The Global Embedded FPGA Market is driven by rising demand for Flexible Customizable Hardware Designs
The global embedded FPGA market is composed of field-programmable gate arrays (FPGAs) that are embedded into application-specific integrated circuits (ASICs), programmable systems on chips (PSoCs) and complex programmable logic devices (CPLDs). Embedded FPGAs allow designers to introduce hardware flexibility via reprogramming in digital circuits after fabrication and improves circuit design capabilities by enabling in-system programmability and reconfigurability. The devices are used to build innovative technologies for wireless technologies, artificial intelligence (AI), aerospace and defense, automotive systems, and industrial IoT applications.
The Global Embedded FPGA Market is estimated to be valued at US$ 109.82 Mn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the global embedded FPGA market are Achronix, Analog Devices Inc., Broadcom Limited, Cypress Semiconductor, Efinix, FlexLogix, Intel Corporation, Lattice Semiconductor, MicrochipTechnology, Microsemi, NanoXplore, NXP Semiconductors N.V., Qualcomm Technologies Incorporation, Quick Logic Corporation, Renesas Electronics Corporation, Xilinx Inc. These players are focusing on developing advanced embedded FPGA solutions and establishing partnerships with various industries to expand global market presence.
The rising demand for customized hardware designs and efficient processing from connected devices is driving significant growth of the Global Embedded FPGA Market Trends Embedded FPGA solutions offer reduced development costs, quicker time-to-market and greater design flexibility compared to traditional ASICs.
The global expansion of AI, 5G networks, autonomous vehicles and industrial automation is resulting in increasing deployment of embedded FPGA across industry verticals. Leading companies are investing heavily in next-generation embedded FPGA technology to capitalize on new opportunities emerging from growth of disruptive technologies worldwide.
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