Published Date: 2020-09-24
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According to the Graphical Research new growth forecast report titled Europe Field Programmable Gate Array (FPGA) Market size is set to be around USD 2.5 billion by 2026. The Europe FPGA market growth is attributed to increasing demand for ADAS and infotainment systems in the region. The OEMs are increasingly demanding FPGA-based automotive solutions, such as electronic stability control, automotive cruise control, blind spot detection, among others, to integrated them into vehicles. The rising concern among the population toward road safety has propelled the adoption of ADAS systems, supporting the market growth.
The high-range FPGA configuration segment is projected to grow at a significant rate at a CAGR of 8.4% over the forecast period. This configuration is capable of delivering high-performance and is integrated into technically-advanced products, such as multi-gigabyte transceivers, hard IP cores, and photonics devices, to offer high-speed data processing and high productivity.
The growing use of FPGA technology in robotic equipment is anticipated to fuel industrial application segment growth in the market. The companies developing robotic equipment are leveraging FPGA technology to enhance the operational precision.
The FPGA market in the UK is growing at a fast pace owing to the presence of established automotive players and AI startups in the region. Furthermore, companies, such as NVIDIA Corporation, Samsung, Graphcore, BenevolentAI, etc., in the region are heavily investing in the AI, contributing to the demand for FPGA chipsets. For instance, in July 2020, Grophcore, a chip designer based in the UK, introduced AI chip processor based on 7nm process technology, which is integrated with 59.6 billion transistors. These advancements are likely to boost the Europe FPGA market in forecast period. Moreover, in March 2018, the UK government launched ‘AI Sector Deal’, which emphasizes on development of the AI industry in the UK by investing approximately USD 1.27 billion in 2019.
The key players in the Europe FPGA market are focusing on continuous R&D activities and view product development and innovation as lucrative path for market expansion. For instance, in October 2019, Microchip introduced radiation-tolerant ‘PolarFire’ FPGA family, which has applications in electronic devices in satellites and spacecraft payload systems. Some of the key players in the region are Cobham PLC, Achronix Semiconductor Corporation, Cologne Chip AG, EnSilica, Microchip Technology, and ByteSnap Design.
Europe FPGA market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2015 to 2026, for the following segments:
Market Share, By Architecture
Market Size, By Process Technology
Market Forecast, By Configuration
Market Trends, By Application
The above information has been provided for the following regions and countries:
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