Global Programmable Application Specific Integrated Circuit (ASIC) Market 2024-2028

Programmable Application Specific Integrated Circuit (ASIC) Market 2024-2028

The programmable application specific integrated circuit (ASIC) market is forecasted to grow by USD 1933.1 mn during 2023-2028, accelerating at a CAGR of 8.3% during the forecast period. The report on the programmable application specific integrated circuit (ASIC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for customizable ics, integration of advanced technologies in smartphones, and innovations in semiconductor fabrication processes.

Technavio's programmable application specific integrated circuit (ASIC) market is segmented as below:

• By Application
• Consumer electronics
• Telecommunication
• Automotive
• Others
• By Geographical Landscape
• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the growing adoption of programmable application specific integrated circuit (ASIC) in industrial robots as one of the prime reasons driving the programmable application specific integrated circuit (ASIC) market growth during the next few years. Also, growing integration of ics in automobiles and shifting trend towards sustainable production of ic chips will lead to sizable demand in the market.

The report on the programmable application specific integrated circuit (ASIC) market covers the following areas:

• Programmable Application Specific Integrated Circuit (ASIC) Market sizing
• Programmable Application Specific Integrated Circuit (ASIC) Market forecast
• Programmable Application Specific Integrated Circuit (ASIC) Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading programmable application specific integrated circuit (ASIC) market vendors that include Achronix Semiconductor Corp., ams OSRAM AG, Analog Devices Inc., Avnet Inc., Cobham Ltd., EnSilica Ltd., GOWIN Semiconductor Corp., Honeywell International Inc., Infineon Technologies AG, Intel Corp., Lattice Semiconductor Corp., MegaChips Corp., Microchip Technology Inc., ON Semiconductor Corp., Qualcomm Inc., QuickLogic Corp., Renesas Electronics Corp., Socionext Inc., and Texas Instruments Inc.. Also, the programmable application specific integrated circuit (ASIC) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.