Global Field Programmable Gate Array (FPGA) Market is predicted to register CAGR of 8.41% during forecast period. Rising demand for customizable integrated circuits as well as from application fields is predicted to fuel industry expansion during forecast timeframe.
FPGAs are utilized as a part of committed ICs by the specialists to create hard-wired in mass sum for end clients and conveyance to PC producers. Their extensive application in the media transmission industry and in routers, switches, base stations, and gateways are responsible for the industry growth.
Features provided by field programmable entryway clusters include vast parallel information handling limit, higher execution pick up in programming application and the capacity to preparing ongoing information makes it an integral part in modern technology devices. These products are reprogrammable in nature and can be improved to enhance functionality in terms of hardware.
Complexity in designing is the major challenge before the developers. Increasing use of application specific integrated circuits (ASIC) is the major threat for the Field Programmable Gate Array (FPGA) Market. Technology innovations that enable customized circuit construction at reduced price that facilitates fully customized operation of microprocessors provides ample growth opportunities to the companies engaged in FPGA manufacturing.
Based on application, the telecom sector dominated the industry acquiring more than 30% of the Field Programmable Gate Array (FPGA) Market share in 2014 and is expected to continue the trend during forecast years. Demand for higher bandwidth for video applications and shift in focus of operators towards green solutions to increase operational efficiency is driving the growth. Upgrading from 3G to LTE networks will contribute to the increased demand in telecom industry. Growth in automotive segment is attributed to increasing average number of integrated circuits in the average vehicle the presence of stringent regulations regarding electric and hybrid vehicles to control the carbon emission is contributing to the segment growth.
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FPGA programming technology is also used in healthcare segment for medical imaging device due to high performance computing requirement. General diagnostic imaging instruments comprise CT scanners, X-ray, nuclear medicine imaging, mammography device, MRI(magnetic resonance imaging) and ultra sound device. Benefits provided by the programming technique in digital signal processing as compared to other processors makes it a good alternative for most devices consisting volume imaging conducted in current generation PET(Polyethylene terephthalate) equipments.
APAC Field Programmable Gate Array (FPGA) Market was evaluated at about $2.2 billion for 2014 and is predicted to surpass $4.3 billion by end of forecast timeframe. Countries like Taiwan, China, India, South Korea and Japan substantially contribute towards automotive sector and consumer electronics segment and this is the reason for industry growth in the region.
U.S. Field Programmable Gate Array (FPGA) Market contributed more than 25% of the total revenue share for 2014. Large scale investments in aerospace and defense applications along with growth of telecommunications sector is predicted to fuel regional industry expansion during forecast timeframe.
Key industry players profiled in the report includes Microsemi Corporation, Aeroflex Incorporation, Lattice Semiconductor, Achronix, Cypress Semiconductor, Xilinx Incorporation, Achronix Semiconductor Corporation, Atmel Corporation, Tabula, Altera Corporation, Intel Corporation, Texas Instruments and QuickLogic and Xilinx.