Automotive Memory Market Size

Q: How big is the automotive memory market?

The automotive memory market is projected to reach USD 8.1 billion by 2031.

Q: What is the CAGR of the automotive memory market during the forecast period?

The market is expected to grow at a CAGR of 6.5% during upcoming years.

Q: Which memory types are commonly used in vehicles?

DRAM, NAND flash, NOR flash, and eMMC are widely used across various vehicle systems.

Q: Which vehicles require the most advanced memory solutions?

Autonomous, electric, and connected vehicles need high-speed, high-capacity memory for smooth operation and safety.

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Automotive Memory Market Size

Code: MTA5209

Publication Date: Jul 2025

How big is the automotive memory market?

According to 绿帽社 internal database and industry insights, the automotive memory market was valued at approximately USD 5.2 billion in 2024 and is projected to reach USD 8.1 billion by 2031. The market is anticipated to grow at a CAGR of 6.5% during the forecast period.

This growth is driven by rising integration of advanced driver-assistance systems (ADAS), autonomous driving technologies, and in-vehicle infotainment. Increased adoption of electric and connected vehicles is accelerating the demand for high-capacity, faster memory solutions to support real-time data processing and storage.

Key Growth Factors of the Automotive Memory Market

Rising demand for data processing in autonomous and semi-autonomous vehicles

Growing adoption of infotainment and telematics systems requiring large memory capacity

Increase in electric vehicle production with connected car platforms

Technological advancements in high-temperature resistant memory modules

Shift toward edge computing for real-time vehicle analytics

OEM partnerships to integrate AI-driven memory management systems

Automotive Memory Market Trends

The market is seeing increasing deployment of high-bandwidth memory for real-time ADAS and LiDAR applications. Automotive-grade NAND and DRAM solutions are being optimized for high endurance and thermal stability. Demand for non-volatile memory for critical safety and firmware storage is growing. There is also a shift toward domain and zonal architectures that consolidate ECUs and require larger unified memory pools.

Emerging Developments in the Automotive Memory Market

Memory manufacturers are launching ASIL-compliant memory modules for safety-critical systems. The rise of software-defined vehicles is boosting the need for flash memory updates over-the-air (OTA). Embedded memory is becoming a key component in integrated SoCs for EV platforms. Companies are exploring MRAM and ReRAM for next-generation automotive applications.

Major Companies in the Automotive Memory Market

Micron Technology Inc.

Samsung Electronics Co., Ltd.

SK hynix Inc.

Western Digital Corporation

Infineon Technologies AG

Kioxia Corporation