Asia-Pacific Application Specific Integrated Circuit (ASIC) Market, By Design Type (Full Custom, Semi-Custom, and Programmable), Programming Technology (Static Ram, Eprom, Eeprom, Antifuse, and Others), Application (Consumer Electronics, Data Center & Computing, It & Telecommunication, Medical, Multimedia, Automotive, and Industrial), Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Asia-Pacific Application Specific Integrated Circuit (ASIC) Market
Asia-Pacific application specific integrated circuit (ASIC) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.8% in the forecast period of 2022 to 2029 and expected to reach USD 11,463.74 million by 2029.
An application-specific integrated circuit (ASIC) is an IC chip that is tailored to a specific application rather than being designed for broad usage. An ASIC is, for example, a chip that runs in a digital voice recorder or a high-efficiency video encoder (such as AMD VCE). Application-specific standard product (ASSP) chips are a middle ground between ASICs and industry-standard integrated circuits such as the 7400 or 4000 series. As MOS integrated circuit chips, ASIC chips are generally produced using metal-oxide-semiconductor (MOS) technology which includes FPGA. The greatest complexity (and hence usefulness) available in an ASIC has expanded from 5,000 logic gates to over 100 million as feature sizes have dropped and design tools have improved over time. Microprocessors, memory blocks such as ROM, RAM, EEPROM, flash memory, and other significant building blocks are frequently included in modern ASICs. A SoC is a common moniker for such an ASIC (system-on-chip). A hardware description language (HDL), such as Verilog or VHDL, is frequently used by designers of digital ASICs to define the functioning of ASICs.
Some of the factors which are driving the market is the growing demand for smartphones & tablets and increasing demand from smart consumer devices. But threats from cyber attacks can be a restraining factor. Moreover, the Asia-Pacific application specific integrated circuit (ASIC) market is also expanding due to increasing demand for consumer electronics products such as smart wearables, smart TV and other which is hoisting the demands.
This application specific integrated circuit (ASIC) market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Application Specific Integrated Circuit (ASIC) Market Scope and Market Size
Asia-pacific application specific integrated circuit (ASIC) market is segmented on the basis of design type, programming technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of design type, Asia-Pacific application-specific integrated circuit (ASIC) market has been segmented into full custom, semi-custom, and programmable. In 2022, the semi-custom segment is expected to dominate the Asia-Pacific application-specific integrated circuit (ASIC) market as with rapid adoption and growing demand for autonomous vehicle across globe due to advancement in technology such as AI and computer vision technology is boosting the segment growth. As these technologies use gate array based ASICs and Standard-cell–based ASICs which help in enhancing the capabilities of the AI and computer vision technology. Therefore this can heave the segment growth.
- On the basis of programming technology segment, Asia-Pacific application-specific integrated circuit (ASIC) market has been segmented into static ram, EPROM, EEPROM, antifuse, and others. In 2022, the static ram segment is expected to dominate the Asia-Pacific application-specific integrated circuit (ASIC) market due to the easy availability of cost efficient systems, which can be easily implemented with increasing the complexity of the chip.
- On the basis of application segment, Asia-Pacific application-specific integrated circuit (ASIC) market has been segmented into consumer electronics, data center & computing, IT & telecommunication, medical, multimedia, automotive, and industrial. In 2022, the consumer electronics is expected to dominate the Asia-Pacific application-specific integrated circuit (ASIC) market due to increasing demand for smart connected house is supporting the penetration of smart consumer appliances Asia-Pacific and impact of COVID which has forced employees to work from home. These reasons have boosted the segment. Moreover, ASIC technologies are broadly used in the smart consumer appliances this is hoisting the segment growth.
Asia-Pacific Application Specific Integrated Circuit (ASIC) Market Country Level Analysis
Asia-pacific application specific integrated circuit (ASIC) market is segmented on the basis of design type, programming technology and application.
The countries covered in application specific integrated circuit (ASIC) Market report are China, Japan, South Korea, India, Australia, Malaysia, Singapore, Thailand, Indonesia, Philippines, and rest of Asia-Pacific in Asia-Pacific.
China dominates the application specific integrated circuit (ASIC) growing demand for smartphones & tablets and increasing demand from smart consumer devices, this can boost the market of application specific integrated circuit (ASIC) market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Application Specific Integrated Circuit (ASIC)
Application specific integrated circuit (ASIC) market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in application specific integrated circuit (ASIC) and changes in regulatory scenarios with their support for the application specific integrated circuit (ASIC) market. The data is available for historic period 2012 to 2020.
Competitive Landscape and Application Specific Integrated Circuit (ASIC) Market Share Analysis
Application specific integrated circuit (ASIC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific application specific integrated circuit (ASIC) Market.
The major players covered in the report are Intel Corporation, Infineon Technologies AG, NXP Semiconductors, Qualcomm Technologies, Microchip Technology Inc., Analog Devices among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. Many product developments are also initiated by the companies worldwide which are also accelerating the growth of application specific integrated circuit (ASIC) market.
For instance,
- In June 2021, Intel Corporation launched dedicated FPGA infrastructure processors. The key feature of this dedicated infrastructure processors was server and network management function capabilities to offer more flexible, virtualization model. This product launch will strengthen infrastructure processors portfolio.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for application specific integrated circuit (ASIC) market through expanded product range.
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