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Field Programmable Gate Array (FPGA) are the semiconductor devices, based around a matrix of configurable logic blocks (CLBs) connected through programmable interconnects. Basically, it is a semiconductor IC where large majority of electrical functionality inside the device could be changed by design engineer during PCM assembly process or could even be changed after equipment has been shipped to customers out in the field. FPGA provides multiple benefits to designers which includes electronic equipment, smart energy grid, medical ultrasound, automotive driver’s assistance, and data center search engines.

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The key factors proliferating the growth of the FPGA market includes incorporation of FPGA in ADAS, ease of programming and faster time to market for FPGA than ASIC, and growing adoption of AI and IoT worldwide. Incorporation of new technologies with intelligent machines has created world-transforming combination. Eventually, things are becoming smarter and are transforming the business. Business across the world are collecting data with the help of multiple connected devices. With the usage of applications based on AI and IoT, the companies are reaching higher level of functional and commercial expertise. The new technically advanced systems are helping businesses to get meaningful insights from large amount of increasing data to reform the business. Increasing adoption of AI and IoT, help businesses to examine data, understand customer needs, and also helps industries to prepare products and services to meet customer requirements. Along with increasing usage of AI and IoT, businesses have started adopting FPGA devices for processing rather than opting for GPUs. FPGA devices add a significant increase in the number of parallel computational elements, that could be put into more optimal configurations. Additionally, to be successful inferencing requires low latency and flexibility. FPGA ensures flexibility and provides custom parallelism and high-bandwidth memory required for real-time inferencing of the model. Hence, increasing usage of FPGA devices in AI and IoT is fuelling the growth of the market. On contrary, high power consumption and raising cost of FPGA implementation might hamper the growth of the market.

Based on node size, the market is segmented into less than 28nm, 28-90nm and more than 90 nm. Among these, the less than 28nm node size FPGA segment is expected to observe higher CAGR during the forecast period attributed to investments and growing product developments. Less than 28nm node size FDGA provides unparalleled combination of low system cost and high functionality. Moreover, adoption of 10nm node size FPGA in high-end applications including, 5G networking, edge computing, and data centers are accelerating the growth of the segment.

On the basis of vertical, the market is segmented into telecommunication, consumer electronics, test, measurement & emulation, data centers & computing, military & aerospace, industrial, automotive, healthcare, multimedia, and broadcasting. Among these, the automotive industry would witness higher CAGR during the forecast period. FPGA aids automotive manufacturers and OEMs, to develop innovative safety applications including, adaptive cruise control, ADAS system, blind-spot warning, and collision avoidance as FPGA device provides low power consumption, high reliability, and security features. Such properties of FPGA devices, are increasing the demand of the market in automotive industry.

On the basis of region, North America is anticipated to lead the market during the forecast period attributed to the high demand of FPGA from telecommunication industry in the region. Asia-Pacific is expected to grow at a higher CAGR during the forecast period attributed to the increasing number of automotive, consumer electronics, and others in the region.

The major players operating in FPGA market includes Xilinx Inc., Intel Corporation, Microchip Technology Inc., Lattice Semiconductor Corporation, QuickLogic Corporation, Efinix Inc., Flex Logic Technologies Inc., GOWIN Semiconductor Corporation, S2C Inc. and Achronix Semiconductor Corporation among others.

Key Developments:

    • In 2019, Intel Corporation acquired Omnitek Inc., a U.K. based vision and video-based FPGA provider. With this acquisition, Intel Corporation leveraged Omnitek Inc’s services for vision, video, and AI inferencing applications.
    • In 2018, Microchip Technology Inc. acquired Microsemi Corporation. With this acquisition, Microsemi Corporation enhanced product portfolio, operational capabilities, end-market diversification, and customer scale of Microchip Technology Inc.

The Global FPGA market has been segmented based on Configuration, Node-Size, Technology, Vertical, and Region. Based on Configuration, the market is segmented into Low-End, Mind-Range, and High-End. Based on Node Size, the market is segmented into Less than 28nm, 28-90nm and More than 90 nm. Based on Technology, the market is segmented into SRAM, Flash, and Antifuse. Based on Vertical, the market is segmented into Telecommunication, Consumer Electronics, Test, Measurement & Emulation, Data Centers & Computing, Military & Aerospace, Industrial, Automotive, Healthcare, Multimedia, and Broadcasting.

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