Product Code: GVR-4-68038-548-9
Application Specific Integrated Circuit Market Growth & Trends:
The global application specific integrated circuit market size is anticipated to reach USD 25.08 billion by 2030, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc.. The growing adoption of application specific integrated circuit (ASIC) in healthcare applications is expected to drive market growth over the forecast period. The healthcare sector uses ASICs in various equipment such as digital X-rays, electrocardiography (ECG) machines, Computer tomography (CT) machines, and ultrasound machines.
Application specific integrated circuit is also extensively used in the automotive industry to ensure actuator movements, information handling, and safety-relevant actions. Based on product type, the market is segmented into full custom ASIC, semi-custom ASIC, and programmable ASIC. The demand for semi-custom ASIC in the consumer electronics and automotive industry has increased over the last few years. Features such as inductance and capacitance of semi-custom ASIC offer improved electrical performance and high density of the component. Also, semi-custom ASIC is partially customized to perform distinct functions within the field of their specific area of application. These ASICs are designed to allow some modifications during manufacturing, increasing demand for such ICs.
In addition to consumer electronics, the industrial sector is currently undergoing a significant transformation with a notable surge in the adoption of application specific integrated circuits. In industrial applications, ASICs are being employed to mitigate the occurrence of failures during the manufacturing process. Furthermore, the escalating demand for energy-efficient devices and the widespread integration of smartphones in the Asia Pacific (APAC) region are prominent drivers propelling substantial market growth. The technological advancements witnessed in the field of ASICs, encompassing significant developments in big data analytics, the Internet of Things (IoT), blockchain, and machine learning, are anticipated to play a pivotal role in bolstering market growth throughout the forecast period, extending up to 2030.
Application Specific Integrated Circuit Market Report Highlights:
- The ASIC market is expected to witness substantial growth during the forecast period, owing to the rising adoption in various industries, including healthcare and aerospace & defense, among others
- The semi-custom ASIC segment accounted for the highest market share in 2022, owing to the growing demand for low complexity and allowance in the modification of circuits during the manufacturing process
- The consumer electronics industry is expected to register the highest growth over the forecast period, owing to the increasing use of ASICs within phones, tablets, and laptops across the globe
- Asia Pacific is anticipated to emerge as the fastest-growing region, owing to the presence of many consumer electronics manufacturers in the region
- New product development and expansion remains the major strategy adopted by the leading manufacturers in the market
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. List of Data Sources
- 1.4. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Summary
- 2.2. Application Specific Integrated Circuit Market, 2017 - 2030
Chapter 3. Market Variables, Trends, and Scope Outlook
- 3.1. Market Lineage Outlook
- 3.2. Application Specific Integrated Circuit Market Value Chain Analysis
- 3.3. Application Specific Integrated Circuit Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint/Challenge Analysis
- 3.3.3. Market Opportunity Analysis
- 3.4. Industry Analysis - Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat of New Entrants
- 3.4.5. Competitive Rivalry
- 3.5. Application Specific Integrated Circuit Market PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technology Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
- 3.6. Impact of COVID-19 on the Application Specific Integrated Circuit Market
Chapter 4. Application Specific Integrated Circuit Type Outlook
- 4.1. Application Specific Integrated Circuit Market, By Product Type, 2022 & 2030
- 4.2. Full Custom ASIC
- 4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 4.3. Semi-Custom ASIC
- 4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 4.3.3. Cell-based
- 4.3.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 4.3.4. Array-based
- 4.3.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 4.4. Programmable ASIC
- 4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
Chapter 5. Application Specific Integrated Circuit Application Outlook
- 5.1. Application Specific Integrated Circuit Market, By Application, 2022 & 2030
- 5.2. Telecommunication
- 5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.2.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 5.3. Industrial
- 5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 5.4. Automotive
- 5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.4.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 5.5. Consumer Electronics
- 5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.5.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.6.2. Market estimates and forecasts, by region, 2017 - 2030 (USD Million)
Chapter 6. Application Specific Integrated Circuit Regional Outlook
- 6.1. Application Specific Integrated Circuit Market, by region, 2022 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2017 - 2030
- 6.2.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.2.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2017 - 2030
- 6.2.4.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2017 - 2030
- 6.2.5.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2017 - 2030
- 6.3.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.3.4. UK
- 6.3.4.1. Market estimates and forecasts, 2017 - 2030
- 6.3.4.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.3.5. Germany
- 6.3.5.1. Market estimates and forecasts, 2017 - 2030
- 6.3.5.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecasts, 2017 - 2030
- 6.3.6.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2017 - 2030
- 6.4.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2017 - 2030
- 6.4.4.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2017 - 2030
- 6.4.5.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2017 - 2030
- 6.4.6.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4.7. South Korea
- 6.4.7.1. Market estimates and forecasts, 2017 - 2030
- 6.4.7.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.7.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.4.8. Singapore
- 6.4.8.1. Market estimates and forecasts, 2017 - 2030
- 6.4.8.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.4.8.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2017 - 2030
- 6.5.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2017 - 2030
- 6.5.4.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.5.5. Mexico
- 6.5.5.1. Market estimates and forecasts, 2017 - 2030
- 6.5.5.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.5.5.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 6.6. MEA
- 6.6.1. Market estimates and forecasts, 2017 - 2030
- 6.6.2. Market estimates and forecasts, by product type, 2017 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Chapter 7. Application Specific Integrated Circuit Market Competitive Landscape
- 7.1. Key Market Participants
- 7.1.1. Broadcom Inc
- 7.1.2. STMicroelectronics
- 7.1.3. Faraday Technology Corporation
- 7.1.4. Comport Data
- 7.1.5. FUJITSU
- 7.1.6. Infineon Technologies AG
- 7.1.7. Intel Corporation
- 7.1.8. ASIX Electronics
- 7.1.9. OmniVision Technologies, Inc.
- 7.1.10. Semiconductor Components Industries, LLC
- 7.1.11. Seiko Epson Corporation
- 7.1.12. DWIN Technology
- 7.1.13. Socionext America Inc.
- 7.1.14. Tekmos Inc.
- 7.2. Key Company Market Share Analysis, 2022
- 7.3. Company Categorization/Position Analysis, 2022
- 7.4. Strategic Mapping
- 7.4.1. Expansion
- 7.4.2. Acquisition
- 7.4.3. Partnerships & Collaborations
- 7.4.4. Product/service launch