Press release
Application-Specific Integrated Circuit (ASIC) Market In 2019 With Intel Corporation, Texas Instruments, STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, Maxim Integrated, Analog Devices
Application-Specific Integrated Circuit
This most brilliant application-specific integrated circuit (ASIC) market research report proves to be an innovative and new solution for the businesses in today’s varying market place. Such global application-specific integrated circuit (ASIC) market research report is attaining high value in this era of globalization which opens the door of global market for the products. With the appropriate utilization of excellent practice models and brilliant method of research, this wonderful market report is generated which supports businesses to unearth the greatest opportunities to prosper in the application-specific integrated circuit (ASIC) market. Commitment, quality, devotion, and transparency are maintained throughout the report to give the best output to the clients.
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Global application-specific integrated circuit (ASIC) is set to witness a healthy CAGR of 9.70% in the forecast period of 2019 to 2026. The growing need for better management of the workforce and increasing application of integrated circuits in IT & Telecommunication is the major factor for the growth of this market.
Market Definition: Global Application-Specific Integrated Circuit (ASIC) Market
Application specific integrated circuits or microchips are designed within an electronics device and are optimal replacement for traditional FPGA (Field-Programmable Gate Array) due to their high performance and low power consumption. ASIC unique features are its compact size; they are lightweight, affordability compared to others. They have high-bandwidth and due to its better battery life it can be used in many applications. They are widely used in industries like telecommunication, automotive, industrial etc.
Key Market Competitors: Few of the major competitors currently working in the global application-specific integrated circuit (ASIC) are Intel Corporation, Texas Instruments Incorporated, STMicroelectronics, Infineon Technologies AG, Renesas Electronics Corporation, Maxim Integrated, Analog Devices, Inc, Semiconductor Components Industries, LLC., NXP Semiconductors, Qualcomm Technologies, Inc.
Market Drivers:
· Rising demand for smartphones and tablets will drive market
· Advancement in technology and development of ASIC
· Affordability of ASIC is also leading to market expansion
· The energy efficient solutions and low cost of implementation are factors driving the market
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Global Application-Specific Integrated Circuit (ASIC) Market Segmentation:
By Type
· Full Custom ASIC
· Semi-Custom ASIC
o Cell Based
o Array Based
· Programmable ASIC
By End Use
· Telecommunication
· Industrial
· Automotive
· Consumer Electronics
· Others
By Geography
· North America
o US
o Canada
o Mexico
· South America
o Brazil
o Argentina
o Rest of South America
· Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Rest of Europe
· Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific
· Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa
Key Developments in the Market:
· In April 2018, Cyient Limited announced that its subsidiary Cyient Europe Ltd has acquired AnSem N.V., so that they can develop smart analog sensors to capture data and analytics solutions to provide actionable insights. This will benefit Cylient in providing efficient customer support and add on wide product portfolio. Such merger and acquisition will enable the expansion of ASIC market in the forecasting future.
· In July 2018, Intel announced its acquisition of eASIC which develops designs for structured ASICs. This acquisition will help the Intel to allow their customers to integrate reprogrammable technology within a Xeon package to improve workflow, enable performance and save power and cost. This acquisition will enable Intel to have a better vertical integration of this technology, and strengthen their position in the market.
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