According to the Market Statsville Group (MSG), the DRAM Module and Component Market size is expected to grow from USD 92.6 billion in 2021 to USD 3,815.2 billion by 2030 at a CAGR of 7.1% from 2022 to 2030. DRAM modules are circuit boards that contain a collection of dynamic random access memory (DRAM) chips. These chips are single-transistor dynamic memory cells that store bits in a row-and-column addressable format using capacitors. It's a type of random access memory (RAM) that requires the capacitor to be charged or refreshed regularly to keep data. A DRAM module requires power to keep its data current. DRAM modules use volatile memory in this way. Different types of DRAM modules can be chosen depending on their characteristics. Modules such as synchronous DRAM (SDRAM), extended data out (EDO), and fast page mode (FPM) are examples. DRAM modules have wide applications in laptops, desktops, computers, and servers.
DRAM modules are used to expand the memory capacity in servers, increase bandwidth and ensure signal integrity in networking applications, and provide memory capacity with low power consumption and a tiny form factor in mobile applications.
The DRAM module market is expected to grow in terms of revenue as sales of smartphones, laptops/tablets, digital cameras, and other devices continue to rise. The rise in demand for DRAM modules and components in the automotive industry, as well as the introduction of 5G technology, are some of the major factors driving the DRAM module and component market. Furthermore, the DRAM module market is expected to benefit from an increase in demand for more powerful processing technologies as a result of a greater focus on higher storage capacity and lower power consumption.
The COVID-19 pandemic has caused damage on the supply chains of mobile devices, computers, and consumer electronics, which are the major end-user industries of DRAM modules and components. Lockdowns and the stopping of production activities have slowed economic growth even more, upending the global semiconductor industry and causing a massive chip shortage that has impacted autos, computers, and other businesses throughout the world. Despite this, the shortage has created an opportunity for investment and the rise of new participants in the semiconductor business; semiconductor manufacturers are now scrambling to increase production. Further, the work from home trend has created significant demand for laptops, increasing the market’s growth.
The study categorizes the DRAM module and component Market based on memory, end-use industry, and type at regional and global levels.
Based on type, the DRAM module and component market is divided into DDR2 DRAM, DDR3 DRAM, DDR4 DRAM, DDR5 DRAM, LPDRAM, GDDR, and HBM. Due to the increasing applications of these DRAMs in battery-operated devices such as smartphones and tablets, the LPDRAM module and component segment holds the largest market share. Every year, the demand for smartphones and tablets grows rapidly, as does the demand for LPDRAM modules and components.
Based on the regions, the Global DRAM module and component market has been analyzed across five major regions: North America, Asia Pacific, the Middle East & Africa, Europe, and Latin or South America. APAC currently holds the largest market share of DRAM modules and components and is expected to maintain this position during the forecast period due to the presence of countries such as China and South Korea in the region. China is a major memory device market, with strong growth driven by high demand in the mobile, automotive, and server markets, although it imports DRAM from other nations to meet its needs. With the launch of "Made in China 2025" in 2015, the Chinese government began investing billions of dollars in the growth of their domestic semiconductor industry in partnership with private sector partners, intending to narrow the gap between domestic production and consumption.
South Korea is a global leader in mobile devices, servers, consumer electronics, computers, and DRAM module and component manufacturing, with companies like Samsung Electronics Co., Ltd. (South Korea) and SK Hynix (South Korea) among the top two DRAM module and component manufacturers in the world. This is the main driving factor of growth in this country.
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