PUBLISHER: IMARC | PRODUCT CODE: 1378883
PUBLISHER: IMARC | PRODUCT CODE: 1378883
Application Specific Integrated Circuit Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
The global application specific integrated circuit market size reached US$ 15.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2022-2028. The growing utilization of various smart electronic devices, rising popularity of smartwatches, and increasing cloud computing activities represent some of the key factors driving the market.
An application-specific integrated circuit (ASIC) refers to a specialized integrated chip created for performing specific operations in an electronic device. It is segregated into three distinct categories, such as full custom, semi-custom, and platform ASIC, which is designed and created from a defined set of methodologies, intellectual properties, and a well-defined design of silicon. It is a system-on-chip (SoC) setup and integrated with microprocessors and memory blocks, such as random-access memory (RAM), read-only memory (ROM), and flash memory. It is compact in nature, has higher operational speed and performance capabilities, and requires minimum power to operate. It is designed by following a series of steps, including design entry, logic synthesis, system partitioning, pre-layout simulation, floor planning, placement, routing, and ultimately post-layout simulation. It is incorporated into microcontrollers that are compact integrated circuits designed to govern a specific operation in an embedded system. It is also used for manufacturing Bitcoin miners, which are chips built into specially designed motherboards and power supplies and can execute the algorithm of only a single cryptocurrency.
Application Specific Integrated Circuit Market Trends:
At present, the increasing demand for ASIC, as it makes a better component for sophisticated larger systems, represents one of the significant factors supporting the growth of the market. Besides this, rising utilization of various smart electronic devices, such as smartphones, tablets, laptops, digital cameras, televisions, and gaming consoles, is propelling the growth of the market. In addition, the growing popularity of smartwatches that can be connected to smartphones for real-time tracking of various aspects, such as step count, sleep cycle, heart rate, calorie intake, and calories burnt, is offering a favorable market outlook. Apart from this, the increasing miniaturization of semiconductors to manufacture more lightweight, compact, and functional portable devices is contributing to the growth of the market. Additionally, the rising adoption of mechatronics across industrial and automotive applications, along with the increasing demand for ASIC in various consumer electronics and telecommunication equipment, is supporting the growth of the market. Moreover, the rising employment of various consistent technological systems to avoid numerous electronic system failure instances is strengthening the growth of the market. Furthermore, the increasing cloud computing activities to improve operational efficiency is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global application specific integrated circuit market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and application.
Product Type Insights:
Full Custom ASIC
Semi-Custom ASIC (Cell Based)
Semi-Custom ASIC (Array Based)
Programmable ASIC
The report has provided a detailed breakup and analysis of the application specific integrated circuit market based on the product type. This includes full custom ASIC, semi-custom ASIC (cell based), semi-custom ASIC (array based), and programmable ASIC. According to the report, semi-custom ASIC (cell based) represented the largest segment.
Application Insights:
Telecommunication
Automotive
Consumer Electronics
Others
A detailed breakup and analysis of the application specific integrated circuit market based on the application has also been provided in the report. This includes telecommunication, automotive, consumer electronics, and others. According to the report, consumer electronics accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America (the United States and Canada) was the largest market for application specific integrated circuit. Some of the factors driving the North America application specific integrated circuit market included the growing technological advancements, rising cloud computing activities, increasing demand for electronic devices, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global application specific integrated circuit market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Analog Devices Inc., Infineon Technologies AG, Intel Corporation, Maxim Integrated Products Inc., NXP Semiconductors N.V, ON Semiconductor, Qualcomm Incorporated, Renesas Electronics Corporation, STMicroelectronics N.V, Texas Instruments Incorporated, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global application specific integrated circuit market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global application specific integrated circuit market?
- What is the impact of each driver, restraint, and opportunity on the global application specific integrated circuit market?
- What are the key regional markets?
- Which countries represent the most attractive application specific integrated circuit market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the application specific integrated circuit market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the application specific integrated circuit market?
- What is the competitive structure of the global application specific integrated circuit market?
- Who are the key players/companies in the global application specific integrated circuit market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Application Specific Integrated Circuit Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Full Custom ASIC
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Semi-Custom ASIC (Cell Based)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Semi-Custom ASIC (Array Based)
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Programmable ASIC
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Application
- 7.1 Telecommunication
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automotive
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Consumer Electronics
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Analog Devices Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Infineon Technologies AG
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Intel Corporation
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Maxim Integrated Products Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 NXP Semiconductors N.V
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 ON Semiconductor
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Qualcomm Incorporated
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Renesas Electronics Corporation
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 STMicroelectronics N.V
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Texas Instruments Incorporated
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.1 Analog Devices Inc.
List of Figures
- Figure 1: Global: Application Specific Integrated Circuit Market: Major Drivers and Challenges
- Figure 2: Global: Application Specific Integrated Circuit Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Application Specific Integrated Circuit Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Application Specific Integrated Circuit Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Application Specific Integrated Circuit Market: Breakup by Application (in %), 2022
- Figure 6: Global: Application Specific Integrated Circuit Market: Breakup by Region (in %), 2022
- Figure 7: Global: Application Specific Integrated Circuit (Full Custom ASIC) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Application Specific Integrated Circuit (Full Custom ASIC) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Application Specific Integrated Circuit (Semi-Custom ASIC-Cell Based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Application Specific Integrated Circuit (Semi-Custom ASIC-Cell Based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Application Specific Integrated Circuit (Semi-Custom ASIC-Array Based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Application Specific Integrated Circuit (Semi-Custom ASIC-Array Based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Application Specific Integrated Circuit (Programmable ASIC) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Application Specific Integrated Circuit (Programmable ASIC) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Application Specific Integrated Circuit (Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Application Specific Integrated Circuit (Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Application Specific Integrated Circuit (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Application Specific Integrated Circuit (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Application Specific Integrated Circuit (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Application Specific Integrated Circuit (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Application Specific Integrated Circuit (Others) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Application Specific Integrated Circuit (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: North America: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: North America: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: United States: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: United States: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Canada: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Canada: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Asia-Pacific: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Asia-Pacific: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: China: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: China: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Japan: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Japan: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: India: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: India: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: South Korea: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: South Korea: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Australia: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Australia: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Indonesia: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Indonesia: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Others: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Others: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Europe: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Europe: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Germany: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Germany: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: France: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: France: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: United Kingdom: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: United Kingdom: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Italy: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Italy: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Spain: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Spain: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Russia: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Russia: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Latin America: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Latin America: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Brazil: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Brazil: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Mexico: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Mexico: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Middle East and Africa: Application Specific Integrated Circuit Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Middle East and Africa: Application Specific Integrated Circuit Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Middle East and Africa: Application Specific Integrated Circuit Market: Breakup by Country (in %), 2022
- Figure 72: Global: Application Specific Integrated Circuit Industry: SWOT Analysis
- Figure 73: Global: Application Specific Integrated Circuit Industry: Value Chain Analysis
- Figure 74: Global: Application Specific Integrated Circuit Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Application Specific Integrated Circuit Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Application Specific Integrated Circuit Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Application Specific Integrated Circuit Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Application Specific Integrated Circuit Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Application Specific Integrated Circuit Market: Competitive Structure
- Table 6: Global: Application Specific Integrated Circuit Market: Key Players
