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Field Programmable Gate Array Market To Reach USD 13.29 Billion By Year 2032

The global Field Programmable Gate Array market size was valued at 8.01 Billion in 2023, and is projected to reach USD 13.29 Billion by 2032, registering a CAGR of 5.79% from 2024 to 2032.

11-07-2024
Swati Kalagate
IT and Telecom
AkViS Intelligence LLP

According to a new report published by AkVis Intelligence, titled, “Field Programmable Gate Array Market by Configuration, Node-Size Technology, and End-User: Global Opportunity Analysis and Industry Forecast, 2024–2032,” the global Field Programmable Gate Array market size was valued at 8.01 Billion in 2023, and is projected to reach USD 13.29 Billion by 2032, registering a CAGR of 5.79% from 2024 to 2032. FPGAs are devices made from semiconductors that can be tailored to certain applications or functional needs after they have been manufactured. These devices are utilized in a wide range of industries such as telecommunications, automotive electronics, aerospace, and data centers for purposes such as signal processing, network optimization, and advanced driver assistance systems. FPGAs provide benefits such as flexibility, quick prototyping, and lower development costs and time to market. They are great at parallel processing and real-time calculations, making them perfect for high-speed and low delay tasks.  

According to The Field Programmable Gate Array Market is segmented into Configuration, Node-Size, Technology, End-User, and Region. By Configuration, the market is categorized into Low-end FPGA, Mid-range FPGA, and High-end FPGA. By Node-Size, the market is categorized into (≤16 nm, 20-90 nm, and >90 nm. By Technology, the market is categorized into SRAM, EEPROM, Antifuse, and Flash. By End-User, the market is categorized into IT & Telecommunication, Consumer Electronics, Automotive, Industrial, Military & Aerospace, and Others. By Region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

The rise in AI and IoT technologies across different applications is fueling the growth of the FPGA market. These technologies need advanced motor control and vision processing, which necessitate high-level computing and real-time, predictable system behavior. FPGAs, which are recognized for their hard-deterministic traits, are perfect for these use cases. The convergence of AI and IoT has resulted in fresh business strategies and advancements in FPGA technology, fostering development and innovation in the worldwide market.  

The quick deployment of the 5G communication infrastructure offers a big chance for the Field Programmable Gate Array (FPGA) market. The introduction of 5G New Radio (NR) is revolutionizing the telecommunications sector as the latest air interface. Current 5G configurations include NR radio heads in base stations, which have large MIMO antennas, improving network efficiency. This robust 5G network can handle different access and connectivity scenarios, such as improved mobile broadband, large-scale machine-type communications, and ultra-reliable low-latency communications.

Global Field Programmable Gate Array Market, Segmentation

The Field Programmable Gate Array market is segmented based on Configuration, Node-Size Technology, End-User, and region.

Configuration:

Significant growth in the field of programmable gate arrays is anticipated to be primarily fueled by the affordable and increasingly popular entry-level FPGA market across multiple industries. Producers are concentrating on developing products that are easy to use, targeting small to mid-sized companies that once found high-end FPGAs too costly. The functionality of low-cost FPGAs has been enhanced by technological advancements, allowing their use in consumer electronics and industrial automation to increase. This strategic method supports creativity and enhances the availability of FPGA technology, resulting in heightened rivalry in programmable logic solutions.

End-User:

The demand for advanced electronics such as cell phones, tablets, and wearables has led to a notable growth in the Field Programmable Gate Array (FPGA) market within the consumer electronics industry. FPGAs play a critical role in device development and optimization due to their fast processing and adaptability. The popularity of FPGAs has been increased by the emergence of smart home devices and IoT-enabled gadgets, which are capable of processing real-time data and handling multiple tasks at once. This underscores the significance of FPGAs in satisfying current electronic product requirements and fueling industry expansion.

Region:

Countries such as China, India, South Korea, and Taiwan are witnessing growth in consumer electronics, making the Asia-Pacific region an important market for the FPGA industry. China invests heavily in semiconductor equipment and promotes the growth of local champions and digital companies to boost domestic manufacturing capabilities. China's embrace of 5G and increased use of AI provide opportunities for growth in multiple sectors such as data centers, automotive, telecommunications, aerospace, and defense.

Some of The Leading/Active Market Players Are-

  • Xilinx Inc. (USA)
  • Intel Corporation (USA)
  • Lattice Semiconductor (USA)
  • Broadcom (USA)
  • Achronix Semiconductor (USA)
  • Analog Devices Inc. (USA)
  • GOWIN Semiconductor (USA)
  • Voler Systems (USA)
  • Gidel (USA)
  • Microchip Technology Inc. (USA), and Other Active Players

Key Industry Developments

  • In June 2024, Lattice Semiconductor announced the Lattice MachXO5D NX family of advanced secure control FPGAs, offering crypto-agile algorithms, hardware root of trust features with integrated flash, and fail-safe remote field updates for reliable and secure product lifecycle management. In addition, Lattice launched the latest version of the Lattice Sentry solution stack, featuring new capabilities to equip customers with customizable FPGA-based platform firmware resiliency (PFR) solutions supporting the new MachXO5D-NX family.
  • In February 2024, Intel announced the official launch of Altera, its new standalone FPGA company. During the FPGA Vision Webcast, with their strategy to secure leadership across a $55 billion-plus market opportunity; to expand the company's portfolio, including the only FPGA with AI built into the fabric; and to help solve mounting customer challenges.

Key Findings of the Study 

  • The global Field Programmable Gate Array (FPGA) market is expected to grow at a CAGR of 5.79% from 2024 to 2032, driven by increasing applications in telecommunications, automotive electronics, aerospace, and data centers.
  • The integration of AI and IoT technologies is driving the growth of the FPGA market, enabling advanced motor control and real-time data processing in various industries.
  • FPGAs are poised to capitalize on the 5G infrastructure deployment, enhancing mobile broadband, machine-type communications, and ultra-reliable low-latency communications, driving network efficiency and diverse connectivity scenarios.
  • The Asia-Pacific region, dominated by China and India, is gaining prominence as a significant market for FPGAs due to its growth in consumer electronics, semiconductor investments, and adoption of 5G technology and AI applications.  
AkViS Intelligence LLP

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