Application Specific Integrated Circuit Market Size, Key Players Analysis and Forecast To 2027 | Value Market Research
Market Overview
Market Research Future (MRFR) reveals different controlling forces and states their impact on the global Application Specific Integrated Circuit market 2020, in the recently published report. As per MRFR study, the expansion of the application specific integrated circuit (ASIC) market can rise at 9% CAGR across the analysis period 2017-2023. The application specific integrated circuit can worth USD 32 Billion by 2023.
The integrated circuit is emerging as the next generation smartphones. The growing popularity of ASIC due to its benefits, such as lightweight, compact size, low-cost, long battery life, and high-bandwidth can promote the expansion of the ASIC market through the analysis period. The increase in the superior system reliability among vendors can impel the expansion of the Application Specific Integrated Circuit Market in the years to come. The penetration of ASIC in large system on chip (SoC) and mixed-signal designs can impel the expansion of the market across the analysis period, reveals MRFR market study. The increase in ASIC application in the healthcare sector in equipment such as ultrasound machine electrocardiography (ECG) machine, computed tomography (CT) machine, and digital X-ray can impel the rise of the market in the years to come.
Segment Evaluation
The segment assessment of the global application specific integrated circuit market is done by application and product type. The product type based segments of the application specific integrated circuit market are semi-custom design ASIC, full custom design ASIC, and programmable ASIC. The semi-custom design ASIC sub-segments are gate array based ASIC and standard cell based ASIC. The application based segments of the application specific integrated circuit market are industrial, IT & telecommunication, automotive, and consumer electronics among others. The consumer electronics segment can stir up high revenue for the worldwide market in the analysis period. Among all the product type based segments of the application specific integrated circuit market, the Standard cell based ASIC segment can garner the highest share of the global market in the years to come.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5611
Regional Study
Asia Pacific application specific integrated circuit market is expected to secure the highest share of the global market in terms of value across the analysis period. The increase in the installation of application specific integrated circuit consumer electronics, such as display system, smartphones, and other electronics goods can impel the expansion of the application specific integrated circuit market through the review period. The presence of robust technological advancements across the semiconductor industry can impel the rise of the regional market though the analysis period. The increase in the penetration of application specific integrated circuits in Japan and China can promote the expansion of the market in the years to come. In Europe, the high application of consumer goods is creating high demand for application specific integrated circuits, thus can impel their market across the review period suggests MRFR regional findings. In APAC, the rise of the application specific integrated circuit market can be attributed to the booming consumer electronics sector in the region. The high ingression of smart phones, smart watches and other related wearables can spur the expansion of the application specific integrated circuit market through the review period.
Key Players
Texas Instruments Inc. (U.S.), Intel Corporation (U.S.), Infineon Technologies AG (Germany), STMicroelectronics N.V (Switzerland), Renesas Electronics Corporation (Japan), ON Semiconductor (U.S.), Maxim Integrated Products Inc. (U.S.), Analog Devices, Inc.(U.S.), NXP Semiconductors N.V (The Netherlands), Linear Technology Corporation (U.S.), and Qualcomm, Inc. (U.S.) among others are reputed players functioning in the application specific integrated circuit market as listed by MRFR.
Get Complete Report @ https://www.marketresearchfuture.com/reports/application-specific-integrated-circuit-market-5611
*If you have any special requirements, please let us know and we will offer you the report as you want.
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Information:
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com