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Global Application Specific Integrated Circuit Market Share: By Product Type: Full Custom ASIC, Semi-Custom ASIC, Programmable ASIC; By Application: Telecommunications, Industrial, Automotive, Consumer Electronics, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Application Specific Integrated Circuit Market Outlook
The global application specific integrated circuit market is expected to grow at a CAGR of 5.7% during the period 2024-2032.
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Global Application Specific Integrated Circuit Market Likely to be Driven by Growing Use and Applications Across Sectors
The global market for application specific integrated circuits is expected to be driven by increased use in several sectors such as medical, consumer electronics, industrial (automotive, telecommunications, electrical, etc.), aeronautics, space & defence, transport, and Internet of Things (IoT). North America, Europe and Asia are projected to be key markets.
Application Specific Integrated Circuits or ASICs refer to non-standard integrated circuits devised for a particular application or use. Usually, an ASIC design is undertaken for a product with a large intended production run. Application specific integrated circuits may carry a significantly large percentage of the electronics required on a single integrated circuit. Application specific integrated circuits are costly to design, therefore, employed generally in high volume products (such as cell phones and applications of the like). However, application specific integrated circuits may help reduce cost for applications if the volumes are sufficiently high. The application specific integrated circuit design may be customized to fulfil precise product requirements, furthermore, extra components can be significantly decreased in number as most of the whole design can be held in one integrated circuit.
Initially, application specific integrated circuits focused on logic function, however, novel mixed signal application specific integrated circuits integrate analogue (including RF) as well as logic functions, enabling a complete system on chip (SoC) wherein a whole system or product is put together on the chip with no requirement of additional components. This makes a mixed signal application specific integrated circuit design very useful for several applications.
Application specific integrated circuit development is a costly process. To decrease costs, several levels of customization may be used. There are fundamentally three levels of application specific integrated circuit that may be employed:
Gate Array – This is the least modifiable, with standard silicon layers but customizable metallisation layers permitting interconnectedness between different areas on the chip. This kind of application specific integrated circuit is suited to situations where a large volume of standard functions are needed that may be connected in a certain way to fulfil the given requirement.
Standard Cell – Here, the mask is a custom design, but the silicon comprises library elements. This offers a significant degree of flexibility if standard functions are able to fulfil requirements.
Full Custom Design – This is the most flexible type as it entails the application specific integrated circuit design to the transistor level. The design can be customized to precise circuit requirements. However, this type is costly and takes a lot of time to develop.
Application specific integrated circuits can offer solutions to challenges that are hard to resolve using conventional parts. Examples include ESD protection for harsh environment, wide supply voltage and temperature range, reverse polarity protection, overvoltage protection and detection, short and open circuit protection and detection, over temperature shut down, error code correction (ECC) on memories and communications links, spread spectrum clock and slew rate control to reduce EMI, and dual lock-step Arm architectures.
Benefits of application specific integrated circuits include decreased BOM, enhanced performance, lesser power consumption, better functionality, improved security, reduced size and weight, enhanced IP protection, better yields, decreased test and assembly costs, and better reliability.
Applications Across Sectors and Technological Developments Expected to Boost Market Growth
Industrial applications of application specific integrated circuit include pressure and flow sensors, gas sensors, chemical sensors, movement and occupancy sensors, motor and solenoid controllers, tags and RFIDs, inductive speed and position sensors, precision timers, GaN, laser and LED drivers, ultrasonic sensor drivers, and arm safety architecture.
Advancements in application specific integrated circuit technologies have enabled the introduction of next-generation designs, including custom sensor and control interfaces, wired and wireless connectivity, embedded security, AI and machine-learning, functional safety, high-voltage circuits and embedded memory.
Thus, increasing use of application specific integrated circuits across sectors including medical, industrial (automotive, telecommunications, electrical, etc.), aeronautics, consumer electronics, space & defence, transport, and IoT is expected to boost market demand.
Global Application Specific Integrated Circuit Market Segmentation
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By product type, the market is segmented into:
- Full Custom ASIC
- Semi-Custom ASIC
- Programmable ASIC
By application, the market is divided into:
- Telecommunications
- Industrial
- Automotive
- Consumer Electronics
- Others
By region, the market is classified into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Global Application Specific Integrated Circuit Market
The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Broadcom
- Comport Data
- FUJITSU
- Infineon Technologies AG
- Intel Corporation
- OmniVision Technologies, Inc.
- Semiconductor Components Industries, LLC
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Application Specific Integrated Circuit Market Analysis
8.1 Key Industry Highlights
8.2 Global Application Specific Integrated Circuit Historical Market (2018-2023)
8.3 Global Application Specific Integrated Circuit Market Forecast (2024-2032)
8.4 Global Application Specific Integrated Circuit Market by Product Type
8.4.1 Full Custom ASIC
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Semi-Custom ASIC
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Programmable ASIC
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Application Specific Integrated Circuit Market by Application
8.5.1 Telecommunications
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Industrial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Automotive
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Consumer Electronics
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Application Specific Integrated Circuit Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Application Specific Integrated Circuit Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Application Specific Integrated Circuit Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Application Specific Integrated Circuit Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Application Specific Integrated Circuit Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Application Specific Integrated Circuit Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Broadcom
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Comport Data
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 FUJITSU
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Infineon Technologies AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Intel Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 OmniVision Technologies, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Semiconductor Components Industries, LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Application Specific Integrated Circuit Market: Key Industry Highlights, 2018 and 2032
2. Global Application Specific Integrated Circuit Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Application Specific Integrated Circuit Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Application Specific Integrated Circuit Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Application Specific Integrated Circuit Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Application Specific Integrated Circuit Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Application Specific Integrated Circuit Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Application Specific Integrated Circuit Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Application Specific Integrated Circuit Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Application Specific Integrated Circuit Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Application Specific Integrated Circuit Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Application Specific Integrated Circuit Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Application Specific Integrated Circuit Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Application Specific Integrated Circuit Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Application Specific Integrated Circuit Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Application Specific Integrated Circuit Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Application Specific Integrated Circuit Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Application Specific Integrated Circuit Market Structure
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