Field Programmable Gate Array Market Size To Expand at a Notable CAGR Of 9.13% During 2024 - 2032

Pune, India, February 2019/MRFR Press Release/- Market Research Future has published a cooked research report on the Global Field Programmable Gate Array Market.

FPGA Market Highlights:

As per the latest report published by Market Research Future (MRFR), the global Field Programmable Gate Array Market is set to increase at a CAGR of 9.13% between 2024 and 2032. In addition, the market is expected to surpass a valuation of USD 25.85 Billion by the end of the review period. FPGAs are finding widespread application in sectors such as consumer electronics, automotive, and IT & telecom. For the medium term, the market prospects remain bright for FPGA.

A range of modern electronic devices including wearables, laptops, and smartphones have FPGA as an essential hardware component. At the same time, increased focus towards increasing network bandwidth boosting FPGA deployment. FPGA is fast-replacing traditional circuit systems. Nevertheless, FPGA’s vulnerability to security threats remains a major concern. 

Global FPGA Market: Segmental Analysis

MRFR’s report includes a thorough segmental analysis of the Field Programmable Gate Array Market based on application, node size, configuration, and technology. By application, the Field Programmable Gate Array Market has been segmented into algorithmic cryptographic security, applied cryptography, FPGA synthesis flow, and others. In 2017, the FPGA synthesis flow segment stood at a valuation of USD 607.8 Mn and is projected to witness healthy growth in the forthcoming years. By node size, the market has been segmented into more than 90 nm, 28–90 nm, and less than 28 nm. The 28-90 nm segment currently accounts for the lion’s share of the market. In terms of value, the segment currently stands at over USD 25.85 Billion and is set to increase at a CAGR of 9.13% till 2030.  The less than 28 nm segment is projected to register a comparatively higher CAGR during the assessment period. By configuration, the market has been segmented into high-end FPGA, mid-range FPGA, and low-end FPGA. The low-end FPGA segment commands the largest market share in terms of value. Towards the end of 2025, the segment is expected to reach a market valuation of more than USD 1,500 Mn. This primarily owing to various advantages of the low-end FPGAs. The mid-range FPGA segment holds the second spot and is likely to witness a healthy growth rate in the forthcoming years. By technology, the Field Programmable Gate Array Market has been segmented into Antifuse technologies, FLASH, and SRAM. The SRAM segment is expected to remain highly profitable in years to come. In 2018, the segment was valued at USD 693.1 Mn and is poised to expand at a CAGR of 9.77% during the forecast period.

Global FPGA Security Market: Regional Outlook

The Field Programmable Gate Array Market has been covered across Europe, Asia Pacific (APAC), North America, Latin America, The Middle East, and Africa. The market in APAC is expected to remain highly attractive during the assessment period. Over the years, a number of APAC countries including China, Taiwan, and South Korea among others have witnessed a tremendous boom in electronic manufacturing, which is viewed as a leverage point for the FPGA market in the Asia Pacific. In addition, rapid industrialization and urbanization are creating new avenues for the market player in the Asia Pacific. Currently, the market in APAC stands at over USD 600 Mn. During the assessment period, the Field Programmable Gate Array Market in the region is expected to post a CAGR of 9.13%. Meanwhile, the North America FPGA market is expected to exhibit the highest CAGR over 2032. Europe is likely to retain its spot as the third-largest market for FPGA during the review period.

Global FPGA Security Market: Competitive Landscape

Key market players discussed in MRFR’s report include Microchip Technology Inc., Cypress Semiconductor Corporation, Lattice Semiconductor, QuickLogic Corp., Achronix Semiconductor Corporation, Texas Instruments Incorporated, Teledyne Technologies Incorporated, Xilinx Inc., and Intel Corporation.