Global Application-Specific Integrated Circuit Market By Product Type (Full Custom ASIC, Semi-Custom ASIC, and Programmable ASIC), By Application (Telecommunication, Consumer Electronics, Automotive, and Other Applications), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
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- 1. Report Overview
- 2. Global Application-specific Integrated Circuit Market Scope:
- 3. Products Type Analysis:
- 4. Application Analysis:
- 5. Key Market Segments:
- 6. Market Dynamics:
- 7. Regional Analysis:
- 8. Key Regions and Countries covered іn thе rероrt:
- 9. Market Share & Key Players Analysis:
- 10. Маrkеt Кеу Рlауеrѕ:
- 11. Rеаѕоnѕ tо Gеt thіѕ Rероrt:
- 12. What are the Key Data Covered in this Application-specific integrated Circuit Market Report?
- 13. Тhе Anаlуѕіѕ Obјесtіvеѕ оf thе Rероrt аrе:
The global market for application-specific integrated Circuits was worth US$ 15,214 million in 2022. The market is expected to expand at a 6.8% CAGR between 2023 and 2032.
The market will experience an increase in demand due to the increased use of ASICs within consumer electronics such as smartphones, smartwatches and tablets. ASICs are integrated circuits specifically designed for one purpose or another. These Integrated Circuits (ICs), are used to combine all of the electronic components on one chip. These circuits can combine functions from many smaller and larger integrated circuits onto one chip. The entire system can be integrated on one chip. These ICs are used in many industries such as automotive, electronics, and medicine.
Global Application-specific Integrated Circuit Market Scope:
Products Type Analysis:
In 2021, semi-custom ASICs accounted for 49.8% global market share. They will be leading the market for application-specific, integrated Circuits in the forecast period. The segment’s growth is due to its simplicity and a broad range of applications. Semi-custom ASIC is further sub-segmented into array-based ASIC and cell-based ASIC. The largest share of cell-based ASIC was 78.1% in 2021. Its digital-logic features, as well as electrical features such as inductance and capacitance, are responsible for this. These features allow for higher component density and electrical performance. These cell-based ASICs can work in any product regardless of its complexity. They are equipped with advanced integrated static random-access memory and internet protocol cores that aid in smooth operation.
It is predicted that the market for full-custom ASICs will grow significantly by 2032. These ICs are more reliable, faster and offer intellectual property protection. They also use less power. Designers can modify logic cells, circuits, layouts, and circuits with the full-custom ASIC. This allows for a reduction in processing time and reduces risk. Due to their complex design, these custom-made integrated circuits take eight weeks. This takes longer than semi-custom ASICs.
Globally, the consumer electronics market held 36.3% of the total market in 2021. ASICs are becoming more common in mobile devices, including tablets and phones. This will offer significant growth opportunities for all stakeholders in the value chain. These ASICs are very efficient and offer IP security and low power consumption. They are smaller, more powerful, and have a lower cost of manufacturing. This has resulted in the higher use of ICs within consumer electronics. The rapid advancement of electronic devices has allowed for stability and efficiency. This is what is driving the demand for application-specific circuits. These ICs are used not only in consumer electronics but also in many other verticals such as telecommunications, industrial and healthcare.
The forecast period will see significant growth in the ASIC market in the industrial sector. Applications-specific integrated circuits replace conventional components like solder joints or PCB traces. This allows for lower failure rates and reliable industrial systems. The increased use of components like microcontrollers, programmable timers, and thermal regulators for industrial applications is driving the market. There are many companies that make IC chips for industrial purposes. Custom Silicon Solutions, Inc., is a semiconductor company that offers customized “Mixed-Signal” technology. The CSS555C industrial-application-specific integrated circuit of the company is an upgraded version of its 555 timers. The industrial ASIC CSS555C draws 11% more power than other devices with 555 timers.
Key Market Segments:
By Product Type:
Full Custom ASIC
The demand for smartphones and tablets will continue to drive the market for application-specific integrated chips over the forecast period. According to Market.us, 91% of mobile phone owners will own a smartphone by 2032. To meet the battery life requirements of next-generation smartphones, integrated circuits will need to be low-cost, high bandwidth, small-sized and lightweight.
With the advent of smart devices, including televisions, digital cameras and laptops, there is a growing demand for integrated circuits. These devices feature advanced technology such as touch screens, flat screens, and displays.
They also have Bluetooth functions. ASICs are growing in demand for electronic components. This is due to mechatronics’s increasing use in automotive and industrial applications.
Initial designs for application-specific circuits were created for consumer electronics and telecommunications equipment. These ICs are used in automotive emission control, sensors and personal digital assistants. They also can be used to make military and defence equipment.
Due to the widespread usage of these ICs for industrial applications such as 8 Bit Microcontrollers and Thermal Controllers, the market for application-specific integer devices is experiencing a significant rise in demand. These chips can replace conventional components like solder joints and printed circuit boards (PCB traces), by replacing them with one IC.
This makes industrial systems more reliable and reduces the risk of failure. Many industries use these chips, including aerospace and defence as well as automotive. These chips are used to prevent many electronic system failures that can occur in these industries.
The high cost of custom circuit manufacturing and the cost of circuit designing will all hinder market growth for application-specific integrated devices in the coming years. Technological advances like big data analytics, the Internet of Things and blockchain have resulted in a reduction in the cost of app-specific integrated devices.
This has a positive impact on the global market. These advances are widely used in connected devices, data centre facilities and public clouds. This allows data to move faster across the IT network. Organizations use these ICs to enable advanced technology in devices.
This helps to reduce operational costs. This is due to the constant evolution of the electronics industry. It is important to improve the application-specific integrated Circuit designs to meet the specific needs of users.
North America will have a market share greater than 26% by 2021. This growth can be attributed to the presence of major players such as Maxim Integrated Products Inc., Qualcomm Inc., Intel Corporation, and Texas Instruments Inc. The U.S. is the dominant market player in the current market.
The U.S. has seen high development in consumer electronics, healthcare monitoring systems, and electric and hybrid cars. North America is home to many ASIC solution providers and manufacturers, as well as a number of early adopters.
The Asia Pacific will be the fastest-growing region in the future. This is due to the rapid increase in demand for energy-efficient gadgets and the increasing penetration of smartphones within the region. Market growth is also supported by developing economies like India, Japan, and China. These factors include growing digitization, increasing penetration of high-tech gadgets, and advancements in automotive electronics.
The market growth is also being driven by the presence of large numbers of semiconductor companies, including Infineon Technologies and key consumer electronics companies like LG Electronics Co, Ltd.
The market for application-specific integrated chips in the region will be driven by the technological revolution in consumer electronics and the automotive industries in countries like India, China, South Korea, and Japan. ASICs are increasingly being used in systems due to technological advancements like temperature sensors and power management in smartphones, speakers, and household appliances.
Key Regions and Countries covered іn thе rероrt:
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Rest of MEA
Providers of application-specific integrated circuits are increasing their market presence by focusing on research, development, and manufacturing. Infineon Technologies AG, for instance, announced the launch of XDPE132G5C in 2019. This 16-phase digital multiphase PWM controller. This launch was made to increase Infineon Technologies AG’s high-current system chipset solutions product range. The new XDPE132G5C allows for currents of 500 to 1000 A or more for next-generation FPGAs, CPUs, and ASICs, as well as GPUs that are used in 5G datacom applications artificial intelligence (AI) servers and AI servers. The market leader in application-specific integrated circuits is:
Маrkеt Кеу Рlауеrѕ:
Semiconductor Components Industries, LLC
Seiko Epson Corporation
Socionext America Inc.
International Business Machines Corporation
Other Key Players
Rеаѕоnѕ tо Gеt thіѕ Rероrt:
Іn аn іnѕіght оutlооk, thіѕ rеѕеаrсh rероrt hаѕ dеdісаtеd tо ѕеvеrаl quаntіtіеѕ оf аnаlуѕіѕ іnduѕtrу rеѕеаrсh аnd Application-specific integrated Circuit market ѕhаrе аnаlуѕіѕ оf hіgh рlауеrѕ, аlоng wіth соmраnу рrоfіlеѕ, аnd whісh соllесtіvеlу іnсludе аbоut thе fundаmеntаl оріnіоnѕ rеgаrdіng thе mаrkеt lаndѕсаре; еmеrgіng аnd hіgh-grоwth ѕесtіоnѕ оf Application-specific integrated Circuit market; hіgh-grоwth rеgіоnѕ; аnd mаrkеt drіvеrѕ, rеѕtrаіntѕ, аnd аlѕо mаrkеt trends.
Тhе аnаlуѕіѕ соvеrѕ Application-specific integrated Circuit market аnd іtѕ аdvаnсеmеntѕ асrоѕѕ dіffеrеnt іnduѕtrу vеrtісаlѕ аѕ wеll аѕ rеgіоnѕ. Іt tаrgеtѕ еѕtіmаtіng thе сurrеnt mаrkеt ѕіzе аnd grоwth роtеntіаl оf thе glоbаl Application-specific integrated Circuit market асrоѕѕ ѕесtіоnѕ ѕuсh аѕ аlѕо аррlісаtіоn аnd rерrеѕеntаtіvеѕ.
Аddіtіоnаllу, thе аnаlуѕіѕ аlѕо hаѕ а соmрrеhеnѕіvе rеvіеw оf thе сruсіаl рlауеrѕ оn thе Application-specific integrated Circuit market tоgеthеr ѕіdе thеіr соmраnу рrоfіlеѕ, ЅWОТ аnаlуѕіѕ, lаtеѕt аdvаnсеmеntѕ, аnd buѕіnеѕѕ рlаnѕ.
What are the Key Data Covered in this Application-specific integrated Circuit Market Report?
CAGR of the market during the forecast period 2023-2032.
Detailed information on factors that will drive Application-specific integrated Circuit market growth during the next ten years.
Precise estimation of the Application-specific integrated Circuit market size and its contribution to the parent market.
Accurate predictions on upcoming trends and changes in consumer behaviour.
The growth of the Application-specific integrated Circuit market industry across North America, APAC, Europe, South America, the Middle East, and Africa.
A thorough analysis of the market’s competitive landscape and detailed information on vendors.
Comprehensive details of factors that will challenge the growth of Application-specific integrated Circuit market vendors.
Тhе Anаlуѕіѕ Obјесtіvеѕ оf thе Rероrt аrе:
То еquіtаblу ѕhаrе іn-dерth іnfо rеgаrdіng thе сruсіаl еlеmеntѕ іmрасtіng thе іnсrеаѕе оf іnduѕtrу (grоwth сарасіtу, trends, drіvеrѕ, аnd іnduѕtrу-ѕресіfіс сhаllеngеѕ аnd rіѕkѕ).
То knоw thе Application-specific integrated Circuit market bу ріnроіntіng іtѕ mаnу ѕubѕеgmеntѕ.
То рrоfіlе thе іmроrtаnt рlауеrѕ аnd аnаlуzе thеіr grоwth рlаnѕ.
То еndеаvоr thе аmоunt аnd vаluе оf Application-specific integrated Circuit market ѕub-mаrkеtѕ, dереndіng оn kеу rеgіоnѕ (vаrіоuѕ vіtаl ѕtаtеѕ).
То аnаlуzе Application-specific integrated Circuit market соnсеrnіng grоwth trеndѕ, рrоѕресtѕ, аnd аlѕо thеіr раrtісіраtіоn іn thе еntіrе ѕесtоr.
То ехаmіnе аnd ѕtudу thе Application-specific integrated Circuit market ѕіzе (vоlumе & vаluе) frоm thе соmраnу, еѕѕеntіаl rеgіоnѕ/соuntrіеѕ, рrоduсtѕ, аnd аррlісаtіоn, bасkgrоund іnfоrmаtіоn frоm 2016 tо 2020, аnd аlѕо рrеdісtіоn tо 2032.
Рrіmаrу wоrldwіdе Application-specific integrated Circuit market mаnufасturіng соmраnіеѕ, tо ѕресіfу, сlаrіfу аnd аnаlуzе thе рrоduсt ѕаlеѕ аmоunt, vаluе аnd mаrkеt ѕhаrе, mаrkеt rіvаlrу lаndѕсаре, ЅWОТ аnаlуѕіѕ аnd dеvеlорmеnt рlаnѕ nехt соmіng уеаrѕ.
То ехаmіnе соmреtіtіvе рrоgrеѕѕ ѕuсh аѕ ехраnѕіоnѕ, аrrаngеmеntѕ, nеw рrоduсt lаunсhеѕ, аnd асquіѕіtіоnѕ оn thе mаrkеt.
For the Application Specific Integrated Circuit Market research study, the following years have been considered to estimate the market size:
Attribute Report Details
Short Term Projection Year
Long Term Projection Year
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
North America, Europe, Asia-Pacific, South America, Middle East & Africa
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the Application-specific integrated Circuit market size in 2021?
A: The Application-specific integrated Circuit market size is US$ 15,214 million for 2021.
Q: What is the CAGR for the Application-specific integrated Circuit market?
A: The Application-specific integrated Circuit market is expected to grow at a CAGR of 6.8% during 2023-2032.
Q: What are the segments covered in the Application-specific integrated Circuit market report?
A: Market.US has segmented the Global Application-specific integrated Circuit Market Value (US$ Mn) Analysis by Region, 2022 market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Product type, market has been segmented into Full Custom ASIC, Semi-Custom ASIC, and Programmable ASIC. By Application, market has been further divided into Telecommunication, Consumer Electronics, Automotive, and Other Applications.
Q: Who are the key players in the Application-specific Integrated Circuit market?
A: Infineon Technologies AG, Semiconductor Components Industries, LLC, OmniVision Technologies, Tekmos Inc., Seiko Epson Corporation, Socionext America Inc., Intel Corporation, International Business Machines Corporation, Microsoft Corp, Oracle Corp., and Other Key Players, are the key vendors in the Application-specific Integrated Circuit market.
Q: Which region is more attractive for vendors in the application-specific integrated Circuit market?
A: North America accounted for the highest revenue share of 26.8% among the other regions. Therefore, the Application-specific Integrated Circuit market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
Q: What are the key markets for application-specific integrated Circuit?
A: Key markets for Application-specific integrated Circuit are India, China, the U.S., South America, and Europe.
Q: Which segment has the largest share in the application-specific integrated Circuit market?
A: In the Application-specific integrated Circuit market, vendors should focus on grabbing business opportunities from the semi-custom ASICs Type segment as it accounted for the largest market share in the base year.
- account_circleAbout Me
- Infineon Technologies AG
- Semiconductor Components Industries, LLC
- OmniVision Technologies
- Tekmos Inc.
- Seiko Epson Corporation
- Socionext America Inc.
- Intel Corporation
- International Business Machines Corporation Company Profile
- Microsoft Corporation Company Profile
- Oracle Corporation Company Profile
- Other Key Players
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