June 25, 2024
Global Embedded FPGA Market

The Global Embedded FPGA Market Is Rising With Increasing Application In Networking And Data Centers

The global embedded FPGA market features an assortment of programmable logic devices that provide on-chip configurable logic and routing resources. Embedded FPGAs are system on chips that integrate a field programmable gate array along with other related intellectual property blocks. They are widely used in networking applications such as switches, routers and wireless infrastructure equipment owing to their ability to provide hardware acceleration and flexible processing capabilities to network equipment and data centers.

The Global Embedded FPGA Market is estimated to be valued at US$ 109.82 Mn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the global embedded FPGA are Achronix, Analog Devices Inc., Broadcom Limited, Cypress Semiconductor, Efinix, FlexLogix, Intel Corporation, Lattice Semiconductor, MicrochipTechnology, Microsemi, NanoXplore, NXP Semiconductors N.V., Qualcomm Technologies Incorporation, Quick Logic Corporation, Renesas Electronics Corporation, Xilinx Inc. The increasing demand for enhanced processing power and connectivity across various industries is propelling the embedded FPGA market growth. Several companies are focusing on expanding their global footprint to leverage the opportunities in developing economies.

Growing demand: The Global Embedded FPGA Market Trends is driven by the rising demand for enhanced connectivity and computing capabilities across industries. Embedded FPGAs are widely adopted in networking infrastructure, data centers, automotive, industrial automation and others to support advanced applications.

Global expansion: Leading embedded FPGA manufacturers are focusing on expanding their presence in high growth regions. For instance, Xilinx acquired Solarflare Communications to expand its networking portfolio and customer base in APAC and EMEA. Renesas also launched various networking SoC products to capitalize on the 5G deployment in China and other Asian countries.

Market Key Trends

The adoption of heterogeneous computing architecture combining CPUs, GPUs, DSPs and programmable logic is one of the key trends in the embedded FPGA market. This allows efficient processing of workloads from various application domains. Another major trend is the integration of AI/ML accelerators with eFPGAs to support emerging data-driven applications. Edge computing and 5G deployments are also driving innovations in networking SoCs with embedded FPGAs for low-latency processing.

Porter’s Analysis

Threat of new entrants: Entering the embedded FPGA market requires large capital investments in R&D, manufacturing units and establishing supply chains. This makes the threat low.

Bargaining power of buyers: Major buyers in the embedded FPGA market include OEMs, telecommunication companies and defense agencies. Their bargaining power is moderate as they can negotiate on price and demand better products.

Bargaining power of suppliers: Key suppliers include wafer foundries and IP vendors. Their bargaining power is moderate as they face competition from each other and can be substituted.

Threat of new substitutes: Alternatives like ASICs, GPUs and DSPs pose threat, but embedded FPGAs have technological edge in terms of reprogrammability and performance. The threat is moderate.

Competitive rivalry: The embedded FPGA market is consolidated with major global players. The rivalry is high due to technological innovation, competition on pricing and customization.

Geographical regions: North America accounts for the largest share of the global embedded FPGA market in terms of value, due to high acceptance of advanced technologies.

The Asia Pacific region is projected to grow at the fastest CAGR during the forecast period, owing to rapid industrialization, increase in disposable income, and growing demand from end-use industries such as military & aerospace in emerging economies like China and India.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.