FPGA Market Development, Overview and Forecast upto 2031
Transparency Market Research delivers key insights on the global FPGA market. In terms of revenue, the global FPGA market is estimated to expand at a CAGR of 8.1% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global FPGA market.
The global FPGA market is broadly affected by several factors, including a rise in the demand for SRAM-based FPGAs.
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FPGA Market: Dynamics
Field Programmable Gate Arrays (FPGAs) are semiconductor devices consisting of configurable logic blocks (CLBs) connected via programmable interconnects. FPGAs are reprogrammable for specific functionality requirements after fabrication.
The global FPGA market is estimated to expand considerably in the near future due to an increase in penetration of SRAM-based FPGA devices. SRAMs are the most commonly used technology for programming FPGAs. SRAM-based FPGAs comprise data logical cells in static memory, as SRAM is volatile without a power source. There are basic modes for programming, such as the master mode in which FPGAs study configured data from the external flash memory chip; and slave mode in which FPGAs are configured by a master processor, which is dedicated via interfaces for scanning data. This propels the demand for SRAM-based FPGAs in the global market.
Moreover, extensive adoption of SRAM-based FPGAs in military & aerospace applications, wireless communication systems, and consumer electronics offer considerable opportunities for the global FPGA market. Furthermore, applications of SRAM FPGAs in harsh radiation environments is increasing presently. Thus, a rise in the demand for SRAM-based FPGAs is expected to fuel the FPGA market.
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FPGA Market: Prominent Regions
The FPGA market in Asia Pacific is estimated to expand during the forecast period, owing to the presence of key market players, technological advancements, and countries, such as the China, Japan, Taiwan, and South Korea who are offering ample and lucrative opportunities for manufacturers on a long-term basis owing to a rise in data centers in the region. Asia Pacific held a prominent share due to an increase in government initiatives and a rise in number of research institutes. Expansion of IT & telecommunication and consumer electronics industries coupled with the presence of a well-established supply chain network catering to a wide range of end-users is expected to propel the demand for FPGA; consequently, driving the global FPGA market. China accounted for a prominent share, in terms of value, among all countries. The FPGA market in Asia Pacific is expanding at a prominent CAGR during the forecast period, owing to the presence of a large number of players manufacturing and growth opportunities offered to FPGAs in the region.
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FPGA Market: Key Players
Key players operating in the global FPGA market are Xilinx, Inc., Intel Corporation, Microchip Technology Inc., Lattice Semiconductor Corporation, QuickLogic Corporation, Efinix Inc., Flex Logix Technologies, GOWIN Semiconductor Corporation, Achronix Semiconductor Corporation, Microsemi Corporation, and S2C, Inc.
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