Field Programmable Gate Array Market to Grow Due to Increasing Number of Security Risks
The growing emphasis on
security, inspection, and network processing, and other things, are driving the
Global Field Programmable Gate Array Market, which is expected to rise between
2024 and 2028.
According to
TechSci Research report, “Field Programmable Gate Array Market- Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018–2028F”, Global
Field-Programmable Gate Array (FPGA) Market is expected to show consistent
growth throughout the industry in the coming years, with the field-programmable
gate array (FPGA) Size increasing due to the market's adoption in many areas of
security, network processing, and deep packet inspection, which is expected to
drive demand in the coming years. They will have several characteristics like
as high computational density and low power consumption, making them the
preferable design for many applications that demand a large flow of data and streaming
data processing. In the following years, the market will be driven by the
increased use of FPGAs in aerospace and military applications such as waveform
creation, image processing, and secure communication.
FPGAs are utilized
to offer increased range, data processing, and electronic countermeasures in
military devices such as sensors, radar, and electronic warfare systems. Amazon.com,
Inc., for example, utilizes a field programmable gate arrays coprocessor in the
EC2 F1 virtual machine for customer hardware accelerations. Similarly,
Microsoft Corporation use FPGAs in Azure, which relate to Azure Machine
Learning (ML). They are employed in the assessment of Deep Neural Networks
(DNN), the acceleration of Software Defined Networking (SDN), and the ranking
of Bing search results.
Furthermore, increased data center investments are propelling the market.
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Global Field
programmable gate array is segmented by
Technology, Configuration, Application, and By Vertical. Based on Technology,
the market is segmented into the market is segmented into antifuse, flash,
EEPROM, SRAM, and others. The flash technology segment is predicted to observe
a high growth rate till 2028. They are widely used owing to their features such
as high-speed I/O channels, processor cores, and other functions that require
high density. In addition, compared to SRAM-based architecture, flash field
chips enable high-performance and low system cost. They are widely used in
applications such as industrial, defense & security, and wireline &
wireless infrastructure. The rising acceptance of flash field-programmable gate
arrays will propel the industry progression.
Based on application,
the market is segmented into (3G, 4G, LTE and WiMAX). Based on Configuration,
the market is segmented into Low-end FPGA, Mid-range FPGA, and High-end FPGA.
Based on Verticals, the market is segmented into IT and Telecommunication,
Consumer Electronics, Automotive, Industrial, Military and Aerospace, and Other
End-user Industries.
The automotive
industry is rapidly adopting complex electronic technologies to increase driver
safety and economy. It provides system architects with cutting-edge performance
and flexibility, as well as security, via adaptable (programmable) electrical
circuit topologies. These devices are installed in vehicles to provide advanced
security features such as driver assistance, adaptive cruise control,
blind-spot detection, and collision avoidance. Such factors will increase
industrial demand. Market participants are aggressively focused on creating
enhanced field-programmable gate arrays to expand their expertise and acquire a
competitive advantage. Due to the growing use of
field-programmable gate arrays in numerous industries such as consumer
electronics, automotive, industrial, communications & data centers, and
aerospace & military, the Asia Pacific FPGA market is expected to reach USD
XX billion by 2028. The Chinese military UAV industry, for example, is
concentrating on obtaining FPGA-based UAV systems and drones for field
observation. It's also employed in high-level navigation control technologies
like stereovision, Simultaneous Localization and Mapping (SLAM), and path
planning, and low-level safety-critical tasks like peripheral interfaces, state
estimates, and system stability.
FPGA circuits are
widely employed in a variety of industries, including automotive, consumer
electronics, industrial, data processing, telecom, aerospace, and defense. FPGA
circuits shorten the reaction time of circuits in many electrical components.
Furthermore, the growing use of hand-held devices such as smartphones makes
FPGA circuits more attractive in a variety of businesses. FPGA circuits are
resistant to illegal bit stream copying and immune to firm mistakes, making
them ideal for the aerospace and military industries.
With the advent
of significant & established firms, Asia-Pacific is progressively embracing
field programmable gate array technology.
Key market
players in the Field programmable gate array market:
- Xilinx Inc
- Intel Corporation
- Infineon Technologies AG
- Lattice Semiconductor Corporation
- Quicklogic Corporation
- Achronix Semiconductor Corporation
- Efinix Inc
- GOWIN Semiconductor Corporation
- Texas Instruments Incorporated
- Teledyne Technologies Incorporated
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"The market is being
fueled by the increasing penetration of AI and deep learning technologies, and
the global need for high-performance computing. A field programmable gate
array, or semiconductor system, may be programmed and reprogramed after it has
been manufactured to fulfil the appropriate functionality and application
requirements. Because of their excellent performance, cost efficiency, and
energy economy, FPGA devices have grown favorably in AI workstations, edge AI
devices, and high-performance computing (HPC) applications.
Due to increased network
traffic and the demand for high data processing across datacenters, the FPGA
industry is rapidly expanding. FPGA systems are utilised in a wide range of
data centre gear, such as disc and server cabinets, as well as networking
equipment. These solutions help data centre hardware reduce network latency
while also optimizing storage and processing workloads. Increased investments
by data centre operators on new facility construction would increase business prospects
over the forecast period..” said, Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Segmented By
Technology (Flash, SRAM, Antifuse, EEPROM and Others), By Application (3G, 4G,
LTE and WiMax), By Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA),
By Vertical (IT and Telecommunication, Consumer Electronics, Automotive,
Industrial, Military and Aerospace, Other End-user Industries) By Region,
Competition” has evaluated the future growth potential
of Field programmable gate array and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Field
programmable gate array Market.
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