Published on : Nov 15, 2018
Albany, New York, November 15, 2018: The advent of technology, namely tablets and smartphones across the regions have surged the demand for application specific integrated circuits. The global application specific integrated circuits market was worth USD 15,120.9 million in 2016. Further, the surge in the demand in military electronics, power electronics, aerospace electronics, industrial electronics and medical electronics have bolstered the application specific integrated circuits market. Besides, companies becoming more concern regarding the system reliability is estimated to boost the market. These insights are according to the report titled “ Application Specific Integrated Circuit Asic Market Global Industry Analysis Size Share Growth Trends And Forecast 2016 2024,”which has been recently added to the repository of Market Research Hub.
Undoubtedly, market players have predominant role to play in the expansion and sustainability of the market. Some of the prominent players in the application specific integrated circuit market are Texas Instruments Inc., ON Semiconductor, Infineon Technologies AG, Maxim Integrated Products Inc., STMicroelectronics N.V., and Analog Devices, to name a few.
The demand for System-on-Chip (SoC) application coupled with increase in the demand for Information Technology and telecommunication have propelled the application integrated circuits. Besides, AICs are compatible with a range of commercial design tools. However, high cost incurred in producing customized circuits has been one of the roadblocks for the AICs market.
Application Specific Integrated Circuits Market 2018-2026: Report Synopsis
The study of this report provides an in-depth analysis on the application specific integrated circuits market. Furthermore, the report gives an in-depth analysis with regards to market size— production, value, consumption and exports. Essentially, the report covers major drivers, restraints, trends, predominant players in the market and product categories along with market estimation which has an impact on the market on a global scale.
The report also offers a holistic approach on the growth of market with regards to revenue across North America, Europe, MEA, and Asia Pacific and South America, to name a few.
The report also gives a coherent view on the market through cross country and cross segment analysis with regards to various segments. On the basis of types, market is segmented into programmable ASIC, full custom ASIC and semi-custom ASIC. With regards to end-use, the market is fragmented into automotive, industrial, consumer electronics, and telecommunication.
The report begins with the executive summary which highlights market size in terms of revenue, market value and production. In addition, an exhaustive analysis of the competitive landscape highlights profiles of eminent players in the global market space. Moreover, the report also assesses the strategic moves, areas of interest, and developments undertaken by major players in the market.
Application Specific Integrated Circuits Market 2018-2026: Research Methodology
An exhaustive research methodology has been done with respect to providing a holistic research approach consisting of secondary and primary research. The insights in the report is the result of a thorough secondary research, primary interviews and in-house reviews by panel of experts.
The secondary research includes SEC filings, company websites and presentations by investors, industry white paper and statistical database. On the other hand, the primary research embodies face to face interviews, phonic interviews and e-mail interaction coupled with honest reviews of the shelf label market regardless of geographies. To furnish the readers with authentic report, a panel of expert peruses and examines the data collected from different sources.
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