Thursday, 11 May 2017

FPGA Market share forecast to exceed $9.98bn by 2022

According to industry research report “Field Programmable Gate Array (FPGA) Market Size By Application (Data Processing, Industrial, Automotive, Consumer Electronics, Telecom, Military & Aerospace), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2015 – 2022” says that global field programmable gate array market share to reach USD 9.98 billion by 2022 and to grow at a CAGR of 8.4% from 2015 to 2022. Rising demand across various end-use industries such as data processing, automotive, industrial and consumer electronics is expected to drive FPGA market growth over the forecast timeframe.

Field programmable gate array market is slated to generate noticeable revenue across the globe, owing to the growing usage of the integrated control systems (ICs) across various application areas such as industrial, automotive, and consumer electronics. Extensive usage of FPGAs in video processing, flat panel display, battery management, operating mode, and video board to improve the bandwidth quality, coupled with huge investments in technological development activities will also stimulate FPGA industry size.

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Based on the application trends, field programmable gate array market is primarily segmented into automotive, telecom, data processing, consumer electronics, industrial, and military & aerospace. Off late, the deployment of integrated control systems (ICs) in the vehicles has increased considerably.
This, in turn, will boost FPGA market size in the automotive applications, which will register an annual growth rate of more than 8.5% over the coming years of 2015 to 2022. Additionally, shifting consumer trends toward hybrid and electronic vehicles and the growing consciousness regarding environmental pollution among the global population will favorably influence field programmable gate array industry size.

The telecom application covered over 33% of the total market share in 2014 and is predicted to dominate the industry size over the coming five years. Increased product utilization in telecommunication networks (upgradation from 3G technology to LTE) is projected to impact the telecom application revenue share positively over the coming five years. The consumer electronics application segment will favor overall market growth, owing to the growing adoption of the electronic devices such as tablets, smartphones, and mobiles across the globe.

Considering North America field programmable gate array industry, U.S covered more than 25% of the regional market share in 2014 and will grow at a noticeable growth rate over the period of 2015 to 2022. U.S. is investing heavily in the aerospace and military applications, which will stimulate the demand for FPGAs across this region. In addition, escalating developments across the telecom industry will also fuel the requirement for FPGAs in the United States, driving the regional growth.
Browse key industry insights spread across 75 Pages with 23 market data tables & 22 figures from the report, “Field Programmable Gate Array (FPGA) Market” in detail along with the table of contents:

Asia Pacific field programmable gate array market was worth about 2.1 billion in 2014 and is expected to generate a revenue of more than USD 4.2 billion by 2022, owing to the growing product demand across the expanding automotive and consumer electronics sector. India, Taiwan, China, South Korea, and Japan will be the major regional revenue contributors.
The industry is consolidated with key players having accumulated more than 80% of the worldwide industry share in 2014. Noteworthy participants in field programmable gate array market are Lattice Semiconductor, Xilinx Inc., Cypress Semiconductors, Altera Corporation, QuickLogic Corporation, and Microsemi Corporation.

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Table Content of Field Programmable Gate Array Market:

Chapter 1    Methodology and Scope
1.1    Research Methodology
1.1.1.     Initial data exploration
1.1.2.     Statistical modeling and forecast
1.1.3.     Industry insights and validation
1.2    Data Sources
Chapter 2    Executive Summary
2.1    FPGA industry 360° synopsis, 2012 - 2022
Chapter 3    FPGA Industry Insights
3.1    Industry Segmentation
3.2    Industry Size and forecast
3.3    Industry ecosystem analysis
3.4    Industry Impact forces
3.4.1.     Growth drivers
3.4.2.     Industry pitfalls & challenges
3.5    Growth potential analysis
3.6    Porter's analysis
3.7    FPGA company market share analysis, 2014
3.8    PESTEL analysis

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