Stratview Research has published a new report titled “Field Programmable Gate Array Market” which is segmented by Technology Type (SRAM, EEPROM, Antifuse, Flash, and Others), by Configuration Type (Low-end, Mid-range, and High-end), by Node Size (Less Than 28 nm, 28–90 nm, and More Than 90 nm), by Application Type (Consumer Electronics, Automotive, Industrial, Data Processing, Aerospace & Defense, Telecom, and Others), by Memory Type (Distributed Memory, Block Memory), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the market is expected to reach USD 13.6 billion by 2028 from USD 6.9 billion in 2022 at a CAGR of 12.02% during the forecast period of 2023-2028.

A field programmable gate array (FPGA) is a semiconductor device or a programmable integrated circuit (IC), which can be reprogrammed according to preferred functionality or application requirements such as Application Specific Integrated Circuits (ASICs) which remain function specific.

FPGAs offer a host of advantages such as rapid prototyping, easy debugging, low cost, and lower danger of product obliteration.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

By Technology Type

The market into segmented as SRAM, EEPROM, anti-fuse, flash, and others. 

The SRAM (Static Random-Access Memory) segment held the largest share of the market in 2022. The dominance of the segment is mainly because it offers better flexibility, re-programmability, high integration, and high performance for various applications.

SRAM-based field programmable gate arrays are widely adopted for aerospace & defense, telecom and wireless communication systems, and consumer goods applications which are contributing a healthy growth in the market.

By Application Type

The market is segmented into consumer electronics, automotive, industrial, data processing, aerospace & defense, telecom, and others. 

The telecom segment held the largest share of the market in 2022. The dominance of the segment is mainly due to the vast usage of field programmable gate arrays in wireless communication and telecommunication applications for applications such as data packet switching, packet processing, and optical transport network.

The advent of the 5G network is likely to drive the growth of the segment as it offers reconfigurability, flexible hardware accelerators, high-speed switching, and low latency operation at low costs.

Which Region is expected to remain the largest market?

Asia-Pacific is estimated to be the largest market during the forecast period, with China, India, and Japan being the countries with lucrative growth opportunities.

The growth of the region’s market is mainly driven by the presence of major semiconductor foundries such as Taiwan Semiconductor Manufacturing Company, Limited (TSMC), United Microelectronics Corporation (UMC), and Samsung Foundries in the region.

The dependency of various industries on data centers and cloud-based computing technology is also contributing to the growth of the region’s market. The initiatives undertaken by countries to deploy 5G networking services in the region are a key growth factor for the market.

Who are the Key Players in the Market?

This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key players active in the Field Programmable Gate Array Market:

• Cobham Limited
• Intel Corporation
• Xilinx, Inc.
• Microchip Technology Inc.
• Cypress Semiconductor Corporation
• Lattice Semiconductor Corporation
• Achronix Semiconductor Corporation
• Quick Logic Corporation
• Taiwan Semiconductor Manufacturing Company, Limited
• Texas Instruments Inc.

Key questions answered by the report:

• What is the projected CAGR for revenue from the Field Programmable Gate Array Market during the forecast period?
• What would the market be valued at by 2028?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Field Programmable Gate Array Market?
• Which are the major market players?

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