Field Programmable Gate Array Market Trend To Eyewitness Huge Growth By 2030 AMR
A field programmable gate array architecture (FPGA) is an integrated circuit that can be programed later in the field after manufacturing. FPGA are like programmable read-only memory (PROM); however, they possess wider and vast potential. Low recurring expenses, reusability, and simple design cycle are expected to fuel the market growth during the forecast period. Further, surge in demand for higher bandwidth devices for high-end applications is anticipated to offer numerous opportunities to key players of the field programmable gate array market.
Download Research Report Sample & TOC :
Many manufacturers operating in the field programmable gate array market are headquartered in Asia-Pacific, which boosts the growth in this region. Furthermore, growth in the automotive and consumer electronics industry has driven the market growth considerably. In addition, Asia-Pacific is one of the largest markets for automobiles in the world, and the increase in field programmable logic array integration in automobiles is highly opportunistic for the field programmable gate array market analysis.
Commonly used technologies in the market are time EPROM, Antifuse, and SRAM, flash. Among all SRAM is the most popular owing to its simplicity and low cost.
North America was the highest revenue-generating region accounting for $2,472.4 million in 2020. Increased consumer awareness along with expansion in smart technologies are the key contributors for the growth in the North America. However, Asia-Pacific is expected to generate a revenue of $4,954.4 million by 2030, growing at a CAGR of 10.9% during the forecast period.
COVID-19 Impact:
COVID-19 has caused the overall semiconductor industry to mobilize quickly and make short-term decisions with long-term implications. Semiconductor companies operate in a complex ecosystem, working across the value chain with numerous raw materials, assembly, test, package, and equipment suppliers & partners across the globe.
Demand from the IT & telecommunication segment is expected to increase, owing to factors such as rise in broadband usage, higher demand for cloud services, and video streaming. In addition, in the medium to long term, COVID-19 is expected to further push the need for digital transformation and technologies, such as 5G, IoT, AI, and intelligent edge computing for future optimization.
Some of the professional 3D camera manufacturers have witnessed temporary delays in production, increased costs, and revenue losses due to the pandemic.
The manufacturing sector witnessed severe loss, and thus no new orders have been placed during the pandemic. In addition, this impact is estimated to continue till 2021. Moreover, international consumer in electronics and field programmable gate array market trends are in a very weak state, owing to lockdown imposed to tackle the pandemic. Although the markets in the U.S. and Europe witnessed mild recovery in the second half of 2020, they are still significantly down on pre-crisis levels. Therefore, the field programmable gate array market growth is facing major obstacles after the emergence of COVID-19 pandemic.
The pandemic is impacting production process of several industries, including semiconductor and electronics. Trade barriers are further constraining the demand and supply outlook. The overall production process is adversely affected as governments of different countries have already announced total lockdown and temporary shutdown of industries.
Inquiry Before Buying
Key Findings of the Study
The high-end FPGA segment is expected to generate the highest revenue during the forecast period.
The SRAM segment is expected to generate the highest revenue during the field programmable gate array market forecast period.
The industrial segment is expected to register the highest revenue during the forecast period.
North America is expected to register the highest revenue during the forecast period.
The key players mentioned in the report are Achronix Semiconductor Corporation
Altera Corporation
ARM Ltd.
Atmel Corporation
Cypress Semiconductors Corporation
Teledyne e2v Ltd.
Lattice Semiconductor
Microsemi Corporation
QuickLogic Corporation
Xilinx Inc.
Have a Look at Related Research Reports in the Semiconductor-and-Electronics Domain:
LiDAR Market
Automotive LiDAR Sensors Market
Solid State RADAR Market
Asia-Pacific LiDAR Market
David Correa
Allied Market Research
+ + 1 800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Global Plant-Based Meat Market Report 2025: Size Projected USD 100.31 Billion, CAGR Of 21.92% By 2033.
- Primexbt Launches Empowering Traders To Succeed Campaign, Leading A New Era Of Trading
- TOKEN2049 Singapore Breaks Records: 25,000 Attendees At The World's Largest Web3 Event
- Japan Well Intervention Market Size To Reach USD 776.0 Million By 2033 CAGR Of 4.50%
- Blackrock Becomes The Second-Largest Shareholder Of Freedom Holding Corp.
- United States Acetic Acid Market Size, Growth & Forecast 2033
Comments
No comment