According to the industry experts, The application specific integrated circuit market size is projected to reach around US$ 403.86 billion by 2030 from USD 265.2 billion in 2021 growing at a CAGR of 4.8% from 2021 to 2030. The report contains 150+ pages with detailed analysis.
The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The application specific integrated circuit market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
An Application Specific Integrated Circuit is a custom-designed integrated circuit for a specific application or function. These Integrated Circuits (ICs) combine all of the electronic components into a single chip. These circuits can also combine the functions of numerous tiny and medium-sized integrated circuits that perform some functions individually on a single chip, allowing the entire system to be assimilated on a single chip to recognize system needs. These integrated circuits are utilized in a variety of industries, including automotive, telecommunications, electrical and electronics, and medicine.
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Application Specific Integrated Circuit Market Scope
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
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.
Application Specific Integrated CircuitReport 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.
Report Coverage of the Application Specific Integrated Circuit Market
Report Coverage | Details |
Market Size in 2021 | USD 265.2 Billion |
Growth Rate From 2021 to 2030 | CAGR 4.8% |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Base Year | 2021 |
Application Specific Integrated Circuit 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%.
Read Also: Passive & Interconnecting Electronic Components Market Size Report 2021-2030
Key Players/Manufacturers
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the application specific integrated circuit market and ranks noticeable companies as per their occurrence in diverse regions across the globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the global application specific integrated circuit market include:
Infineon Technologies AG; Semiconductor Components Industries, LLC; OmniVision Technologies; Tekmos Inc.; Seiko Epson Corporation; Socionext America Inc. and Intel Corporation.
Application Specific Integrated Circuit Market Segments Covered
By Product
- Full Custom ASIC
- Semi-Custom ASIC
- Cell Based
- Array Based
- Programmable ASIC
By Application
- Telecommunication
- Industrial
- Automotive
- Consumer Electronics
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Research Objective
- To provide a comprehensive analysis of the application specific integrated circuit industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
- To provide detailed insights into factors driving and restraining the growth of this global market
- To provide a distribution chain analysis/value chain for the this market
- To estimate the market size of the global application specific integrated circuit market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be the forecast period for the study
- To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
- To analyze the global market in four main geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World
- To provide country-wise market value analysis for various segments of the application specific integrated circuit
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
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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