Title: APAC continues to lead the market share and growth during 2018-2023
1APAC continues to lead the market share and
growth during 2018-2023
2Asia-Pacific held major share in global Field
Programmable Gate Array Market followed by
Americas and Europe region. APAC FPGA market
accounts for over 35 of the total industry
share. Emergence of innovative FPGA products,
particularly for usage in consumer electronics
devices has increased market value in the region.
Growing demand from automotive production in
China, India and Japan will spur the market
growth further. Asia Pacific is also predicted to
outpace all other regions when it comes to growth
rate by registering a CAGR of 7 from 2018 to
2023.
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3Selected Type of Value Chain Analysis done in the
full Report
- Value chain analysis is a useful tool to analyze
the activities that include analysis of FPGA
design, software and hardware procurement,
testing and offering of FPGA devices to end user
industries. The major steps involved in
contribution of the total value of the FPGA
market are described below - The above figures depict the various stakeholders
in the FPGA market. The RD departments of the
companies are involved in the development of
effective design flows and Intellectual Property
(IP) cores. These research groups also comprise
of product managers where the future applications
and requirements of FPGAs are being envisaged.
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4Excerpts on Market Growth Factors Mentioned in
the Full Report
- Increasing applications in military aerospace,
consumer electronics, and the automotive industry
is a critical factor escalating their growth in
newer segments and are presumed to drive the FPGA
market over the coming years. - Growing need for customization of functionalities
such as erasable and programmable memory and high
demand for ADAS (Advanced Driver Assistance
System) for GPS control and 3D visualization in
automobile sector is driving the global FPGA
market. - Growing penetration of FPGA technology in
automotive and consumer electronics sector is
driving the growth of FPGA market particularly in
Asia-Pacific region. -
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5Key Players of the Field Programmable Gate Array
(FPGA) Market
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have included Some Customization Options
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