According to a new market research report published by Credence Research “Application Specific Integrated Circuits (ASIC) Market (Type – Full Custom Design ASIC, Semi-custom Design ASIC, Programmable ASIC; Application – Consumer Electronics, Automotive, Telecommunication, Healthcare, Industrial, Others) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global application specific integrated circuits (ASIC) market to cross the US$ 28 Bn mark by 2025.
The Application Specific Integrated Circuits (ASIC) Market Research Report Forecast 2017-2026 is an important source of insightful data for market strategists. It presents the Application Specific Integrated Circuits (ASIC) industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Application Specific Integrated Circuits (ASIC) Market study gives complete data which improves the understanding. [Continue reading…]
Application specific integrated circuits (ASIC) refer to specialized ICs designed for a specific application. These are non-standardized devices and hence can only be used for a given specific application. The most prominent factor fueling the ASIC market growth is the ever-rising consumer electronics and telecommunication industry worldwide. With the advent of ‘smart’ devices, electronic products such as smartphones, tablets, laptops and other mobile devices have witnessed immense penetration across the world. Additionally, due to consistently growing adoption of mechatronics across the automotive and industrial applications, the demand for related electronic components (such as ASIC) has witnessed dramatic growth over the period of time.
Browse the full Application Specific Integrated Circuits (ASIC) market – Growth, Future Prospects and Competitive Analysis, 2017 –2025 report at https://www.credenceresearch.com/report/application-specific-itegrated-circuits-asic-market
The qualitative study of drivers and limitations of Application Specific Integrated Circuits (ASIC) Market
Key players in the global Application Specific Integrated Circuits (ASIC) Market Include NXP Semiconductors NV, Texas Instruments, Inc., STMicroelectronics, Infineon Technologies AG, Renesas Electronics Corporation and others.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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