Market Research Report
Global Programmable Application Specific Integrated Circuit (ASIC) Market - Segmented by End User (Consumer Electronics, Automotive, Telecommunications), and Geography - Growth, Trends, and Forecast (2018 - 2023)
|Published by||Mordor Intelligence LLP||Product code||635852|
|Published||Content info||90 Pages
Delivery time: 2-3 business days
|Global Programmable Application Specific Integrated Circuit (ASIC) Market - Segmented by End User (Consumer Electronics, Automotive, Telecommunications), and Geography - Growth, Trends, and Forecast (2018 - 2023)|
|Published: April 26, 2018||Content info: 90 Pages||
The programmable application specific integrated circuit (ASIC) market is projected to witness a CAGR of 8.5% over the forecast period (2018 - 2023).
The scope of the report includes insights about several products offered by major players. The end-user segment includes consumer electronics, automotive, telecommunication, and industrial applications. The regions included in this study are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The rising demand for smartphones, tablets, and other mobile devices, worldwide, is impacting the programmable ASIC demand in the communications segment. The increased pace of new product development, declining cost per function of Ics, and their increasing functionality, and shortened product replacement cycles are some of the other factors influencing the market growth.
Increasing Demand from Consumer Electronics to Play a Key Role
Traditionally, the consumer electronics market constantly demands higher power dissipation, faster speeds, and higher pin counts, along with smaller footprints and lower profiles. The miniaturization and integration of semiconductors have given rise to smaller, lighter, and more portable devices, like tablets, smartphones, and the emerging IoT devices. Each iteration of the consumer electronics product is becoming smarter, lighter, and more energy-efficient than its predecessors. With this level of technology, consumers are now tending toward more reliable gadgets that could stand minor mishaps, which take place in day-to-day activities.
Asia-Pacific to Occupy Significant Market Share
The presence of major semiconductor companies, such as Infineon technologies and other such companies, along with the presence of major consumer electronics players, such as Samsung Electronics, LG Electronics, and Toyota Motor, is influencing the market growth during the forecast period. The growing demand for consumer electronics will continue to positively impact the demand for programmable ASIC in Asia-Pacific.
Key Developments in the Market
March 2018 - Infineon Technologies and SAIC Motor establish power module joint venture SIAPM in China to manufacture power modules for the developing electric vehicle market in China.
Major Players: ANALOG DEVICES, INFINEON TECHNOLOGIES, STMICROELECTRONICS, TEXAS INSTRUMENTS, LINEAR TECHNOLOGY, MAXIM INTEGRATED, NXP SEMICONDUCTORS, ON SEMICONDUCTORS, RENESAS ELECTRONICS, amongst others.
Reasons to Purchase the Report
Impact of growing applications across several end users, such as consumer electronics, automotive, and industrial
Analyzing various perspectives of the market with the help of Porter's five forces analysis
Growth of various products, such as memory, logic, and sensors
Regional analysis of the market
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in excel)
Customization of the Report
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List not exhaustive