The future of the ASIC chip market looks promising with opportunities in the data processing, consumer electronics, telecommunication system, industrial, and other industries. The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027 with a CAGR of 7.2% from 2021 to 2027. The major drivers for this market are increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Answer: The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027.
Q2. What is the growth forecast for ASIC chip market?
Answer: The ASIC chip market is expected to grow at a CAGR of 7.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the ASIC chip market?
Answer: The major drivers for this market are increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Q4. What are the major applications or end use industries for ASIC chip?
Answer: Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks.
Q5. What are the emerging trends in ASIC chip market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, includes advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices.
Q6. Who are the key ASIC chip companies?
Answer: Some of the key ASIC chip companies are as follows:
Answer: The analyst forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
Q8: In ASIC chip market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?
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Emerging Trends in the ASIC Chip Market
Emerging trend, which has a direct impact on the dynamics of the industry, includes advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices.ASIC Chip Market by Segment
The study includes trends and forecasts for the global ASIC chip market by type, end use industry, and region as follows:By Type [$M shipment analysis for 2016-2027]:
- Semi-Based Custom
- Programmable Logic Device
- Full Custom
By End Use Industry [$M shipment analysis for 2016-2027]:
- Data Processing System
- Consumer Electronics
- Telecommunication System
- Industrial
- Others
By Region [$M shipment analysis for 2016-2027]:
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Asia Pacific
- China
- Japan
- Taiwan
- The Rest of the World
List of ASIC Chip Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ASIC chip companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ASIC chip companies profiled in this report includes.- AMD
- ON Semiconductor Corporation
- TSMC
- Intel Corporation
- Infineon Technologies
- Samsung
- Bitmain Technologies
- Nvidia Corporation
- Texas Instruments
- Maxim Integrated Products
ASIC Chip Market Insight
- The analyst forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
- Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks
- Asia Pacific is expected to remain the largest market by value and volume and it is also expected to witness the highest growth over the forecast period due to the growth in consumer electronic devices & telecommunication products.
Features of ASIC Chip Market
- Market Size Estimates: ASIC Chip market size estimation in terms of value ($M)
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Market size by various segments, such as type and end use industry in terms of value.
- Regional Analysis: ASIC Chip market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and regions for the ASIC chip market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ASIC chip market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the ASIC chip market size?Answer: The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027.
Q2. What is the growth forecast for ASIC chip market?
Answer: The ASIC chip market is expected to grow at a CAGR of 7.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the ASIC chip market?
Answer: The major drivers for this market are increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Q4. What are the major applications or end use industries for ASIC chip?
Answer: Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks.
Q5. What are the emerging trends in ASIC chip market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, includes advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices.
Q6. Who are the key ASIC chip companies?
Answer: Some of the key ASIC chip companies are as follows:
- AMD
- ON Semiconductor Corporation
- TSMC
- Intel Corporation
- Infineon Technologies
- Samsung
- Bitmain Technologies
- Nvidia Corporation
- Texas Instruments
- Maxim Integrated Products
Answer: The analyst forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
Q8: In ASIC chip market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% customization without any additional cost.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global ASIC chip market by type (semi-based custom, programmable logic device, and full custom), end use industry (data processing system, consumer electronics, telecommunication system, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities have taken place in the last 5 years in this market?
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Table of Contents
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2016 to 2027
4. Market Trends and Forecast Analysis by Region from 2016 to 2027
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AMD
- ON Semiconductor
- TSMC
- Intel
- Infineon
- Samsung
- Bitmain Technologies
- Nvidia Corporation
- Texas Instruments
- Maxim Integrated Products
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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