Application Specific Integrated Circuit (ASIC) Market is expected to grow at a CAGR of 7.8% over the period of 2019-2023

Application Specific Integrated Circuit (ASIC) Market studies an integrated circuit made for a specific user or a particular electronic system. Application-specific standard products (ASSPs) are intermediate between ASICs and industry standard integrated circuits like the 7400 series or the 4000 series.

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This report focuses on the Application Specific Integrated Circuit (ASIC) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The versatility and mass production of digital integrated circuits have greatly reduced the cost of electronic products, and promoted the popularization of computer communication and electronic products. At the same time, it also created the contradiction between general and special, and the disconnection between system design and circuit production.

At the same time, the larger the size of the integrated circuit, the more difficult it is to change the specific requirements when setting up the system. In order to solve these problems, an application-specific integrated circuit featuring user participation in the design has emerged, which can realize optimal design of the whole system, superior performance and strong confidentiality.

Global Application Specific Integrated Circuit (ASIC) Market is spread across 115 pages, profiling 11 top companies and supported with tables and figures.

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Application Specific Integrated Circuit (ASIC) Industry Segment by Manufacturers:
• Texas Instruments
• Infineon Technologies
• STMicroelectronics
• Renesas Electronics
• Analog Devices
• Maxim Integrated Products
• NXP Semiconductors
• ON Semiconductor
• Qualcomm
• Linear Technology Corporation
• Intel Corporation

The ASIC can integrate the functions of several, dozens, or even hundreds of general-purpose small and medium-sized integrated circuits that respectively undertake some functions on one chip, thereby integrating the entire system on one chip to realize the system needs.

It optimizes the circuit of the whole machine, reduces the number of components, shortens the wiring, reduces the volume and weight, and improves the system reliability. The product features strong function and variety; but the batch size is small, the design cycle is long, and the process production and testing difficulty increases, so the cost is high.

The worldwide market for Application Specific Integrated Circuit (ASIC) is expected to grow at a CAGR of roughly 7.8% over the next five years, will reach 27000 million US$ in 2023, from 17200 million US$ in 2017, according to a new study.

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Market Segment by Types can be divided into:
• Full Custom Design ASIC
• Semi-custom Design ASIC (Standard Cell Based ASIC and Gate Array Based ASIC)
• Programmable ASIC

Market Segment by Applications can be divided into:
• Telecommunication
• Industrial
• Automotive
• Consumer Electronics

Market Segment by Regions, regional analysis covers:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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