Americas Dynamic Random Access Memory (DRAM) Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.49 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Americas Dynamic Random Access Memory (DRAM) Market Analysis
The Americas' Dynamic Random Access Memory (DRAM) market accounts for USD 29.27 billion in the current year and is estimated to reach USD 35.92 billion by the end of the forecast period while registering a CAGR of 3.49%. The Americas is expected to witness considerable growth in the DRAM market over the forecast period, primarily due to high technological advancements in the region.
- One of the main drivers of the DRAM market is the surge in demand for high-memory mobile devices like smartphones and tablets for high performance. Due to their increasing market penetration and falling prices, mobile phones are anticipated to hold a sizable portion of the DRAM market. Additionally, the demand for high-performance and low-power DRAM solutions in mobile devices is anticipated to spur expansion in the Americas' DRAM market.
- The increasing number of data centers, growing reliance on AI, machine learning, big data, IoT, industrial and consumer electronics, and ICT infrastructure are some of the factors propelling the production of DRAM. Some of the short-term DRAM demand drivers include increasing demand for gaming and educational notebooks, ongoing low- and mid-priced 5G smartphone launches, rising GPU demand due to the rising cryptocurrency mining, significant gaming console demand, and significant home entertainment demand for TVs, smart speakers, and set-top boxes because of the rising disposable income in American countries.
- The market's growth can be primarily attributed to the region's increased demand for smartphones and personal laptops, supporting the region's increased production of DRAM chips. One of the primary factors driving the demand for personal computers in the region is an increase in the number of adults in the United States who engage in online gaming.
- However, the ever-increasing price sensitivity of the features on these electronic devices is another factor contributing to the decline in demand for electronics. DRAM demand is expected to decrease in the market. Additionally, DRAM provides one-time investments for memory solutions because, barring significant damage, it has a long lifespan. However, DRAM manufacturing demand will consequently decrease, making it more difficult for market suppliers to compete.
Americas Dynamic Random Access Memory (DRAM) Market Trends
Automotive is Expected to Register Significant Growth
- The rapidly expanding automotive industry in the region is expected to propel the region's DRAM market size. The increasing demand for ADAS and self-driving vehicle systems in the United States, Canada, and Brazil is likely to increase DRAM production in the region.
- The region's fastest-growing application sector is ADAS, attributed to the rise in traffic accidents, which led to stricter safety regulations and increased demand for ADAS in the American market. The market demand for onboard storage and data processing is increasing with the introduction of next-generation instrument clusters that show detailed graphical gauge readouts on substantial, high-resolution color displays.
- These systems also need cutting-edge processors with large memory capacities and bandwidths. New rules are also anticipated to be implemented by the US government to safeguard the safety of drivers and passengers and stop common mistakes in automotive systems.
- In June 2022, Micron announced the expansion of its ecosystem and embedded product line that addresses data at the edge in the automotive markets. Micron declared that its LPDDR5 DRAM had received the first ISO 26262 Automotive Safety Integration Level (ASIL) D certification for memory. Similarly, the automotive industry is developing quickly due to the first LPDDR5 ISO 26262 ASIL D certification in the world.
United States May Dominate the Market During the Forecast Period
- In the United States, DRAM chip reliance is almost entirely placed on South Korea, which maintains roughly half the production capacity for DRAM chips worldwide. Further, China and Taiwan account for nearly half of global manufacturing. The nation requires faster-changing technologies, more effective processing systems, and high data generation across industries. Non-volatile, dense, and energy-efficient memories have become a top priority with the rise of mobile and low-power devices, high-end data centers, and large on-chip caches.
- According to Cloudscene, there were about 2,751 data centers in the United States in 2022. The data center is now the primary computing structure. Modern, secure accelerated data centers must have data processing units (DPUs) that can combine CPUs, GPUs, and DPUs into a single fully programmable computing unit. Additionally, Nvidia claims that data management uses up to 30% of the data centers' central processing units.
- Companies try to differentiate themselves from competitors by incorporating more powerful AI into their DPUs. The Santa Clara-based company introduced its line of data processing units, or DPUs, which can consolidate more of the infrastructure in data centers onto a single chip. On a single system-on-chip (SoC), the DPU combines programmable Arm CPU cores with a high-performance network interface.
- According to the GSMA, 5G will be the most widely used network technology in the United States by 2025. 5G will allow for the rapid transmission of large amounts of telecommunications data, implying that devices will require more storage. This factor would increase DRAM adoption. Verizon, AT&T, and T-Mobile Networks are actively investigating the commercial potential of 5G modems to provide broadband internet access to premises without the use of cable or xDSL cabling.
- The nation is seeing a lot of investments in semiconductors and electronics, which is helping expand the market studied. For instance, In November 2022, memory chip manufacturer Micron Technology Inc. in the United States began sending samples of its most advanced DRAM chip based on the LPDDR5X, low-power double data rate 5X, standard to smartphone makers for testing. Micron's most advanced manufacturing technique, known as 1-beta, was used to create the most recent DRAM chip. Currently, the company ships many LPDDR5X DRAM chips made with its 1-alpha technology.
Americas Dynamic Random Access Memory (DRAM) Industry Overview
The Americas' dynamic random access memory (DRAM) market is significantly consolidated. However, players are continually trying to gain maximum market share. Some major players are Micron Technology, Nanya Technology Corporation, and Powerchip Technology Corporation, among others. Their ability to constantly innovate the products by investing heavily in research and development has enabled them to gain a competitive advantage over their competitors.
- August 2022 - NEO Semiconductor, United States, a leader in developing the cutting-edge architecture for 3D NAND flash and DRAM memory, announced the release of X-DRAM at the Flash Memory Summit 2022. X-DRAM significantly outperforms conventional DRAM in terms of performance and power efficiency for the main memory used in IT systems and consumer goods.
- October 2022 - Samsung Electronics Co. Ltd was granted a one-year exemption from the new US embargo on exports of advanced chips and related equipment to China. Samsung was the industry leader in producing DRAM and NAND flash memory chips. Samsung has been permitted to continue acquiring the equipment and other supplies it needs to continue manufacturing memory chips in China by the US Department of Commerce.
Americas Dynamic Random Access Memory (DRAM) Market Leaders
Micron Technology Inc.
Nanya Technology Corporation
Winbond Electronics Corporation
Kingston Technology
Infineon Technologies
*Disclaimer: Major Players sorted in no particular order
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Americas Dynamic Random Access Memory (DRAM) Market News
- October 2022 - Intelligent Memory (IM), a manufacturer of industrial-grade memory product solutions, appointed Fusion Sourcing Group as its northeast regional representative in the United States. With this agreement, Fusion will serve as IM's professional, outsourced field sales force, bringing the industry's most comprehensive memory portfolio to its commercial and industrial customers. Intelligent Memory provides DRAM components and modules ranging from SDRAM to DDR4.
- August 2022 - Micron Technology announced plans to invest USD 40 billion through the decade's end in multiple phases to build cutting-edge memory manufacturing in the United States. The company expects to start production in the second half of the decade, gradually increasing overall supply to match industry demand trends. Micron is also improving the technology that powers its DRAM chips, which are another important component of its product portfolio.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Impact of COVID-19 on the DRAM Industry
5. PRICING ANALYSIS
5.1 Spot Price (Per GB) In USD Evolution by Type of DRAM (DDR3, DDR4, Etc.)
5.2 Pricing Trends Analysis
6. MARKET DYNAMICS
6.1 Market Drivers
6.1.1 Surging Demand for High-memory Handheld Devices, such as Smartphones and Tablets
6.1.2 Rise in Demand for Self Driving Vehicle Systems and Driver Awareness Systems (ADAS)
6.2 Market Challenges
6.2.1 High Cost of Design and Fabrication of DRAM
7. MARKET SEGMENTATION
7.1 By Architecture
7.1.1 DDR3
7.1.2 DDR4
7.1.3 DDR5
7.1.4 DDR2/Others
7.2 By Application
7.2.1 Smartphones/Tablets
7.2.2 PCs/Laptops
7.2.3 Data Center
7.2.4 Graphics
7.2.5 Consumer Products
7.2.6 Automotive
7.2.7 Other Applications
7.3 By Country
7.3.1 United States
7.3.2 Canada
7.3.3 Brazil
7.3.4 Rest of Americas
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Micron Technology Inc.
8.1.2 Nanya Technology Corporation
8.1.3 Winbond Electronics Corporation
8.1.4 Kingston Technology
8.1.5 Infineon Technologies
8.1.6 Intel Corporation
8.1.7 Samsung Electronics Co. Ltd
8.1.8 United Microelectronics Corporation
8.1.9 Elpida Memory Inc.
8.1.10 Transcend Information Inc.
8.1.11 Etron Technology Inc.
8.1.12 SK hynix America Inc.
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
Americas Dynamic Random Access Memory (DRAM) Industry Segmentation
Dynamic random access memory (DRAM) is a semiconductor memory typically used for the data or program code required by a computer processor to process. DRAM is a type of RAM commonly found in personal computers (PCs), workstations, and servers. Random access allows the PC processor to directly access any part of the memory rather than proceeding sequentially from the beginning. RAM, located near a computer's processor, allows for faster data access than storage media, such as hard disk drives and solid-state drives.
The Americas' dynamic random access memory (DRAM) market is segmented by architecture (DDR3, DDR4, DDR5, and DDR2/others), application (smartphones/tablets, PCs/laptops, data centers, graphics, consumer products, and automotive), country. The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
| By Architecture | |
| DDR3 | |
| DDR4 | |
| DDR5 | |
| DDR2/Others |
| By Application | |
| Smartphones/Tablets | |
| PCs/Laptops | |
| Data Center | |
| Graphics | |
| Consumer Products | |
| Automotive | |
| Other Applications |
| By Country | |
| United States | |
| Canada | |
| Brazil | |
| Rest of Americas |
Frequently Asked Questions
What is the current Americas Dynamic Random Access Memory (DRAM) Market size?
The Americas Dynamic Random Access Memory (DRAM) Market is projected to register a CAGR of 3.49% during the forecast period (2024-2029)
Who are the key players in Americas Dynamic Random Access Memory (DRAM) Market?
Micron Technology Inc., Nanya Technology Corporation, Winbond Electronics Corporation, Kingston Technology and Infineon Technologies are the major companies operating in the Americas Dynamic Random Access Memory (DRAM) Market.
What years does this Americas Dynamic Random Access Memory (DRAM) Market cover?
The report covers the Americas Dynamic Random Access Memory (DRAM) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Americas Dynamic Random Access Memory (DRAM) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Americas Dynamic Random Access Memory (DRAM) Industry Report
Statistics for the 2024 Americas Dynamic Random Access Memory (DRAM) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Americas Dynamic Random Access Memory (DRAM) analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
