SYS-CON MEDIA Authors: Adine Deford, Cynthia Dunlop, Harry Trott, Xenia von Wedel, Peter Silva

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Global Markets for Circuit Elements with Memory: Memresistors, Memcapacitors, Meminductors

LONDON, Sept. 1, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

Global Markets for Circuit Elements with Memory: Memresistors, Memcapacitors, Meminductors

https://www.reportbuyer.com/product/2009164/Global-Markets-for-Circuit-Elements-with-Memory-Memresistors-Memcapacitors-Meminductors.html

STUDY BACKGROUND

It has been stated:
"Circuit elements that store information without the need of a power source would represent a paradigm change in electronics, allowing for low-power computation and storage. In addition, if that information spans a continuous range of values, analog computation may replace the present digital one. Such a concept is also likely to be at the origin of the workings of the human brain and possibly of many other mechanisms in living organisms so that such circuit elements may help us understand adaptive and spontaneous behavior, or even learning."
Memresistors, or memristors, have received the lion's share of attention, starting with the 2010 announcement that Hewlett Packard and Hynix Semiconductor of Seoul, Korea would collaborate to commercialize memristor technology in the form of Resistive Random Access Memory or RRAM. (In fact, several other companies have beaten HP/Hynix to the market, with the first commercial memristor devices appearing in 2013.) However, in the longer term, it may be possible to construct memory circuits that work on capacitive and/or inductive principles.

STUDY GOALS AND OBJECTIVES

The goal of this report is to survey emerging memristor and related technologies (e.g., memcapacitors and meminductors) and their applications, identify those that are most likely to achieve significant commercial sales in the next five years to 10 years (2013 to 2023), and develop quantitative estimates of potential sales.
The report's specific objectives support this broad goal. These objectives include singling out the technologies and applications with the greatest commercial potential in the 2013 to 2023 time frame, identifying market drivers and evaluating obstacles to their successful commercialization, and projecting their future sales.

INTENDED AUDIENCE

This report is intended especially for executives, entrepreneurs, investors, venture capitalists, and other readers with a need to know where the market for memristors and similar devices is headed over the next 5 years to 10 years. Although the report is organized around specific technologies, it is largely nontechnical in nature and coverage. That is, it is concerned less with theory and jargon than with what works, how much of the latter the market is likely to purchase, and at what price.
The report has not been written specifically for scientists and technologists. However, the report's findings concerning the market for their work, including the availability of government and corporate research funding for different technologies and applications, should interest them as well.

SCOPE AND FORMAT

The proposed report will describe the basic technologies behind memresistors, memcapacitors and meminductors; their history and current state of development; theoretical advantages and disadvantages; challenges that must be overcome to commercialize them; possible time frames for their commercialization; and potential applications.
The report will focus on memristors, which are much closer to commercialization than the other two basic technologies; types of memristor (e.g. titanium dioxide, polymeric, ferroelectric, spin resistive), their strengths and weaknesses, and expected time to market; applications; and future sales.
The report will highlight the degree to which expected sales represent new markets vs. cannibalizing existing markets and the implications for suppliers' business strategies. Cannibalization reportedly is a significant concern of developers like Hynix that have a presence in competing markets.

The study format includes the following major elements:
• Executive summary.
• Definitions.
• Historical milestones.
• Technologies and applications that have the greatest commercial potential through 2023.
• Detailed market estimates and projections for each application and material during the period 2012 to 2017.
• General assessment of expected market trends in the longer term (2017 to 2023).
• Companies, academic and government laboratories that are developing commercial memristors, memcapacitors, and meminductors.
• Patent analysis.

INFORMATION SOURCES AND METHODOLOGY

Projecting the market for emerging technologies, whose commercial potential has not yet been proven, is a challenging task. This is nowhere more true than memristors and related technologies, which may help to explain why many analysts focus on supply-side technology assessments.
However, BCC Research's objective in this report is to provide not just a technology assessment but also an initial commercial assessment of the potential commercial market for memristors, memcapacitors, and meminductors. To accomplish this objective, BCC Research used a multiphase approach to identify the technologies and applications with the greatest commercial potential and to quantify the related markets.

In the first phase of the analysis, BCC Research identified a long list of memristor and related technologies and applications, including those that are still under development. In the second phase, BCC Research eliminated those applications that appear to have little likelihood of making it into commercial use in the next five to 10 years, which was accomplished through a literature review and interviews with industry sources. The result of phase two was a short list of technologies with the greatest commercial potential over the time period covered by this report.
The third phase focused on quantifying the potential market for each short- technology, by application, and identifying the main prerequisites for commercial success. Phase three actually had two phases: 1) development of near- to- midterm (2013 to 2018) projections, and 2) development of longer-term (2018 to 2023) projections.
The development of such long-term projections is a departure from the usual BCC Reserach report format, necessitated by the long time frame for commercialization of many of the technologies analyzed in this report. Obviously, the projections for the out-years beyond 2018 are more tentative than the projections for 2013 to 2018.
The specific assumptions and approach BCC Research used to develop the projections (both near/midterm and long-term) for each technology and application are documented in detail under the various segments addressed. This way, readers can see how the market estimates were developed and, if they so desire, test the impact on the final numbers of changing the underlying assumptions.
One of the approaches used by BCC Research deserves special mention here. In the case of some technology applications that are still under development, BCC Research used the sales performance of non-memristor technologies and applications that share some of the same functions or other characteristics with the respective memristor applications as a benchmark for assessing the latter's sales potential.

ANALYST CREDENTIALS

Andrew McWilliams, the author of this report, is a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel, LLC. He is the author of several other BCC Research studies of microelectronics and related industries, including reports:
• AVM067B Metamaterials: Technologies and Global Markets.
• AVM075C Graphene: Technologies, Applications, and Markets.
• AVM078A New Electronic Materials and Device Technologies: Global Markets.
• CHM045A Global Markets for Lithographic Chemicals.
• IAS029C Terahertz Radiation Systems: Technologies and Global Market.
• IFT009E Global Markets for Conformal Coatings in Electronics.
• IFT054A Data Storage Media: Materials, Technologies, Markets (coauthored with Mindy Rittner).
• IFT061A Enabling Technologies for High-Performance Computing.
• IFT066A Printed Electronics: The Global Market.
• NAN036B Nanotechnology for Photonics: Global Markets.
• NAN041A Nanopatterning.
• SMC024H The Market for Thermal Management Technologies.
• SMC043C Electronic Chemicals and Materials: The Global Market.
• SMC048A Semiconductor Microlithography: Materials and Markets.
• SMC064B Semiconductor/Microelectronics Cleaning.
• SMC065A Analog and Mixed Signal Devices.
• SMC071B Thermal Interface Materials: Technologies, Applications and Global Markets.

REPORT HIGHLIGHTS

BCC Research expects the global market for circuit elements with memory to grow from essentially zero in the 2012 to 2013 timeframe to $100 million in 2018, and grow to more than $675 million in 2023. This market is expected to show a compound annual growth rate (CAGR) of 46.5% through the forecast period of 2018 to 2023.

This report provides:
• An overview of the global market for memresistors, memcapacitors, and meminductors.
• Analyses of global market trends, with data projections for 2014 through 2018 and 2023.
• Descriptions of the basic technologies behind memresistors, memcapacitors and meminductors as well as their history, challenges that must be overcome to commercialize them, possible time frames for their commercialization; and potential applications.
• Detailed patent analysis.

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION 2

STUDY BACKGROUND 2
STUDY GOALS AND OBJECTIVES 2
INTENDED AUDIENCE 2
SCOPE AND FORMAT 3
INFORMATION SOURCES AND METHODOLOGY 3
ANALYST CREDENTIALS 4
RELATED BCC RESEARCH REPORTS 5
BCC RESEARCH ONLINE SERVICES 6
DISCLAIMER 6

CHAPTER 2 EXECUTIVE SUMMARY 8

SUMMARY TABLE GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY
TYPE OF APPLICATION, THROUGH 2023 ($ MILLIONS) 8
SUMMARY FIGURE GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY
TYPE OF APPLICATION, 2012-2023 ($ MILLIONS) 8

CHAPTER 3 OVERVIEW 11

DEFINITIONS, GENERAL DESCRIPTION AND PROPERTIES 11
MEMRISTORS 11
MEMRISTIVE SYSTEMS 11
MEMCAPACITORS AND MEMINDUCTORS 12
APPLICATIONS 12
POTENTIAL MARKETS 13
FIGURE 1 GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY, 2013-2023 ($
MILLIONS) 13
TABLE 1 GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY TYPE OF
APPLICATION, THROUGH 2023 ($ MILLIONS) 14
FIGURE 2 CIRCUIT ELEMENTS WITH MEMORY MARKET SHARES BY APPLICATION,
2013 (%) 14

CHAPTER 4 MEMRISTORS 17

HISTORY 17
PRINCIPLES OF OPERATION 18
MEMRISTOR TECHNOLOGIES 20
TYPES OF MEMRISTOR 20
Molecular and Ionic Thin Film Memristors 20
Titanium Dioxide Memristors 20
Amorphous Silicon Memristors 21
Polymeric (Organic) Memristors 22
Ferroelectric Memristors 23
Manganite Memristors 23
Resonant-Tunneling Diode Memristors 24
Hydrogel Memristors 24
Spin-Based and Magnetic Memristors 25
Spin Resistive Memristor 25
Spin Torque Transfer (STT) MRAM 25
CURRENT RESEARCH AND RECENT DEVELOPMENTS 25
Combining Memristors and Nanowires 25
Graphene-Based Memristors 26
Transparent Memristors 27
Silk-Based Memristors 27
Inkjet-Printed Memristor 28
OBSTACLES AND TIMELINE TO COMMERCIALIZATION 28
ADVANTAGES AND DISADVANTAGES VS. COMPETING TECHNOLOGIES 29
POTENTIAL APPLICATIONS OF MEMRISTORS 29
NONVOLATILE MEMORY 29
LOGIC CHIPS 31
SIGNAL PROCESSING 31
ARTIFICIAL NEURAL NETWORKS 32
BRAIN-COMPUTER INTERFACES 33
RFID 34
SENSORS 34
CONTROL SYSTEMS 34

CHAPTER 5 NON-VOLATILE MEMORY APPLICATIONS 36

SUMMARY 36
FIGURE 3 PROJECTED MARKET FOR MEMRISTIVE RRAM, 2012-2023 ($ MILLIONS) 36
COMPUTER MEMORY 37
TYPES OF NON-VOLATILE MEMORY 38
READ-ONLY MEMORY 38
Programmable Read-Only Memory 38
Erasable Programmable Read-Only Memory 39
Electrically Erasable Programmable Read-Only Memory 39
NON-VOLATILE RANDOM ACCESS MEMORY 39
Battery-Powered Static RAM 39
EEPROM- and Flash-Based NVRAM 39
Non-Volatile Dynamic Random Access Memory 40
FLASH MEMORY 40
EMERGING NON-VOLATILE MEMORY TECHNOLOGIES 41
FERROELECTRIC RAM 41
MAGNETO-RESISTIVE RAM 41
PHASE CHANGE MEMORY 42
CONDUCTIVE BRIDGING RANDOM ACCESS MEMORY 43
NON-VOLATILE RANDOM ACCESS MEMORY 44
QUANTUM DOT MEMORY 44
"RACETRACK" MEMORY 45
SILICON-OXIDE-NITRIDE-OXIDE-SILICON MEMORY 45
GRAPHENE MEMORY 46
POLYMER MEMORY 47
DATA STORAGE USING VERTICAL NANOWIRES 47
RESISTIVE RAM 47
GENERAL PRINCIPLES OF RRAM 48
TABLE 2 MATERIALS FOR WITH POTENTIAL RESISTIVE MEMORY APPLICATIONS 48
COMPANIES THAT ARE DEVELOPING RRAM AND RELATED TECHNOLOGIES 49
TABLE 3 COMPANIES THAT ARE DEVELOPING MEMRISTIVE SOLID STATE MEMORY
AND RELATED TECHNOLOGIES 49
SPECIFIC IMPLEMENTATIONS OF RRAM 50
Titanium Dioxide Memristor Memory 50
Amorphous Silicon Memristor Memory 50
Other Technologies 51
RECENT DEVELOPMENTS 51
Flexible RRAM 51
Low Power Pemristor-Based RRAM Design with Error Correcting Code 52
RRAM that Stores Charge 52
Hybrid Solid State Drive Using NAND and RRAM 52
Transparent RRAM 52
Trillion-Cycle RRAM 53
RRAM Using Metal Nanocrystal Covered Bottom Electrode 53
RRAM APPLICATIONS 54
MARKET PROJECTIONS 54
FIGURE 4 PROJECTED SALES OF EMERGING AND OTHER NEW NVM TECHNOLOGIES,
2013-2023 ($ MILLIONS) 55
TABLE 4 PROJECTED MARKET FOR RRAM, THROUGH 2023 ($ MILLIONS) 56

CHAPTER 6 COMPUTER LOGIC APPLICATIONS 58

SUMMARY 58
MEMISTOR LOGIC CIRCUITS 58
APPLICATIONS 59
PROCESSING IN MEMORY CHIPS 59
HYBRID TRANSISTOR/MEMRISTOR CHIPS 60
PROGRAMMABLE LOGIC ARRAYS 60
TECHNOLOGY TRENDS 61
GROWING USE OF FPGAS 61
PROCESSING IN MEMORY 62
MARKET PROJECTIONS 63
TABLE 5 PROJECTED MARKET FOR MEMRISTOR PIM CHIPS, THROUGH 2023 ($
MILLIONS) 63
HYBRID FPGAS 63
TABLE 6 PROJECTED MARKET FOR HYBRID MEMRISTOR-BASED FPGAS, THROUGH
2023 ($ MILLIONS) 64
PROCESSING IN MEMORY 64
TABLE 7 PROJECTED MARKET FOR MEMRISTOR PIM CHIPS, THROUGH 2023 ($
MILLIONS) 65

CHAPTER 7 ARTIFICIAL NEURAL NETWORK APPLICATIONS 67

SUMMARY 67
TECHNOLOGY 67
ARTIFICIAL NEURAL NETWORKS 67
MEMRISTOR-BASED ARTIFICIAL NEURAL NETWORKS 68
RECENT DEVELOPMENTS 69
IBM INTRODUCES DIGITAL NEUROSYNAPTIC CORE 69
INTEL REVEALS NEUROMORPHIC CHIP DESIGN 70
PANASONIC DEVELOPS LOW ENERGY CONSUMPTION CIRCUIT FOR NEURAL
NETWORK SYSTEMS 70
NEUROCOMPUTER PROGRAMMING SOFTWARE ECOSYSTEM 70
MEMRISTORS TO BOOST IMAGE PROCESSING 71
APPLICATIONS 71
MARKET PROJECTIONS 71
TABLE 8 PROJECTED MARKET FOR MEMRISTOR NEUROMORPHIC CHIPS, THROUGH
2023 ($ MILLIONS) 72

CHAPTER 8 OTHER APPLICATIONS 74

SUMMARY 74
TABLE 9 PROJECTED MARKET FOR MEMRISTORS IN OTHER APPLICATIONS,
THROUGH 2023 ($ MILLIONS) 74
FIGURE 5 OTHER MARKETS FOR MEMRISTORS, 2023 (%) 74
SIGNAL PROCESSING 75
MEMRISTOR APPLICATIONS 76
RECENT DEVELOPMENTS 76
MARKET PROJECTIONS 77
TABLE 10 PROJECTED MARKET FOR MEMRISTORS IN SIGNAL PROCESSING
APPLICATIONS, THROUGH 2023 ($ MILLIONS) 77
RADIO FREQUENCY IDENTIFICATION TRANSPONDERS 77
MEMRISTOR APPLICATIONS 78
MARKET PROJECTIONS 78
TABLE 11 PROJECTED MARKET FOR MEMRISTORS IN RFID APPLICATIONS,
THROUGH 2023 ($ MILLIONS) 78
SENSORS 79
MEMRISTOR APPLICATIONS 79
MARKET PROJECTIONS 79
TABLE 12 PROJECTED MARKET FOR MEMRISTORS IN SENSING APPLICATIONS,
THROUGH 2023 ($ MILLIONS) 80
CONTROLS 80
APPLICATIONS 80
MARKET PROJECTIONS 80
TABLE 13 PROJECTED MARKET FOR MEMRISTORS IN INDUSTRIAL PROCESS
CONTROL, THROUGH 2023 ($ MILLIONS) 81

CHAPTER 9 OTHER TYPES OF CIRCUIT ELEMENTS WITH MEMORY 83

SUMMARY 83
TECHNOLOGY 83
CURRENT RESEARCH AND COMMERCIALIZATION PROSPECTS 84
Potential Applications 84

CHAPTER 10 APPENDIX A COMPANIES, ACADEMIC AND GOVERNMENT

LABORATORIES DEVELOPING MEMRISTORS, MEMCAPACITORS, AND MEMINDUCTORS 86
BRAIN CORP. 86
CROSSBAR, INC. 87
ELPIDA MEMORY, INC. 87
FUJITSU LTD. 88
FUSION-IO 88
HEWLETT-PACKARD CO 88
HGST, INC. 89
HRL LABORATORIES LLC 89
SK HYNIX INC. 90
KNOWM TECHNOLOGY LLC 90
MICRON TECHNOLOGY 90
MICROSEMI CORP. 91
MICROXACT, INC. 91
PANASONIC CORP. 91
QUALCOMM INC. 92
RAMBUS INC. 92
REINCLOUD 92
SAMSUNG ELECTRONICS CO., LTD. 93
SANDISK CORP. 93
SEAGATE TECHNOLOGY LLC 93
TOSHIBA 94
UNITY SEMICONDUCTOR 94

CHAPTER 11 APPENDIX B PATENTS 96

PATENT AND PATENT APPLICATION SUMMARIES 96
TABLE 14 U.S. PATENTS RELATED TO MEMRISTORS, MEMCAPACITORS AND
MEMINDUCTORS 96
TRENDS OVER TIME 133
FIGURE 6 TREND IN NUMBER OF MEMRISTOR-RELATED PATENTS ISSUED
ANNUALLY, 2010-2013 (NUMBER OF PATENTS ISSUED EACH YEAR) 133
DEVICE TYPES 134
FIGURE 7 PERCENTAGE OF PATENTS AND PATENT APPLICATIONS THAT ALSO
REFER TO MEMCAPACITORS AND/OR MEMINDUCTORS (%/NUMBER OF PATENTS
AND PATENT APPLICATIONS)
134
USES 135
FIGURE 8 PATENTS AND PATENT APPLICATIONS BY TYPE OF USE (%) 135
INVENTORS AND ASSIGNEES 137
TYPE OF ENTITY 137
FIGURE 9 PATENTS AND PATENT APPLICATIONS BY TYPE OF ASSIGNEE OR
INVENTOR) (%) 138
NATIONALITY 139
TABLE 15 PATENT AND PATENT APPLICATIONS BY NATIONALITY OF ASSIGNEE OR
INVENTOR 139
SIZE OF IP PORTFOLIO 140
TABLE 16 PATENT AND PATENT APPLICATIONS BY ASSIGNEE 140

LIST OF TABLES

SUMMARY TABLE GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY TYPE
OF APPLICATION, THROUGH 2023 ($ MILLIONS) 8
TABLE 1 GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY TYPE OF
APPLICATION, THROUGH 2023 ($ MILLIONS) 14
TABLE 2 MATERIALS FOR WITH POTENTIAL RESISTIVE MEMORY APPLICATIONS 48
TABLE 3 COMPANIES THAT ARE DEVELOPING MEMRISTIVE SOLID STATE MEMORY
AND RELATED TECHNOLOGIES 49
TABLE 4 PROJECTED MARKET FOR RRAM, THROUGH 2023 ($ MILLIONS) 56
TABLE 5 PROJECTED MARKET FOR MEMRISTOR PIM CHIPS, THROUGH 2023 ($
MILLIONS) 63
TABLE 6 PROJECTED MARKET FOR HYBRID MEMRISTOR-BASED FPGAS, THROUGH
2023 ($ MILLIONS) 64
TABLE 7 PROJECTED MARKET FOR MEMRISTOR PIM CHIPS, THROUGH 2023 ($
MILLIONS) 65
TABLE 8 PROJECTED MARKET FOR MEMRISTOR NEUROMORPHIC CHIPS, THROUGH
2023 ($ MILLIONS) 72
TABLE 9 PROJECTED MARKET FOR MEMRISTORS IN OTHER APPLICATIONS, THROUGH
2023 ($ MILLIONS) 74
TABLE 10 PROJECTED MARKET FOR MEMRISTORS IN SIGNAL PROCESSING
APPLICATIONS, THROUGH 2023 ($ MILLIONS) 77
TABLE 11 PROJECTED MARKET FOR MEMRISTORS IN RFID APPLICATIONS, THROUGH
2023 ($ MILLIONS) 78
TABLE 12 PROJECTED MARKET FOR MEMRISTORS IN SENSING APPLICATIONS,
THROUGH 2023 ($ MILLIONS) 80
TABLE 13 PROJECTED MARKET FOR MEMRISTORS IN INDUSTRIAL PROCESS
CONTROL, THROUGH 2023 ($ MILLIONS) 81
TABLE 14 U.S. PATENTS RELATED TO MEMRISTORS, MEMCAPACITORS AND
MEMINDUCTORS 96
TABLE 15 PATENT AND PATENT APPLICATIONS BY NATIONALITY OF ASSIGNEE OR
INVENTOR 139
TABLE 16 PATENT AND PATENT APPLICATIONS BY ASSIGNEE 140

LIST OF FIGURES

SUMMARY FIGURE GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY BY TYPE
OF APPLICATION, 2012-2023 ($ MILLIONS) 8
FIGURE 1 GLOBAL MARKET FOR CIRCUIT ELEMENTS WITH MEMORY, 2013-2023 ($
MILLIONS) 13
FIGURE 2 CIRCUIT ELEMENTS WITH MEMORY MARKET SHARES BY APPLICATION,
2013 (%) 14
FIGURE 3 PROJECTED MARKET FOR MEMRISTIVE RRAM, 2012-2023 ($ MILLIONS) 36
FIGURE 4 PROJECTED SALES OF EMERGING AND OTHER NEW NVM TECHNOLOGIES,
2013-2023 ($ MILLIONS) 55
FIGURE 5 OTHER MARKETS FOR MEMRISTORS, 2023 (%) 74
FIGURE 6 TREND IN NUMBER OF MEMRISTOR-RELATED PATENTS ISSUED ANNUALLY,
2010-2013 (NUMBER OF PATENTS ISSUED EACH YEAR) 133
FIGURE 7 PERCENTAGE OF PATENTS AND PATENT APPLICATIONS THAT ALSO REFER
TO MEMCAPACITORS AND/OR MEMINDUCTORS (%/NUMBER OF PATENTS AND
PATENT APPLICATIONS)
134
FIGURE 8 PATENTS AND PATENT APPLICATIONS BY TYPE OF USE (%) 135
FIGURE 9 PATENTS AND PATENT APPLICATIONS BY TYPE OF ASSIGNEE OR INVENTOR)
(%) 138

Read the full report:
Global Markets for Circuit Elements with Memory: Memresistors, Memcapacitors, Meminductors

https://www.reportbuyer.com/product/2009164/Global-Markets-for-Circuit-Elements-with-Memory-Memresistors-Memcapacitors-Meminductors.html

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