MarketResearchReports.biz has announced the addition of a new report, titled “Global Hybrid FPGA Market 2017–2021” to its offering. The research on the field programmable gate arrays (FPGAs) offers in-depth insights into the key drivers and challenges, notable trends, growth rate of major segments, emerging applications, lucrative growth avenues in various regions, and vendor landscape. The research highlights recent advances on telecommunication technologies and evaluates their impact on emerging opportunities for vendors. The global hybrid field programmable gate arrays market is projected to rise at a CAGR of 9.44% from 2017 to 2021.
The drive for development of FPGA technology stems from the need for speeding up computationally intensive applications and to overcome the limitations of application-specific integrated circuits (ASICs) in a variety of consumer electronics. The demand for hybrid FPGA consisting of FPGA and complex programmable logic devices based on programmable logic arrays (PLAs) has arisen to address the challenges of high-power consumption in conventional FPGA. The growing demand for hardware customization and the need for finding substitutes for ASICs are key factors bolstering the uptake of hybrid FPGA.
The mounting need of achieving off-the-shelf economies of scale and recent technological developments related to coarse-grained architectures in circuits are seminal factors boosting the hybrid FPGA market. The growing popularity of hybrid FPGA cloud services is a key trend expected to catalyze the market growth. The rapidly growing initiatives in integrating telecom equipment with hybrid FPGA technology among service providers of wired and wireless communication technologies is a key development projected to boost the market in various regions.
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Recent advances in communication technologies such as LTE, WiMAX, and 5G, has positively impacted the market and is expected to unlock exciting opportunities for vendors along the forecast period. In addition, the rising adoption of wireless communication technologies and the growing popularity of hotspots are the key factors expected to accentuate the market.
The advent of alternative technologies and challenges faced by system developers in choosing the custom components for the hybrid architecture are the key factors likely to hinder the market to an extent. Nevertheless, the growing adoption of Internet of Things (IoT) and the soaring popularity of machine to machine (M2M) connections are expected to open exciting opportunities in the market. In addition, with a markedly low threat of entry, the market is fairly competitive, which mandates the constant influx of innovative offerings by system developers and constant commercialization of upgraded products. This is a key factor expected to open lucrative avenues in major application areas such as industrial, automotive, and consumer electronics.
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Regionally, APAC (Asia Pacific) is a prominent market for hybrid FPGA market in 2016, mainly attributed to the large presence of numerous clients in the region. In addition, the surging demand for consumer electronics and the implementation of micro controller unit (MCUs) in the automotive sector is further predicted to boost the regional market.
Some of the leading vendors in the hybrid FPGA market are Lattice Semiconductor Corporation, Intel, Achronix Semiconductor, and Xilinx, Inc.