Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Special Graphite Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 18.2% during the review period (2022 to 2027).
The programmable logic device has undergone significant changes in recent years due to increased flexibility, programmability, and reconfigurability. The programmable logic device, also known as field programmable logic, is used to develop integrated circuits. The main advantage of PLDs is that they can be reprogrammed an unlimited number of times, which aids end-users in developing new circuitry.
The growing emphasis of various organizations on reducing power consumption and improving the efficiency of business operations is expected to be the primary driver of the global programmable logic device (PLD) market during the forecast period. Furthermore, the ability of the programmable logic device to be used across various industrial sectors is expected to be another factor driving growth in the global programmable logic device market.
Field programmable gate array (FPGA) advancements are increasing demand for the programmable logic device. The programmable logic device (PLD) market is driven by reprogrammability, as PLDs can be reprogrammed without being removed from the circuit board, as well as low design cost because it is implemented on a single device, among other factors.
Because of their low cost and ability to be implanted on single circuits, reprogrammable devices are becoming increasingly popular. As a result, it will be a major driving force in the global programmable logic device market during the forecast period.
The increasing adoption of reprogrammable logic circuits by various industries to improve business operations is expected to be the primary driver of the global programmable logic device market.
The global Programmable Logic Devices (PLD) includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Microchip Technology, Panasonic, STMicroelectronics, Texas Instruments, Altera, Xilinx, Atmel Corporation, Lattice Semiconductor, Maxim Integrated, Texas Instruments and others.
Tekron International Limited is acquired by Microchip.
Oct. 2, 2020 — Microchip Technology Inc. (Nasdaq: MCHP) announced today the acquisition of Tekron International Limited, a global leader in GPS and atomic clock time-keeping technologies and solutions for smart grid and other industrial applications. The terms of the agreement are private.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
North America is expected to account for the largest share of the global programmable logic device market. This is due to the region's high concentration of key logic circuit manufacturers. During the forecast period, the Asia Pacific region is expected to be the fastest growing region for the global programmable logic device market. During the forecast period, rising industrialization in the region is expected to boost demand for programmable logic devices.
The Programmable Logic Devices (PLD) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Programmable Logic Devices (PLD) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Programmable Logic Devices (PLD) Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Programmable Logic Devices (PLD) Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Programmable Logic Devices (PLD) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Microchip Technology, Panasonic, STMicroelectronics, Texas Instruments |
Forecast Period 2022 to 2027 CAGR | CAGR of 18.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Microchip Technology, Panasonic, STMicroelectronics, Texas Instruments, Altera, Xilinx, Atmel Corporation, Lattice Semiconductor, Maxim Integrated, Texas Instruments |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 137 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Programmable Logic Devices (PLD) Market is studied from 2017 - 2027.
What is the growth rate of the Programmable Logic Devices (PLD) Market?
The Programmable Logic Devices (PLD) Market is growing at a CAGR of 18.2% over the next 5 years.
Who are the key players in Programmable Logic Devices (PLD) Market?
Microchip Technology, Panasonic, STMicroelectronics, Texas Instruments, Altera, Xilinx, Atmel Corporation, Lattice Semiconductor, Maxim Integrated, Texas Instruments
What regions does this Programmable Logic Devices (PLD) Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Programmable Logic Devices (PLD) Market?
Simple Programmable Logic Devices (SPLD), Complex Programmable Logic Devices (CPLD), Field Programmable Gate Arrays (FPGA)
What are the major end-use applications of Programmable Logic Devices (PLD) Market?
Consumer Electronics, Automotive, Data Computing, Industrial, Telecom, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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