Global Programmable Application Specific Integrated Circuit (ASIC) Market, By Design Type (Full Custom, Semi-custom and Programmable), Application (Telecommunication, Consumer Electronics, Automotive, Industrial and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights Global Programmable Application Specific Integrated Circuit (ASIC) Market
Programmable application specific integrated circuit (ASIC) market is expected to grow by USD 36,365.99 million at CAGR of 7.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on programmable application specific integrated circuit (ASIC) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Growing demand for microelectronics in several applications has been directly impacting the growth of programmable application specific integrated circuit (ASIC) market.
An application-specific integrated circuit is an integrated chip, which is customizable on the basis of uses, like a chip can be designed to run in a digital voice recorder or a high-efficiency bitcoin miner is an ASIC and it is also known as SoC (system-on-chip) because of inclusion of microprocessors, memory blocks including ROM, RAM, EEPROM, flash memory and other large building blocks, togetherly. Application specific integrated circuits (ASIC) refer to specialized ICs designed for a specific application. These are non-standardized devices and hence can only be used for a given specific application. The most prominent factor fueling the ASIC market growth is the ever-rising consumer electronics and telecommunication industry worldwide.
With the advent of smart devices, electronic products such as smartphones, tablets, laptops and other mobile devices have witnessed immense penetration across the world. Additionally, due to consistently growing adoption of mechatronics across the automotive and industrial applications, the demand for related electronic components (such as ASIC) has witnessed dramatic growth over the period of time.
Growing use of application integrated circuits in the IT & telecommunication is a driving factor for the programmable application specific integrated circuit (ASIC) market. High compatible with a wide variety of commercially available design tools is also a driver for the programmable application specific integrated circuit (ASIC) market. Ongoing technological advancements in the field of integrated circuit is an opportunity for the programmable application specific integrated circuit (ASIC) market.
High cost of producing and manufacturing customised circuit is a challenge for the programmable application specific integrated circuit (ASIC) market. However, inflexibility and increased time-to-market is the main restraint for the growth of programmable application specific integrated circuit (ASIC) market during the forecast period of 2021- 2028.
This programmable application specific integrated circuit (ASIC) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research programmable application specific integrated circuit (ASIC) market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
In March 2018, SAIC Motor Corporation Limited and Infineon Technologies AG announced the establishment of a joint venture to manufacture power modules for the dynamically developing electric vehicle market in China. The joint venture SIAPM offers power solutions for electric vehicles in China, the world's largest and fastest growing market for electro-mobility. It aims to supply to all customers producing in China.
Programmable Application Specific Integrated Circuit (ASIC) Market Scope and Market Size
Programmable application specific integrated circuit (ASIC) market is segmented on the basis of design type 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.
- Based on design type, the programmable application specific integrated circuit (ASIC) market has been segmented into full custom, semi-custom and programmable.
- Programmable application specific integrated circuit (ASIC) market on the basis of application has been segmented as telecommunication, consumer electronics, automotive, industrial and others
Programmable Application Specific Integrated Circuit (ASIC) Market Country Level Analysis
Programmable application specific integrated circuit (ASIC) market is analysed and market size, volume information is provided by country, design type and application as referenced above.
The countries covered in the programmable application specific integrated circuit (ASIC) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the programmable application specific integrated circuit (ASIC) market due to advancement in technology and increasing awareness of technology. While Asia-Pacific will be expected to witness the highest growth rate due to increasing penetration of smartphones among the population and the increasing demand for energy-efficient devices. Increasing penetration of high-tech gadgets, development of automotive electronics, increased requirement of miniaturization, growing digitization, economic development and rapid industrialization are also factors for the growth of the market in this region.
The country section of the programmable application specific integrated circuit (ASIC) market 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Programmable Application Specific Integrated Circuit (ASIC) Market Share Analysis
Programmable 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, regional presence, 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 programmable application specific integrated circuit (ASIC) market.
The major players covered in the programmable application specific integrated circuit (ASIC) market report are Texas Instruments Inc., STMicroelectronics N.V., Infineon Technologies AG, Qualcomm Inc., ON Semiconductor, Linear Technology Corporation, Maxim Integrated Products Inc., Analog Devices, Renesas Electronics, NXP Semiconductors N.V, Maxim Integrated, Intel Corporation, Calogic LLC, eSilicon Corp., Freescale Semiconductor, Inc., Fujitsu Microelectronics Inc., IBM Microelectronics, Linear Dimensions Semiconductor, PREMA Semiconductor GmbH, Samsung Semiconductor, Synopsys among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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