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Standard Logic Devices Market - Rising Demand for Automated Driving Boosts Market Growth

06-06-2018 07:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Rising demand for automobiles that sport automated driving support systems, along with the growing demand for electrical equipment in automobiles, will further propel the growth of the standard logic devices market. In addition to this value creation by integrating sensors, the rising use of actuators and artificial intelligence (AI) in various industries is promoting the growth of the standard logic devices market.

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Furthermore, in the coming years, the market for gate type IC is expected to experience faster growth. This is due to the rising adoption of high and ultra-high-level-integration integrated circuits in the smartphones and gaming industries. This ongoing trend is expected to boost the standard logic devices market over the coming years.

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as these industries have been boosted by the presence of a solid consumer demographic in urban centers. Rising demands as per smartphone performance are thus likely to remain a key driver for the global standard logic devices market in the coming years.

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The standard logic devices market also faces certain drawbacks. A major factor restraining the growth of this market is the inability of fixed logic devices to be programmed again. Standard logic devices work on fixed programs, with which the logic device is configured at the time of designing/manufacture.

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