The global FPGA
market is projected to reach USD 9.1 billion by 2026 from an estimated USD
6.2 billion in 2021, at a CAGR of 7.8% from 2021 to 2026. Increase in global
adoption of AI and IoT, and rising deployment of data centers and
high-performance computing are among the factors driving the growth of the FPGA
market.
Xilinx, Inc.
(US); Intel Corporation (US); Microchip Technology Inc. (US); Lattice
Semiconductor Corporation (US); QuickLogic Corporation (US); Efinix Inc. (US);
Flex Logix Technologies (US); GOWIN Semiconductor Corporation (US); Achronix
Semiconductor Corporation (US); and S2C, Inc. (US); are some of the key players
in the FPGA market. These players have adopted various growth strategies, such
as product launches, expansions, partnerships, collaborations, and mergers and
acquisitions to retain their presence in the FPGA market. Product launches has
been the most dominating strategy adopted by the key players from January 2018
to December 2021 to help them strengthen their product portfolio and broaden
their customer base.
Xilinx, Inc. held
the leading position in the FPGA market as one of the key manufacturers of
FPGAs. The company is known for the invention of FPGAs. The company held
~50%-55% share of the FPGA market in 2020. Xilinx Inc. focuses on organic and
inorganic growth strategies such as product launches, collaborations, and
acquisitions to sustain its position in the FPGA ecosystem. In October 2020,
AMD entered into an agreement for the acquisition of Xilinx, and this
acquisition is expected to accelerate the growth of both companies in the FPGA
market and strengthen their customer base.
Intel Corporation
held the second position in the FPGA market. The company is a well-established
brand in the FPGA market. Intel Corporation held ~32%-35% share of the FPGA
market in 2020. The company focuses on extensive R&D to strengthen its
product portfolio. Moreover, Intel Corporation has been focusing on the
implementation of both organic and inorganic growth strategies in the form of
new product launches, and partnerships. Over the years, the company has
developed numerous products.
Microchip Technology
Inc. has secured third position in the FPGA market. The company entered the
FPGA market by acquiring Atmel Corporation in 2016. The companys solutions
serve more than 120,000 customers across the industrial, automotive, consumer,
aerospace & defense, communications, and computing applications. Microchip
Technology Inc. offers technologically advanced FPGAs that deliver low-risk
product growth, lower overall device cost, and quicker time to market to
thousands of customers around the world. has been strategically implementing a
mix of organic and inorganic growth strategies in the form of new product
launches and acquisitions to sustain its value in the market.
Lattice
Semiconductor Corporation has secured fourth position in the FPGA market. The
company manufactures high-performance and low power programmable devices. With
its global presence the company’s products have application across industries
such as data center systems, client computing, wireless & wireline
communication, factory automation, automotive, defense, and consumer. The
company’s focus on new product launches and collaborations has helped it to
maintain its brand value. Lattice Semiconductor Corporation focuses on
extensive R&D to strengthen its product portfolio. In 2020, the company
spent ~22% of its overall revenue on R&D.
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QuickLogic
Corporation has secured fifth position in the FPGA market. The company has a
strong and broad portfolio of low power, multi-core MCU, AI, Voice, Dev Boards,
eFPGAs, FPGA, and Display Bridges. The company’s products have applications
across the hearables, wearables, remote control, Industrial IoT, smart home,
and aerospace & defense verticals. QuickLogic Corporation has been focusing
on the implementation of organic and inorganic growth strategies in the form of
new product launches, product enhancements, collaborations, and partnerships.
In 2020, QuickLogic Corporation spent ~87% of its overall revenue on R&D.
Moreover, the North American region, constitutes ~60% of the company’s overall
revenue.
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