Press release
Global Application-Specific Integrated Circuits (ASIC) Market to Reach USD 27.21 Billion by 2030, Growing at a CAGR of 6.9%
The global Application-Specific Integrated Circuits (ASIC) Market was valued at USD 19.7 billion in 2023 and is projected to grow at a robust CAGR of 12.1% from 2024 to 2030, reaching nearly USD 44.7 billion by 2030. Increasing demand for high-performance electronic devices, advancements in semiconductor technology, and the growing need for customized integrated circuits in various industries are driving the market's rapid expansion.๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐ง๐ ๐๐จ๐ ๐๐๐ฏ๐ข๐๐๐ฌ : The rapid growth of the Internet of Things (IoT) and demand for consumer electronics such as smartphones, wearables, and gaming devices are fueling the demand for ASICs.
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง : The integration of artificial intelligence (AI) and machine learning (ML) into industries like automotive, healthcare, and telecommunications is boosting the need for high-performance ASICs designed for specific tasks.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ : As semiconductor technology advances, ASICs are becoming more power-efficient, compact, and customizable, meeting the evolving needs of different applications.
๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US dominates the global ASIC market due to the presence of major players like Intel, NVIDIA, and Qualcomm, and strong demand from end-use industries including telecommunications, automotive, and aerospace. The increasing adoption of 5G networks, AI-based applications, and the growing semiconductor sector in the country are contributing to the market's growth. Intel Corporation's acquisition of Tower Semiconductor in 2023 is expected to significantly boost its ASIC product portfolio, expanding its capabilities in custom chip manufacturing for advanced technologies.
๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
In Vietnam, the ASIC market is seeing substantial growth driven by the country's expanding semiconductor manufacturing sector. Vietnam's strategic location in Southeast Asia, coupled with growing foreign investments in electronics and semiconductor industries, is contributing to the demand for custom ASIC solutions. Vingroup and FPT Software are investing heavily in semiconductor manufacturing and IT solutions, creating new opportunities for ASIC providers. The Vietnamese government is also offering incentives to attract more investments in high-tech industries, further fueling the growth of the ASIC market in the region.
๐๐จ๐จ๐ค๐ข๐ง๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ง๐จ๐ฐ : https://www.maximizemarketresearch.com/request-sample/16493/
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ข ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐จ๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ
In Thailand, there is growing interest in ASICs, particularly in the automotive and IoT sectors. The country's automotive industry is transitioning toward more electric and autonomous vehicles, creating a need for specialized ASIC solutions for battery management systems, sensors, and advanced driver-assistance systems (ADAS). Companies like Thai Microelectronics and Silicon Craft Technology are leading the charge in designing and manufacturing custom ASIC solutions for these applications. With government incentives for green technologies and digital transformation, the Thai ASIC market is poised for robust growth.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐๐ง๐๐ฌ๐ ๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐ ๐๐ง๐ ๐๐จ๐๐จ๐ญ๐ข๐๐ฌ
Japan's ASIC market is undergoing consolidation as major players such as Sony Semiconductor Solutions and Renesas Electronics continue to expand their portfolios with advanced AI and robotics applications. The Japanese market is heavily driven by the automotive, robotics, and electronics industries, where the need for highly efficient, customized integrated circuits is on the rise. The integration of AI technologies into consumer electronics and industrial automation is driving demand for specialized ASIC chips. Japan's commitment to leading in industrial automation and robotics is expected to continue to boost the demand for ASIC solutions in the coming years.
๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฒ ๐ข๐ง ๐๐๐ฆ๐ข๐๐จ๐ง๐๐ฎ๐๐ญ๐จ๐ซ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง
South Korea is a key player in the global ASIC market, with major semiconductor companies such as Samsung Electronics and SK hynix dominating the landscape. The country is investing heavily in developing next-generation semiconductor technologies, including ASICs for AI, 5G, and high-performance computing (HPC) applications. Samsung's recent move to develop more customized ASIC solutions for AI and 5G applications is expected to increase its market share in the global ASIC space. South Korea's strong focus on innovation in electronics and telecommunications will continue to drive the demand for specialized ASIC solutions.
๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐ ๐จ๐๐ฎ๐ฌ ๐จ๐ง ๐๐ ๐๐ง๐ ๐๐จ๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
In Singapore, the ASIC market is growing rapidly as the country advances its 5G network infrastructure and IoT ecosystem. The demand for customized ASIC solutions is increasing, particularly for applications in telecommunications, smart cities, and healthcare. Companies like STMicroelectronics and Broadcom are leading the charge in Singapore, developing cutting-edge ASIC chips for 5G base stations, IoT devices, and smart grids. Singapore's role as a regional hub for semiconductor manufacturing and its commitment to becoming a leader in 5G technology are expected to create new opportunities for ASIC providers in the region.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ซ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง
Europe's ASIC market is witnessing growing demand for custom solutions, particularly in the automotive, industrial automation, and telecommunications sectors. The shift toward electric vehicles (EVs), autonomous driving technologies, and Industry 4.0 applications are driving the need for high-performance, power-efficient ASICs. Companies like NXP Semiconductors and Infineon Technologies are at the forefront of developing specialized ASIC chips for these applications. As European countries adopt stricter environmental regulations and move towards digitalization, the demand for tailored ASIC solutions is expected to rise significantly.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ : In 2023, Intel Corporation acquired Tower Semiconductor, enhancing its ASIC manufacturing capabilities for next-generation AI and 5G applications.
๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ : Vingroup announced a major investment in semiconductor research and manufacturing in 2023, which is expected to fuel the growth of the ASIC market in Vietnam.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง : Renesas Electronics launched an advanced AI-optimized ASIC in Japan in 2023, aimed at improving industrial automation and robotics applications.
๐๐๐ฐ ๐๐๐๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐ : Samsung Electronics unveiled its next-generation ASIC for AI applications in 2023, boosting its position in the global semiconductor market.
๐๐๐๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ : STMicroelectronics announced a partnership with Broadcom in 2023 to develop specialized ASIC chips for 5G and IoT applications in Singapore.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/16493/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐๐ ๐๐ข๐ซ๐๐ฎ๐ข๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ฒ๐ฉ๐
Full Custom ASIC
Semi-custom ASIC
Cell-based
Array-based
Programmable ASIC
Field-Programmable Gate Array (FPGA)
Programmable Logic Device (PLD)
According to Type, the Application Specific Integrated Circuits Market was dominated by Full Custom ASICs in 2023 and is anticipated to remain so during the forecast period. It is a highly customized product that is painstakingly made for extremely specialized uses. It is frequently found in the automobile, healthcare, and aerospace and defense industries where accuracy and performance are critical. Semi-custom ASICs are a rapidly expanding segment of the specialized integrated circuits market because they balance cost-effectiveness and customization, making them flexible options for applications in data centers, telecommunications, and consumer electronics where customized solutions satisfy wider market demands.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Consumer Electronics
Automotive
Industrial
Telecommunications
Others
The market for application-specific integrated circuits was dominated by consumer electronics. It is a notable industry where ASICs are essential to enabling the sophisticated features of wearables, game consoles, tablets, and smartphones. With uses ranging from power management to safety-critical tasks, ASICs are essential for advanced driver-assistance systems (ADAS), infotainment systems, and electric vehicles in the automotive sector.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-application-specific-integrated-circuits-market-asic/16493/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐๐ ๐๐ข๐ซ๐๐ฎ๐ข๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ :
1. Analog Devices, Inc. (Norwood, Massachusetts, USA)
2. Cypress Semiconductor Corporation (San Jose, California, USA)
3. eSilicon (San Jose, California, USA)
4. GlobalFoundries (Santa Clara, California, USA)
5. IBM Microelectronics (Armonk, New York)
6. Infineon Technologies AG (Neubiberg , Germany)
7. Intel Corporation (Santa Clara, California, USA)
8. Lattice Semiconductor (Hillsboro, Oregon, USA)
9. Linear Technology Corporation (U.S.)
10. Marvell Technology Group Ltd. (Santa Clara, CA)
11. Maxim Integrated Products, Inc. (San Jose, California, USA)
12. Microchip Technology Inc. (Chandler, Arizona, USA)
13. Microsemi Corporation (Aliso Viejo, California, USA)
14. NVIDIA Corporation (Santa Clara, California, USA)
15. NXP Semiconductors (Eindhoven, Netherlands)
16. ON Semiconductor (Phoenix, Arizona, USA)
17. Qualcomm, Inc. (San Diego, California)
18. Renesas Electronics Corporation (Tokyo, Japan)
19. Samsung Electronics Co., Ltd. (Seoul, South Korea)
20. Silicon Labs (Austin, Texas, USA)
21. STMicroelectronics (Geneva, Switzerland)
22. Texas Instruments Incorporated (Dallas, Texas, USA)
23. Toshiba Corporation (Tokyo, Japan)
24. Tower Semiconductor (Migdal Haemek, Israel)
25. UMC (Hsinchu, Taiwan)
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐๐ ๐๐ข๐ซ๐๐ฎ๐ข๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ :
What is Application Specific Integrated Circuits ?
What is the growth rate of the Application Specific Integrated Circuits Market?
Which are the factors expected to drive the Application Specific Integrated Circuits market growth?
What is the CAGR at which the Application Specific Integrated Circuits market will grow during the forecast period?
What are the different segments of the Application Specific Integrated Circuits Market?
Which is the fastest growing region in the Application Specific Integrated Circuits market?
What growth strategies are the players considering to increase their presence in Application Specific Integrated Circuits ?
What are the upcoming opportunities and trends for the Application Specific Integrated Circuits Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Application Specific Integrated Circuits Market?
Who are the leading companies and what are their portfolios in Application Specific Integrated Circuits Market?
What segments are covered in the Application Specific Integrated Circuits Market?
Who are the key players in the Application Specific Integrated Circuits market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/16493/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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ASIC And FPGA Market Size Analysis by Application, Type, and Region: Forecast to โฆ
USA, New Jersey- According to Market Research Intellect, the global ASIC And FPGA market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The ASIC (Application-Specific Integrated Circuit) and FPGA (Field-Programmable Gate Array) market is projected to witness significant growth driven by the increasing need for customizedโฆ
ASIC Chip Market Growth in Future Scope 2025-2032
Global ASIC Chip Market size was valued at USD 22.40 billion in 2023 and is poised to grow from USD 24.64 billion in 2024 to USD 52.82 billion by 2032, growing at a CAGR of 10% in the forecast period (2025-2032).
The Research report on ASIC Chip Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate,โฆ
Revolutionizing Cryptocurrency Mining: ASIC Miner Compare Unveils Cutting-Edge A โฆ
As cryptocurrency continues to gain prominence in the global financial landscape, the demand for efficient and powerful mining solutions has never been higher. Enter Asic Miner Compare, a pioneering company dedicated to providing state-of-the-art ASIC miners tailored for cryptocurrency mining enthusiasts and professionals alike.
ASIC (Application-Specific Integrated Circuit) miners represent the pinnacle of mining technology, offering unparalleled efficiency and performance compared to traditional CPU or GPU mining methods. Asic Miner Compareโฆ
Global Programmable ASIC Market Research Report 2023-2029
Programmable application-specific integrated circuits allow the data plane of switches to support new technologies, like software-defined networking. Factors such as growing demand for microelectronics in several applications are creating profitable opportunities for the programmable ASIC market in the forecast period.
Global Programmable ASIC Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends,โฆ
ASIC Chips Market 2022 | Detailed Report
The ASIC Chips report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The ASIC Chips research report recognizes and gets fundamentalโฆ
Global Application Specific Integrated Circuit (ASIC) Market Insights, Forecast
This report presents the worldwide Application Specific Integrated Circuit (ASIC) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. An ASIC is an integrated circuit made forโฆ