- FPGA, also known as field-programmable gate array is a programmable semiconductor instrument. This instrument can be reprogrammed according to the preferred applications or operational needs in comparison to function-specific application specific integrated circuits (ASICs). FPGAs provide various benefits. These are simple debugging, low price and swift prototyping. They work well for the FPGA market and propel further demand for it. Increasing demand for customizable integrated circuits also acts as a vital propeller of the market.
For Market Research Report on “FPGA Market” Visit -http://www.grandviewresearch.com/industry-analysis/fpga-market
Huge demand for high performance and power effective IC designs is estimated to positively affect the FPGA market.Moreover, developments in the industry of telecom such as LTE and 3G technologies and boosting demand for bandwidth in cordless networks are predicted to escalate the sales of the market over the coming years.Amplified electronic applications in the sector of automotives and intensified electric and hybrid automobiles making use of FPGA are also projected to make a positive difference in the FPGA market.
Configuration complications in FPGA and utilization of alternatives in certain applications can act as obstacles for the market. The worldwide FPGA market was said to have attained around USD 5, 386 million in 2013. It is reported to collect revenue worth about USD 9, 882 million by 2020. The market is anticipated to observe around 9 percent CAGR during 2014 to 2020. The FPGA market is bifurcated on account of two categories. These are applications and geographical regions.
Telecom captured about 33 percent of the FPGA market in 2013. The sector is estimated to stand out as the biggest in the coming six years. Moreover, the sectors of consumer electronics and automotives are predicted to augment further at a pace greater than the worldwide average through the forecast phase of 2014 to 2020. In consumer electronics, the boosting acceptance of smart phones and innovative tablets are also likely to expand the FPGA market further. The extensive utilization of FPGA technology in the sectors of aerospace and military also adds income to the market and drives it forward.
Asia Pacific was the biggest FPGA market in 2013. It was estimated to show similar trends in the years ahead. The regionis anticipated to boost further at nearly 10 percent CAGR during 2014 to 2020. This is on account of various FPGA applications in consumer electronics and telecom. In North America, the sector of telecom was found to have generated revenue worth around USD 540 million in 2013.This sector is likely to rise at the swiftest CAGR in the future.
Moreover, the escalating use of FPGA technology in the industries of automotives and industrial is projected to act as a propeller of the FPGA market in this region.Europe was estimated at around USD 1, 175 million with regards to income in 2013. It is anticipated to grow at a pace lesser than the overall average through the forecast phase. Safety regulations in automotives and fitting of antilock braking systems are likely to positively affect the European FPGA market.
Information Source: Grand View Research
To request a sample copy of this report, please complete the form below.
To purchase a copy of this report, please contact at
28 2nd Street, Suite 3036
San Francisco, CA 94105
Toll Free: 1-888-202-9519