Simple Programmable Logic Device Market Size & Share, by Type (Programmable Array Logic, Generic Array Logic, Programmable Logic Arrays, Programmable Logic Devices); Application (Device-to-Device Interfacing, Data Communication, Signal Processing, Data Display, Timing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5443
  • Published Date: Dec 05, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Simple Programmable Logic Device Market size is predicted to reach USD 12 billion by the end of 2036, growing at a CAGR of over 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of simple programmable logic device was about USD 6 billion. This growth is set to be influenced by a surge in consumption of energy from electronic devices. For instance, the information, communication, and technology industries are thought to be accountable for between 5% and 9% of the world's total electricity usage. By 2030, machines might account for up to 20% of global power generation if expansion rates stay the same. As a result, the demand for miniaturized devices is surging.

Due to their small size, gadgets that are considered miniatures usually have lower power usage. Power consumption varies with load, capacitance, and the square of the operating voltage. The capacitance is incredibly minimal since everything is so tiny. Also, great investment and various advanced technologies have been extensively used for the process of reducing the size of electronic components in order to achieve the goal of minimizing energy consumption by reducing size. Therefore, the simple programmable logic device market is also estimated to grow over the coming years.


Simple Programmable Logic Device Market
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Simple Programmable Logic Device Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~7%

Base Year Market Size (2023)

USD 6 Billion

Forecast Year Market Size (2036)

USD 12 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Simple Programmable Logic Device Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Use of Simple Programmable Logic Devices in IoT Devices - The demand for IoT devices is surging currently all around the world. The increasing number of connectivity alternatives is a key driver behind the Internet of Things' growth. Owing to the widespread availability of 5G networks and high-speed internet, gadgets are able to interact more quickly and effectively than in the past. Improved connection creates new opportunities for Internet of Things applications in fields including industrial automation, and smart cities. Further, these gadgets are been deployed with simple programmable logic devices which is why the simple programmable logic device market is surging.
  • Surge in Integration of AI in Simple Programmable Logic Devices SPLD programming may profit from artificial intelligence (AI), which provides fresh approaches to automating and optimizing industrial operations. AI may improve SPLD programming through the integration of machine learning methods. Furthermore, in order to spot patterns and trends, AI can examine vast volumes of data from sensors, SPLDs, and other devices. By using this data, industrial operations may be optimized to use less energy, more efficiently, and produce less waste. Furthermore, SPLD programs may be automatically adjusted by AI algorithms to optimize the process in real-time. Additionally, AI has the ability to analyze sensor and SPLD data to find operational abnormalities. In order to reduce downtime or quality problems, operators may initiate corrective action by identifying any issues before they become critical.
  • Growth in Production of Automotive - Over 84 million motor automobiles were generated in the world in 2022, an over 4% rise from 2021. Hence, with this, the demand for the simple programmable logic device market is also growing Moreover, among every other vehicle utilizing simple programmable logic devices, autonomous vehicles have seen the largest adoption. These automobiles have sensors and algorithms that allow them to navigate and make analyses on the road. One of the include of sensors includes ECUs. In addition, ECUs regulate a number of engine parameters, such as temperature, ignition timing, and fuel injection. Hence, in the automotive industry, programmable electronics are essential for enhancing vehicle safety and performance.

Challenges

  • High Additionally Cost of SPLD - Even though the price of a simple programmable logic device might seem less, it still requires high investment. With the advancement of integration and miniaturization of next-generation logic devices, processing costs rise. Due to their constrained financial resources, SMEs are unable to purchase such expensive solutions. Proper security features are also absent from logic devices.
  • Surge in Trend of Cyber Attack - The growing danger of cyberattacks is one of the market's main obstacles. Cyberattacks can jeopardize the confidentiality and integrity of data on PLD systems, leading to system malfunctions and downtime. It is anticipated that the rise in cyberattack frequency would be a serious obstacle to the simple programmable logic device market expansion.
  • Lack in High Efficiency


Simple Programmable Logic Device Segmentation

Application (Device-to-Device Interfacing, Data Communication, Signal Processing, Data Display, Timing)

The data communication segment in the simple programmable logic device market is predicted to capture the largest revenue share of about 35% during the forecast period. Data communication became more prevalent after the outrage of the COVID-19 virus since it made it possible to maintain physical boundaries with people. Since it facilitates e-collaboration, data communication is also the foundation of virtual organizations. However, this is creating a large amount of data all across the globe. The staggering volume of data collected annually is still astounding, and it doesn't seem to be slowing down anytime soon. For companies who are finding it challenging to handle the enormous volumes of data they are collecting on their clients and user behavior, data centers offer an obvious solution. Hence, the growth of the segment is set to be influenced by the rise in a number of data centers since the data generated or communicated need to be captured and evaluated. For instance, there are recently, over 7,999 data centers in the globe.  Hence, with this, the adoption of simple programmable logic devices is also projected to surge.

Type (Programmable Array Logic, Generic Array Logic, Programmable Logic Arrays, Programmable Logic Devices)

The programmable logic array segment is estimated to hold 40% share of the global simple programmable logic device market during the forecast period. This device is capable of implementing any sum-of-products logic expression since it has a fixed array of OR gates and a programmable array of AND gates. In order to successfully program the AND array, fuses or anti-fuses must be burned in the rows connecting the inputs to the AND gates. The number of outputs on the fixed OR array is predetermined.

Our in-depth analysis of the global simple programmable logic device market includes the following segments:

                                        Type

  • Programmable Array Logic
  • Generic Array Logic
  • Programmable Logic Arrays
  • Programmable Logic Devices

                                        Application

  • Device-to-Device Interfacing
  • Data Communication
  • Signal Processing
  • Data Display
  • Timing

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Simple Programmable Logic Device Industry - Regional Synopsis

North American Market Forecast

The North America simple programmable logic device market is poised to gather the largest share of about 30% over the coming years. The market expansion in this region is set to be encouraged by the growing production of single programmable logic devices. North America region has observed exponential growth in the standard of living of people which is why they have been demanding more consumer electronics. Furthermore, this region has also experienced great investment in smart city initiatives which is also driving the demand for smart devices further dominating the market expansion.

European Market Analysis

The Europe simple programmable logic device market is also estimated to have significant growth during the forecast period. This growth is projected to be dominated by rising improvement in IT infrastructure. Furthermore, Europe is also experiencing growth in the adoption of electric vehicle. It is predicted that over 61% of sales for electric vehicles has been increased in Europe. This could be on account of growing government initiatives for the sale of EVs in this region. These initiatives include subsidies and the launch of various policies. Furthermore, this region is also focusing on reducing carbon emissions. The unveiling of the Inflation Reduction Act (IRA) and new CO2 requirements in the US and the EU in 2022–2023 grabbed attention. These measures are anticipated to have a big impact on the transition to zero-emission vehicle transportation. Hence, with the growth in electric vehicles the deployment of simple programmable logic devices is also growing.

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Simple Programmable Logic Device Market size
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Companies Dominating the Simple Programmable Logic Device Market

top-features-companies
    • Advanced Micro Devices, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Intel Corporation
    • Microsemi
    • QuickLogic Corporation
    • Infineon Technologies AG
    • Achronix Semiconductor Corporation
    • Maxim Integrated
    • Analog Devices, Inc.
    • EnSilica
    • East Asia Co., Ltd.

In-the-news

In The News

  • Advanced Micro Devices, Inc. declared intentions to invest over USD 400 million over the course of the next five years in order to sustain its expansion in India. By the end of 2028, there will be over 3,000 new engineering positions added to the AMD workforce, as part of the company's largest design centre, a new campus in Bangalore, Karnataka.
  • The Programmable Solutions Group (PSG) businesses of Intel Corporation stated that they would be spun out into a separate company. The FPGA industry serves a wide range of businesses, including the data center, communications, industrial, automotive, aerospace, and defense sectors. This will provide PSG with the independence and adaptability it needs to completely accelerate its growth and compete in the industry.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5443
  • Published Date: Dec 05, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing use of simple programmable logic device in IoT devices, surge in integration of AI in simple programmable logic device, and growth in production of automotive.

The market size of simple programmable logic device is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Advanced Micro Devices, Inc., Intel Corporation, Microsemi, QuickLogic Corporation, and others.

The data communication segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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