North America ASIC Chip Market Size, Share & Trends Analysis Report By Type (Semi- custom ASIC, Full custom ASIC, and Programmable ASIC), By End User, By Country and Growth Forecast, 2023 - 2030

North America ASIC Chip Market Size, Share & Trends Analysis Report By Type (Semi- custom ASIC, Full custom ASIC, and Programmable ASIC), By End User, By Country and Growth Forecast, 2023 - 2030


The North America ASIC Chip Market would witness market growth of 7.5% CAGR during the forecast period (2023-2030).

The US market dominated the North America ASIC Chip Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $7,201.5 million by 2030. The Canada market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 8.9% during (2023 - 2030).

As the demand for edge computing intensifies, innovations in ASICs cater to the specific needs of edge devices. Specialized ASICs designed for edge AI applications, including inference engines and neural processing units (NPUs), exemplify the industry's commitment to delivering high-performance computing at the edge of networks. Edge devices operate in diverse and resource-constrained environments, necessitating specialized solutions to meet their unique computational demands. ASICs designed for edge computing are crafted to deliver optimal performance while considering power efficiency, compact form factors, and the ability to operate in harsh conditions.

Additionally, security innovations in ASICs address the growing concerns related to cybersecurity. Secure elements embedded within ASIC designs enhance the protection of sensitive data and cryptographic operations, making ASICs more resilient to potential security threats. Cryptographic operations form a cornerstone of many secure applications, including secure communication, digital signatures, and data encryption. ASICs with embedded secure elements enhance the execution of cryptographic algorithms, bolstering the overall security of these operations. This is particularly vital in industries where data integrity and authenticity are paramount.

In addition, Canada has a robust aerospace manufacturing sector with companies involved in producing aircraft components, avionics, and satellite technologies. The demand for ASIC chips in avionics systems, navigation equipment, and communication systems is driven by the need for innovative and high-performance solutions. As per the data from the Government of Canada, the regional development agencies (RDAs) of Canada implemented the Aerospace Regional Recovery Initiative (ARRI) with a total budget of $250 million over three years (until March 31, 2024). It served as a supplement to the assistance extended to the aerospace sector via the Strategic Innovation Fund and Canada’s COVID-19 Economic Response Plan, respectively, by Industry, Science, and Economic Development (ISED). Therefore, North America’s growing aerospace and automotive sectors will assist in the growth of the regional ASIC chip market.

Based on Type, the market is segmented into Semi- custom ASIC, Full custom ASIC, and Programmable ASIC. Based on End User, the market is segmented into Data Processing Systems, Telecommunication Systems, Aerospace Subsystem & Sensors, Consumer Electronics, Medical Instrumentation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Advanced Micro Devices, Inc.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • ON Semiconductor Corporation
  • Taiwan Semiconductor Manufacturing Company Limited
  • NVIDIA Corporation
  • Intel Corporation
  • Infineon Technologies AG
  • Texas Instruments, Inc.
  • Seiko Epson Corporation
  • BITMAIN Technologies Holding Company
North America ASIC Chip Market Report Segmentation

By Type
  • Semi- custom ASIC
  • Full custom ASIC
  • Programmable ASIC
By End User
  • Data Processing Systems
  • Telecommunication Systems
  • Aerospace Subsystem & Sensors
  • Consumer Electronics
  • Medical Instrumentation
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America ASIC Chip Market, by Type
1.4.2 North America ASIC Chip Market, by End User
1.4.3 North America ASIC Chip Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2024, Feb – 2019, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America ASIC Chip Market by Type
5.1 North America Semi- custom ASIC Market by Country
5.2 North America Full custom ASIC Market by Country
5.3 North America Programmable ASIC Market by Country
Chapter 6. North America ASIC Chip Market by End User
6.1 North America Data Processing Systems Market by Country
6.2 North America Telecommunication Systems Market by Country
6.3 North America Aerospace Subsystem & Sensors Market by Country
6.4 North America Consumer Electronics Market by Country
6.5 North America Medical Instrumentation Market by Country
6.6 North America Others Market by Country
Chapter 7. North America ASIC Chip Market by Country
7.1 US ASIC Chip Market
7.1.1 US ASIC Chip Market by Type
7.1.2 US ASIC Chip Market by End User
7.2 Canada ASIC Chip Market
7.2.1 Canada ASIC Chip Market by Type
7.2.2 Canada ASIC Chip Market by End User
7.3 Mexico ASIC Chip Market
7.3.1 Mexico ASIC Chip Market by Type
7.3.2 Mexico ASIC Chip Market by End User
7.4 Rest of North America ASIC Chip Market
7.4.1 Rest of North America ASIC Chip Market by Type
7.4.2 Rest of North America ASIC Chip Market by End User
Chapter 8. Company Profiles
8.1 Advanced Micro Devices, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Samsung Electronics Co., Ltd. (Samsung Group)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.5 SWOT Analysis
8.3 ON Semiconductor Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Taiwan Semiconductor Manufacturing Company Limited
8.4.1 Company overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 NVIDIA Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Intel Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Infineon Technologies AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Product Launches and Product Expansions:
8.7.5.3 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Texas Instruments, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 SWOT Analysis
8.9 Seiko Epson Corporation
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 SWOT Analysis
8.10. BITMAIN Technologies Holding Company
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
8.10.3 SWOT Analysis

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