The FPGA market is projected to grow from USD 8.0 billion in 2022 and is projected to reach USD 15.5 billion by 2027; it is expected to grow at a CAGR of 14.2% from 2022 to 2027.
The growth of this market is driven by factors such as rising adoption of FPGAs by defense contractors and agencies to facilitate development of cutting-edge technologies, increasing use of FPGAs in high-speed radars and rising use of FPGAs in industrial networking solutions.
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Key strategies adopted by the players in the FPGA market to uphold their position and ensure long-term growth and market success are product launches, acquisitions, collaborations, and partnerships. For instance:
In February 2022, Advanced Micro Devices, Inc. (US) announced the completion of its acquisition of Xilinx, Inc. (US) in an all-stock transaction. The acquisition was originally announced in October 2020. The strategic acquisition will help AMD to become a leading player in the high-performance and adaptive computing markets.
In February 2022, Intel Corporation (US) announced a definitive agreement with Tower Semiconductor Ltd. (Israel), a leading foundry for analog semiconductor solutions. The acquisition significantly advances Intel’s IDM 2.0 strategy as it further expands its manufacturing capacity, global footprint, and technology portfolio to address unprecedented industry demand.
In August 2021, Lattice Semiconductor Corporation (US) expanded its product portfolio of automotive products with the launch of the Lattice Certus-NX FPGA family. The new product is AEC-Q100 Qualified and is optimized for infotainment, advanced driver assistance systems (ADAS), and safety-focused applications.
Xilinx, Inc. (Advanced Micro Devices, Inc.) (US) is known for the invention of field programmable gate arrays (FPGAs), programmable systems on a chip (SOCs) and adaptive compute acceleration platforms (ACAP). The company offers products under two categories: Advanced Products and Core Products. The Advanced Products category consists of product families, including Versal, UltraScale+, UltraScale, and 7-series FPGA product families. The continued focus on new product launches and collaborations has helped the company to maintain its reputation as one of the most valuable brands. Xilinx Inc. (US) focuses on extensive R&D to strengthen its product portfolio. In 2021, the company spent USD 904 million, i.e., 28.7% of its overall revenue on R&D activities. As of April 2021, Xilinx owns over 5,300 issued patents and 1,300 pending patent applications across the globe.
Intel Corporation (US) is one of the leading providers of microprocessors, motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing. Intel Corporation offers various FPGAs and SoC FPGAs that find applications in the automotive, computer & storage, embedded vision, medical, military & aerospace, and test & measurement verticals. It offers some of the high-end FPGA products under its Stratix 10 Series, Stratix 5 Series, and Arria 10 Series. The company focuses on extensive R&D to strengthen its product portfolio. In 2021, Intel Corporation spent 19.2% of its overall revenue on R&D activities, which is one of key strengths of the company among other market players in FPGA market.
FPGA Market by Configuration (Low-End FPGA, Mid-Range FPGA, High-End FPGA), Technology (SRAM, Flash, Antifuse), Node Size (≤16 nm, 20–90 nm, and >90 nm), Vertical and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027
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