The Asia Pacific Low-End FPGA Market would witness market growth of 9.9% CAGR during the forecast period (2023-2030).In the year 2021, the Asia Pacific market's volume surged to 69.0 million units, showcasing a growth of 6.1% (2019-2022).
With the adaptability to various applications, low-cost FPGAs are an affordable substitute for labour-intensive ASIC development. These devices are desirable for developers and manufacturers seeking to quickly manufacture innovative hardware solutions due to their price and versatility.
The increasing number of low-end FPGAs has been largely fueled by the surge in demand for smart technologies and the requirement for quick prototyping and customization. It enables organizations and people to create smart goods that improve connectivity, effectiveness, and general usefulness across various industries.
The market for low-end FPGA is expanding due to the increased use of semiconductors in advanced driver assistance systems. ADAS technologies such as collision avoidance systems, lane departure warning systems, adaptive cruise control, and automated parking systems require high-performance and real-time processing capabilities. Low-end FPGAs are a good substitute since they can handle complex algorithms and data-intensive tasks effectively. Low-end FPGAs' programmability allows algorithm customization and optimization to meet certain ADAS requirements.
The automobile sector is the largest industry in Japan, employing 5.4 million people, or about 8% of the total workforce. The most recent data (2018) indicates that over 17 trillion JPY (or $160.5 billion), or nearly 21% of all Japanese exports, are related to the automotive industry. The Japanese auto industry has undergone significant transformation over the previous ten years, as evidenced by the total domestic production of cars decreased to 1.8 million units while total exports increased by 8.3 million units. The market for low-end FPGA will expand due to its ability to offer a high-quality security engine and the expanding automotive sectors.
The China market dominated the Asia Pacific Low-End FPGA Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $361.3 million by 2030. The Japan market is registering a CAGR of 9.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 10.6% during (2023 - 2030).
Based on Technology, the market is segmented into SRAM, Antifuse, Flash, EEPROM, and Others. Based on Application, the market is segmented into Telecommunication, Aerospace & Defense, Industrial, Automotive, Consumer Electronics, Data Center, Medical, and Others. Based on Node Size, the market is segmented into 28-90 nm, Less Than 28 nm, and More Than 90 nm. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Low-End FPGA Market is Projected to reach USD 4.6 Billion by 2030, at a CAGR of 9.4%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Intel Corporation, Advanced Micro Devices, Inc., QuickLogic Corporation, Microchip Technology Incorporated, Lattice Semiconductor Corporation, Efinix, Inc., Flex Logix Technologies, Inc., Achronix Semiconductor Corporation, Enclustra GmbH and GOWIN Semiconductor Corp.
By Technology
By Application (Volume, Million Units, USD Million, 2019-2030)
By Node Size
By Country (Volume, Million Units, USD Million, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
