Europe 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 (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and Rest of Europe) Industry Trends and Forecast to 2029.
Market Analysis and Insights: Europe Application Specific Integrated Circuit (ASIC) Market
Europe 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 7.6% in the forecast period of 2022 to 2029 and expected to reach USD 6,741.83 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 upsurge in demand for miniaturized electronics device and rising deployment of data centers and high-performance computing. But threats from cyber-attacks and functional reliability issues faced in ASIC can be a restraining factor. Moreover, the Europe application specific integrated circuit (ASIC) market is also expanding due to increasing initiatives to enhance advanced high speed broadband infrastructure is also boosting the adoption of ASIC technologies.
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.
Europe Application Specific Integrated Circuit (ASIC) Market Scope and Market Size
Europe 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, Europe 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 Europe application-specific integrated circuit (ASIC) market as with growing demand for advanced data centers in order to meet the growing demand for data, content by the consumer is boosting the requirements ASIC technologies in data centers & computing. As semi-custom ASIC technologies improves the efficiency of data center by providing high speed data transmission capabilities for the consumer.
- On the basis of programming technology segment, Europe 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 Europe application-specific integrated circuit (ASIC) market due to growing demand for storage and fast access capabilities which is boosting the demand for static ram chips across globe.
- On the basis of application segment, Europe 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 Europe application-specific integrated circuit (ASIC) market due to upsurge in demand for high speed data transmission among consumer with high speed infrastructure to cater the 5G initiative across globe. ASIC technologies are widely adopted in consumer electronics as it can enhance the networking capabilities of the device.
Europe Application Specific Integrated Circuit (ASIC) Market Country Level Analysis
Europe application specific integrated circuit (ASIC) market is segmented on the basis of design type, programming technology and application.
The countries covered in Europe application specific integrated circuit (ASIC) Market report are, Germany, France, U.K., Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey and rest of Europe in Europe.
Germany dominates the application specific integrated circuit (ASIC) market owing to various factor such as driving the market is upsurge in demand for miniaturized electronics device and rising deployment of data centers and high-performance computing, this can hoist 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 Europe 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, Europe 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 Europe application specific integrated circuit (ASIC) Market.
The major players covered in the report are Intel Corporation, Infineon Technologies AG, NXP Semiconductors, Microchip Technology Inc. and 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 October 2021, Infineon Technologies AG launched the SLS37 V2X hardware security module (HSM), a plug-and-play security solution for vehicle to everything communication (V2X). The SLS37 V2X HSM is based on a highly secured, tamper resistant microcontroller tailored to the security needs in V2X applications within telematics control units. It is protecting the integrity and moreover authenticity of messages, as well as the privacy of the sender. The HSM received the Common Criteria EAL4+ certification, which is expected to become mandatory in European V2X systems
Partnership, contracts, 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 range of size.
SKU-