Field Programmable Gate Array Market Size, Share, Growth, Trends, Company Analysis, Regional Insights and Forecast 2020 - 2027

The global Field Programmable Gate Array market size is expected to be worth around US$ 18.7 billion by 2027, according to a new report by Vision Research Reports.

The global Field Programmable Gate Array market size was valued at US$ 9.0 billion in 2019 and is anticipated to grow at a CAGR of 9.6% during forecast period 2020 to 2027.

Growth Factors

The growing adoption of field programmable gate array (FPGA) in areas of security, network processing, and deep packet inspection is anticipated to drive their demand over the forecast period. They offer capabilities such as high compute density and low power consumption, which make them the preferred architecture for various applications requiring heavy data flow and streaming data processing. Increasing adoption of FPGAs in the military and aerospace application areas such as waveform generation, image processing, and secured communication is expected to drive the FPGA market growth over the next few years.

The increased adoption of field programmable gate array (FPGA) across networking, data center, and (IoT) is projected to drive the industry growth over the forecast period.

Growing application of the FPGAs in the aerospace and military sector to develop drone systems for flight control, sensor interfacing, and image processing is driving the industry growth. Flash-based field programmable gate arrays are resistant to radiation-induced configuration shocks and also offer efficient functionality at high altitudes. The flash segment is anticipated to witness a substantial growth over the forecast period, owing to their abilities of consuming less power and delivering security, safety, and reliability throughout the design and deployment process.

Report Highlights

Technology Insights

The Static Random-Access Memory (SRAM) segment accounted for the largest revenue share in 2019, as it offers better flexibility, re-programmability, high integration, and high performance for various applications. Wide adoption of SRAM-based field programmable gate arrays in military and aerospace, telecom and wireless communication systems, and consumer goods is contributing to the segment growth. The anti-fuse FPGAs are more robust than SRAM-based arrays, particularly in radiation environments. The segment is expected to witness significant growth over the forecast period owing to the faster boot time and higher reliability.

Flash-based FPGAs are anticipated to be the most prominently used technology over the forecast period. The segment is witnessing high demand as key players are upgrading their portfolio of flash field programmable gate arrays to cater to the growing application base. For instance, in October 2019, Lattice Semiconductor Corporation launched the CrossLinkPlus flash field programmable gate array family for the embedded vision system based on MIPI D-PHY interface. They provide improved display and sensor bridging, which is a requisite for the automotive, industrial, consumer, and computing applications.

The Electrically Erasable Programmable Read-Only Memory (EEPROM)-based FPGAs are likely to witness sluggish growth over the forecast period owing to rapid increase in usage of newer technologies such as SRAM and Flash. The slow growth over the next few years could be attributed to unceasing improvements in the new technologies, which are nonvolatile in nature, more flexible with respect to application requirements, and less power consuming.

Application Insights

The telecom sector accounted for the largest revenue share in 2019 and is anticipated to maintain its dominance over the forecast period. Vast usage of field programmable gate arrays in wireless communication and telecommunication sectors for several applications such as data packet switching, packet processing, and optical transport network is propelling the FPGA market growth. Moreover, they also provide bandwidth to telecom service providers to generate compatible networks from 3G to LTE and further. Advent of 5G network is expected to drive the FPGA growth further from 2020 to 2027 as they offer configurability, flexible hardware accelerators, high-speed switching, and low latency operation at low costs.

The military and aerospace segment is expected to grow at a substantial rate over the forecast period. Emergence of embedded field programmable gate array has particularly favored the aviation and defense industry by offering even better integration, reliability, and low power option over the traditional FPGAs. The Boeing company embraced e-FPGAs in 2018 for applications including encryption and decryption, which require high bandwidth input-output. FPGA manufacturers are innovating and developing state-of-the-art products for the growing need of this sector. For instance, Microchip Technology Inc. started working on the radiation tolerant, RT PolarFire FPGA for high-speed data paths in spacecraft applications and expects the product availability for space-flight deployment by 2021.

There has been a surge in the use of field programmable gate array in the consumer electronic industry, especially for gaming and computer devices. Mobile phone manufacturers are widely using FPGAs owing to their small size and low power consumption. The FPGAs perform Digital Signal Processing (DSP) functions such as signal processing and image enhancement in smartphones.

The ever-increasing number of smartphone users is also expected to provide new growth avenues for key market players. Several industrial application areas such as Industrial Internet of Things (IIoT), smart energy, and automation use FPGAs to enable system designers to meet evolving standards, thus increasing the scalability and performance while reducing the costs. The fourth generation of automation with even more advanced computing capacities is expected to drive industry growth.

Regional Insights

The Asia Pacific region accounted for the largest revenue share of the field programmable gate arrays industry in 2019 and is expected to continue its dominance over the forecast period. China accounted for the largest revenue share in the region due to persistent investments and initiatives undertaken by the government to augment the industry growth. For instance, in March 2018, China set up a government-backed semiconductor fund of USD 28.9 billion to nurture its national chip industry. This initiative focuses on developing FPGAs, core processing units, and memory chips to create new opportunities in the market.

The North America regional market captured a revenue share of over 25.0% in 2019. Within the region, Mexico is expected to witness significant growth due to its flourishing automobile industry. The Semiconductor Industry Association (SIA), declared the signing of the U.S.-Mexico-Canada Agreement (USMCA) in November 2018. The USMCA ensures that more tech products like semiconductors made in America can be shipped to clients worldwide, by encouraging free trade. Such contracts are expected to drive the market growth over the coming years.

The South America region is anticipated to gain limelight as there is a boost in the automobile, industrial, and aerospace sector, especially in Brazil. Furthermore, tech companies are shifting and expanding their data center capacities to Middle East & Africa, which is expected to result in high growth prospects for the regional field programmable gate array demand. For instance, in 2019, Microsoft Corporation initiated data centers in the UAE and Amazon.com, Inc. launched three availability zones in Bahrain. Expansion of data centers in the region is expected to significantly cater to market growth.

Key Players

• Intel Corporation

• Xilinx, Inc.

• Qualcomm Technologies, Inc.

• NVIDIA Corporation

• Broadcom

• AMD, Inc.

Market Segmentation

The Field Programmable Gate Array market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Field Programmable Gate Array market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Field Programmable Gate Array market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Field Programmable Gate Array market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Field Programmable Gate Array market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Field Programmable Gate Array capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Field Programmable Gate Array by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Field Programmable Gate Array market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Field Programmable Gate Array market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Field Programmable Gate Array market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Field Programmable Gate Array industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Field Programmable Gate Array market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Field Programmable Gate Array market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Field Programmable Gate Array market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Field Programmable Gate Array market. These factors have benefited the growth of the global market for Field Programmable Gate Array. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Field Programmable Gate Array. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Field Programmable Gate Array are as follows:

• Historic Year: 2016-2019
• Base Year: 2020
• Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.