Application Specific Integrated Circuit Market Analysis

End-User (Consumer Electronics, Automotive, Telecommunication, Healthcare, Aerospace, Media & Entertainment, Industrial)

The consumer electronics segment is estimated to hold the largest application specific integrated circuit market share of about 35% between 2024 and 2036. This vertical is expected to offer profitable growth opportunities for all parties involved in the value chain, mainly due to the increasing global use of application specific integrated circuits in laptops, tablets, and smartphones. As of 2023, there are 1.28 billion tablet users worldwide, according to a recent report. In 2022, tablet users in the US spent an average of 7.42 minutes using the device.

Due to its numerous benefits, such as reduced power consumption, IP security, small size, and increased bandwidth, ASICs are becoming increasingly popular in the consumer electronics sector. The fast development of electronic gadgets has also made it possible for increased stability and energy efficiency, which is driving the market expansion. These integrated circuits (ICs) have a wide range of uses outside of the consumer electronics industry, including the telecommunications, industrial, and healthcare sectors.

Type (Full Custom ASIC, Semi-Custom ASIC, Programmable ASIC)

The semi-custom ASIC segment in the application specific integrated circuit market is projected to hold the largest revenue share of about 45% through 2036. Its broad range of applications and relatively lower complexity as compared to the other segments are the reasons for its rise. Three different types of ASICs are often offered by manufacturers in the ASIC market: programmable, full-custom, and semi-custom ASICs.

This is explained by its electrical and digital-logic characteristics, which include things like capacitance and inductance. High component density and enhanced electrical performance are made possible by these attributes. Furthermore, because powerful static random-access memory and internet protocol cores are integrated into cell-based ASICs, they are versatile and can be applied to a wide range of products, regardless of design complexity, enabling smooth system operation.

Our in-depth analysis of the global market includes the following segments:

Type	Full Custom ASIC Semi-Custom ASIC Programmable ASIC
Application	Wireless Communication Inferencing Application Acceleration & Storage Video & Broadcast Process & Quality Control Security & Surveillance Electrical Distribution
End-User	Consumer Electronics Automotive Telecommunication Healthcare Aerospace Media & Entertainment Industrial

Frequently Asked Questions (FAQ)

There are advantages to using field-programmable gate arrays (FPGAs) for logic solutions in aerospace applications will majorly drive the market growth of the application specific integrated circuit market.

The market size of the application specific integrated circuit market is expected to get a CAGR of approximately 6% over the forecast period, i.e., 2024-2036.

The major players in the market are Intel Corporation, Faraday Technology Corporation, Infineon Technologies AG, ASIX Electronics, OmniVision Technologies, Inc., Semiconductor Components Industries, LLC, Tekmos Inc., Marvell, ICâ€™Alps, Samsung Electronics, Fujitsu Limited, SEIKO Epson Corporation, Renesas Electronics Corporation, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Sony Semiconductor Solutions Group.

The semi-custom ASIC segment is anticipated to reap the largest market size with almost 45% by the end of 2036 and demonstrate substantial growth scopes.

The market in the APAC region is expected to have the largest market share of 30% by the end of 2036 and provide more business opportunities in the future.

Application Specific Integrated Circuit Market Analysis