Programmable Application Specific Integrated Circuit (ASIC) Market Share 2022: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2026

The "Programmable Application Specific Integrated Circuit (ASIC) Market" provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the Market’s growth. The rise in the aviation sector is escalating the growth of the Programmable Application Specific Integrated Circuit (ASIC) Market. Increased adoption of superior technology consisting of synthetic intelligence and system learning, a developing quantity of records and growing utility of records answers through an extensive variety of ends person verticals consisting of banking, economic services, and insurance, authorities and public sector, telecommunications and IT, energy, healthcare and others are the foremost elements as a consequence of the increase of the market.

The Global Programmable Application Specific Integrated Circuit (ASIC) Market Size is Projected to Reach at a CAGR of 8.5% during 2022-2026.

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Market Overview:

- With the increased pace of new product development, declining cost per function of ICs, and their increasing functionality, and shortened product replacement cycles are some of the factors that are positively influencing the growth of the market.
- The growing demand for various telecommunications application such as system-on-chip (SoC) application is expected to boost the revenue of the market in the coming years. Additionally, the growing use of application specific integrated circuits in consumer electronics and in various industrial and automotive application is further expected to drive the market forward.

Key players in the global Programmable Application Specific Integrated Circuit (ASIC) Market covered:

Analog Devices, Inc., Infineon Technologies AG, STMicroelectronics, Texas Instruments Inc., Maxim Integrated, NXP Semiconductors N.V., ON Semiconductor, Renesas Electronics Corporation,

Recent Development:

- March 2018 - Infineon Technologies and SAIC Motor establish power module joint venture SIAPM in China to manufacture power modules for the developing electric vehicle market in China.
- September 2018 - Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, announced a strategic alliance with Alibaba Cloud, a subsidiary of Alibaba Group Holding Inc., that will empower the Internet of Things (IoT) developers to accelerate the growth of Chinas IoT market.

Market Segmentation by Type:

Full-custom Design
Standard-cell Based
Gate-array Based

Market Segmentation by Application:

Automobiles
Laptops
PCs
Smartbands
Smartphones
Smartwatches
Tablets
TVs

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Key Market Trends

Increasing Demand from Consumer Electronics Segment to Drive the Market

- The consumer electronics market constantly demands higher power dissipation, faster speeds, and higher pin counts, along with smaller footprints and lower profiles.
- The miniaturization and integration of semiconductors have given rise to smaller, lighter, and better portable devices, like tablets, smartphones, and the emerging IoT devices.
- Each iteration of the consumer electronics product is becoming smarter, lighter, and more energy-efficient than its predecessors. With this level of technology, consumers are now tending towards more reliable gadgets that could stand minor mishaps, which take place in day-to-day activities.

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Asia-Pacific to Witness High Growth

- The Asia Pacific region is expected to witness the fastest growth in the market owing to the rapidly increasing penetration of smartphones among the population and the increasing demand for energy-efficient devices. Emerging economies such as China, India, and Japan are also driving the market growth due to the increasing penetration of high-tech gadgets, development of automotive electronics, increased requirement of miniaturization, growing digitization, economic development, rapid industrialization, and other factors.
- Moreover, with the presence of major semiconductor companies in this region, such as Infineon technologies and other such companies, along with the presence of major consumer electronics players, such as Samsung Electronics, LG Electronics, is influencing the market growth during the forecast period. The growing demand for consumer electronics will continue to positively impact the demand for programmable ASIC in the Asia-Pacific region.

Table of Contents: Programmable Application Specific Integrated Circuit (ASIC) Market

- Chapter 1: outline of Programmable Application Specific Integrated Circuit (ASIC) marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: marketplace file end

- Chapter 11: research technique and Reference

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