Global Asic Design Services Market Overview:
ASIC design is the process of lowering the cost and size of an electronic circuit, product, or system by miniaturising and combining individual components and their functions into a single element called an Application Specific Integrated Circuit (ASIC). ASIC design services are provided by a firm that operates in ASIC production. The business is made up of engineers who have designed ASICs before and can provide ASIC construction services for small and large ASICs. Some ASIC architecture firms may also provide ASIC manufacturing services. It is both costly (in terms of part costs and manufacturing costs) and cumbersome (all those components required space). As competition increased, the need for convergence and incorporation of all those individual components into a single ASIC became essential, lowering not just the total cost and size of the smoke detector but also improving its efficiency.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technical Progress in Circuit Technology
Market Growth Drivers:
Properties Including Higher Performance, Increased Densities and Compactness and Growth in Automotive Sector Due to Emergence of Electric Vehicles
Challenges:
Debug Concerns
Restraints:
Low Flexibility and Lack of Trained Professionals
Opportunities:
Increasing Number of Industrial Units
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Analog Devices (United States), Maxim Integrated Products (United States), ON Semiconductor (United States), intsemi (India), Qualcomm (United States), Intel Corporation (United States), Texas Instruments (United States), Synapse Design (India), Microsemi (United States), ChipGlobe GmbH (Germany), Advanced Semiconductor Technology (AST) (Taiwan), STMicroelectronics (Switzerland), ARM Holdings plc (United Kingdom), Cadence Design Systems, Inc. (United States), Samsung Electronics (South Korea) and Faraday Technology (Taiwan). Additionally, following companies can also be profiled that are part of our coverage like Sankalp Semiconductor (HCL Technologies) (India), Marvell Technology Group (Bermuda), Wafer Space (India), Comport Data (Canada), ICsense (Belgium), MosChip Semiconductor Technology (India) and EnSilica (United Kingdom). Analyst at AMA Research see United States & Indian Players to retain maximum share of Global Asic Design Services market by 2028.
Latest Market Insights:
On 3rd September, 2020 - MosChip announced its acquisition of four companies, namely, Gigacom Semiconductor LLC, California, USA, Gigacom Semiconductor Pvt. Ltd, Visakhapatnam, FirstPass Semiconductors Pvt., this Acquisition is Aimed to strengthen its Semiconductor Capabilities. and On 13th October, 2020 - Wipro Acquired Eximius Design (leading engineering services Company), this Acquisition is Aimed to Expand Wipro’s Portfolio Across VLSI And Systems Design Services by Addition of Eximius’ Semiconductor Expertise.
On 29th July, 2020 - Marvell Launched ‘ASICs As A Service’, Marvell's Existing Industry Verticals, Such as Automotive, 5G, Enterprise Networking, Aerospace, And Cloud Data Centres, Are Expected to Be Addressed by This New Operation.
What Can be Explored with the Asic Design Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Asic Design Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Asic Design Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Asic Design Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Asic Design Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Asic Design Services Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.