FPGA Market is expected to reach USD 15.5 Billion by 2027, from USD 8.0 Billion in 2022 CAGR of 14.2% from 2022 to 2027.
The report “FPGA Market by Configuration (Low-end FPGA, Mid-range FPGA, High-end FPGA), Technology (SRAM, Flash, Anti-fuse), Node Size (≤16 nm, 20–90 nm, and >90 nm), Vertical and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027“The FPGA market is expected to grow from $8.0 billion in 2022 to $15.5 billion by 2027; it is expected to grow at a CAGR of 14.2% from 2022 to 2027. The growth of this market is driven by factors such as increasing deployment of data centers and high performance computing (HPC), growing demand for hardware verification FPGAs in avionics, and the growing adoption of FPGAs in ADAS.
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High-end FPGA segment is expected to grow at High CAGR from 2022 to 2027.
The high-end FPGA segment is expected to grow at a high rate during the forecast period. High-end FPGAs have a high-level integration architecture. These devices offer superior performance and high bandwidth. High-end FPGAs are equipped with next-generation hard processor systems for improved performance and high-speed interface. They are mainly used in wired and wireless infrastructure equipment, test and measurement equipment, defense systems and computers. Growing demand for high-end FPGAs in medical, military, networking (service provider), and telecommunications sectors will further contribute to the market growth over the forecast period.
The ≤ 16 nm segment of the FPGA market is expected to be the fastest growing node size segment during the forecast period.
The ≤16nm segment is expected to be the fastest growing node size segment during the forecast period. The high growth rate is attributed to the miniaturized footprint and high-speed processing capabilities of the ≤16nm process technology. FPGAs with ≤ 16 nm technology offer higher logic density than traditional FPGA devices. They are optimized for high-bandwidth workloads such as high-performance computing (HPC), artificial intelligence (AI), and machine learning. These FPGAs can eliminate performance bottlenecks associated with traditional FPGA devices on the market.
Data Centers and Computing Vertical of FPGA Market will register the Highest CAGR from 2022 to 2027.
The data center and computing segment is expected to account for the highest CAGR in the FPGA market from 2022 to 2027. The high growth rate is attributed to increasing data center installations globally. In May 2022, NTT Communications (Japan) launched a new hyperscale data center in Mumbai, India. The company also aims to open 8 new data centers by the end of 2024. In February 2022, the National Development and Reform Commission (NDRC), China, which is the country’s leading economic planner, announced the construction of 10 new data center clusters in the country. These data centers must be workload-optimized to accommodate dynamic changes in latency, power requirements, and data rates. FPGAs are well suited for compute-intensive workloads in data center applications. The offered data centers will foster new market opportunities for FPGA vendors during the forecast period.
Asia Pacific to Hold Largest FPGA Market Share from 2022 to 2027.
Asia-Pacific will hold the largest FPGA market share from 2022 to 2027. Rising automotive production in China will support the growth of the FPGA market across Asia-Pacific. China ranks first in the production of motor vehicles in Asia-Pacific. According to the International Organization of Automobile Manufacturers, China produced 26.08 million units of vehicles in 2021. Vehicle production rose 3 percent year-on-year from 25.22 million units in 2020. Vehicle networking and connectivity systems, automotive infotainment systems, and electric vehicles (EVs) are a few application areas for FPGAs in the automotive sector. The growing adoption of electric vehicles and the deployment of electric vehicle charging stations across the country will create growth opportunities for FPGA vendors in the region.
Major players in the FPGA market are Xilinx, Inc. (Advanced Micro Devices, Inc.) (US), Intel Corporation (US), Microchip Technology Inc. (US), Lattice Semiconductor Corporation (US) United States), Achronix Semiconductor Corporation (United States), QuickLogic Corporation (United States), Efinix, Inc. (United States), Flex Logix Technologies, Inc. (United States), GOWIN Semiconductor Corporation (China) and S2C (China).
Apart from these, Renesas Electronics Corporation (Japan), AGM Microelectronics (China), Shanghai Anlu Information Technology Co., Ltd. (China), Shenzhen Ziguang Tongchuang Electronics Co., Ltd. (China), Xian Zhiduoji Microelectronics Co., Ltd. (China), LeafLabs, LLC (USA), Aldec, Inc. (USA) and Mistral Solutions Pvt. ltd. (India), are among the few emerging companies in the FPGA market.
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