As many sensors, including moisture and temperature sensors, operate continuously, parallel implementation is a fundamental benefit of FPGAs. FPGAs are typically more energy-efficient for the Internet of Things since no time must be spent looping and waiting for delays. The growth in demand for semiconductors and other materials is noted by the expectation that the need for the Internet of Things will continue to grow even after the estimated duration. By 2025, the semiconductor and sensor market for Internet of Things tools is expected to reach USD 114.2 billion, according to SEMI. IoT has the potential to be a major factor in the development of remarkable inventions, new business models, and many improvements to global society. FPGAs are being combined by market vendors to create internet of Things devices and solutions. As technology changes, more factories are using FPGA chips and their methodologies. Because of FPGAs' higher performance, high-frequency on-chip network, low latency, workflow, and arbitration capabilities, there is a growing demand. The development of new electronics, like smartphones and handheld gadgets, has opened up a few opportunities.
Coherent Market Insights estimates that the market for Field Programmable Gate Array was estimated to be worth USD 6,958.2 million in 2021, and from 2022 to 2030, it is expected to rise at a CAGR of 8.9%.
Major Players in the Field Programmable Gate Array Industry:
1. Xilinx Inc. (AMD Corporation)
The company was started in 1984 and has its main office in California, U.S. The business creates, produces, and sells comprehensive programmable logic systems. Alveo U55C, Xilinx's most efficient accelerator card designed specifically for HPC and big data projects, was approved in NOV 2021. The industry's first and only manufacture-ready multimedia streaming endpoint solutions for broadcast and professional audio/video (AV) submissions will be made available by Xilinx, Inc. starting in OCT 2021.
2. Intel Corporation,
The business was founded in 1968 and is based in California, United States. The Intel Corporation develops, produces, and markets computer hardware and related goods. Intel and Brookfield Asset Management agreed to a $30 billion collaboration in August 2022 to pay for recent manufacturing expansions. According to reports, Intel chose New Albany, Ohio, a city close to Columbus, Ohio, as the location for a sizable new manufacturing facility in January 2022.
3. Quicklogic Corporation
The company was established in 1988 and is located in California, United States. The fabless semiconductor company QuickLogic Corporation creates and sells low power customised semiconductor components for tablets, smartbooks, netbooks, cloudbooks, smartphones, datacards, and mobile enterprise goods.
4. GOWIN Semiconductor Corporation
The firm was started in 2014 and is based in Guangzhou, Guangdong, China. The Corporation manufactures and markets chips. Field-programmable gate array chips and other items are produced and sold by the company. A pioneer in FPGA products with low power consumption, compact size, and inexpensive price is GOWIN Semiconductor.
5. Microchip Technology Incorporated
The firm was established in 1989 and is based in Arizona, United States. The company creates, produces, and sells microcontrollers for high-volume embedded control applications, along with related mixed-signal and memory solutions. The business also develops, produces, and sells systems for power management, thermal management, and linear and mixed-signal applications.
6. Lattice Semiconductor Corporation
The company was founded in 1983 and is located in Oregon, United States. The business creates, produces, and sells programmable logic devices. The company provides three different semiconductor device types: programmable logic devices, application-specific standard products for video communication, and millimetre wave devices. Lattice Semiconductor Corporation acquired Mirametrix, Inc. in NOV 2021, a software firm focused on creating AI techniques for computer vision applications.
7. Efinix Inc.
The company was started in 2012 and is based in Santa Clara, California, United States. In terms of programmable product platforms and technologies, Efinix is a pioneer. Advanced programmable silicon devices in the ASIC, ASSP, and FPGA segments are made possible by the company's quantum programmable technology.
Definition: The term "field programmable" refers to an integrated circuit or combination device that allows for customer or designer design modifications after manufacture. Typically, a hardware description language is used in a certain way for the field programmable gate array configuration.
