The Global Field Programmable Gate Array (FPGA) Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the global Field Programmable Gate Array Market is marked to exhibit notable expansion at a CAGR of 13% during the forecast period of 2017-2023 and reach the market valuation of USD 25 Bn by the end of the review period. Increased utilization of smart consumer electronic devices that are embedded with field programmable gate array technology and high demand for FPGA in other industrial sectors such as automotive, healthcare, wired communications, and others are majorly propelling the growth of the global Field Programmable Gate Array Market during the assessment period. Increasing utilization of FPGA in data centers and high-performance computing are also fueling the growth of the global field programmable gate array market.
The prime players profiled by Market Research Future (MRFR) operating in the global field programmable gate array (FPGA) market are XILINX INC. (the U.S.), Intel Corporation (the U.S.), Microsemi Corporation (the U.S.), Achronix (the U.S.), Teledyne e2v (the U.K.), Lattice Semiconductor Corporation (the U.S.), QuickLogic (the U.S.), Atmel Corporation (the U.S.), Nallatech (the U.S.), Altera Corporation (the U.S.), Tabula Inc. (the U.S.), ARM Ltd., (the U.K), QuickLogic Corporation (the U.S.), Samsung Electronics (South Korea), LG Electronics Inc. (South Korea) and others.
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The market is presently undergoing a phase of meteoric developments. The optimistic synchronization achieved in the factors that encourage market growth has increased substantially. The upgrades seen in the raw materials utilized by the market are expected to motivate market progress in the coming years further. The recalibration of the supply chains to incorporate leanness and efficiency is expected to intensify consumer satisfaction further adding to the future expansion in the market. The availability of better production facilities in strategic location is helping the competitors to offer better product experiences. The revitalization of capital venture inflow is expected to add strength to the market’s boom in the forecast period. The establishment of constructive trade policies by quite a few nations is expected to transform the market’s growth potential. The transformation in the economies of various developing nations around the world is estimated to reinforce the market progress outlook in the forecast period.
The global field programmable gate array market is segmented on the basis of technology, type, application, and region. By type, the market is divided to include low-end FPGA, mid-end FPGA, and high-end FPGA. By technology, the market is categorized into EEPROM, SRAM, flash, anti-fuse, and others. By end-users, the market is segmented into automotive, consumer electronics, data center applications, military & aerospace, and others.
The Asia Pacific regional market dominates the global FPGA market due to the increasing penetration of smartphones and mobile devices in the region. The region is a manufacturing hub and is one of the key production markets in the global field programmable gate array market. The APAC market is witnessing the rapid growth of various industry verticals where FPGAs are used extensively, thus increasing market value for the region over the forecast period.
North America is another significant market, primarily due to the presence of various prominent market players who are responsible for the growth of the global FPGA market.
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Latest Industry News
- XILINX is preparing to launch its XDNN FPGA architecture called the Xilinx Deep Neural Network Inference device. The advent of AI is a key factor in the development of this offering.
- Gowin Semiconductor Corp has announced the manufacturing of its first FPGA SoC series which is dubbed LittleBee GW1NS-2.
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