Field Programmable Gate Array (FPGA) Market Size, Share, Trends, Growth and Forecast 2032

Field Programmable Gate Array (FPGA) Industry Perspective:

The global field programmable gate array (FPGA) market size was worth around USD 11.71 billion in 2023 and is predicted to grow to around USD 29.19 billion by 2032, with a compound annual growth rate (CAGR) of roughly 10.68% between 2024 and 2032.

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Field Programmable Gate Array (FPGA) Market: Overview

A field programmable gate array (FPGA) is a highly versatile type of integrated circuit (IC). It is designed to be programmable and, in most cases, reprogrammable to meet the dynamic needs of the end-users. FPGA is significantly different from application-specific integrated circuits (ASICs) and has shown applications in prototyping and high-performance computing (HPC).

According to market research, FPGA can be used for several types of use cases, including experimental and emerging technologies, without being physically modified or making changes in the hardware. The two main parameters driving the demand and application for FPGA are extreme versatility and high performance. A field programmable gate array is used in applications that require real-time flexibility, low latency, and high performance. These reasons make FPGA highly sought-after in industries, such as aerospace, automotive, and telecommunications.

The market for FPGA is currently filled with a wide range of options, including Static Random-Access Memory (SRAM), system-on-chip FPGAs, hybrid FPGAs, electronically erasable programmable read-only memory (EEPROM) FPGAs, and others. During the forecast period, the demand for FPGA is projected to grow steadily with increased consumption in end-user industries. However, energy efficiency concerns and the high cost of development may impact the overall revenue in the field programmable gate array industry.

Key Insights:

• As per the analysis shared by our research analyst, the global field programmable gate array (FPGA) market is estimated to grow annually at a CAGR of around 10.68% over the forecast period (2024-2032)
• In terms of revenue, the global field programmable gate array (FPGA) market size was valued at around USD 11.71 billion in 2023 and is projected to reach USD 29.19 billion by 2032.
• The field programmable gate array market is projected to grow at a significant rate due to the increased demand in the automotive industry.
• Based on technology, the Static Random-Access Memory (SRAM) segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on application, the telecom segment is anticipated to command the largest market share.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Field Programmable Gate Array (FPGA) Market: Growth Drivers

Increased demand in the automotive industry to drive market demand rate

The global field programmable gate array (FPGA) market is projected to grow due to the increased applications in the automotive industry. According to market analysis, one of the largest contributors to the growing consumption of FPGA is the rising demand for more innovative automotive industry-based technologies.

For instance, the surge in the development of electric and hybrid vehicles has facilitated the need for more powerful ICs in the form of field programmable gate arrays. FPGAs are widely used during the development of advanced driver assistance systems (ADAS), which is a prominent safety feature in modern vehicles. Several countries across the globe are working on mandating the use of ADAS in vehicles in the coming years.

Field programmable gate arrays allow real-time and quick processing of data obtained by sensors, thus preventing accidents, collisions, and other forms of unwanted situations during driving. In addition, FPGA is a prominent part of self-driving or autonomous vehicles as the advanced ICs facilitate the functions of self-driving automotives. The growing investments in the development of commercial-scale autonomous vehicles are expected to further help fuel the demand for FPGA. In December 2024, Waymo, a leading developer of autonomous vehicles, announced plans to start testing self-driving cars in Tokyo in 2025.

Increased development of data centers to create revenue in the FPGA industry

Market analysis suggests that FPGA can enhance the value of data centers. They can facilitate the working of low-latency servers, high bandwidth, storage infrastructure, and networking. The solutions available in the global field programmable gate array (FPGA) market are expected to deliver exceptional results in the coming years due to the increased development of powerful data centers worldwide.

According to market research, the European market witnessed an increase of more than 165% in data center investment in 2024 compared to 2023. Countries such as China, the US, India, London, and Germany are likely to lead the investment rate in the data center industry.

Field Programmable Gate Array (FPGA) Market: Restraints

High initial cost of development to limit the industry’s expansion rate during the future

The global industry for field programmable gate arrays (FPGA) is projected to be restricted due to the high cost of initial investment. For instance, the current production volume for FPGAs is relatively low, which contributes to increased production expenses.

In addition, FPDA chip development requires the assistance of highly skilled professionals in a time-consuming process. The development of an effective and functional field programmable gate array can take years of research and innovation. The use of advanced manufacturing processes further escalates overall expense, leading to a limited number of players.

Field Programmable Gate Array (FPGA) Market: Opportunities

Rising investments in Artificial Intelligence (AI) and unmanned aerial vehicles (UAVs) to create growth opportunities

The global field programmable gate array (FPGA) market is expected to generate growth opportunities due to the rising investments in AI and UAVs. These cutting-edge technologies demand the use of high-performance and versatile ICs such as FPGAs. For instance, market analysis suggests that the high-speed signal processing algorithms of field programmable gate arrays make them widely suited for sensor processing, flight control, and communication tasks that are a part of unmanned aerial vehicles. Furthermore, the increasing research & development of AI-based solutions across industries such as manufacturing, automation & robotics, and edge AI devices will create more expansion avenues for providers of FPGAs.

In September 2024, Flying Wedge Defense and Aerospace (FWDA), one of India’s leading players in the UAV sector, announced the launch of the country’s first indigenous Unmanned Combat Aerial Vehicle (UCAV) called FWD 200B. In November 2024, the US Department of Defense (DOD) announced the launch of a new round of Replicator unmanned aerial vehicle selections. In November 2024, reports emerged suggesting that the US was testing a UAV worth USD 150 million named MQ-twenty-five Stingray in the middle of the ocean.

Field Programmable Gate Array (FPGA) Market: Challenges

Concerns over power efficiency of FPGA to limit industry’s growth rate

One of the major concerns impacting the performance of the global field programmable gate array (FPGA) industry is the excessive consumption of energy. FPGAs may thus be deemed unsuitable for energy-efficient applications. Furthermore, the growing disruptions in the supply chain of raw materials required for FPGA production and final goods due to changing geopolitical situations may further limit the overall revenue in the market.

Field Programmable Gate Array (FPGA) Market: Report Scope

Field Programmable Gate Array (FPGA) Market: Segmentation

The global field programmable gate array (FPGA) market is segmented based on technology, type, application, and region.

Based on the technology, the global market segments are anti-fuse, SRAM, Flash, EEPROM, and others. In 2023, the highest growth was in the Static Random-Access Memory (SRAM) segment. It dominated nearly 44.01% of the final revenue generated in 2023. The higher performance index of SRAM including improved re-programmability, high integration, and flexibility are critical segmental growth drivers. During the projection period, flash FPGAs are expected to grow at a CAGR of more than 11.5% due to expanding end-user applications.

Based on type, the global field programmable gate array (FPGA) industry is divided into high-end, mid-range, and low-end.

Based on application, the global market segments are telecom, military & aerospace, industrial, automotive, consumer electronics, data processing, industrial, and others. In 2023, the highest demand was listed in the telecom segment. It generates more than 32.01% of the final revenue. The surging applications of FPGA in the telecom industry in the form of data packet processing,  optical transport networks, and packet switching are causing segmental dominance. In the coming years, the military & aerospace industry is projected to grow at a CAGR of 12.8%.

Field Programmable Gate Array (FPGA) Market: Regional Analysis

Asia-Pacific to continue dominating the market during the forecast period

The global field programmable gate array (FPGA) market is expected to be led by Asia-Pacific during the projection period. In 2023, it dominated nearly 46.05% of the total market share. Countries such as China, India, Taiwan, and others were leading contributors to the regional market. Taiwan, for instance, is one of the world’s leading players in the semiconductor market, manufacturing basic to most advanced technologies. China, on the other hand, has been steadily increasing its investments in the IC sector with a special focus on FPGA.

In July 2024, China hosted Asia’s largest electronics show under the brand name Electronica China, where developments around FPGA obtained central focus. At the event, ALINX announced the launch of the Z19-M FPGA+Graphics Processing Unit (GPU) heterogeneous video and image processing development platform.

North America is expected to generate significant revenue in the coming years, which will be led by the increasing use of FPGA across major end-user industries. The surging development of 5G infrastructure and increased construction of massive-scale data centers are some of the leading reasons for the increased regional growth rate. Additionally, autonomous vehicles, including self-driving cars, are widely popular in the North American market further helping the region thrive.

Field Programmable Gate Array (FPGA) Market: Competitive Analysis

The global field programmable gate array (FPGA) market is led by players like:

• Achronix Semiconductor Corporation
• AMD (acquired Xilinx in 2022)
• Tabula (ceased operations in 2015)
• Intel (acquired Altera in 2015)
• Cologne Chip
• Atmel (acquired by Microchip Technology in 2016)
• Lattice Semiconductor
• Altium
• SiliconBlue Technologies (acquired by Lattice Semiconductor in 2011)
• Microchip Technology (acquired Microsemi in 2018)
• BAE Systems
• QuickLogic Corporation
• Qualcomm
• GOWIN Semiconductor Corp.
• Efinix Inc.

The global field programmable gate array (FPGA) market is segmented as follows:

By Technology

• Antifuse
• SRAM
• Flash
• EEPROM
• Others

By Type

• High-End
• Mid-Range
• Low-End

By Application

• Telecom
• Military & Aerospace
• Industrial
• Automotive
• Consumer Electronics
• Data Processing
• Industrial
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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