Application Specific Integrated Circuit (ASIC) Market
Application Specific Integrated Circuit (ASIC) Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Application Specific Integrated Circuit (ASIC) Market Size and Growth
The global Application Specific Integrated Circuit (ASIC) market is projected to reach a value of $23.7 billion by 2027, with a CAGR of 7.2%. Increasing demand for customized chips in various industries such as consumer electronics, automotive, and telecommunications is driving market growth. Key players include Intel Corporation, Qualcomm Technologies, Inc., and Broadcom Inc.
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Companies Covered
(Covid 19 Impact Covered)
◍ Texas Instruments
◍ Infineon Technologies
◍ STMicroelectronics
◍ Renesas Electronics
◍ Analog Devices
◍ Maxim Integrated Products
◍ NXP Semiconductors
◍ ON Semiconductor
◍ Qualcomm
◍ Analog Devices
◍ Intel Corporation
The Application Specific Integrated Circuit (ASIC) market is highly competitive with key players including Texas Instruments, Infineon Technologies, STMicroelectronics, Renesas Electronics, Analog Devices, Maxim Integrated Products, NXP Semiconductors, ON Semiconductor, Qualcomm, and Intel Corporation. These companies use ASICs to provide customized solutions for various applications, driving market growth.
- Texas Instruments sales revenue: $14.4 billion
- Infineon Technologies sales revenue: $10.8 billion
- Analog Devices sales revenue: $6.2 billion Request Sample Report
Market Segmentation
By Application
Telecommunication
Industrial
Automotive
Consumer Electronics
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By Product
Full Custom Design ASIC
Semi-custom Design ASIC (Standard Cell Based ASIC and Gate Array Based ASIC)
Programmable ASIC
Market Growth
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$ X Billion USD
