Field Programmable Gate Array Market Technological Innovations and Future Opportunities 2027
The field programmable gate array market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the market share and the information pertaining to the regulatory norms that impact the commercialization landscape of this vertical.
Increased insistence on high-performing computers for machine learning and AI technologies coupled with growing demand for big data analytics are some factors responsible for the increased usage of Field Programmable Gate Array (FPGA).
FPGA devices are integrated into IoT devices for reducing latency and increasing power efficiency. There is a growing demand for smart home devices, especially in developed nations like the United States, Germany, France, which will increase the field programmable gate array market demand.
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There have been growing investments in automation across myriad industries as well as an increase in emerging technologies like machine learning, IoT, and artificial intelligence, stimulating FPGA device penetration. For example, Intel® FPGAs have enabled several generations of industrial systems as well as continuously fueled innovation in evolving Industrial Automation systems, Edge Computing, and Industry 4.0. Rising field programmable gate array applications can also be credited to the favorable government initiatives that support the semiconductor manufacturing industry in Japan, India, China, and Taiwan.
On the basis of process technology, the global field programmable gate array market from the <28nm segment is projected to amass considerable profits over the forthcoming years, on account of the commercialization of 7-nm process technology-based FPGA devices as well as its development in 3-nm/5-nm process node integrations. Additionally, the >90 nm segment accounted for over 10% market share in 2020. However, the adoption of this process technology is likely to decline over the foreseeable future, due to its high costs, low operational efficiency, and large footprint. It also faces challenges with regards to the seepage power consumption.
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On the regional front, the Europe field programmable gate array market accounted for around 20% market share in 2020 and is expected to depict a CAGR of 12% through 2027, as a result of the high prominence of 5G technology and subsequent expansion of the telecommunication sector. In order to implement 5G communication, the regional telecom operators deploy modulators and other FPGA-based devices.
Key field programmable gate array market participants include Cyprus Semiconductor Corporation, Intel Corporation, Texas Instrument Incorporated, Microchip Technology, Xilinx, Gidel, Cologne Chip AG, and Achronix Semiconductor Corp., among others. These firms are focusing on R&D activities and new product innovations to gain a competitive edge over rivals.
Major Key Points from Table of Content:
Chapter 7 Field Programmable Gate Array Market, By Configuration
7.1 Key trends, by configuration
7.2 Low-range FPGA
7.2.1 Market estimates and forecast, 2015 - 2027
7.3 Mid-range FPGA
7.3.1 Market estimates and forecast, 2015 - 2027
7.4 High-range FPGA
7.4.1 Market estimates and forecast, 2015 - 2027
Chapter 8 Field Programmable Gate Array Market, By Application
8.1 Key trends, by application
8.2 Consumer electronics
8.2.1 Market estimates and forecast, 2015 - 2027
8.3 Automotive
8.3.1 Market estimates and forecast, 2015 - 2027
8.4 Industrial
8.4.1 Market estimates and forecast, 2015 - 2027
8.5 Communication & data centers
8.5.1 Market estimates and forecast, 2015 - 2027
8.6 Aerospace & defense
8.6.1 Market estimates and forecast, 2015 - 2027
8.7 Others
8.7.1 Market estimates and forecast, 2015 - 2027
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