Field Programmable Gate Array Market- Emerging Trends & Global Industry Forecast to 2027

Field Programmable Gate Array Market- Emerging Trends & Global Industry Forecast to 2027

A detailed analysis of the field programmable gate array market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.

Increased insistence on high-performing computers for machine learning and AI technologies coupled with growing demand for big data analytics are some factors responsible for the increased usage of Field Programmable Gate Array (FPGA).

FPGA devices are integrated into IoT devices for reducing latency and increasing power efficiency. There is a growing demand for smart home devices, especially in developed nations like the United States, Germany, France, which will increase the field programmable gate array market demand.

Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/156

Advancements in industrial robotics with the integration of high-performing FPGA’s will propel market growth. There has been a significant rise in the production of industrial robots over the last few years. To support this statement with an instance, a report of the International Federation of Robotics, 2020 states that over 373,000 industrial robots were produced and shipped across the world. Currently, over 2.7 million robots are being used across different industries. These factors will contribute to the field programmable gate array market growth.

Speaking of which, the anti-fuse architecture segment is receiving huge FPGA demand from the defense sector due to their high performing features like compact size, security in programming and high temperature resistance. Owing to these advanced features, this architecture is primarily used in radar control systems, weapon systems and flight computers. These factors will substantially influence the industry demand.

The mid-range configuration segment accounted for over 35% of field programmable gate array market share in 2020 and it is predicted to proliferate with a CAGR of over 15% through 2027. This augmentation is credited to the excellent performance, high device reliability and data security and compact design of this FPGA configuration. Midrange FPGAs are compatible with high-temperature environments, which has increased their integration in electric vehicles. With increased EV adoption in countries like Canada, U.S, Germany, the market is likely to proliferate substantially over the forecasted timeframe.

With development of smart factories in developed nations, the industrial segment is set to proliferate considerably in the coming years. To support this statement with an instance, Schneider Electric, in June 2019, inaugurated their first ExoStructure platform in the United States. These factories leverage IIoT technology for driving optimized processes. Furthermore, these plants use different automation and robotic equipment, programmable logic controllers, thereby expanding the FPGA integration in these smart factories.

Request for customization @ https://www.decresearch.com/roc/156

The field programmable gate array market in Europe accounted for a revenue share of around 20% in 2020 and is projected to augment with a growth rate of over 12% over the forecasted timeframe. This growth can be credited to the soaring demand for advanced 5G technologies. As per the European 5G Observatory, over 18 EU countries have implemented commercial 5G services as of September 2020. Furthermore, telecom operators in Europe are predicted to use devices based on FPGAs for implementing 5G technologies, thereby propelling the market growth in the region.

Browse Complete Table of Content @  https://www.decresearch.com/toc/detail/field-programmable-gate-array-fpga-market-size

About Us: -

DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

Contact Us: -

DecResearch.com

Website: - https://www.decresearch.com/

Email: [email protected]