The Global Low-End FPGA Market size is expected to reach $4.6 billion by 2030, rising at a market growth of 9.4% CAGR during the forecast period.In the year 2022, the market attained a volume of 259.8 million units, experiencing a growth of 5.6% (2019-2022).
FPGAs offer excellent performance in applications for data center acceleration. Consequently, the Data Center segment acquired $191.6 million revenue in the market in 2022. NVMe data storage solutions are essential in this area, and market participants concentrate on providing FPGA-based high-speed interface control for such systems. During the projected period, it is anticipated that the development of cloud-based computing and its dependency on data centers will aid in expanding this market segment.
The major strategies followed by the market participants are Partnerships as the key developmental strategy to keep pace with the changing demands of end users. For instance, In August, 2023, Advanced Micro Devices, Inc. collaborated with AV Link Group Ltd, to focus on the advanced video processors market, with a weightage on targeting mission-critical applications including corporate, education, healthcare, and government. Additionally, In April, 2023, Lattice Semiconductor Corporation joined hands with Frontgrade, to unveil the radiation-tolerant Lattice FPGAs for space and satellite applications.
Based on the Analysis presented in the KBV Cardinal matrix; Intel Corporation is the forerunner in the Market. In May, 2023, Intel announced the launch of Agilex 7 featuring the R-Tile chipset, PCIe 5.0, and CXL abilities, to help customers boost workloads with smooth integration and the highest bandwidth processor interfaces. Companies such as Efinix, Inc., Advanced Micro Devices, Inc. and Microchip Technology Incorporated are some of the key innovators in Low-End FPGA Market.
The Internet of Things (IoT), broadly described as an internet-connected sensor or actuator that can gather and share data, is one of the technologies significantly driving the development of smart cities. IoT applications and deployments, however, are not just for smart cities. They include everything from industrial to consumer electronics. The Internet of Things ecosystem, which consists of hardware, software, and related services, is already present in many industries, including manufacturing, healthcare, energy, smart homes, and agriculture. The market for low-end field-programmable gate arrays (FPGA) is expected to develop over the anticipated period because of the increased prevalence of smart technologies like artificial intelligence, the Internet of Things, and others. Over the anticipated term, these variables will contribute to the market's expansion.
The increasing use of cloud computing, the Internet of Things (IoT), and artificial intelligence (AI) to enable smarter, more dependable, and more effective operations in manufacturing and other industrial settings. Many industrial systems today include cutting-edge computing engines and many types of contemporary connectivity standards, like Wi-Fi, industrial ethernet, and even 5G, as technology has advanced and the requirements on all these different pieces of equipment have increased. FPGAs, a class of semiconductor chips that may be programmed to carry out virtually any type of computing function, are especially well-suited for such demanding devices and applications. Consequently, the market is anticipated to witness growth along with the emergence of Industry 4.0.
The market's expansion is hampered by high power consumption because low-end FPGAs often need a lot of electricity to operate due to their inherent programmability and complex architecture. I/O interfaces, reconfigurable logic blocks interconnect, and low-end FPGAs influence electrical consumption, especially when used with increasingly complex and large-scale systems. The high-power consumption of low-end FPGAs causes problems in several applications, especially those involving battery-operated or low-power devices.
By application, the market is classified into telecommunication, automotive, industrial, consumer electronics, data centre, medical, aerospace & defense, and others. The aerospace & defense segment recorded a remarkable revenue share in the market in 2022. Developing embedded FPGAs, which offer even better integration, reliability, and low power options than conventional FPGAs, has particularly benefited the aerospace & defense industries. This development is anticipated to drive defense & aerospace segment growth during the forecast period.
Based on technology, the market is segmented into EEPROM, antifuse, SRAM, flash, and others. The EEPROM segment acquired a substantial revenue share in the market in 2022. A form of non-volatile memory known as EEPROM (Electrically Erasable Programmable Read-Only Memory) is capable of electrical programming and erasing. Even when the power is cut off, it continues to store data even though certain electronic gadgets use EEPROM technology to store configuration data or small quantities of data.
On the basis of node size, the market is fragmented into less than 28 nm, 28-90 nm, and more than 90 nm. In 2022, the 28-90nm segment held the highest revenue share in the market. This is due to the power efficiency, interoperability, and cost reduction in portable devices, Internet of Things applications, and other power-restricted systems where energy economy is an essential consideration. These trends and growth factors offer substantial opportunities for low-end FPGA suppliers in the 28-90nm market.
Report Attribute | Details |
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Market size value in 2022 | USD 2.3 Billion |
Market size forecast in 2030 | USD 4.6 Billion |
Base Year | 2022 |
Historical Period | 2019 to 2021 |
Forecast Period | 2023 to 2030 |
Revenue Growth Rate | CAGR of 9.4% from 2023 to 2030 |
Number of Pages | 362 |
Number of Table | 633 |
Quantitative Data | Volume in Million Units, Revenue in USD Million, and CAGR from 2019 to 2030 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
Segments covered | Technology, Node Size, Application, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Region wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region generated the highest revenue share in the market. The low-end field programmable gate array market's regional expansion has been attributed to major players committed to developing the semiconductor industry's growth. The U.S. and Canada intend to establish a bilateral semiconductor manufacturing corridor. Such corporate growth endeavors are anticipated to fuel the region's market's progress.
Free Valuable Insights: Global Low-End FPGA Market size to reach USD 4.6 Billion by 2030
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Intel Corporation, Advanced Micro Devices, Inc., QuickLogic Corporation, Microchip Technology Incorporated, Lattice Semiconductor Corporation, Efinix, Inc., Flex Logix Technologies, Inc., Achronix Semiconductor Corporation, Enclustra GmbH and GOWIN Semiconductor Corp.
By Technology
By Application(Volume, Million Units, USD Million, 2019-2030)
By Node Size
By Geography(Volume, Million Units, USD Million, 2019-2030)
The Market size is projected to reach USD 4.6 billion by 2030.
Increasing smart cities projects across the globe are driving the Market in coming years, however, Power Consumption issue restraints the growth of the Market.
Intel Corporation, Advanced Micro Devices, Inc., QuickLogic Corporation, Microchip Technology Incorporated, Lattice Semiconductor Corporation, Efinix, Inc., Flex Logix Technologies, Inc., Achronix Semiconductor Corporation, Enclustra GmbH and GOWIN Semiconductor Corp.
In the year 2022, the market attained a volume of 259.8 million units, experiencing a growth of 5.6% (2019-2022).
The Telecommunication segment is leading the Market by Application in 2022; thereby, achieving a market value of $992.5 million by 2030.
The North America region dominated the Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.6 billion by 2030.
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