Field Programmable Gate Arrays Market (FPGA) is Expected to Reach USD 8.95 Billion in 2019: Transparency Market Research
Transparency Market Research adds new "Field-Programmable Gate Array (FPGA) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019" market research report to its report store. Browse the report with request TOC; visit http://www.transparencymarketresearch.com/field-programmable-gate-array.html.
Albany, New York (PRWEB) November 02, 2013
According to a new market report published by Transparency Market Research, "Field-Programmable Gate Array (FPGA) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019", the market was valued at USD 5.08 billion in 2012, which is expected to reach USD 8.95 billion by 2019, growing at a CAGR of 8.5 percent from 2013 to 2019.
Browse the full report with complete TOC at http://www.transparencymarketresearch.com/field-programmable-gate-array.html.
Increasing adoption of 3G and LTE technologies and high demand for bandwidth in wireless networks is expected to drive the FPGA market in the coming years. Furthermore, FPGAs are used in flat panel displays; therefore, growing popularity of smartphones, tablets, and phablets with advanced touchscreen functionality is expected to contribute to market growth over the forecast period. Rising electronic content in automotives and advent of electric and hybrid vehicles which employ FPGAs to a large extent is a key growth driver for the industry. Usage of substitutes such as Application-Specific Integrated Circuits (ASICs) and Application-Specific Standard Products in certain application areas may act as a barrier to the market.
SRAM was the largest used technology and accounted for 76.1 percent of the overall revenue in 2012, and is expected to continue dominating the market over the next few years. In terms of application, telecommunication is expected to be the fastest growing segment, with an estimated CAGR of 9.0 percent from 2013 to 2019. The industry in Asia Pacific was valued at USD 2.04 billion in 2012, and is expected to remain the largest market in the coming years. This is on account of significant growth opportunities in this region.
The industry is highly consolidated, with the top two players accounting for over 80 percent of the overall market share in 2012. Key participants include Xilinx, Inc., Altera Corporation, Lattice Semiconductor, and Microsemi among others.
A Field-Programmable Gate Array (FPGA) is an integrated circuit or semiconductor device used to implement logical function. They account for a considerable percentage of a telecommunication, and are present in the base stations, routers, switches, and gateways among others. Besides telecommunication, they are integrated in a variety of devices across a wide range of application areas.
This market research study analyzes the FPGA market on a global level, and provides estimates in terms of revenue (USD Million) from 2013 to 2019. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years. The report segments the market based on technology into Static RAM (SRAM), flash, and antifuse. In addition, the market has been segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World (RoW), and estimated in terms of revenue (USD Million).
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The market has also been segmented on the basis of application into consumer electronics, automotive, industrial, data processing, military and aerospace, telecommunication and others. Each geographic region is estimated on the basis of application in terms of revenue (USD Million). The study offers value chain analysis in order to identify the different players in the industry along with their role in the ecosystem. Further, it includes Porter’s five forces analysis, which determines the degree of competition in the market by analyzing the bargaining power of buyers and suppliers, as well as the threat of new entrants and substitute products.
The market attractiveness tool estimates the attractiveness of the application segments, where they are benchmarked based on their market scope, growth rate, and general attractiveness.
For the original version on PRWeb visit: http://www.prweb.com/releases/2013/11/prweb11294104.htm