Field Programmable Gate Array (FPGA) is an integrated circuit or semiconductor device that is an essential part of any electronic device. They can be reprogrammed for desired functionality even after manufacturing. Moreover, its advantages like fast and efficient processing, simple design cycle, field re-programmability, fast time-to-market, and lower non-recurring expenses make it suitable for use in electronic devices. Furthermore, higher demand for ICs that are efficient, high in performance, and can be customized are likely to boost the market for FPGAs across many industries such as automotive, consumer electronics, medical, telecommunication, and aerospace & defense among others.

Key Drivers

The growth of the global FPGA market is primarily influenced by the following factors:

• Growing demand for wireless communication and OTN
• Lower costs of NRE per design
• Rise in demand for advanced driver assistance systems (ADAS)
• Faster time-to-market

Moreover, it is a fast paced market and offers highly differentiated products that can be reused, thereby attracting many industrial verticals towards this market. However, the growth of this market may be restricted by inability of FPGAs to substitute the ASIC devices, higher costs during initial phases, and lack of new startups.

Market Forecasts

Projected to grow at a CAGR of 7.41% during the forecast period, the field programmable gate array (FPGA) market which was valued at USD 3.92 billion in 2014 is estimated to be valued at USD 7.23 Billion by 2022. Among regions, Asia-Pacific held the majority of the market share in 2015 and is also estimated to grow at the highest CAGR over the forecast period, with China expected to lead the market in terms of share, whereas other countries such as India, South Korea, Indonesia, and other countries are expected to register a high growth.

Among verticals, the telecommunication sector held the highest market share in 2015, whereas the automotive sector is expected to grow at the highest CAGR over the forecast period. Based on type, the high-end FPGA segment accounted for the largest market share, and is expected to continue showing this trend over the coming years as well.

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Research Scope

The forecasting of the global FPGA market has been done by breaking it down into following segments and sub-segments:

• Type: High-end, Mid-end, Low-end FPGAs
• Technology Node: 130nm, 90nm, 45/40 nm, 28nm-10nm
• Architecture: SRAM-based, Flash-based, Antifuse-based FPGAs
• Vertical: Telecommunication, Automotive, Medical, Industrial, Aerospace & Defense, Computing & Data Center, Consumer Electronics
• Geography: North America, Europe, Asia-Pacific, RoW

The key players included in the global market for FPGA are Xilinx Inc. (U.S.), Altera Corporation (U.S.), Microsemi Corporation (U.S.), Lattice Semiconductor (U.S.), Achronix Semiconductor Corporation (U.S.), Atmel Corporation (U.S.), and S2C Inc. (U.S.) among others.