The North America Low-End FPGA Market would witness market growth of 8.8% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 79.5 million units, showcasing a growth of 5.2% (2019-2022).
A low-end Field-Programmable Gate Array (FPGA) is a type of FPGA that has fewer features and a smaller amount of logic capacity than its higher-end equivalents. FPGAs are integrated circuits that may be programmed to create unique digital logic circuits. As a result, they are adaptive and flexible enough to be used in various applications, including data centers, automobiles, industrial control, and telecommunication.
Low-end FPGAs are frequently designed for easier and smaller-scale projects that don't require a lot of logic capacity or sophisticated features. These FPGAs are suitable for consumers, students, and small-scale applications with limited resources because they are frequently less expensive and simpler to operate. Smart homes, smart cities, industrial automation, Internet of Things (IoT) devices, and wearable technology are examples of the multiple uses for which smart technologies can be deployed.
The U.S. Environmental Protection Agency (EPA) will launch the first Smart Home Energy Management System (SHEMS) for mass-market homes in June 2023. This certification allows homeowners and renters across the nation to choose solutions that help them simplify the administration of networked goods to conserve energy, save money, and protect the environment. Smart home technologies are becoming more and more popular across the nation. As the growing initiatives towards environment protection and the adoption of smart cities are growing, which is anticipated growth in the market of low-end FPGA in this region.
The US market dominated the North America Low-End FPGA Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,153.1 million by 2030. The Canada market is experiencing a CAGR of 11.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 10.3% 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 U.S., Mexico, Canada, and Rest of North America.
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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