PUNE, India, October 12, 2017 /PRNewswire/ --
According to the new market research report "FPGA Market by
Technology (SRAM, Antifuse, Flash), Node Size (Less than 28 nm,
28-90 nm, More than 90 nm), Configuration (High-End FPGA, Mid-Range
FPGA, Low-End FPGA), Vertical (Telecommunications, Automotive), and
Geography - Global Forecast to 2023", published by
MarketsandMarkets™, the market was valued at USD 5.83 Billion in 2017 and is expected to reach
USD 9.50 Billion by 2023, at a CAGR
of 8.5% between 2017 and 2023. The FPGA market is driven by factors
such as the growth of IoT, growing adoption of FPGAs by various
industries, growing demand for advanced driver-assistance systems
(ADAS), and reduction in time-to-market.
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Low-end FPGA expected to hold the largest size of the market,
on the basis device, during the forecast period
The low-end FPGA is anticipated to hold the largest share in the
FPGA market. The low-end FPGAs benefit the users in terms of size,
performance, low-power requirements, and the number of advanced
functions that they provide. Owing to its low cost, the customers
prefer using these devices instead of application-specific
integrated circuits (ASICs), standard-cell application-specific
standard products (ASSPs), or implementations that combine discrete
functions on printed-circuit boards (PCBs). These types of FPGAs
are designed for low-power consumption as well as low logic density
and complexity per chip. Some of the low-end FPGAs are Cyclone
family from Altera, Spartan family from Xilinx, fusion family from
Microsemi, and the Mach XO/ICE40 from Lattice Semiconductor.
Telecommunications expected to hold the largest size of the
market, on the basis of vertical, by 2023
Telecommunications contribute significantly to the economy of
most of the countries and includes both wired and wireless
communications; 3G, 4G LTE, and 5G services are widely adopted
across the world, mostly in North
America and APAC. Moreover, the number of internet users has
increased even in the rural areas. These advancements have
increased the number of network infrastructure providers and mobile
network operators. These operators require more bandwidth and
higher speed of data or download speed to fulfill the needs of
customers. Advanced FPGAs are able to meet these demands.
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Market for less than 28 nm node size expected to grow at the
highest CAGR between 2017 and 2023
The node size of 28 nm and less provides features such as
adaptive logic modules, transceivers, design security, and remote
system upgrades. Among these node sizes, the 28 nm process provides
the additional feature of partial reconfiguration. The latest
process node of 14 nm has more advanced features than other process
nodes and it supports high-level applications.
Market in APAC anticipated to grow at the highest CAGR
between 2017 and 2023
APAC is one of the largest manufacturing hubs in the world for
the automobiles, and the growing integration of FPGAs in automobile
applications is likely to boost the FPGA market in this region.
This market is expected to grow at the highest pace during the
forecast period. The telecommunication industry is rapidly growing
in APAC. Furthermore, Australia,
South Korea, and Japan play a significant role in the LTE
market and have the maximum 4G LTE penetration rate. This has led
to an increased demand for FPGAs in the telecommunication sector in
APAC.
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Some of the major players in the market include Xilinx (US),
Intel (US), Lattice Semiconductor (US), Microsemi (US), QuickLogic
(US), TSMC (Taiwan), Microchip
(US), United Microelectronics (Taiwan), GLOBALFOUNDRIES (US), Achronix (US),
and S2C Inc. (US).
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