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Showing posts from January, 2022

Magneto Resistive RAM (MRAM) Market Share Size, Growth, Industry Trends and Forecast 2028

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According to the latest report by IMARC Group, titled  “ Magneto Resistive RAM (MRAM) Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, ” offers a comprehensive analysis of the industry, which comprises insights on the  magneto resistive RAM (MRAM) market report . The global magneto resistive RAM (MRAM) market size reached US$ 427.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,525 Million by 2028, exhibiting a growth rate (CAGR) of 44.5% during 2023-2028. Magneto resistive random access memory (MRAM), also called magnetic RAM, represents a non-volatile memory that utilizes magnetic charges to store information. Some of the commonly available variants are spin-transfer torque and toggle MRAM. They use a magnetic tunnel junction (MTJ) that consists of two magnetic layers divided via a dielectric or insulation layer. It is a high-density RAM and involves a capacitor and a transistor. As compared to the traditiona

LED Driver Market Report 2022: Overview, Share, Growth, Analysis and Future Scope 2027

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According to the latest report by IMARC Group, titled  “ LED Driver Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 , ” the market expected to grow at a CAGR of XX% during 2022-2027. A light-emitting diode (LED) driver refers to a self-contained electrical device incorporated in an LED circuit to provide constant voltage or current. The major components of an LED driver are resistor, electrolytic capacitor, polarized capacitor, bridge rectifier, Zener diode, etc. An LED driver is commonly used for lighting and decoration purposes in both residential and commercial establishments. They are compact, lightweight, cost-effective, energy-efficient, and easy to install. As a result, LED drivers are also utilized as indicators in cars, motorcycles, and other vehicles. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers global