Field Programmable Gate Array Market By Regional Statistics & Growth Forecast 2022
Telecomm sector contributed greater than 33% of the total field programmable gate array market share for 2014 and is predicted to maintain its domination in future. Heavy demand of bandwidth for video applications and growing use in base stations for 3G network to LTE network up gradation are few of the factors credited for sector growth.
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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 (FPGA) field programmable gate array market size.
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 FPGA 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 field programmable gate array market 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.
Europe field programmable gate array market is projected to grow at 7.7% CAGR over the forecast timeline. Favorable regulatory landscape for road safety is likely to drive regional demand. Asia Pacific field programmable gate array 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.
Table of Contents:
Chapter 4 Field Programmable Gate Array Market Application Insights
4.1 Global market share by application, 2014 & 2022
4.2.1. Global demand in automotive, by region, (USD Million), 2012 - 2022
4.3 Consumer Electronics
4.3.1. Global demand in consumer electronics, by region, (USD Million), 2012 - 2022
4.4 Data Processing4.4.1. Global demand in data processing, by region, (USD Million), 2012 - 2022
4.5.1. Global demand in industrial applications, by region, (USD Million), 2012 - 2022
4.6 Military and Aerospace
4.6.1. Global demand in military and aerospace, by region, (USD Million), 2012 - 2022
4.7.1. Global demand in telecommunication, by region, (USD Million), 2012 - 2022
4.8.1. Global demand in other applications, by region, (USD Million), 2012 – 2022
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