Field Programmable Gate Array Market Growth Analysis to 2022 With Key Players Achronix Semiconductor Corporation, AvComm, Altera, Atmel Corporation, Cypress Semiconductor Corporation, Lattice Semiconductor, Microsemi Corporation, Texas Instruments, Xilinx

Field programmable gate array market is slated to generate noticeable revenue across the globe, owing to the growing usage of the integrated control systems (ICs) across various application areas such as industrial, automotive, and consumer electronics. As per the report by Global Market Insights, Inc., “Worldwide field programmable gate array market was worth USD 5.27 billion in 2014 and will increase at an annual growth rate of 8.4% over the coming years of 2015 to 2022.” Extensive usage of FPGAs in video processing, flat panel display, battery management, operating mode, and video board to improve the bandwidth quality, coupled with huge investments in technological development activities will also stimulate FPGA industry size.

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Competitive Trends: -

Key industry players profiled in the report includes Microsemi Corporation, Aeroflex Incorporation, Lattice Semiconductor, Achronix, Cypress Semiconductor, Xilinx Incorporation, Achronix Semiconductor Corporation, Atmel Corporation, Tabula, Altera Corporation, Intel Corporation, Texas Instruments and QuickLogic and Xilinx.

Based on the application trends, field programmable gate array market is primarily segmented into automotive, telecom, data processing, consumer electronics, industrial, and military & aerospace. Off late, the deployment of integrated control systems (ICs) in the vehicles has increased considerably. This, in turn, will boost FPGA market size in the automotive applications, which will register an annual growth rate of more than 8.5% over the coming years of 2015 to 2022. Additionally, shifting consumer trends toward hybrid and electronic vehicles and the growing consciousness regarding environmental pollution among the global population will favorably influence field programmable gate array industry size.

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The telecom application covered over 33% of the total market share in 2014 and is predicted to dominate the industry size over the coming five years. Increased product utilization in telecommunication networks (upgradation from 3G technology to LTE) is projected to impact the telecom application revenue share positively over the coming five years. The consumer electronics application segment will favor overall market growth, owing to the growing adoption of the electronic devices such as tablets, smartphones, and mobiles across the globe.

Asia Pacific field programmable gate array market size is projected to get doubled by 2022

Considering North America field programmable gate array industry, U.S covered more than 25% of the regional market share in 2014 and will grow at a noticeable growth rate over the period of 2015 to 2022. U.S. is investing heavily in the aerospace and military applications, which will stimulate the demand for FPGAs across this region. In addition, escalating developments across the telecom industry will also fuel the requirement for FPGAs in the United States, driving the regional growth.

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Asia Pacific field programmable gate array market was worth about 2.1 billion in 2014 and is expected to generate a revenue of more than USD 4.2 billion by 2022, owing to the growing product demand across the expanding automotive and consumer electronics sector. India, Taiwan, China, South Korea, and Japan will be the major regional revenue contributors.

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Link: - https://www.gminsights.com/industry-analysis/semiconductor-memory-market

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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