San Francisco, 15 February, Field
Programmable Gate Array (FPGA) Market Analysis By Technology (SRAM, EEPROM,
Antifuse, Flash), By Application (Consumer Electronics, Automotive, Industrial,
Data Processing, Military & Aerospace, Telecom), And Segment Forecasts,
2018 – 2024.
The global field programmable gate array market size
is anticipated to reach to USD 14.2 billion by 2024, according to a new report
by Grand View Research, Inc. Increasing application of FPGAs in various
industries to develop products with differentiating features is expected to
drive their demand over the forecast period.
The military & aerospace
segment is anticipated to fully exploit the capabilities of FPGAs for
developing multifaceted warfare electronic systems that can be custom
programmed even on the field. Increasing use of FPGAs in the automotive and
consumer electronics industry across emerging and developed economies is a key
factor expected to impel the market growth over the forecast period.
The distinguishing feature of
FPGAs to be erased and reprogrammed after manufacturing makes them unique from
other integrated circuits. The increasing need for customization of
functionalities which can provide differentiating features to its users is the
key factor anticipated to drive the FPGA market over the forecast period. With
improved technologies such as the SRAM, flash, and antifuse-based FPGAs, the
demand for the field-programmable gate arrays is further expected to increase
during the forecast period.
On account of growing
complexity in design, reduction in response time of the circuit, and reuse of
the design, verifying FPGA circuits is necessary. The absence of a specified/
uniform technique for verification is a major challenge for the FPGA market.
The overlapping market of field programmable gate array with other Integrated
Circuits (ICs) is also a challenge which may challenge its growth over the
forecast period.
Access Full Research
Report On Field Programmable Gate Array (FPGA) Market Analysis:
Further key findings from the report suggest:
·
The Static Random Access Memory
(SRAM) technology generated the highest revenue in the year 2015; it is
expected to maintain its dominance throughout the forecast period owing to its
reliability as it is nonvolatile, simple in design, and consumes low power
·
The flash-based FPGAs are
expected to grow at the highest CAGR of approximately 10% from 2016 to 2024,
which can be attributed to their differentiating features such as being
erasable, reprogrammable, and nonvolatile
·
Application of FPGAs is highest
in the telecom industry; this sector constituted over 30% of the global FPGA
revenue in 2015 and is projected to continue being the largest user of
Field-Programmable Gate Arrays by 2024
·
Asia Pacific is anticipated to
witness a considerable growth at an estimated CAGR of close to 11% from 2016 to
2024 as a result of significant increase in automotive hubs and consumer
electronics industries in Japan, India, China, South Korea, and other Asia
Pacific countries
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/semiconductors
Grand View Research has segmented the FPGA
market by technology, application, and region.
FPGA Technology Outlook
(Revenue, USD Million; 2014 - 2024)
·
SRAM
·
EEPROM
·
Antifuse
·
Flash
·
Others (Fuse, EPROM, PROM)
FPGA Application Outlook
(Revenue, USD Million; 2014 - 2024)
·
Consumer Electronics
·
Automotive
·
Industrial
·
Data Processing
·
Military & Aerospace
·
Telecom
·
Others
FPGA Regional Outlook (Revenue,
USD Million; 2014 - 2024)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
South America
o
Brazil
·
Middle East & Africa (MEA)
Access Full
Press Release of this Report: www.grandviewresearch.com/press-release/global-fpga-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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