Skip to main content

Application Specific Integrated Circuits Market: Pin-Point Analyses Of Market Competition Dynamics To Offer You A Competitive Edge 2018 - 2026

Application Specific Integrated Circuits Market  

The global application specific integrated circuits market was valued at US$ 15,120.9 Mn in 2016 and is projected to register compound annual growth rate (CAGR) of over 8.4% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Application Specific Integrated Circuits Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” This is mainly due to increase in demand for application specific integrated circuits in smartphones and tablets across the globe, leading to the robust growth of the application specific integrated circuits market. Moreover, rising demand for application specific integrated circuits in industrial electronics, medical electronics, military electronics, aerospace electronics, and power electronics are also expected to have a significant impact on the global application specific integrated circuits market. Initiatives taken by different companies to increase system reliability are predicted to impact the application specific integrated circuits market in the coming years.  
The global application specific integrated circuits market is segmented based on end-use, type, and geography. By end-use, the global application specific integrated circuits market is divided into telecommunication, industrial, automotive, consumer electronics, and others. Others include domains such as medical, military and aerospace, auto emission control, sensors, and environmental monitoring. In terms of type, the market is divided into full-custom ASIC, semi-custom ASIC, and programmable ASIC. Semi-custom ASIC is sub divided into cell based ASIC and array based ASIC. Geographically, the application specific integrated circuits market can be segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.
Planning To Lay Down Future Strategy? Request Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17768

Telecommunication industry anticipated to be a significantly lucrative market during the forecast period
Growing demand for telecommunication applications including system-on-chip (SoC) applications is projected to propel the revenue of the ASIC market in the coming years. Additionally, the growing use of application specific integrated circuits in consumer electronics industry for web browsing, e-mail, voice memo, answering machine, two-way paging, wireless PDA, and global positioning system are offering the consumer industry a prominent share in the global application specific integrated circuit market.
Semi-custom application specific integrated circuits expected to hold prominent share during the forecast period
The semi-custom application specific integrated circuits type is anticipated to hold the dominant share for the year 2018. This segment is driven by factors such as relatively easier design and cost effectiveness. Prominent adoption of application specific integrated circuits in the consumer electronics industry in Asia Pacific is likely to boost the growth of semi-custom application specific integrated circuits due to its prominent use. Furthermore, significant adoption of these circuits in industrial applications is likely to impact the growth of the segment during the forecast period.
Request For COVID19 Impact Analysis Across Industries And Markets - Application Specific Integrated Circuits Market

Market in Asia Pacific growing at a prominent pace
By geography, the global application specific integrated circuits market can be classified into five regions namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America. Leading players are focused on carrying out initiatives for a better grip in the Asia Pacific region. For instance, in September 2018, Renesas Electronics Corporation, a prominent player in the ASIC market announced a strategic alliance with Alibaba, a significant retail chain in China for the growth of the IoT market. This move is expected to help the company gain a prominent position in the regional market in China.
Key players operating in the global application specific integrated circuits market are Infineon Technologies AG, STMicroelectronics N.V., Texas Instruments Inc, Renesas Electronics, ON Semiconductor, Maxim Integrated Products Inc., Analog Devices, Inc., NXP Semiconductors N.V., Qualcomm, Inc., and Intel Corporation among others. 
More Trending Reports by Transparency Market Research –  

Labels:

Comments

Post a Comment

Popular posts from this blog

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for  Internet of Things testing  mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number
Post a Comment
Read more

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

  Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology.  A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC
Post a Comment
Read more

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e
Post a Comment
Read more