Why FPGA Market are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends || Intel Corporation, Cypress Semiconductor Corporation, Lattice Semiconductor, Microsemi Corporation, Texas Instruments, Xilinx, Atmel Corporation, Altera, Achronix Se

FPGA market forecast report predicts that Europe will also emerge as a major contributor to FPGA business growth. The region is looking forward to enhancing productivity and manufacturing process by implementing Industry 4.0 technology. Europe also houses several automotive companies, which will also turn out to be a significant growth factor for field programmable gate array market.

Many FPGA market players have been endeavoring to expand their product range for data center and network segment. Customized bandwidth and low latency connection delivered by FPGA makes it apt for integrating with networks. Field programmable gate array industry share will gain massive profits from data center segment owing to the flexible acceleration for storage systems and highly efficient servers.

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High density, reprogrammable, and parallel task performance are some of the features driving FPGA market growth. The technology helps to reduce cost by eliminating the need to replace or redesign new hardware. It offers better performance and has found application in several sectors, which is likely to influence FPGA market outlook.

Innovations in automotive sector have been increasing the need for security solutions instead of mitigating associated security threats. Integrated security solutions with FPGA are able to offer security at design, intel, and hardware levels. Manufacturers and OEMs are installing FPGA devices in vehicles to design reliable security system, including collision avoidance systems, Advanced Driver Assistance Systems (ADAS), and adaptive cruise control. FPGA technology is preferred over ASIC because it requires less modification for system upgrades. FPGAs are reprogrammable which eases modification in automotive sector and pumps up FPGA market share.

China houses several renowned automotive and consumer electronics companies, which offers opportunities for field programmable gate array industry growth. Companies such as Samsung, Alibaba, Xinhua, etc., are spending highly on the implementation of AI, which will increase product demand considerably. For example, in February 2019, Xinhua unveiled the first AI news anchor of the world. Also, in July 2017, China introduced the "New Generation Artificial Intelligence Development Plan" to expand AI sector with an investment of around $150 billion by 2030. It has 8 key applications, including smart cars and service robots under its target. These applications include usage of chips, such as FPGA, GPU, CPU, and ASIC.

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Some of the leading companies present in FPGA market include Xilinx, Intel Corporation, Achronix Semiconductor Corp., Cypress Semiconductor, Altera Corporation, Microsemi Corporation, Aeroflex, Inc., and Texas Instruments. Many companies are launching innovative products to expand their customer base. For example, in April 2019, Intel Corporation unveiled its new Agilex FPGA to answer the demand of data-centric businesses. Also, the company has been intending to strengthen its product range for network and data center markets.

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