FPGA Market size expected to reach USD 9.98 billion by 2022, to grow at a CAGR of 8.4% from 2015 to 2022

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FPGA Market size expected to reach USD 9.98
billion by 2022, to grow at a CAGR of 8.4 from
2015 to 2022 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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• Key Insights from Field Programmable Gate Array
  Market
• Consumer electronics application was responsible
  for revenue of USD 650 million in 2014 and is
  predicted to grow at 8.9 CAGR from 2015 to 2022.
  Rising prominence of smart devices such as mobile
  phones, tablets and MP3 players are the major
  growth drivers.
• Telecom sector is anticipated to witness
  substantial growth prospects owing to high
  flexibility. The segment is estimated to grow at
  9 CAGR to account for over 34 of the FPGA
  market share by 2022.
• Asia Pacific FPGA market was valued at over USD 2
  billion in 2014. Growth in the region can be
  attributed to rising application in numerous
  sectors such as consumer electronics, industrial
  and automotive across India, Japan, China, and
  South Korea.

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Continued...

• Europe is projected to grow at 7.7 CAGR over the
  forecast timeline. Favorable regulatory landscape
  for road safety is likely to drive regional
  demand.
• Key participants accounting for FPGA market share
  include Xilinx, Intel Corporation, Achronix
  Semiconductor, Atmel, and Cypress Semiconductor.
  Other prominent players are Lattice
  Semiconductor, Texas Instruments, Microsemi.
• Industry participants focus on technology
  advancements as well as new product development
  which describes the FPGA market scenario. For
  instance, Intel Corp. announced Intel Atom
  processor Z3700 series in July 2014.

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Asia Pacific FPGA market size by application,
2012-2022 (USD Million)

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360 Analysis

• Application Analysis
• Telecomm sector accounted for more than 33 of
  the overall FPGA market share in 2014 and is
  expected to continue its dominance over the next
  seven years. This can be mainly attributed to
  high bandwidth demand for video applications.
  Increasing usage in base stations in updating
  from 3G to LTE networks is also likely to surge
  the demand.
• Regional Analysis
• Asia Pacific FPGA market size was valued at
  around USD 2.1 billion in 2014 and is expected to
  exceed USD 4.2 billion till 2022. This is due to
  the presence of countries such as China, Japan,
  South Korea, India, and Taiwan, which contribute
  significantly to consumer electronics and
  automotive consumption.
• U.S. FPGA market share accounted for over 25 of
  the total revenue in 2014. Heavy investment in
  innovation for military and aerospace
  applications, along with developments in the
  telecommunication sector is expected to drive
  regional growth over the forecast period.
• Competitive Market Share
• Xilinx Inc., Altera Corporation, and Lattice
  Semiconductor are the leading manufactures and
  accounted for more than 80 of the global FPGA
  market share in 2014. Other companies include
  Tabula, Microsemi Corporation, Achronix,
  QuickLogic and Cypress Semiconductors.

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