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Field Programmable Gate Array Market Size 2022-27 Share, Report, Growth, Trends, Industry Analysis and Forecast - IMARC Group
According to the latest report by IMARC Group, titled "Global Field Programmable Gate Array Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global field programmable gate array (FPGA) market reached a value of US$ 10.28 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 18.3 Billion by 2027 exhibiting a CAGR of 9.30% during 2022-2027.Field programmable gate arrays (FPGAs) are semiconductor devices built around a matrix of configurable logic blocks (CLBs) linked via programmable interconnects. They are digital integrated circuits that can be programmed in the field after manufacturing, making them more flexible than application-specific integrated circuits (ASIC). FPGAs consist of memory blocks, programmable input/output, reprogrammable elements, processor core, and hardened blocks. FPGAs offer advantages, such as the ability to be programmed and re-programmed in case of upgradation, which reduces the cost of buying a new machine with the change in the process. It also allows users to customize chips with programmable logic elements arranged in different configurations.
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Field Programmable Gate Array Market Trends and Drivers:
The field programmable gate array market is primarily driven by the significant growth of the aerospace industry, which makes use of FPGA devices in aircraft navigation, image processing, partial reconfiguration, and waveform generation.
In addition to this, the FPGAs find application in security, network processing, and deep packet inspection due to their high compute density and low power consumption. Besides this, the rising demand for an autonomous driving experience that relies on advanced sensors and domain controllers equipped with AI is escalating the demand for FPGAs.
Furthermore, technological advancements, such as the integration of FPGA with medical imaging equipment for diagnostics, monitoring, and therapy, are anticipated to fuel market growth in the upcoming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Field Programmable Gate Array Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Achronix Semiconductor, Cypress Semiconductor Corporation (Infineon Technologies AG), Efinix Inc., EnSilica Limited, Flex Logix Technologies Inc., Gidel Inc., Intel Corporation, Lattice Semiconductor Corporation, Microsemi Corporation (Microchip Technology Inc.), Quicklogic Corporation, Taiwan Semiconductor Manufacturing Company and Xilinx Inc.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/field-programmable-gate-array-market
The report has segmented the market on the basis of region, architecture, configuration and end use industry.
Breakup by Architecture:
• SRAM-Based FPGA
• Anti-Fuse Based FPGA
• Flash-Based FPGA
Breakup by Configuration:
• Low-range FPGA
• Mid-range FPGA
• High-range FPGA
Breakup by End Use Industry:
• IT and Telecommunication
• Consumer Electronics
• Automotive
• Industrial
• Military and Aerospace
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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