San
Francisco, 10 April , 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:
http://www.grandviewresearch.com/industry-analysis/fpga-market
http://www.grandviewresearch.com/industry-analysis/fpga-market
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: https://www.grandviewresearch.com/press-release/global-fpga-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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