China Dynamic Random Access Memory (DRAM) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Chinese Dynamic Random Access Memory (DRAM) Market is Segmented by Architecture (DDR3, DDR4, DDR5, and DDR2) and Application (Smartphones/Tablets, PCs/Laptops, Data Centers, Graphics, Consumer Products, and Automotive). The market sizes and forecasts are provided in terms of value (USD billion) and Volume (billion units) for all the above segments.

China Dynamic Random Access Memory (DRAM) Market Size

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China Dynamic Random Access Memory (DRAM) Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.95 %
Market Concentration Low

Major Players

China Dynamic Random Access Memory (DRAM) Market Major Players

*Disclaimer: Major Players sorted in no particular order

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China Dynamic Random Access Memory (DRAM) Market Analysis

The Chinese dynamic random access memory (DRAM) market is valued at USD 20.99 billion in the current year. It is expected to register a CAGR of about 3.95%, reaching USD 26.46 billion by the end of the forecast period. As consumers nowadays require safe data storage systems with increasing capacities due to the growing adoption of modern communication and advanced digital technologies, the demand for advanced memory solutions such as DRAM is growing.

  • DRAM, or dynamic random access memory, is a specific type of RAM (random access memory) that is widely adopted in modern desktops, laptops, and other computing systems. DRAM acts as a temporary memory bank for a computer where data is stored for quick, short-term access as they are significantly faster than storage devices such as SSDs.
  • China is among the major consumer of DRAMs as the country has witnessed rapid infrastructural growth in recent years, which has significantly enhanced the penetration of advanced digital technologies and computing devices. According to the National Bureau of Statistics of China, the share of e-commerce in total retail sales of consumer goods in China reached 27.2% in 2022. The growth of e-commerce has positively impacted the adoption of computing devices.
  • The growing urbanization rate is also positively influencing the growth of the market in China as it has significantly enhanced the demand for mobile computing devices such as smartphones, tablets, and laptops. With the government focusing on further increasing the rate of urbanization, the demand for such products is anticipated to grow, creating demand for DRAMs. For instance, according to the National Bureau of Statistics of China, approximately 65.2% of the total population in China lived in cities in 2022.
  • The IT and data center industry is also flourishing in the country amid the growing amount of data generated each year. For instance, China's National Development and Reform Commission (NDRC) has recently unveiled its plans to establish four more data center mega clusters across the country. Such trends also favor the studied market's growth in the country.
  • However, technical limitations of DRAM, such as a higher power than SRAM because its capacitors need to be recharged often to maintain their charge, is among the major factor challenging the studied market's growth in the country. Additionally, the US-China trade dispute is creating barriers to the development of the DRAM market in China.
  • A notable impact of the outbreak of COVID-19 was observed in the market. In contrast, the initial outbreak had a detrimental impact on growth due to supply chain and production disruptions caused by lockdowns across various regions. However, the market is expected to grow in the post-COVID period due to a growth in demand across major end-user industries and the emergence of local players in the DRAM manufacturing landscape.

China Dynamic Random Access Memory (DRAM) Market Trends

Growing Investment in Data Centers to Drive the Growth

  • China is a large country both in terms of geography and population. According to estimates by the International Monetary Fund (IMF), the population of China is expected to reach about 1,411.96 million in 2023. A large portion of this population is digitally educated and uses digital services in some form or other. Internet penetration plays a major role in this trend. For instance, according to CNNIC, in 2022, the internet penetration rate was about 75.6% in China.
  • Owing to such trends, internet-based services and businesses are flourishing in the country. For instance, the e-commerce industry in the country has expanded significantly in recent years. According to the data provided by the Ministry of Commerce in 2022, the overall domestic e-commerce sales in China reached CNY 13.79 trillion (~USD 2.04 trillion), up by 4% from the previous year.
  • The growing number of internet users and the recent shift in trend wherein businesses across the country are increasing their adoption of digital solutions have significantly increased the amount of data generated, thus driving the demand for storage spaces and investment in data centers.
  • According to Cloudscene, China was ranked fourth in terms of the number of data centers in the country, as it had about 443 data centers in 2022. This number is expected to grow as several public and private organizations increase their data center investments. For instance, in February 2023, CapitaLand launched a new China-focused data center development fund. The organization also unveiled its plans for two new facilities outside Beijing.
  • Government initiatives are also playing a crucial role in the growth of the data center industry in the country. For instance, the Chinese government recently launched a new national project to build a centralized data center system across eight regions. The project aims to channel the country's growing demand for computing and data analysis.
China Dynamic Random Access Memory (DRAM) Market: Major countries with Highest Number of Data Centers, Global, 2022

Demand Across Automotive Segment to Grow Significantly

  • China is among the largest automotive markets in terms of production and consumption. Owing to favorable government regulations and the availability of a low-cost skilled workforce, almost all global automobile companies have their manufacturing bases in the country. For instance, according to the China Association of Automobile Manufacturers (CAAM), in April 2022, about 210 thousand units of commercial and 996 thousand passenger cars were manufactured in the country.
  • Owing to the presence of a large consumer base, the country is also among the major consumers of automobiles. This is evident because, in April 2022, about 965 thousand passenger and 216 thousand commercial vehicles were sold in the country. (Source: CAAM).
  • In recent years, the applications of ICT technologies in automobiles have gradually shifted from the entertainment audio and video playback and navigation system to in-depth learning and vehicle-to-everything (V2X) communication to achieve the eventual goal of autonomous vehicles. To achieve this goal, semiconductors and memory devices will play a crucial role.
  • DRAM is one such component enabling these advancements in the automobile industry. For instance, it is widely used in high-definition displays and displays like heads-up displays and instrumentation consoles that provide safety-critical information to the driver. Additionally, the automotive sensors and cameras that provide critical input to the ADAS system generate a large amount of data, hence, requiring the bandwidth and capacity of DRAM.
China Dynamic Random Access Memory (DRAM) Market: Monthly Automobile Sales, By Type, in Thousand Units, China, Jan - Apr, 2022

China Dynamic Random Access Memory (DRAM) Industry Overview

The dynamic random access memory market in China is competitive and dominated by established players. Although the market is witnessing the emergence of new players, especially local players, the global players are expected to continue to dominate the market for now. Vendors are adopting several strategies, including new product developments, partnerships, mergers, and acquisitions, to expand their market presence further. Some key market players include Samsung Electronics Co. Ltd, Micron Technology Inc., Sk hynix Inc., and ChangXin Memory Technologies Inc.

  • May 2023 - SK hynix, a leading manufacturer of DRAMs, announced the expansion of its legacy processes in its Wuxi, China fab, instead of transitioning to more advanced production processes focusing on DDR3 and DDR4 4Gb products, due to the US ban imposed on semiconductor manufacturing equipment in the country.
  • July 2022 - Samsung, a leading provider of DRAM chips in China and globally, developed a new graphics dynamic random-access memory (DRAM) chip with improved power efficiency and faster speed. According to the company, the 24-gigabit Graphics Double Data Rate 6 (GDDR6) boasts a data processing speed that is over 30% faster than existing products and adopts third-generation, 10-nanometer technology.

China Dynamic Random Access Memory (DRAM) Market Leaders

  1. Samsung Electronics Co. Ltd

  2. Micron Technology Inc.

  3. SK Hynix Inc.

  4. ChangXin Memory Technologies, Inc.

  5. Winbond Electronics (Suzhou) Limited

*Disclaimer: Major Players sorted in no particular order

China Dynamic Random Access Memory (DRAM) Market Concentration
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China Dynamic Random Access Memory (DRAM) Market News

  • June 2022 - A Chinese state-backed start-up SwaySure, also known as Sheng Weixu or Shenzhen Sheng Weixu Technology Company for brevity, hired Yukio Sakamoto, a Japanese chip executive, as part of a strategy to launch a local DRAM industry. The company's main listed products are general-purpose DRAM chips for smartphones and data centers, which the company plans to expand further.
  • January 2022 - Micron Technology, a US memory chip giant, announced that it would close its DRAM design operations in Shanghai by the end of the year. According to the company, the change focuses on producing NAND memory in Shanghai.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Macro-economic Analysis of the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Growing Demand for High-end Smartphones and PCs

      2. 5.1.2 Growing Investment in Data Centers

    2. 5.2 Market Restraints

      1. 5.2.1 Trade Dispute with the United States

  6. 6. PRICING ANALYSIS (Global Level)

    1. 6.1 Spot Price (per GB) in USD Evolution by Type of Dram (DDR3, DDR4, Etc.) from 2015-2020 and Further

    2. 6.2 Pricing Trends Analysis

  7. 7. MARKET SEGMENTATION

    1. 7.1 By Architecture (Value and Volume)

      1. 7.1.1 DDR3

      2. 7.1.2 DDR4

      3. 7.1.3 DDR5

      4. 7.1.4 DDR2/Others

    2. 7.2 By Application (Value and Volume)

      1. 7.2.1 Smartphone/Tablets

      2. 7.2.2 PCs/Laptops

      3. 7.2.3 Data Centers

      4. 7.2.4 Graphics

      5. 7.2.5 Consumer Products

      6. 7.2.6 Automotive

      7. 7.2.7 Other Applications

  8. 8. COMPETITIVE LANDSCAPE

    1. 8.1 Company Profiles

      1. 8.1.1 Samsung Electronics Co. Ltd

      2. 8.1.2 Micron Technology Inc.

      3. 8.1.3 SK Hynix Inc.

      4. 8.1.4 ChangXin Memory Technologies Inc.

      5. 8.1.5 Nanya Technology Corporation

      6. 8.1.6 Winbond Electronics (Suzhou) Limited

      7. 8.1.7 Kingston Technology

      8. 8.1.8 Transcend Information

      9. 8.1.9 Infineon Technologies AG

    2. *List Not Exhaustive
  9. 9. INVESTMENT ANALYSIS

  10. 10. FUTURE OF THE MARKET

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China Dynamic Random Access Memory (DRAM) Industry Segmentation

Dynamic random access memory, or DRAM, is a type of random access memory (RAM) device that stores data on a different capacitor. This type of memory device is significantly faster than other memory types, such as solid-state drives (SSDs). Hence, its adoption is increasing in modern computing and storage devices.

The study comprehensively analyzes DRAMs' demand, technological trends, and growth trends across various end-user industries in China. The study also analyzes the recent developments and changing market dynamics to provide a holistic overview of the market opportunities. The study segments the market by architecture and application and includes a section analyzing the impact of COVID-19 on China's DRAM industry. The market sizes and forecasts are provided in terms of value (USD billion) and volume (billion units) for all the above segments.

By Architecture (Value and Volume)
DDR3
DDR4
DDR5
DDR2/Others
By Application (Value and Volume)
Smartphone/Tablets
PCs/Laptops
Data Centers
Graphics
Consumer Products
Automotive
Other Applications
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Frequently Asked Questions

The China Dynamic Random Access Memory (DRAM) Market is projected to register a CAGR of 3.95% during the forecast period (2024-2029)

Samsung Electronics Co. Ltd , Micron Technology Inc., SK Hynix Inc. , ChangXin Memory Technologies, Inc. and Winbond Electronics (Suzhou) Limited are the major companies operating in the China Dynamic Random Access Memory (DRAM) Market.

The report covers the China Dynamic Random Access Memory (DRAM) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the China Dynamic Random Access Memory (DRAM) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

China Dynamic Random Access Memory (DRAM) Industry Report

Statistics for the 2024 China Dynamic Random Access Memory (DRAM) market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. China 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.

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China Dynamic Random Access Memory (DRAM) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)