Stratview Research delivers key insights on the global Field Programmable Gate Array Market.

The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.

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Market Insights

The Field Programmable Gate Array Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.

Profiling Key Companies –

  • Cobham Limited
  • Intel Corporation
  • Xilinx, Inc.
  • Microchip Technology Inc.
  • Cypress Semiconductor Corporation
  • Lattice Semiconductor Corporation
  • Achronix Semiconductor Corporation
  • Quick Logic Corporation
  • Taiwan Semiconductor Manufacturing Company, Limited
  • Texas Instruments Inc.

Growth drivers and Market Value:

This report, from Stratview Research, studies Field programmable gate array market value and growth drivers over the trend period of 2022-27. According to the report -

Field programmable gate array market is likely to witness an impressive CAGR of 8.9% during the forecast period. Increasing demand for advanced driver-assistance systems (ADAS), along with the growth of IoT, and faster time-to-market of FPGA than ASIC is the prime factor contributing to the demand for field programmable gate arrays.

Segment Analysis:

Based on by Technology Type:

Based on the technology type, the market is segmented as SRAM, EEPROM, antifuse, flash, and others. The SRAM (Static Random-Access Memory) segment held the largest share of the market in 2021. The dominance of the segment is mainly because it offers better flexibility, re-programmability, high integration, and high performance for various applications. SRAM-based field programmable gate arrays are widely adopted for aerospace & defense, telecom and wireless communication systems, and consumer goods applications which is contributing a healthy growth in the market.

Based on Regional:

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, India, and Japan being the countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the presence of major semiconductor foundries such as Taiwan Semiconductor Manufacturing Company, Limited (TSMC), United Microelectronics Corporation (UMC), and Samsung Foundries in the region. The dependency of various industries on data centers and cloud-based computing technology is also contributing to the growth of the region’s market. The initiatives undertaken by countries to deploy 5G networking services in the region is a key growth factor for the market.

 

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Covid Impact

This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.

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  • Appropriate market trend and forecast analysis.
  • All-inclusive report
  • Decent price-performance ratio
  • Reliable data
  • Attractive market segments and associated growth opportunities.

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