Global FRAM Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

4K , 8K , 16K , 32K , 64K , 128K , 256K, and 512K.

By Application;

Metering/Measurement, Enterprise Storage, Automotive, Factory Automation, Medical, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn392999855 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global FRAM Market (USD Million), 2021 - 2031

In the year 2024, the Global FRAM Market was valued at USD 270.56 million. The size of this market is expected to increase to USD 346.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global Ferroelectric Random Access Memory (FRAM) market is poised for substantial growth driven by advancements in semiconductor technology and increasing demand for high-performance non-volatile memory solutions. FRAM stands out in the memory landscape due to its unique characteristics combining the non-volatility of Flash memory with the high-speed read/write capabilities of DRAM (Dynamic Random Access Memory).

FRAM operates by utilizing a ferroelectric material to store data, offering significant advantages over traditional memory technologies. Unlike Flash memory, FRAM does not degrade over time from repeated write operations, making it ideal for applications requiring frequent and rapid data read/write cycles. This reliability and endurance make FRAM particularly suitable for mission-critical systems in sectors such as automotive, industrial automation, and smart grids.

The market for FRAM is expanding as industries increasingly adopt Internet of Things (IoT) devices, wearable technology, and automotive electronics, all of which benefit from the fast-access and low-power characteristics of FRAM. The automotive sector, in particular, relies on FRAM for applications like event data recorders (EDRs), navigation systems, and engine control units (ECUs), where data integrity and responsiveness are paramount. Technological advancements such as higher density FRAM chips and integration with emerging technologies like artificial intelligence (AI) and machine learning (ML) are expected to further fuel market growth. The shift towards more efficient and secure data storage solutions continues to drive innovation in the semiconductor industry, positioning FRAM as a key player in meeting the demands of next-generation computing and connectivity.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global FRAM Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Low Power Consumption

        2. Non-volatile Memory

        3. High Endurance Cycles

        4. Increasing IoT Adoption

      2. Restraints
        1. Higher Cost Compared to DRAM

        2. Limited Storage Capacities

        3. Manufacturing Complexity

        4. Competition from Flash Memory

      3. Opportunities
        1. Growth in Automotive Applications

        2. Demand for Wearable Electronics

        3. Military and Aerospace Applications

        4. Expansion in Consumer Electronics

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global FRAM Market, By Product Type, 2021 - 2031 (USD Million)
      1. 4K
      2. 8K
      3. 16K
      4. 32K
      5. 64K
      6. 128K
      7. 256K
      8. 512K
    2. Global FRAM Market, By Application, 2021 - 2031 (USD Million)
      1. Metering/Measurement
      2. Enterprise Storage
      3. Automotive
      4. Factory Automation
      5. Medical
      6. Others
    3. Global FRAM Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cypress Semiconductor Corporation
      2. Fujitsu Ltd.
      3. Texas Instruments Inc.
      4. Renesas Electronics Corporation
      5. Ferrotec Corporation
      6. Rohm Co., Ltd.
      7. Ramtron International Corporation
      8. Ferro Solutions, Inc.
      9. Fujitsu Microelectronics America, Inc.
      10. Everspin Technologies, Inc.
  7. Analyst Views
  8. Future Outlook of the Market