Application Specific Integrated Circuit (ASIC) Market | Covid-19 Impact Analysis

Application Specific Integrated Circuit Market Insights

Application specific integrated circuit market is likely to witness a CAGR of 5.5% during the forecast period. The prime factor driving the application specific integrated circuit market is the growing demand from the consumer electronics segment.

Market Share Analysis

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Application Specific Integrated Circuit Market Share: By Product Type

Based on the product type, the market is segmented as full custom ASIC, semi-custom ASIC, and programmable ASIC. The semi-custom ASIC segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Wide range of applications and low complexities are the major factors that have led to the dominance of the semi-custom ASIC segment.

Application Specific Integrated Circuit Market Share: By Application Type

Based on the application type, the ASIC market is segmented as telecommunications, industrial, automotive, consumer electronics, and others. The consumer electronics segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Increasing usage of ASIC in smart phones, tablets, and laptops along with rapidly growing demand for these products from consumers across the globe is the major factor behind the growth of the consumer electronics segment.

Application Specific Integrated Circuit Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market for application specific integrated circuit during the forecast period. China, Japan, Taiwan, South Korea and India are the major economies contributing towards the growth and high demand for application specific integrated circuit in the region. Huge consumer base, growing disposable income of consumers, and rapidly growing urbanization are the major factors driving the growth of the Asia-Pacific market. North America and Europe are also expected to witness a healthy demand for application specific integrated circuit during the forecast period.

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Some of the major players in the application specific integrated circuit market are-

• Infineon Technologies AG
• Semiconductor Components Industries, LLC
• OmniVision Technologies
• Tekmos Inc.
• Seiko Epson Corporation
• Socionext America Inc.
• Intel Corporation.

Market Scope & Segmentation

Application specific integrated circuit is an integrated circuit (IC) chip customized for a particular range of uses, rather than intended for general purpose use. Based on the product type, application specific integrated circuit can be categorized into full custom ASIC, semi-custom ASIC, and Programmable ASIC. On the basis of application type, it can be categorized into telecommunication, industrial, automotive, consumer goods, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The application specific integrated circuit market is segmented into the following categories. 

Application Specific Integrated Circuit Market Size, Share, & Forecast, by Product Type:

• Full Custom ASIC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Semi-Custom ASIC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Programmable ASIC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Application Specific Integrated Circuit Market Size, Share, & Forecast, by Application Type:

• Telecommunications (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Industrial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Application Specific Integrated Circuit Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the product types by application type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].