Europe 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 | 2.42 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Dynamic Random Access Memory (DRAM) Market Analysis
The European dynamic random access memory (DRAM) market is valued at USD 20.01 billion in the current year. Over the projection period, it is anticipated to record a CAGR of 2.42% and reach USD 23.08 billion.
- The need for cloud computing and a high-speed connection is projected to drive growth in the dynamic random access memory (DRAM) market, especially for regional data centers. Solutions with high memory density and low power consumption meet the demands of cloud computing services for high-speed data transfer, cooling, and backup.
- Since they are regularly found in 3D games, personal computers, laptops, and equipment that play high-definition movies, several major industry manufacturers are even focusing on developing new graphics DRAM chips with faster speeds and greater power efficiency.
- Europe has a burgeoning market for data centers. The amount invested in data centers in Europe is breaking records due to the surge in demand. The FLAP areas (Frankfurt, London, Amsterdam, and Paris), where the bulk of demand is sought, remain the leading data center markets. The need is skyrocketing and is increasing. Large markets like Frankfurt and London have seen an increase in foreign direct investment. However, colossal cloud providers and internet companies that use hyperscale data centers account for a substantial portion of the demand. These emerging trends may propel the market's growth in the region.
- According to the EU Chips Act, Europe is promoting the capacity of advanced semiconductor products and tools. The most recent generation of AI applications, computers, data centers, smartphones, supercomputers, and memory depend on advanced node processors. In contrast, trailing node chips are largely required by the automotive sector, home appliances, medical equipment, and most industrial facilities. This trend may also be effective in the market's growth during the projected period.
- During the COVID-19 pandemic, PCs, tablets, and mobile phone sales declined drastically. Consequently, the demand for DRAM manufacturing was also impacted. As the demand declined in the market, the price of DRAM increased, which was one of the restraints for the market's growth in the region.
Europe Dynamic Random Access Memory (DRAM) Market Trends
Data Center Segment to Register Considerable Growth
- The dynamic random access memory (DRAM) market's development is anticipated, particularly for regional data centers, as a result of the need for cloud computing and a fast connection. Cloud computing services' high-speed data transport, cooling, and backup requirements are met by solutions with high memory density and low power consumption.
- Since DRAM is crucial for the smooth operation of contemporary corporate and data center applications, expanding data centers has greatly increased demand for the product. According to Cloudscene, as of 2022, there were around 487 data centers in Germany and 456 in the United Kingdom. This factor may fuel the market further during the forecast period.
- The studied market is also being driven by the fact that several market vendors are building new data centers. For example, Google announced that it would make the greatest investment in Germany in more than 20 years by spending around USD 1 billion to expand the data centers that serve its cloud computing services.
- Experts like Dr. Béla Waldhauser, CEO of Telehouse Germany, and DataCenter-Insider-Editor-in-Chief Ulrike Ostler predicted that Edge data centers might become a more important market segment in the future. By 2025, according to Ostler's forecast, this number will have tripled. In addition, Waldhauser anticipated that tier-II cities like Berlin, Hamburg, and Munich would become more significant for colocation providers due to the anticipated demand for storage capacity and processing power. Such factors may boost the market's growth in the future.
United Kingdom May Grow at a Significant Rate Over the Forecast Period
- The UK government is developing several programs to encourage the semiconductor industry to become more self-sufficient. There has been a substantial demand for data centers in the United Kingdom from small- and medium-sized businesses that need more funding to establish internal IT operations.
- According to Cloudscene, the country's data center business is booming, contributing 8% of its overall GDP, which is over USD 2.86 trillion. As of 2022, the maximum number of data centers were present in London, with the maximum number of cloud service providers at 1,405.
- The country has 85.01 million active mobile devices and 97.23 million mobile connections. Mobile phones are owned by 98% of the adult population, translating to 1.37 active links per person. The above data signifies the country's growing number of mobile phone users.
- The need for effective data center solutions and services drives up expenditure due to expanding infrastructure and increasingly complicated networking, server, storage, and other equipment. The establishment of data centers has also received funding from the government. Initiatives like increasing investments in data centers and the growing usage of mobile phones may propel the market's growth during the projected period.
Europe Dynamic Random Access Memory (DRAM) Industry Overview
Over the years, DRAM products have expanded significantly, making up a sizable amount of the computer memory utilized in most information technology equipment. Several DRAM producers are vying to offer the most advanced products at the lowest costs. The European dynamic random access memory (DRAM) market is significantly consolidated and dominated by a few global players. The key players are Samsung Electronics Co. Ltd, Micron Technology Inc., SK Hynix Inc., Nanya Technology Corporation, Winbond Electronics Corporation, etc.
- December 2022 - Samsung Electronics Co. Ltd announced the development of its 16-gigabit (Gb) DDR5 DRAM using the first 12-nanometer (nm)-class manufacturing technology in the industry. This technological advancement was made feasible by adopting a new high-grade material that boosts cell capacitance and a proprietary design technique that enhances fundamental circuit properties. The new DRAM has the most significant die density and sophisticated, multi-layer extreme ultraviolet (EUV) lithography, enabling a 20% increase in wafer productivity.
- November 2022 - Micron Technology Inc. announced that it had achieved mass production readiness with the world's most advanced DRAM technology node. It distributes qualification samples of its 1 (1-beta) DRAM technology to select smartphone makers and chipset partners. The first product to leverage the company's most recent process technology generation is the low-power double data rate 5X (LPDDR5X) mobile memory, with high-speed ratings of 8.5 gigabits (Gb) per second. Beyond smartphones and tablets, 1 offers the low-latency, low-power, high-performance DRAM required to enable highly responsive apps, real-time services, and the contextualization and personalization of experiences across autonomous vehicles and data centers.
Europe Dynamic Random Access Memory (DRAM) Market Leaders
Samsung Electronics Co.Ltd.
Micron Technology Inc.
SK Hynix Inc.
Nanya Technology Corporation
Winbond Electronics Corporation
*Disclaimer: Major Players sorted in no particular order
Europe Dynamic Random Access Memory (DRAM) Market News
- October 2022 - According to Micron Technologies, the quantity of dynamic random access memory (DRAM) supplied in data centers will quadruple by 2025 compared to last year. In contrast, NAND flash storage is anticipated to treble in the same year. Micron predicts that the data center memory industry, including DRAM and NAND flash, will continue to grow strongly through 2030, bringing in up to USD 180 billion in sales.
- February 2022 - Europe announced its plans to increase its semiconductor capacity by 2030. While massive, multi-billion dollar projects like those of Intel are underway in the area, Goodram's European manufacturing partner is making headway on a more modest but no less ambitious expansion project for its DRAM facility in Poland.
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 Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Macro-economic Analysis of the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Demand for Cloud Computing and the Requirement for High-speed Connectivity
5.2 Market Restraints
5.2.1 Complex Manufacturing Process and Requires High Power
6. MARKET SEGMENTATION
6.1 By Architecture
6.1.1 DDR3
6.1.2 DDR4
6.1.3 DDR5
6.1.4 DDR2/Others
6.2 By Application
6.2.1 Smartphones/Tablets
6.2.2 PCs/Laptops
6.2.3 Data Centers
6.2.4 Graphics
6.2.5 Consumer Products
6.2.6 Automotive
6.2.7 Other Applications
6.3 Country
6.3.1 United Kingdom
6.3.2 Germany
6.3.3 France
6.3.4 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 SK Hynix Inc.
7.1.2 Micron Technology Inc.
7.1.3 Nanya Technology Corporation
7.1.4 Winbond Electronics Corporation
7.1.5 Samsung Electronics Co. Ltd
7.1.6 Transcend Information
7.1.7 Kingston Technology
7.1.8 Infineon Technologies
7.1.9 ATP Electronics
7.1.10 Elpida Memory Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Europe Dynamic Random Access Memory (DRAM) Industry Segmentation
The information or software code that a computer processor needs to operate is often stored in dynamic random access memory (DRAM), a type of semiconductor memory. Personal computers (PCs), workstations, and servers frequently employ DRAM. Instead of moving through the memory sequentially from the beginning, random access enables the PC processor to directly access any area of the memory. Compared to storage devices like hard disc drives and solid-state drives, RAM is housed close to a computer's processor and allows quicker data access.
Europe's dynamic random access memory (DRAM) market is segmented by architecture (DDR3, DDR4, DDR5, and DDR2), application (smartphones/tablets, PCs/laptops, data centers, graphics, consumer products, and automotive), and country. The market sizes and forecasts are provided in terms of value in USD billion for all the above segments.
| By Architecture | |
| DDR3 | |
| DDR4 | |
| DDR5 | |
| DDR2/Others |
| By Application | |
| Smartphones/Tablets | |
| PCs/Laptops | |
| Data Centers | |
| Graphics | |
| Consumer Products | |
| Automotive | |
| Other Applications |
| Country | |
| United Kingdom | |
| Germany | |
| France | |
| Rest of Europe |
Frequently Asked Questions
What is the current Europe Dynamic Random Access Memory (DRAM) Market size?
The Europe Dynamic Random Access Memory (DRAM) Market is projected to register a CAGR of 2.42% during the forecast period (2024-2029)
Who are the key players in Europe Dynamic Random Access Memory (DRAM) Market?
Samsung Electronics Co.Ltd., Micron Technology Inc., SK Hynix Inc. , Nanya Technology Corporation and Winbond Electronics Corporation are the major companies operating in the Europe Dynamic Random Access Memory (DRAM) Market.
What years does this Europe Dynamic Random Access Memory (DRAM) Market cover?
The report covers the Europe Dynamic Random Access Memory (DRAM) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Dynamic Random Access Memory (DRAM) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Dynamic Random Access Memory (DRAM) Industry Report
Statistics for the 2024 Europe Dynamic Random Access Memory (DRAM) market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe 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.
