Field-Programmable Gate Array (FPGA) Market Share Anticipated to Climb to USD 13.46 Billion by 2030

The Field-Programmable Gate Array (FPGA) Market Share is expected to reach USD 13.46 Billion in 2030 at a CAGR of 8.6% from USD 7.55 Billion in 2023. The main reason behind this growth is the increasing high-performance computing needs of many industries.



Factors fueling demand in the Market and Market Opportunities

The growing need for high-performance computing powered by artificial intelligence, the data center, and telecommunications sectors continues to drive strong growth in FPGAs. FPGAs provide the re-programmable capabilities required in these industries with flexible and efficient processing solutions to meet their rapid evolution requirements. Moreover, the trend of quickly expanding 5G networks has created additional demand for FPGAs, as they are well suited to the complex signal processing required by 5G infrastructure. With the push towards more advanced driver assistance systems (ADAS) and autonomous vehicles the automotive industry also represents a valuable high-growth sector for FPGA providers due to the demand for high performance real-time processing and adaptability in automotive electronics.

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Segmentation Analysis

FPGA Market is segmented by Applications, Technology and Regions.

by Application: Telecommunications is the major application where the demand of FPGA market earned more than 33% of the whole share market in the year 2014 which is likely to continue same over the forecast period. The demand for high bandwidth for video applications is behind this dominance. The automotive segment is expected to achieve robust growth as it accounts for a market share of nearly 17% in 2014 and has an anticipated CAGR of response approximately around 8.5%. The need for this growth stems from the increasing number of electronic components that are being incorporated into vehicles to improve features like infotainment systems, navigation systems, and safety systems.

by Technology: SRAM based FPGAs Continue to be the Fastest Growing Segment of the Market. FPGAs with static random-access memory-based configuration provide the benefits of reprogrammability and flexibility. Although, they need a continuous power supply in order to work because of their volatile nature. SRAM-based FPGA are being increasingly halfway to use for their high performance, which makes them well suited for application which needs frequent updates and reconfigure.

Country-Level Analysis

U.S.: Being the global technology hub, a considerable portion of the FPGA market falls in the U.S., which is fueled by technological innovations and huge investments in telecommunications, aerospace, and defense. The combination of a strong research and development ecosystem and large players in the industry drives innovation and accelerates the deployment of FPGA technologies.

China is the most revenue holder of the Asia-pacific due to continuous investment and government initiative for making self dependent in important technologies like semiconductors. Texas Instruments announces +40% growth outlook for 5nm DRAM — MacDailyNews, December 28, 2021 In April 2023, Guangdong province in China announced the second phase of a semiconductor fund totalling more than USD 4.3 billion to strengthen its domestic FPGA market.

Germany: With its strong automotive manufacturing base, FPGAs in Germany are becoming more common for the development of advanced driver assistance systems and autonomous vehicle technologies. Host of the Industry-4.0 and Automation culture in the country will subsequent boost its industrial application driven demand for FPGAs.

Japan: With a solid base and history in electronics, Japan is using FPGAs in consumer and automotive products. With ongoing developments in robotics and automation, the FPGA market in the country is likely to be driven by growing applications for flexible and scalable processing solutions.

South Korea has a strong semiconductor and consumer electronic market and FPGAs in South Korea are being used to maximize or improve product features and performance. Investment in 5G infrastructure and artificial intelligence adds momentum for FPGA uptake in the country.

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Competitive Analysis

Competitive Landscape of the FPGA Market: Mergers/Acquisitions & Product Launches The FPGA market trend appears to be moderately competitive with several large players operating in the market and innovative product launches undertaken for regional and global growth. Some of the prominent players in the global market include:

Intel Corporation, which has a wide spectrum of FPGAs for different industries.

Advanced Micro Devices, Inc. AMD has scored closely in the FPGA space lately, thanks in part to its acquisition of Xilinx and boosting its adaptive computing abilities.

Microchip Technology Inc.: Microchip Technology, with a complete FPGA solution all-in-one supplier, covers many fields such as automotive, industrial, data centers, and aerospace.

Lattice Semiconductor Corporation Lattice opened its IPO on the NASDAQ trading platform at a price of USD 5.50 per share to specialize in low-power FPGAs for solution in consumer electronics and industrial applications.

Qualcomm Technologies, Inc. — Qualcomm has been a mobile-focused company for a while, but in order to expand its portfolio, Qualcomm decided to also enter the FPGA market.

In April 2023 Lattice Semiconductor offrred the Lattice MachXO5T-NX, a new system control FPGA that targets complexity in system management design. This reinforces the company's priority towards innovation and catering to the changing needs of its customers.

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Conclusion

An upcoming report from Mordor Intelligence forecasts the global FPGA market to have a compound annual growth rate (CAGR) of 8.8% from now until 2027 driven by technology advancements and a higher demand for flexible and higher performance computing solutions across multiple sectors. With the evolution of sectors like telecommunications, automotive & consumer electronics, the importance of FPGAs is only going to increase. By prioritizing innovation, strategic investment, and diversification in their client bases, companies that operate in this space are positioned to seize emerging opportunities.

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Semiconductor Materials Market https://www.maximizemarketresearch.com/market-report/global-semiconductor-materials-market/66223/ 

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