Field Programmable Gate Array Market

Latest report on Field Programmable Gate Array Market size with growing CAGR of 9.6% by 2027

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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.

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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

FPGA Technology Outlook

  • SRAM
  • EEPROM
  • Antifuse
  • Flash
  • Others

FPGA Application Outlook 

  • Consumer Electronics
  • Automotive
  • Industrial
  • Data Processing
  • Military & Aerospace
  • Telecom
  • Others

FPGA Regional Outlook 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East & Africa

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.

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