The Europe Low-End FPGA Market would witness market growth of 8.9% CAGR during the forecast period (2023-2030).In the year 2020, the Europe market's volume surged to 63.6 million units, showcasing a growth of 5.4% (2019-2022).
Low-end FPGAs are ideal for integration into cars with constrained power supplies because of their low power consumption. To ensure safe driving, for instance, ADAS systems rely on precise and immediate recognition of objects like pedestrians, cars, and barriers. Low-end FPGAs offer the parallel computing and processing power required to carry out challenging algorithms for identifying objects, categorizing, and tracking. By using low-end FPGAs, automakers may effectively integrate ADAS features while maintaining a cost-performance balance.
The Internet of Things ecosystem comprises a vast network of linked objects that collect and send data, enabling frictionless automation and communication. For IoT applications, low-end FPGA offers a number of benefits, including flexibility, low power consumption and the ability to process data in real time. Rapid prototyping and customization are made possible by low-end FPGAs because they let users create and refine hardware functionality to meet particular application requirements. Technological advancements in manufacturing processes, design tools, and topologies have also enhanced low-end FPGAs' performance, power efficiency, and usability.
The expansion of the market is anticipated to be fueled by the expanding number of data centers and high-performance computing facilities. As they handle data from millions of devices and sensors to perform highly optimized autonomous operations, data centers are crucial for the adoption of IoT. Data centers are integrating FPGAs to offload and accelerate particular services.
German exports total about 75 percent, or USD 26.2 billion. The French aerospace industry witnessed growth in 2019 of 13%, reaching €74.3 billion. 73% of revenues originate from the civil sector, while the aerospace and defense aerospace industry exports about 84% of its total revenue. To a total value of €61.9 billion, orders increased marginally in 2019. The market for low-end FPGA is expanding as a result of the region's growing aerospace and military industries as the integration and reliability provided by low-end FPGA to the aerospace & defense sector.
The Germany market dominated the Europe Low-End FPGA Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $304.9 million by 2030. The UK market is exhibiting a CAGR of 8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.7% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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)
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