Meticulous Research®, a leading global market research company, recently published a detailed report titled, “FPGA Market by Programming Technology (SRAM, Flash, Anti-fuse), Configuration (Low-end, Mid-range, High-end), Node Size, Sector (Telecommunication, Consumer Electronics, Data Center, Aerospace & Defense), and Geography - Global Forecast to 2031.” The report provides valuable insights into the rapidly evolving FPGA market and offers projections up to 2031.
Download Sample Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5837
Overview of the FPGA Market
According to the publication, the global FPGA (Field-Programmable Gate Array) market is expected to reach a valuation of $20.3 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031. This growth is primarily attributed to the increasing adoption of FPGAs in the aerospace and defense sector, the expanding utilization of artificial intelligence (AI) technology, and the proliferation of data centers worldwide. However, concerns about data privacy and security remain significant barriers to market expansion.
In addition to these drivers, the integration of FPGA technology in cloud computing and Infrastructure-as-a-Service (IaaS) and the increasing use of FPGAs in consumer electronics present promising growth opportunities for market participants. On the other hand, the absence of standardized FPGA verification and validation techniques poses a significant challenge to industry stakeholders.
Market Segmentation
The global FPGA market is comprehensively segmented based on programming technology, configuration, node size, sector, and geography. These segments provide a granular view of market trends, growth opportunities, and challenges, helping stakeholders make informed decisions.
Programming Technology
The market is segmented into SRAM, flash, and anti-fuse technologies. Among these, the SRAM segment is anticipated to dominate, accounting for over 44% of the market share in 2024. This dominance is due to the numerous advantages offered by SRAM-based FPGAs, such as superior flexibility, re-programmability, ease of integration, and exceptional performance across diverse applications. Additionally, SRAM-based FPGAs are more cost-effective to manufacture compared to their flash-based counterparts. These attributes make them popular across sectors like aerospace, defense, telecommunications, and consumer electronics.
Recent industry developments highlight the growing focus on SRAM technology. For instance, in September 2023, GOWIN Semiconductor Corp. (China) collaborated with Andes Technology Corporation (Taiwan) to develop an SRAM FPGA SoC featuring a RISC-V core. This innovation allows for seamless integration of software and custom hardware within a single chip.
The SRAM segment is also expected to exhibit the highest growth rate during the forecast period, driven by its versatility and cost-effectiveness.
Browse In Depth: https://www.meticulousresearch.com/product/fpga-market-5837
Configuration
The FPGA market is categorized into low-end, mid-range, and high-end configurations. In 2024, low-end FPGAs are projected to hold the largest market share, exceeding 52%. This preference stems from their affordability and energy efficiency, making them suitable for telecommunications, automotive, industrial, consumer electronics, and medical applications. Low-end FPGAs provide an economical solution for designers while maintaining efficiency in power consumption.
Despite this, high-end FPGAs are predicted to experience the fastest growth during the forecast period. The increasing demand for high-end FPGAs in data center acceleration, high-performance computing, and aerospace and defense applications is a significant factor driving this growth. Additionally, sectors like finance, healthcare, and retail are leveraging high-end FPGAs for advanced data processing and analytics, further boosting demand.
Node Size
Based on node size, the FPGA market is segmented into less than 28 nm, 28-90 nm, and more than 90 nm categories. In 2024, the 28-90 nm segment is expected to dominate the market. This segment’s significant share can be attributed to the widespread adoption of 28-90 nm FPGAs in battery-powered IoT devices and portable electronic devices. Manufacturers also favor these FPGAs for their affordability and high performance.
Moreover, the 28-90 nm segment is anticipated to register the highest CAGR of over 11.5% during the forecast period. The increasing demand for cost-effective and efficient solutions across industries fuels this growth trajectory.
Sector
The global FPGA market serves multiple sectors, including telecommunications, consumer electronics, data centers, aerospace and defense, industrial, automotive, healthcare, and others. Among these, the telecommunications sector is projected to account for the largest share of over 32% in 2024. This dominance is driven by the increasing utilization of FPGAs for data packet switching, packet processing, and optical transport networks. Additionally, the widespread adoption of 5G technology and the growing popularity of IaaS among enterprises further contribute to the sector’s growth.
In response to these trends, key market players are introducing advanced FPGA solutions tailored for telecommunications. For example, Advanced Micro Devices, Inc. (U.S.) launched the Spartan-7 series of FPGAs in March 2024, catering to the rising demand for customizable and high-performance computing hardware in telecommunications.
On the other hand, the aerospace and defense sector is expected to witness the highest growth rate during the forecast period. This growth is attributed to the increasing use of FPGAs in applications such as radar and signal processing, drone image recognition, and high-speed communication systems in military aircraft. The demand for FPGAs in critical military technologies capable of managing high data rates and complex signal processing further accelerates this segment’s growth. For instance, Mercury Systems, Inc. (U.S.) launched the SCFE6933 space-qualified FPGA processing board in September 2023, integrating AMD’s Xilinx Versal AI core to deliver high-performance computing for space applications.
Regional Analysis
Geographically, the FPGA market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is expected to dominate the global FPGA market, accounting for over 40% of the total share. This dominance is due to rapid technological advancements across sectors such as consumer electronics, automotive, telecommunications, and industrial automation. Additionally, the increasing adoption of smart devices, government initiatives promoting technological innovation and domestic chip production, and the rollout of 5G technology further support the region’s growth.
Asia-Pacific’s role as a major electronics manufacturing hub facilitates faster design cycles and seamless FPGA integration into various devices. Key players are also actively expanding their presence in the region. For example, Achronix Semiconductor Corporation (U.S.) partnered with Nexcomm Asia (Singapore) in October 2021 to provide high-performance FPGAs and embedded FPGA IP solutions across countries like India, Singapore, and Malaysia.
The Asia-Pacific region is also projected to register the highest CAGR of over 11% during the forecast period, highlighting its pivotal role in driving global market growth.
Key Market Players
Prominent players operating in the global FPGA market include:
• Qualcomm Technologies, Inc. (U.S.)
• Efinix, Inc. (U.S.)
• Advanced Micro Devices, Inc. (U.S.)
• QuickLogic Corporation (U.S.)
• Microchip Technology Inc. (U.S.)
• Intel Corporation (U.S.)
• GOWIN Semiconductor Corp. (China)
• Achronix Semiconductor Corporation (U.S.)
• S2C Limited (U.S.)
• FlexLogix (U.S.)
• NVIDIA Corporation (U.S.)
• Broadcom Inc. (U.S.)
• Lattice Semiconductor Corporation (U.S.)
• Shanghai Anlogic Infotech Co., Ltd. (China)
• NanoXplore SAS (France)
Quick Buy – FPGA Market – Global Opportunity Analysis and Industry Forecast (2024-2031), Research Report: https://www.meticulousresearch.com/Checkout/53536448
Conclusion
The global FPGA market is poised for substantial growth over the coming years, driven by advancements in technology, increasing adoption across multiple sectors, and a growing focus on innovation and customization. While challenges such as data privacy concerns and verification standards persist, the market’s potential remains robust. Strategic initiatives by key players and ongoing developments in programming technologies and applications will likely shape the market’s trajectory through 2031.
Contact Us:
Meticulous Research®
Email-
[email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research