Intel Corporation, Texas Instruments, Xilinx are Profiled in Field Programmable Gate Array Market Outlook to 2022
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Key industry players involved and promoting the growth of the global Field Programmable Gate Array market are as follows:
• Achronix Semiconductor Corporation
• AvComm (Aeroflex) now part of VIAVI Solutions
• Atmel Corporation
• Cypress Semiconductor Corporation
• Intel Corporation
• Lattice Semiconductor
• Microsemi Corporation
• Texas Instruments
Surging use of these products in the healthcare sector for medical imaging equipment is expected to drive FPGA market size. Growth in this sector can be credited to requirement of high-performance computing capabilities. The automotive industry is projected to be a key contributor for due to rising usage of electronic content in rear-view cameras, driver assistance, infotainment, as well as in electric vehicles.
Rapid technological advancements are expected to widen application avenues. Rising prominence and adoption of technologies such as 3G and LTE in the telecommunications segment is likely to increase the demand for wider bandwidth. For instance, Altera Corp. developed an Field Programmable Gate Array that integrates 11.3 Gbps transceiver to achieve high-speed bandwidth needs for MAC, next-generation framer, bridging, and switching applications for 100 GbE. Furthermore, rising service providers focus on increasing operational efficiency, reducing costs associated with network deployments, reduction in energy-related expenses, and increasing utilization of clean energy sources is predicted to drive FPGA market growth.
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Key insights from the report include:
• Consumer electronics application was responsible for revenue of USD 650 million in 2014 and is predicted to grow at 8.9% CAGR from 2015 to 2022. Rising prominence of smart devices such as mobile phones, tablets and MP3 players are the major growth drivers.
• Telecom sector is anticipated to witness substantial growth prospects owing to high flexibility. The segment is estimated to grow at 9% CAGR to account for over 34% of the FPGA market share by 2022.
• Asia Pacific FPGA market was valued at over USD 2 billion in 2014. Growth in the region can be attributed to rising application in numerous sectors such as consumer electronics, industrial and automotive across India, Japan, China, and South Korea.
• Europe is projected to grow at 7.7% CAGR over the forecast timeline. Favorable regulatory landscape for road safety is likely to drive regional demand.
Design complexity issues such as functional, electrical and marginal are predicted to hamper industry demand. However, escalating application of these products in various devices such as camera, electronic toys & games, portable navigators and 3D eyewear, 3D glasses, smart immersive 3DTV and 3D head mount visor is expected to offer massive growth potential over the next seven years.
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Key participants accounting for Field Programmable Gate Array market share include Xilinx, Intel Corporation, Achronix Semiconductor, Atmel, and Cypress Semiconductor. Other prominent players are Lattice Semiconductor, Texas Instruments, & Microsemi. Industry participants focus on technology advancements as well as new product development which describes the FPGA market scenario. For instance, Intel Corp. announced Intel Atom processor Z3700 series in July 2014.
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