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Application Specific Integrated Circuit Market on Target to Reach US$ 392.5 Billion 2030

The global application specific integrated circuit market size is expected to reach around US$ 392.5 billion by 2030 from US$ 265.2 billion in 2021 and is expected to grow at an impressive double-digit rate of 4.8% from 2021 to 2030.

Application Specific Integrated Circuit Market Size 2021 to 2030

The study includes drivers and restraints of this market. The study provides an analysis of the global application specific integrated circuit market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.

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Crucial factors accountable for market growth are:

  • Rise in demand for smartphones and tablets.
  • Growing usage of mechatronics in industrial and automotive applications.
  • The surge in demand for consumer electronics devices.

Regional Snapshots

North America dominated the Application Specific Integrated Circuit Market contributing more than 21% in 2020 and is anticipated to grow significantly during the forecast period. This is because of the presence of major market players continuously investing heavily in research development activities for producing innovative products.

Report Highlights

  • The Semi-Custom ASIC product segment is expected to lead the market contributing more than 48.5% of the revenue share in the upcoming years.
  • The Consumer Electronics Application segment of the Application Specific Integrated Circuit Market leads the market with a market share of more than 34% in 2020 and is estimated to grow significantly in the forecast period.
  • By Geography, North America holds a significant share accounting for more than 21% revenue share in 2020 in the application specific integrated circuit market because the major market players in the region.

Market Dynamics

Driver - The consumer electronic application segment if the major end use industry of the Application Specific Integrated Circuit Market and the rise in demand for phones, tablets, laptops and other electronics products are anticipated to drive the market growth.

Restraint - The high cost of manufacturing customized circuits, circuit design costs, and functional reliability difficulties are the key restraints on the growth of the Application Specific Integrated Circuit Market.

Opportunity - Smaller, lighter, and better portable gadgets, such as tablets, smartphones, and upcoming IoT devices, have resulted from semiconductor shrinking and integration. This leads to the development of durable electronic gadgets, which is likely to create significant market growth potential.

Challenges - The complex design and the high manufacturing cost are the attributes that is expected to be a major challenge that is encountered by the market.

Recent Developments

  • On 27th October 2021, the new XENSI TLE4972, developed by Infineon Technologies AG, is the company's first vehicle current sensor. For precise and consistent current measurements, the coreless current sensor employs Infineon's well-known Hall technology. Because of its compact design and diagnostic modes, the TLE4972 is well suited for xEV applications such as traction inverters in hybrid and battery-powered vehicles, as well as battery main switches.
  • On 26th October 2021, Vehicles are becoming more vulnerable to cyberattacks as they get more electrified and connected, which can have significant implications. As a result, automobile makers must ensure that telematics data is adequately protected. As a result, Infineon Technologies AG has released the SLI37 automotive security controller, which is a simple-to-use and dependable trust anchor for safeguarding safety-critical automotive applications such as 5G-ready eUICC (eCall), V2X communication, car access, and SOTA updates.
  • On 21st September 2021, The MAX77659 single-inductor multiple output (SIMO) power management IC (PMIC) with integrated switch-mode buck-boost charger charges wearables, hearables, and Internet of Things (IoT) devices quicker and in less space than any other PMIC now available, according to Analog Devices, Inc. The MAX77659 SIMO PMIC gives over four hours of play time after a rapid ten-minute charge and uses a single inductor to power multiple rails, reducing the bill of materials (BOM) by 60% and the total solution size by 50%.

Segments Covered in the Report

By Product

  • Full Custom ASIC
  • Semi-Custom ASIC
    • Cell Based
    • Array Based
  • Programmable ASIC

By Application

  • Telecommunication
  • Industrial
  • Automotive
  • Consumer Electronics
  • Others

Why should you invest in this report?

If you are aiming to enter the global application specific integrated circuit market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for application specific integrated circuit are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Regional Analysis:

The geographical analysis of the global application specific integrated circuit market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.

The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global application specific integrated circuit Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).

Key Questions Answered by the Report:

  • What will be the size of the global application specific integrated circuit market in 2030?
  • What is the expected CAGR for the application specific integrated circuit market between 2021 and 2030?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global application specific integrated circuit market?

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Application Specific Integrated Circuit Market 

5.1. COVID-19 Landscape: Application Specific Integrated Circuit Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Application Specific Integrated Circuit Market, By Product

8.1. Application Specific Integrated Circuit Market, by Product Type, 2021-2030

8.1.1. Full Custom ASIC

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Semi-Custom ASIC

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Programmable ASIC

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Application Specific Integrated Circuit Market, By Application

9.1. Application Specific Integrated Circuit Market, by Application, 2021-2030

9.1.1. Telecommunication

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Automotive

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Consumer Electronics

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Industrial

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Application Specific Integrated Circuit Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. Infineon Technologies AG

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Semiconductor Components Industries, LLC

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. OmniVision Technologies

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Tekmos Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Seiko Epson Corporation

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Socionext America Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Intel Corporation.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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