Application Specific Integrated Circuit Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Standard Cells, Gate Arrays), By Industry Vertical (Communication, Consumer Electronics, Automotive, Manufacturing), And By Geography- Forecasts From 2019 To 2024

The application specific integrated circuit market is projected to grow at a CAGR of 3.59% to reach US$19.436 billion by 2024, from US$15.732 billion in 2018. An application-specific integrated circuit is a kind of integrated circuit that is designed for a particular purpose. The growing era of digitalization and anticipated increase in the number of machine learning projects is expected to drive the growth of application specific integrated circuit market. Simultaneously, the rising investment in the development of IoT-related devices is further driving the revenue generation opportunities as IoT manufacturers are increasingly deploying custom-made ASICs to reduce the space on the chip and achieve the goal of optimized functioning of the device while consuming less power. Furthermore, the growing production of gaming consoles is boosting the demand for application specific integrated circuits. Moreover, the rising interest in cryptocurrency is leading to the increasing development of integrated circuits which are specifically designed for cryptocurrency mining, and thus, is further providing a revenue-generating opportunity for the manufacturers.

DRIVERS

Increasing production of IoT-related devices.

The growing interest in cryptocurrencies.

INDUSTRY UPDATE

In February 2019, Bitmain Technologies Limited launched the next generation 7nm ASIC chip ‘BM1397’ for mining crypto-currencies such as bitcoin and bitcoin cash.

Squire Mining Limited announced Gaonchips as the design house and Samsung Electronics as the foundry partner to manufacture its ASIC chips in Korea in September 2018.

Major industry players profiled as part of the report are HiSilicon Technologies Co., Ltd, Bitmain Technologies Limited, and STMicroelectronics among others.

Application Specific Integrated Circuit Market Scope:

Report Metric	Details
Market size value in 2018	US$15.732 billion
Market size value in 2024	US$19.436 billion
Growth Rate	CAGR of 3.59% from 2018 to 2024
Base year	2018
Forecast period	2019–2024
Forecast Unit (Value)	USD Billion
Segments covered	Type, Industry Vertical, And Geography
Regions covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies covered	Bitmain Technologies Limited, HiSilicon Technologies Co., Ltd., STMicroelectronics, Dialog Semiconductor, Global Foundries, Broadcom, Integrated Detector Electronic AS, Renesas Electronics, HMT Microelectronics AG
Customization scope	Free report customization with purchase

 

Segmentation

The application specific integrated circuit market has been analyzed through the following segments:

By Type

Standard Cells

Gate Arrays

 

By Industry Vertical

Communication

Consumer Electronics

Automotive

Manufacturing

 

By Geography

Americas

USA

Canada

Brazil

Others

 

Europe Middle East and Africa

Germany

France

United Kingdom

Italy

Others

 

Asia Pacific

China

Japan

South Korea

Taiwan

Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY 

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. APPLICATION SPECIFIC INTEGRATED CIRCUIT MARKET BY TYPE

5.1. Standard Cells

5.2. Gate Arrays

6. APPLICATION SPECIFIC INTEGRATED CIRCUIT MARKET BY INDUSTRY VERTICAL

6.1. Communication

6.2. Consumer Electronics

6.3. Automotive

6.4. Manufacturing

7. APPLICATION SPECIFIC INTEGRATED CIRCUIT MARKET BY GEOGRAPHY

7.1. Americas

7.1.1. USA

7.1.2. Canada

7.1.3. Brazil

7.1.4. Others

7.2. Europe Middle East and Africa

7.2.1. Germany

7.2.2. France

7.2.3. United Kingdom

7.2.4. Italy

7.2.5. Others

7.3. Asia Pacific

7.3.1. China

7.3.2. Japan

7.3.3. South Korea

7.3.4. Taiwan

7.3.5. Others

8. COMPETITIVE INTELLIGENCE

8.1.  Competitve Benchmarking and Analysis

8.2.  Recent Investment and Deals

8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Advanced Micro Design, Inc.

9.2. HiSilicon Technologies Co., Ltd.

9.3. STMicroelectronics

9.4. Dialog Semiconductor

9.5. Global Foundries

9.6. Broadcom

9.7. Integrated Detector Electronic AS

9.8. Renesas Electronics

9.9. HMT Microelectronics AG

9.10. List is not exhaustive*

LIST OF FIGURES

LIST OF TABLES

Bitmain Technologies Limited

HiSilicon Technologies Co., Ltd.

STMicroelectronics

Dialog Semiconductor

Global Foundries

Broadcom

Integrated Detector Electronic AS

Renesas Electronics

HMT Microelectronics AG

List is not exhaustive*