The global application-specific integrated circuit market is expected to reach an estimated $21.8 billion by 2030 with a CAGR of 5.7% from 2024 to 2030.
The future of the global application-specific integrated circuit market looks promising with opportunities in the telecommunication, industrial, automotive, and consumer electronic markets. The major drivers for this market are rising need for specialized and high-capacity chips and widespread integration of artificial intelligence and machine learning among industries.
Within this market, consumer electronic is expected to witness the highest growth due to increasing use of application specific integrated circuit in various gadgets, such as smartphones, tablets, and laptops.
APAC will remain the largest region over the forecast period due to rapid industrialization, expanding digitization, and presence of key players in the region.
Answer: The global application-specific integrated circuit market is expected to reach an estimated $21.8 billion by 2030.
Q2. What is the growth forecast for application-specific integrated circuit market?
Answer: The global application-specific integrated circuit market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the application-specific integrated circuit market?
Answer: The major drivers for this market are rising need for specialized and high-capacity chips and widespread integration of artificial intelligence and machine learning among industries.
Q4. What are the major segments for application-specific integrated circuit market?
Answer: The future of the application-specific integrated circuit market looks promising with opportunities in the telecommunication, industrial, automotive, and consumer electronic markets.
Q5. Who are the key application-specific integrated circuit market companies?
Answer: Some of the key application-specific integrated circuit companies are as follows:
Answer: The publisher forecasts that semi-custom will remain the largest segment over the forecast period due to it's lower complexity and broad range of applications.
Q7. In application-specific integrated circuit market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid industrialization, expanding digitization, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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The future of the global application-specific integrated circuit market looks promising with opportunities in the telecommunication, industrial, automotive, and consumer electronic markets. The major drivers for this market are rising need for specialized and high-capacity chips and widespread integration of artificial intelligence and machine learning among industries.
Application-Specific Integrated Circuit by Segment
This study includes a forecast for the global application-specific integrated circuit by product type, application, and region.Application-Specific Integrated Circuit Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
- Full Custom ASIC
- Semi-Custom ASIC
- Programmable ASIC
Application-Specific Integrated Circuit Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Telecommunication
- Industrial
- Automotive
- Consumer Electronics
- Others
Application-Specific Integrated Circuit Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Application-Specific Integrated Circuit Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies application-specific integrated circuit companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the application-specific integrated circuit companies profiled in this report include:- Broadcom
- STMicroelectronics
- Faraday Technology
- Comport Data
- FUJITSU
- Infineon Technologies
- Intel
- ASIX Electronics
- OmniVision Technologies
- Semiconductor Components Industries
Application-Specific Integrated Circuit Market Insights
Semi-custom will remain the largest segment over the forecast period due to it's lower complexity and broad range of applications.Within this market, consumer electronic is expected to witness the highest growth due to increasing use of application specific integrated circuit in various gadgets, such as smartphones, tablets, and laptops.
APAC will remain the largest region over the forecast period due to rapid industrialization, expanding digitization, and presence of key players in the region.
Features of the Global Application-Specific Integrated Circuit Market
- Market Size Estimates: Application-specific integrated circuit market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Application-specific integrated circuit market size by product type, application, and region in terms of value ($B).
- Regional Analysis: Application-specific integrated circuit market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the application-specific integrated circuit market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the application-specific integrated circuit market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the application-specific integrated circuit market size?Answer: The global application-specific integrated circuit market is expected to reach an estimated $21.8 billion by 2030.
Q2. What is the growth forecast for application-specific integrated circuit market?
Answer: The global application-specific integrated circuit market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the application-specific integrated circuit market?
Answer: The major drivers for this market are rising need for specialized and high-capacity chips and widespread integration of artificial intelligence and machine learning among industries.
Q4. What are the major segments for application-specific integrated circuit market?
Answer: The future of the application-specific integrated circuit market looks promising with opportunities in the telecommunication, industrial, automotive, and consumer electronic markets.
Q5. Who are the key application-specific integrated circuit market companies?
Answer: Some of the key application-specific integrated circuit companies are as follows:
- Broadcom
- STMicroelectronics
- Faraday Technology
- Comport Data
- FUJITSU
- Infineon Technologies
- Intel
- ASIX Electronics
- OmniVision Technologies
- Semiconductor Components Industries
Answer: The publisher forecasts that semi-custom will remain the largest segment over the forecast period due to it's lower complexity and broad range of applications.
Q7. In application-specific integrated circuit market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid industrialization, expanding digitization, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the application-specific integrated circuit market by product type (full custom ASIC, semi-custom ASIC, and programmable ASIC), application (telecommunication, industrial, automotive, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Application-Specific Integrated Circuit Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Broadcom
- STMicroelectronics
- Faraday Technology
- Comport Data
- FUJITSU
- Infineon Technologies
- Intel
- ASIX Electronics
- OmniVision Technologies
- Semiconductor Components Industries
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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