Market Highlights
As per the latest report published by Market Research Future (MRFR), the
global field-programmable gate array (FPGA) market is set to increase at a CAGR
of 10.87% between 2018 and 2025. In addition, the market is expected to surpass
a valuation of USD 3,700 Mn by the end of the review period. FPGAs are finding
widespread application in sectors such as consumer electronics, automotive and
IT & telecom. For the medium term, the market prospects remain bright for
FPGA.
A range of modern electronic devices include wearables, laptops and
smartphones have FPGA as an essential hardware component. At the same time,
increased focus towards increase network bandwidth boosting FPGA deployment.
FPGA is fast-replacing the traditional circuit systems. Nevertheless, FPGA’s
vulnerability to security threats remains a major concern.
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Segmentation:
MRFR’s report includes a thorough segmental
analysis of the market based on application, node size, configuration, and
technology. By application, the market has been segmented into algorithmic
cryptographic security, applied cryptography, FPGA synthesis flow and others.
In 2017, the FPGA synthesis flow segment stood at a valuation of USD 607.8 Mn
and is projected to witness a healthy growth in the forthcoming years. By node
size, the market has been segmented into more than 90 nm, 28–90 nm, and less
than 28 nm. The 28-90 nm segment currently accounts for the lion’s share of the
market. In terms of value, the segment currently stands at over USD 800 Mn and
is set to increase at a CAGR of 10.61% till 2025. The less than 28 nm
segment is projected to register a comparatively higher CAGR during the
assessment period. By configuration, the market has been segmented into high-end
FPGA, mid-range FPGA and low-end FPGA. The low-end FPGA segment commands the
largest market share in terms of value. Towards the end of 2025, the segment is
expected to reach a market valuation of more USD 1,500 Mn. This primarily owing
to various advantages of the low-end FPGAs. The mid-range FPGA segment holds
the second spot and is likely to witness a healthy growth rate in the
forthcoming years. By technology, the market has been segmented into Antifuse
technologies, FLASH, and SRAM. The SRAM segment is expected to remain highly
profitable in years to come. In 2018, the segment was valued at USD 693.1 Mn
and is poised to expand at a CAGR of 9.77% during the forecast period.
Competitive Landscape:
Key market players discussed in MRFR’s report
include Microchip Technology Inc., Cypress Semiconductor Corporation, Lattice
Semiconductor, QuickLogic Corp., Achronix Semiconductor Corporation, Texas
Instruments Incorporated, Teledyne Technologies Incorporated, Xilinx Inc., and
Intel Corporation.
Regional Analysis:
The market has been covered across Europe, Asia Pacific (APAC), North
America, Latin America, The Middle East, and Africa. The market in APAC is
expected to remain highly attractive during the assessment period. Over the
years, a number of APAC countries include China, Taiwan, South Koreas among
others has witness a tremendous boom in electronic manufacturing, which is
viewed as a leverage point for the FPGA market in Asia Pacific. In addition,
rapid industrialization and urbanization is creating new avenues for the market
player in Asia Pacific. Currently, the market in APAC stands at over USD 600
Mn. During the assessment period, the market in the region is expected to post
a CAGR of 11.10%. Meanwhile, the North America FPGA market is expected to exhibit
the highest CAGR over 2025. Europe is likely to retain its spot as the third
largest market for FPGA during the review period.
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