Friday, September 22, 2023
  • Landing Page
  • Shop
  • Contact
  • Buy JNews
Thetimesproject
Advertisement
  • Home
No Result
View All Result
Thetimesproject
  • Home
No Result
View All Result
Thetimesproject
No Result
View All Result
Home Uncategorized

Application Specific Integrated Circuit Market to be Driven by Growing Use and Application across Sectors

admin by admin
January 11, 2023
in Uncategorized
0
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
0 0

You might also like

Why You Should Consider AI Chatbot Development Services?

How to Wear Bracelets – How to Style Bracelets to Look Gorgeous

Care For Disabled Individuals

Read Time:2 Minute, 58 Second

The new report by Expert Market Research titled, ‘Global Application Specific Integrated Circuit Market Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the application specific integrated circuit market, assessing the market based on its segments like product type, application and major regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2017-2027)

  • Forecast CAGR (2022-2027): 5.7%

Advances in application specific integrated circuit technologies have facilitated the introduction of next-generation designs, which include embedded security, customised sensor and control interfaces, wired and wireless connectivity, AI and machine learning, functional safety, high-voltage circuits, and embedded memory. Thus, rising demand for application specific integrated circuits across sectors such as medical, industrial (automotive, telecommunications, and electrical), aeronautics, consumer electronics, space & defence, transportation, and IoT is likely to drive market growth.

Industry Definition and Major Segments

ASICs, or Application Specific Integrated Circuits, are custom integrated circuits designed for a specific application or usage. Typically, an ASIC design is conducted for a large-scale product. Application specific integrated circuits may incorporate a sizable portion of the required electronics on a single integrated circuit. Because application specific integrated circuits are expensive to design, they are typically found in high-volume devices (such as cell phones and applications of the like). However, if volume is sufficient, application specific integrated circuits may assist in lowering costs for applications. Additionally, the application specific integrated circuit design can be adjusted to meet unique product needs, and the number of additional components can be greatly reduced because the majority of the design can be contained in a single integrated circuit.

The global application specific integrated circuit market can be segmented on the basis of product type and application.

Based on product type:

  • Full Custom ASIC
  • Semi-Custom ASIC
  • Programmable ASIC

Based on application:

  • Telecommunications
  • Industrial
  • Automotive
  • Consumer Electronics
  • Others

On the basis of regional markets, the segmentation of the application specific integrated circuit industry includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Trends

Significant expansion in the electronics industry is one of the primary reasons contributing to the market’s positive outlook. ASICs are widely used in consumer electronics such as smartphones, smartwatches, digital cameras, televisions, computers, game consoles, and tablets because they can combine analogue and digital capabilities from the device’s small and medium-sized chips. Additionally, the shrinking of semiconductors for the purpose of manufacturing more compact, lighter, and portable gadgets contributes to the market’s growth. Additionally, numerous technological breakthroughs, such as the integration of linked devices with the Internet of Things (IoT), big data, cloud computing, and artificial intelligence (AI), all contribute to growth. These technologies aid in a variety of tasks, such as environmental monitoring, automobile pollution management, and personal digital assistant operation. Additional factors, such as the growing adoption of mechatronics across industries and substantial research and development (R&D) activities, are expected to fuel the market’s growth.

Key Market Players

The major players within the market are Broadcom, Comport Data, FUJITSU, Infineon Technologies AG, Intel Corporation, OmniVision Technologies, Inc., Semiconductor Components Industries, LLC and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

Share

Facebook
Twitter
Pinterest
LinkedIn

About Post Author

admin

I am Wajhat Ali (Zain Ali ) I am admin of 4 blog sites . URL Filmdailyweb.com Thetimesproject.com Techinbullion.com Businessbuzzfire.com For details Contact wajhatali1231@gmail.com
admin@thetimesproject.com
https://thetimesproject.com
Happy
Happy
0 0 %
Sad
Sad
0 0 %
Excited
Excited
0 0 %
Sleepy
Sleepy
0 0 %
Angry
Angry
0 0 %
Surprise
Surprise
0 0 %
Previous Post

What guidelines should you set up before permitting guest posts on your website?

Next Post

How to Find the Right Painters in Northern Beaches?

admin

admin

I am Wajhat Ali (Zain Ali ) I am admin of 4 blog sites . URL Filmdailyweb.com Thetimesproject.com Techinbullion.com Businessbuzzfire.com For details Contact wajhatali1231@gmail.com

Related Posts

chatbot
Uncategorized

Why You Should Consider AI Chatbot Development Services?

by admin
January 22, 2023
Jebel Jais
Uncategorized

How to Wear Bracelets – How to Style Bracelets to Look Gorgeous

by admin
January 21, 2023
Uncategorized

Care For Disabled Individuals

by admin
January 20, 2023
Marriage and Family Therapy
Uncategorized

Beneficial Impacts of Marriage and Family Therapy in a Society

by admin
January 20, 2023
Soy products
Uncategorized

A Guide To Understanding The Global Importance Of Soy 

by admin
January 20, 2023
Next Post
How to Cancel Origin Broadband

How to Find the Right Painters in Northern Beaches?

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%
(Add your review)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Latin America E-Commerce Market

Latin America E-Commerce Market Size, Report, Growth 2022-2027

January 18, 2023
Writing Essay Help

How Can You Locate A Reputable Assignment Assistance Company? 

January 10, 2023

Categories

  • Automotive
  • Business
  • Computer
  • Digital Marketing
  • Education
  • Entertainment
  • faishon
  • Fashion
  • Featured
  • Finance
  • Food
  • Games
  • Health
  • Home Improvement
  • Life Style
  • Lifestyle
  • management
  • Music
  • news
  • services
  • Software
  • Sports
  • tech
  • technology
  • Travel
  • Uncategorized
  • Website Reviews

Don't miss it

Dental Crowns vs. Veneers: Which Is Right for You?
Health

Dental Crowns vs. Veneers: Which Is Right for You?

September 8, 2023
Educational
Education

Creating Tailored Educational Experiences with the Help of Student Data

August 7, 2023
Top Advantages of Working with a Professional Tree Service
Business

Top Advantages of Working with a Professional Tree Service

July 14, 2023
5 Qualities to Look for in a Top-Notch Real Estate Agent
Home Improvement

5 Qualities to Look for in a Top-Notch Real Estate Agent

June 24, 2023
Facebook Twitterclark Theverge
Digital Marketing

Facebook Twitterclark Theverge

June 14, 2023
SoogsX: Revolutionizing the Tech Industry with Innovative Solutions
Business

SoogsX: Revolutionizing the Tech Industry with Innovative Solutions

June 13, 2023
Thetimesproject

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Learn more

Thetimesproject.com

No Result
View All Result
  • Home

Thetimesproject.com