Industrial FPGA Market Size is estimated to reach $5.2 billion By 2030: IndustryARC

The Global Industrial FPGA Market size is estimated to reach $5.2 billion by 2030, growing at a CAGR of 13% over the forecast period 2024-2030 according to the latest market research report published by IndustryARC. FPGAs are versatile semiconductor devices that can be programmed and reprogrammed after manufacturing, making them highly adaptable to a wide range of applications, that are fueling the growth of the Industrial FPGA Market during the forecast period, finds IndustryARC in its recent report, titled “Industrial FPGA Market Size, Share & Trends Analysis Report By Technology (SRAM, Anti Fuse, Fuse, EPROM, EEPROM, Others), By Type (High End FPGA, Low End FPGA, Mid End FPGA), By Size (Less Than 28nm, 28nm-90nm, More than 90nm), By Functional Blocks (Logic Blocks- Transistor Pairs, Combinational Gates, N- Input Look up Tables, Multiplexes, Others, Routing), By Memory (Distributed Memory, Block Memory), By Applications (Robotics, Drivers & Motor Control, 3D Printers, PLC, IoT Gateways and Appliances, I/O Modules & Smart Sensors, Smart Grid, Trains & Railways, Human Machine Interface, Machine Vision, Smart Security, and Others) By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030

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Asia-Pacific to Register Highest Growth:

Asia Pacific region is analyzed to grow with the highest CAGR of 15% in the global industrial FPGA market over the forecast period 2024-2030. The growth in this region was attributed to several factors, including industrialization, technological advancements, increased manufacturing activities, and rising demand in healthcare sectors. The increasing adoption of FPGAs in emerging technologies such as machine learning, artificial intelligence, and 5G is driving the growth of the FPGA market in the Asia Pacific region.

Industrial FPGA Market 2024-2030: Scope of the Report

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Industrial FPGA Market Report – Key Takeaways:

• FPGAs: Powering the Robotic Revolution

       The need for Field-Programmable Gate Arrays (FPGAs) in the robotics sector has increased significantly over the past several years, driving a revolutionary wave of innovation and efficiency. FPGAs are used in robotics to provide the processing power, real-time control, and adaptability needed to achieve extraordinary performance in anything from factory automation to autonomous vehicles and cutting-edge medical devices. Robotic systems can quickly process massive volumes of sensor data, make snap judgments, and carry out accurate movements while minimizing delay. FPGAs are leading the way in enabling robots to improve productivity, safety, and their ability to interact seamlessly with people and complicated settings as the robotics landscape continues to change with a focus on collaborative and intelligent systems.

• SRAM is Leading the Market

        SRAM (Static Random-Access Memory) is indeed a fundamental and leading technology in the industrial FPGA (Field-Programmable Gate Array) market. SRAM plays a critical role in FPGAs for configuration storage, as well as for implementing various types of memory elements and logic functions within the FPGA fabric. SRAM-based configuration memory is essential for FPGAs. It allows users to load different configurations onto the FPGA to program the device for specific tasks or applications. This programmability is a key feature of FPGAs.

• Growing Demand for High-performance Computing and Data-Intensive Applications
  The growing demand for high-performance computing (HPC) and data-intensive applications has a significant impact on the industrial FPGA (Field-Programmable Gate Array) market. FPGAs are increasingly sought after to address the requirements of these demanding applications due to their ability to provide hardware acceleration, parallel processing, and real-time data handling. The industrial sector is adopting AI and machine learning for predictive maintenance, quality control, and process optimization. FPGAs, equipped with AI acceleration hardware, offer high-performance inference for edge devices and real-time analytics in manufacturing environments.
• High Cost Maintenance

      The high cost of maintenance and continuous support for Field-Programmable Gate Arrays (FPGAs) is one of the key difficulties in using these devices. Modern electrical systems today heavily rely on FPGAs, which are recognized for their versatility and computing power. This technical adaptability does, however, come at a cost—the ongoing costs associated with maintaining the performance and effectiveness of FPGA-based systems. These expenses cover a range of things, like hardware upkeep, firmware and software updates, unexpected breakdowns, and the hiring of qualified employees. In order to assure the continuous benefits of FPGA technology while efficiently managing the related costs, careful budgetary planning and resource allocation are required. This high cost of maintenance presents a substantial financial challenge for organisations.

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Key Opportunity Analysis:

• Rising demand for FPGAs in high bandwidth devices

        The rising demand for Field-Programmable Gate Arrays (FPGAs) in high-bandwidth devices is a significant trend in the industrial FPGA market. FPGAs offer flexibility and reconfigurability, making them ideal for applications in industries where high data throughput and low latency are crucial, such as automotive and industrial automation. This trend is driven by the need for real-time processing, accelerated data processing, and adaptability to evolving industrial requirements.

• Increasing penetration of FPGAs into military and aerospace industry

The increasing penetration of Field-Programmable Gate Arrays (FPGAs) into the military and aerospace industry is another notable trend in the industrial FPGA market. FPGAs offer advantages like rapid prototyping, reconfigurability, and the ability to meet stringent performance requirements, making them well-suited for applications in defense and aerospace, such as radar systems, avionics, and secure communications. This trend is driven by the industry’s need for advanced and adaptable electronic systems to address evolving threats and challenges. 

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The Report also Covers the Following Areas:

• Industrial FPGA Market Size and Forecast
• Industrial FPGA Market Trends
• Industrial FPGA Market Analysis by Type

Industrial FPGA Market 2024-2030: Key Highlights

• CAGR of the market over the forecast period 2024-2030
• Value Chain analysis of key stake holders
• Detailed analysis of market drivers and opportunities during the forecast period
• Industrial FPGA Market size estimation and forecast
• Analysis and predictions on end users’ behavior and upcoming trends
• Competitive landscape and Vendor market analysis including offerings, developments, and financials
• Comprehensive analysis of challenges and constraints in the Industrial FPGA Market

Covid and Ukrainian Crisis Impact:

• The pandemic caused disruptions in supply chains across various industries, including semiconductors. This could have led to delays in production and delivery of FPGA components, affecting the availability of products for industrial applications. Many industries, including manufacturing and automotive, experienced fluctuations in demand due to lockdowns, reduced consumer spending, and economic uncertainty. This have influenced the demand for industrial automation solutions that utilize FPGAs.

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List of Key Market Players in Industrial FPGA Market:

The key companies profiled in the API Security Market Report are listed below:

• Intel Corporation
• Xilinx, Inc.
• Qualcomm Technologies, Inc.
• NVIDIA Corporation
• Broadcom
• AMD, Inc.
• Quicklogic Corporation
• Lattice Semiconductor Corporation
• Achronix Semiconductor Corporation
• Microchip Technology Inc

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Field Programmable Gate Array (FPGA)Market – The FPGA Market Size is Projected to grow at a CAGR of 8.5% during 2024 and 2030. The growing demand for advanced driver-assistance systems (ADAS), the growth of IoT and reduction in time-to-market are the key driving factors for the FPGA market.

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