Global Programmable Application Specific Integrated Circuit (ASIC) Market Growth (Status and Outlook) 2024-2030

Global Programmable Application Specific Integrated Circuit (ASIC) Market Growth (Status and Outlook) 2024-2030

An application-specific standard product or ASSP is an integrated circuit that implements a specific function that appeals to a wide market.

The global Programmable Application Specific Integrated Circuit (ASIC) market size is projected to grow from US$ 17220 million in 2023 to US$ 22730 million in 2030; it is expected to grow at a CAGR of 4.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Programmable Application Specific Integrated Circuit (ASIC) Industry Forecast” looks at past sales and reviews total world Programmable Application Specific Integrated Circuit (ASIC) sales in 2023, providing a comprehensive analysis by region and market sector of projected Programmable Application Specific Integrated Circuit (ASIC) sales for 2024 through 2030. With Programmable Application Specific Integrated Circuit (ASIC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Programmable Application Specific Integrated Circuit (ASIC) industry.

This Insight Report provides a comprehensive analysis of the global Programmable Application Specific Integrated Circuit (ASIC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Programmable Application Specific Integrated Circuit (ASIC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Programmable Application Specific Integrated Circuit (ASIC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Programmable Application Specific Integrated Circuit (ASIC) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Programmable Application Specific Integrated Circuit (ASIC).

Following a strong growth of 26.2 percent in the year 2021, WSTS revised it down to a single digit growth for the worldwide semiconductor market in 2022 with a total size of US$580 billion, up 4.4 percent. WSTS lowered growth estimation as inflation rises and end markets seeing weaker demand, especially those exposed to consumer spending. While some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.8 percent, Sensors with 16.3 percent, and Logic with 14.5 percent growth. Memory declined with 12.6 percent year over year. In 2022, all geographical regions showed double-digit growth except Asia Pacific. The largest region, Asia Pacific, declined 2.0 percent. Sales in the Americas were US$142.1 billion, up 17.0% year-on-year, sales in Europe were US$53.8 billion, up 12.6% year-on-year, and sales in Japan were US$48.1 billion, up 10.0% year-on-year. However, sales in the largest Asia-Pacific region were US$336.2 billion, down 2.0% year-on-year.

This report presents a comprehensive overview, market shares, and growth opportunities of Programmable Application Specific Integrated Circuit (ASIC) market by product type, application, key players and key regions and countries.

Segmentation by type
Full-custom Design
Gate-array Based
Others

Segmentation by application
Consumer Electronics
Telecommunication
Automotive
Indutrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Infineon Technologies
STMicroelectronics
NXP Semiconductors
ON Semiconductors
Renesas Electronics
Analog Devices
Maxim Integrated

Please note: The report will take approximately 2 business days to prepare and deliver.