Hexa Research
Fact-based market research , penetrating industry insights and validated forecasts to help you make better decisions for a stronger future
Browse Details of Report with TOC @ https :// www . hexaresearch . com / researchreport / fpga-field-programmable-gate-array-industry
The field-programmable gate array market is segmented by applications and geographies . Automotive , telecommunication , consumer electronics , data processing , military and aerospace , and industrial constitute as major market applications . Telecom had a 33 % market share in 2013 . It is estimated to grow at a 9.8 % CAGR till 2024 .
Consumer electronics had a 12 % revenue share in 2015 and expects a rapid growth rate over the next six years . Prominent use of technologies such as 3D visualization , advanced front-lighting system ( AFS ), GPS maps , and collision avoidance system in automotives , will boost this segment ’ s demand . Moreover , military and aerospace applications like SONAR and RADAR in unmanned vehicles and warfare are expected to contribute to the FPGA market growth .
Regions covered by the market are North America , Europe , Asia Pacific , and RoW ( Rest of the World ). Asia Pacific was the largest field-programmable gate array market in 2015 , owing to applications in consumer electronics and telecommunications . This region is likely to grow at a CAGR above 9 % during the forecast period . Telecom sector in North America was valued to be USD 540 million in 2013 . It is predicted to exhibit the fastest growth rate from 2016 to 2024 . Industrial and automotive applications will serve as key drivers for this region .
Notable players of the FPGA market are Altera , Lattice Semiconductor , Microsemi Corporation , and Xilinx . Technological improvements and product launches are common strategies adopted by these players .
Browse Related Category Market Reports @ https :// www . hexaresearch . com / researchcategory / semiconductors-industry
About Us : Hexa Research is a market research and consulting organization , offering industry reports , custom research and consulting services to a host of key industries across the globe . We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives .
Contact : + 1-800-489-3075
Email : sales @ hexaresearch . com Website : http :// www . hexaresearch . com /