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Field Programmable Gate Array Market - 2026: Global Opportunity Analysis and Industry Forecast

02-20-2020 12:06 PM CET | Media & Telecommunications

Press release from: Allied Market Research

FPGA

FPGA

FPGA is flexible, involves reduced development time, and requires low on non-recurrent engineering (NRE) cost. These factors boost the market growth. There is a great potential for reduction of cost and development of security level using the field programmable gate array, which is expected to provide lucrative opportunity to the market. However, these arrays are slower than application specific integrated circuits (ASIC) or other equivalent ICs as well as expensive. The design process is complex, which limits the market growth.

The global field programmable gate array market was valued at $4,630 million in 2016, and is projected to reach at $8,046 million by 2023, growing at a CAGR of 7.9% from 2017 to 2023.

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Asia-Pacific dominates this market presently, followed by North America. In 2016, China dominated the market in Asia-Pacific; similarly, the Rest of Europe excluding UK, Germany, France, and Russia led the overall market in the European region. The U.S. is dominating the market in North America presently.

In 2016, the high end FPGA segment dominates the global field programmable gate array (FPGA) in type segment, in terms of revenue. However, based on technology, SRAM leads the global market followed, by antifuse in 2016.

Telecom leads the FPGA market by application in 2016. However, passenger vehicle is anticipated to depict highest CAGR throughout the forecast period.

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The key players profiled in the report include Achronix Semiconductor Corporation, Cobham PLC, Intel Corporation, Taiwan Semiconductor Manufacturing Company Limited (TSMC), United Microelectronics Corporation (UMC), Cypress Semiconductors Corporation, Lattice Semiconductor, Microsemi Corporation, QuickLogic Corporation, and Xilinx Inc.

Related Reports:
Programmable Automation Controllers Market:
https://www.alliedmarketresearch.com/programmable-automation-controllers-market

Monolithic Microwave IC Market:
https://www.alliedmarketresearch.com/monolithic-microwave-ic-market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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