DUBLIN, Aug. 18, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/vnns5r/global_capital) has announced the addition of the "Global Capital Spending on Memory Devices Market 2015-2019" report to their offering.
The global capital spending on memory devices market to grow at a CAGR of 5.86% over the period 2014-2019.
Semiconductor capital spending refers to money spent or funds used by a semiconductor company in producing semiconductor ICs. Semiconductor capital spending includes the repair of semiconductor production equipment or the purchase of equipment. However, this report focuses on capital spending pertaining to only semiconductor memory devices such as DRAM, mobile DRAM, NAND flash, and 3D NAND flash memory devices.
This report covers the present and future scenarios of the global capital spending on memory devices market for 2015-2019. The authoruses 2014 as the base year and provides data for the trailing 12 months. To calculate market size, analysts considered the capital spent on semiconductor memory devices by the semiconductor companies.
Portable electronic devices such as smartphones and tablets become obsolete after a short time because of rapid launches of next-version models by vendors. On average, the replacement cycle is 8-12 months. In the past, the replacement period was much longer. Due to the reduction in the product replacement cycle time, the demand for memory devices for newly launched devices is expected to rise drastically, and this will increase the capital spending on memory devices by semiconductor companies, leading to the growth of market.
According to the report, the adoption of communication devices and consumer electronics such as smartphones, tablets, and smart LED TVs is constantly increasing. As a result of advances in the consumer electronics sector, which have seen the emergence of 3D and UHD TVs and hybrid laptops, the demand for NAND flash and DRAM memory devices will also increase steadily during the forecast period, thus leading to an increase in capital spending on memory devices.
Further, the report states that less time-to-market is one of the major challenges faced by vendors in the global capital spending on memory devices market.
- Samsung Semiconductor
- SK Hynix
- Micron Technology
Other Prominent Vendors
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SOURCE Research and Markets