European Union Application-Specific Integrated Circuit (ASIC) Market, By Design Type (Full Custom, Semi-Custom and Programmable ASIC), Technology (SRAM, Anti-Fuse, EPROM, Flash-Based/EEPROM and Others), Functionality (Real-Time and Standalone), Application (Defence Equipment, Aircraft, Weapons, Spacecraft, Ships and Others) – Industry Trends and Forecast to 2030.
European Union Application-Specific Integrated Circuit (ASIC) Market Analysis and Size
Manufacturers are continuously trying to find out ways to increase the precision of work, enhance services and work with growing technology. The requirement for these reasons is being fulfilled through the implementation of application-specific integrated circuit (ASIC) systems as they are used to provide enhanced, uninterrupted, free and timely services to end-user applications.
Data Bridge Market Research analyses that the European Union application-specific integrated circuit (ASIC) market is expected to reach the value of USD 1,083.47 Million by 2030, at a CAGR of 6.8% during the forecast period. The application-specific integrated circuit (ASIC) market report also covers pricing analysis, patent analysis and technological advancements in depth.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021
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Quantitative Units
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Revenue in USD Million, Pricing in USD
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Segments Covered
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By Design Type (Full Custom, Semi-Custom and Programmable ASIC), Technology (SRAM, Anti-Fuse, EPROM, Flash-Based/EEPROM and Others), Functionality (Real-Time and Standalone), Application (Defence Equipment, Aircraft, Weapons, Spacecraft, Ships and Others)
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Countries Covered
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Germany, France, Netherlands, Belgium, Italy, Spain, Poland, Sweden, Denmark, Austria and Rest of European Union.
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Market Players Covered
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STMicroelectronics, Intel Corporation, Lattice Semiconductor, Cobham Advanced Electronic Solutions, Texas Instruments Incorporated, ARQUIMEA GROUP, S.A. IC’Alps SAS, QuickLogic Corporation, Tekmos Inc., NanoXplore, Achronix Semiconductor Corporation, Renesas Electronics Corporation, EnSilica, Infineon Technologies AG, Microchip Technology Inc., Advanced Micro Devices, Inc., Honeywell International Inc., TTTech Computertechnik AG, Marvell and Semiconductor Components Industries, LLC, among others.
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Market Definition
An application-specific integrated circuit (ASIC) is an IC chip 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.
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. An 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.
European Union Application-Specific Integrated Circuit (ASIC) Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in usage of electronic warfare solutions
Electronic warfare refers to using electromagnetic spectrum signals such as radio, infrared, or radar to sense, protect and communicate to protect military assets from potential threats. Moreover, electronic warfare cadets help to protect an aircraft or helicopter from radar or infrared-guided missiles. These cadets were invented over 50 years ago and grew advanced over the years with the development of new technologies.
The rise in innovation and adoption of modern technologies, such as augmented reality, artificial intelligence and others, in various marine sectors, has driven the acceptance of electronic components and modern solutions, such as smart ships and autonomous work processes in war. These solutions will help to defend and attack the enemies without any human interference and this will lower the lifetime risk of cadets.
- Increase in the adoption of autonomous weapon system
Autonomous is the ability of a machine to execute tasks without human input using interactions of computer programming and electronic component. This will recognize the human-machine command and control relationship and the sophistication of a machine’s decision-making capability may vary from one function to another. Some weapon systems require a greater level of self-governance through electronic components and software technology.
Moreover, the development of autonomous weapon systems will adopt the software algorithms to identify, select and kill the targets without human intervention. Similarly, there is a wide range of benefits that have made many European countries, such as Germany, France and many others, form a coalition agreement to promote autonomous weapons systems.
Opportunities
- Upsurge in the adoption of mechatronics for various applications
Mechatronics systems are systems that are designed with a combination of mechanical, electrical, telecommunications, control and computer science technologies. Mechatronics systems are largely used in automotive applications such as the manufacturing of automobiles, Self-Driving Vehicles chassis, drive train and safety systems. Nowadays, mechatronics systems have gained a major role in the aerospace and defence industry.
Over the decades, mechatronics systems have been used in the automobile industry to develop autonomous manufacturing systems of vehicles. Moreover, such systems have also gained importance in the vehicle control system. In recent times, autonomous vehicles have gained immense popularity owing to factors such as advanced mechatronic capabilities, advanced processors & Software and advanced AI & computer vision.
Restraints/Challenges
- High cost associated with manufacturing customized circuits
The cost associated with the manufacturing of application-specific integrated circuits (ASIC) chips or masks is significantly high. These technologies are widely adopted in the automotive, manufacturing and transportation industries.
According to various press publications globally, there is the rising use of custom ASICs among various tech industries. This is driving the adoption of creating and designing cutting-edge ASIC artificial intelligence chips and cloud-computing services.
The design of the chip involves various processes, such as raw material requirements, fabrication and testing costs. An ASIC chip has various numbers of layers ranging from 4 to 12. Generally, the bottom 3 to 4 layers contain the transistors and some interconnectivity components, which also adds to the fabrication cost.
The upper layers are almost entirely used for connection purposes. Then various kinds of transparent masks are used for photo-etching. Combining all the components required for designing an ASIC chip, the cost becomes significantly high.
- Complexity involved in designing and fabrication of application-specific circuits
ASIC technology design is a method of fabricating cost-effective electronic circuits through miniaturization and integration of various individual components functioning into a single unit. A semiconductor electronic device consists of various electronic components, such as integrated circuits (ICs) which are intertwined with each other to perform a particular function. I have various components such as resistors, transistors, capacitors, logic gates and others.
With the advancement in VLSI/CMOS technologies, complexity has grown from 5,000 logic gates to over 100 million logic gates in a single chip of ASIC design. According to Moore’s Law, the number of gates or transistors used in integrated circuits (ICs) will change every 18 months. Technology advancement in logic, parallelization, VLSI/CMOS and CAD tools will further hoist the complexity of the ICs.
Post COVID-19 Impact On the European Union Application-Specific Integrated Circuit (ASIC) Market
COVID-19 created a negative impact on the application-specific integrated circuit (ASIC) market owing to the shutdown of manufacturing facilities.
The COVID-19 pandemic has impacted the application-specific integrated circuit (ASIC) market to an extent in a negative manner. Increasing adoption of electronic and autonomous warfare in the defence sector has helped the market to grow after the pandemic. Also, it is expected that there will be considerable sectoral growth in the near future.
Manufacturers make various strategic decisions to enhance their offerings in the post-COVID-19 scenario. The players are conducting multiple research and development activities to improve the technology involved in the application-specific integrated circuit (ASIC). With this, the companies will bring advanced technologies to the market. In addition, government initiatives for using artificial intelligence technology in the aerospace and defence sector have led to the market's growth.
Recent Development
- In October 2023, Cobham Advanced Electronic Solutions announced the partnership with SkyWater to manufacture rad-hard integrated circuits. This will help the company to enhance the design and manufacturing of ASIC, which expands the product portfolio to accelerate the revenue growth
- In October 2022, QuickLogic Corporation announced the availability of its first customer-defined eFPGA block from the Australia IP Generator for the UMC 22nm process. The Australia tool enables rapid eFPGA IP generation for nearly any foundry and node. This product launch enhances the product portfolio of the company
European Union Application-Specific Integrated Circuit (ASIC) Market Scope
European Union application-specific integrated circuit (ASIC) market is segmented into four notable segments, which are based on design type, technology, functionality and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Design Type
- Full Custom
- Semi-Custom
- Programmable ASIC
On the basis of design type, the European Union application-specific integrated circuit (ASIC) market is segmented into full custom, semi-custom and programmable ASIC.
Technology
- SRAM
- Anti-Fuse
- EPROM
- Flash-Based/EEPROM
- Others
On the basis of technology, the European Union application-specific integrated circuit (ASIC) market has been segmented into SRAM, anti-fuse, EPROM, flash-based/EEPROM and others.
Functionality
- Real-Time
- Standalone
On the basis of functionality, the European Union application-specific integrated circuit (ASIC) market has been segmented into real-time and standalone.
Application
- Defence Equipment
- Aircraft
- Weapons
- Spacecraft
- Ships
- Others
On the basis of application, the European Union application-specific integrated circuit (ASIC) market is segmented into defence equipment, aircraft, weapons, spacecraft, ships and others.
European Union Application-Specific Integrated Circuit (ASIC) Market Regional Analysis/Insights
European Union application-specific integrated circuit (ASIC) market is analysed and market size insights and trends are provided by country, design type, technology, functionality and application, as referenced above.
The countries covered in the European Union application-specific integrated circuit (ASIC) market report are Germany, France, Netherlands, Belgium, Italy, Spain, Poland, Sweden, Denmark, Austria and Rest of European Union. Germany dominates in the Europe region due to increasing research and development activities in integrated circuit technologies for the aerospace & defense sector.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of European Union brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and European Union Application-Specific Integrated Circuit (ASIC) Market Share Analysis
European Union application-specific integrated circuit (ASIC) market competitive landscape provides details by the 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the application-specific integrated circuit (ASIC) market.
Some of the major players operating in the European Union application-specific integrated circuit (ASIC) market are STMicroelectronics, Intel Corporation, Lattice Semiconductor, Cobham Advanced Electronic Solutions, Texas Instruments Incorporated, ARQUIMEA GROUP, S.A., IC’Alps SAS, QuickLogic Corporation, Tekmos Inc., NanoXplore, Achronix Semiconductor Corporation, Renesas Electronics Corporation, EnSilica, Infineon Technologies AG, Microchip Technology Inc., Advanced Micro Devices, Inc., Honeywell International Inc., TTTech Computertechnik AG, Marvell and Semiconductor Components Industries, LLC, among others.
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