DUBLIN--(BUSINESS WIRE)--The "Application Specific Integrated Circuits - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to this report, the Global Application Specific Integrated Circuits Market is expected to grow at a CAGR of 10.2% during the forecast period.
Some of the factors such as rising demand in the consumer electronics sector owing to the energy efficient solutions and low cost of implementation are fueling the market growth. However, high price of producing customised circuits is limiting the market growth. Application Specific Integrated Circuits market provides ample opportunities to the ongoing technological advancements in the field of integrated circuits.
Amongst End User, Industrial segment accounted held significant market share during the forecast period. The significant usage of these circuits in industrial applications including Micro-Power 555 Programmable Timer, Thermal Controller, and 8 Bit Microcontrollers are having a significant growth of the market.
By region, North America holds a dominant position during the forecast period due to the significant presence of prominent players in the region including Analog Devices, Inc., Maxim Integrated Products Inc., ON Semiconductor, Qualcomm Inc., Intel Corporation, and Texas Instruments Inc. is one of the primary reasons for the growth within this region.
Types Covered:
- Programmable ASIC
- Full custom
- Semi- Custom Design
End Users Covered:
- IT & Telecommunication
- Industrial
- Consumer Electronics
- Healthcare
- Automotive
- Other End Users
Companies Featured:
- Analog Devices Inc.
- Infineon Technologies AG
- Intel Corporation
- Maxim Integrated Products Inc.
- NXP Semiconductors N.V.
- ON Semiconductor
- Qualcomm Inc.
- Renesas Electronics
- STMicroelectronics N.V.
- Texas Instruments Incorporated
For more information about this report visit https://www.researchandmarkets.com/research/4l4mdf/worldwide?w=4