Summary

ASIC Chip Market Trends and Forecast
The future of the ASIC chip market looks promising with opportunities in the data processing, consumer electronics, telecommunication system, industrial, and other industries. The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027 with a CAGR of 7.2% from 2021 to 2027. The major drivers for this market are increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.

Emerging Trends in the ASIC Chip Market
Emerging trend, which has a direct impact on the dynamics of the industry, includes advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices.
A total of 79 figures / charts and 60 tables are provided in this 162-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the ASIC chip market report, please download the report brochure.

ASIC Chip Market by Segment
The study includes trends and forecasts for the global ASIC chip market by type, end use industry, and region as follows:
By Type [$M shipment analysis for 2016 – 2027]:
• Semi-Based Custom
• Programmable Logic Device
• Full Custom
By End Use Industry [$M shipment analysis for 2016 – 2027]:
• Data Processing System
• Consumer Electronics
• Telecommunication System
• Industrial
• Others
By Region [$M shipment analysis for 2016 – 2027]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
• Asia Pacific
o China
o Japan
o Taiwan
• The Rest of the World
List of ASIC Chip Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ASIC chip companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ASIC chip companies profiled in this report includes.
• AMD
• ON Semiconductor Corporation
• TSMC
• Intel Corporation
• Infineon Technologies
• Samsung
• Bitmain Technologies
• Nvidia Corporation
• Texas Instruments
• Maxim Integrated Products
ASIC Chip Market Insight
• Lucintel forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
• Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks
• Asia Pacific is expected to remain the largest market by value and volume and it is also expected to witness the highest growth over the forecast period due to the growth in consumer electronic devices & telecommunication products.
Features of ASIC Chip Market
• Market Size Estimates: ASIC Chip market size estimation in terms of value ($M)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis: Market size by various segments, such as type and end use industry in terms of value.
• Regional Analysis: ASIC Chip market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and regions for the ASIC chip market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ASIC chip market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ASIC chip market size?
Answer: The global ASIC chip market is expected to reach an estimated $34.4 billion by 2027.
Q2. What is the growth forecast for ASIC chip market?
Answer: The ASIC chip market is expected to grow at a CAGR of 7.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the ASIC chip market?
Answer: The major drivers for this market are increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Q4. What are the major applications or end use industries for ASIC chip?
Answer: Telecommunication system will remain the largest end use market due to the growing demand from various telephone landline networks, mobile networks, and cable TV networks.
Q5. What are the emerging trends in ASIC chip market?
Answer: Emerging trend, which has a direct impact on the dynamics of the industry, includes advance 7-nm technology for ASIC fabrication and structured ASICs for 5G, AI, cloud, and edge workloads and development of ultra-small case size capacitors for portable electronic devices.
Q6. Who are the key ASIC chip companies?
Answer: Some of the key ASIC chip companies are as follows:
• AMD
• ON Semiconductor Corporation
• TSMC
• Intel Corporation
• Infineon Technologies
• Samsung
• Bitmain Technologies
• Nvidia Corporation
• Texas Instruments
• Maxim Integrated Products
Q7.Which ASIC chip by type segment will be the largest in future?
Answer: Lucintel forecasts that the semi-based custom ASIC chips will remain the largest segment over the forecast period due to its cost effectiveness, reduced risk, and time saving properties.
Q8: In ASIC chip market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global ASIC chip market by type (semi-based custom, programmable logic device, and full custom), end use industry (data processing system, consumer electronics, telecommunication system, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

For any questions related to ASIC chip market or related to ASIC chip market share, ASIC chip market analysis, and ASIC chip market size, write to Lucintel analysts at helpdesk@lucintel.com. We will be glad to get back to you soon.

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