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April 9, 2020, 4:11 a.m. EDT

At 12% CAGR, FPGA Market to be worth more than $13 Billion by 2026

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Apr 09, 2020 Xherald -- FPGA market size is forecast to surpass the USD 13 billion mark by 2026. Additionally, these devices are being increasingly adopted by automotive manufacturers & OEMs to develop efficient safety systems, such as collision avoidance systems, Advanced Driver Assistance Systems (ADAS), adaptive cruise control.

Due to their programmable nature, FPGAs have an expansive range of application, including aerospace & defense, automotive, data center, medical, industrial, consumer electronics, wired & wireless communication, video & image processing etc.

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The wireless communication sector is likely to drive FPGA market trends owing to the advancing innovations in 4G/5G. FPGA has found application in non-contiguous carrier aggregation, managing of centralized Cloud Radio Access Network (C-RAN), and 4G/5G waveform coexistence. 5G architecture requires superior flexibility in design time and runtime. FPGA chips use dynamic partial reconfiguration which fulfills the requirement of 5G architecture.

Automotive OEMs and manufacturers utilize FPGA to create more efficient safety systems in their vehicles. These safety systems include collision avoidance systems, Advanced Driver Assistance Systems (ADAS), and adaptive cruise control which increase their scalability. The system upgrade of FPGA requires less hardware modification, which has extended its application in automotive sector and promoted FPGA market growth.

China houses many recognized automotive and consumer electronics companies, which will fuel FPGA industry growth in the country. Increasing demand for machine learning and artificial intelligence will push field programmable gate array market size. Companies including Alibaba, Xinhua, Samsung, etc., present in the country are outlaying massive amounts on development and application of AI. Growing adoption of AI will concurrently offer an impetus to the usage of FPGA chips and fuel FPGA market growth.

Companies are adopting developmental strategies, such as product innovations in order to deliver the requirements of data-centric businesses. For instance, Intel Corporation launched its new Agilex FPGA in 2019 to meet the requirements of these data-based organizations. The company is further focusing on expanding its product range for data centers and network markets. Technical advancements, such as the introduction of nano bridge FPGA will also fuel product penetration.

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Some other companies operating in field programmable gate array market are Xilinx, Intel Corporation, Achronix Semiconductor Corp., Cypress Semiconductor, Altera Corporation, Microsemi Corporation, Aeroflex, Inc., Texas Instruments. Among all, Intel Corporation and Xilinx are recorded to account for the highest revenue in FPGA market share.

Table of Contents (ToC) of the report:

Chapter 4. FPGA Market, By Architecture

4.1. Key trends in FPGA industry, by architecture

4.2. SRAM

4.2.1. Market estimates and forecast, 2015 - 2026

4.3. Flash

4.3.1. Market estimates and forecast, 2015 - 2026

4.4. Antifuse

4.4.1. Market estimates and forecast, 2015 - 2026

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