Application-specific Integrated Circuit (ASIC) Market

29 Apr


Application-specific Integrated Circuit (ASIC) Market Poised to Grow at a CAGR of 9.8% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Application-Specific Integrated Circuit (ASIC) Market. The report presents analysis of global as well as regional markets of application-specific integrated circuit (ASIC) Market over the period of 2016 to 2024. ASICs can be very cost effective for many applications where the volumes are high. It can be designed according to exact requirement. ASIC’s are vastly used in consumer electronics products like cell phones and other related products. Also the growing use of application integrated circuits in the IT & Telecommunication is driving the growth of application specific integrated circuits.


The Application specific integrated circuits enables establishment of complete mechanism on single chip as they are cable of integrate both analog and logic functions that is likely to boost the growth of Application specific integrated circuits market. However, the manufacturing and the designing of circuit particularly, if only a few units are needed are expensive that are hampering the growth of Application specific integrated circuit.  Moreover, ongoing technological advancements in the field of integrated circuits are projected to create several opportunities in the application specific integration market over the forecast period. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global application-specific integrated circuit (ASIC) Market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that North America dominated the global application-specific integrated circuit (ASIC) Market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the application-specific integrated circuit (ASIC) Market worldwide.


The report segments the global application-specific integrated circuit (ASIC) Market on the basis of Design Type and Application .


Global Application-specific integrated circuit (ASIC) Market by Design Type

·         Full Custom

·         Semi-custom

·         Programmable


Global Application-specific integrated circuit (ASIC) Market by Application 

·         Telecommunication

·         Consumer Electronics

·         Automotive

·         Industrial

·         Others


Companies Profiled in the Report

·         Texas Instruments Inc.

·         STMicroelectronics N.V.

·         Infineon Technologies AG

·         Qualcomm, Inc

·         ON Semiconductor

·         Linear Technology Corporation

·         Maxim Integrated Products Inc

·         Analog Devices

·         Renesas Electronics

·         STMicroelectronics N.V.


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.