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Global Application Specific IC (ASIC) Market 2017-2021

Global Application Specific IC (ASIC) Market 2017-2021

About Application Specific IC

ASIC is a microchip, designed for a specific application or purpose. ASICs are manufactured with custom designs as per the device configuration or end-user specification. The different microprocessors and memory cores are being included in an ASIC, which enables the limited software programmability with the software algorithm performed on the device. An ASIC is found in all the electronic devices, and its uses can range from custom rendering of images to sound conversion. Digital circuits are a common form of ASIC.

Technavio’s analysts forecast the global application specific IC market to grow at a CAGR of 17.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global application specific IC market for 2017-2021. To calculate the market size, the report estimates include the sales of ASICs in several products, including augmented reality (AR) and VR, automobiles, laptops, PC monitors, smart bands, smartphones, smartwatches, tablets, and TVs.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Application Specific IC Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Analog Devices
  • Infineon Technologies
  • STMicroelectronics
  • Texas Instruments
Other prominent vendors
  • Linear Technology
  • Maxim Integrated
  • NXP Semiconductors
  • ON Semiconductors
  • Renesas Electronics
  • Skyworks Solutions
Market driver
  • Increased use in consumer electronics.
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in foreign currency.
  • For a full, detailed list, view our report
Market trend
  • Rising penetration of ASICs in electric vehicles.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Application Specific IC Market 2017-2021

Technavio recognizes the following companies as the key players in the global application specific IC market: Analog Devices, Infineon Technologies, STMicroelectronics, and Texas Instruments.

Other Prominent Vendors in the market are: Linear Technology, Maxim Integrated, NXP Semiconductors, ON Semiconductors, Renesas Electronics, and Skyworks Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growth prospects in IoT and big data. IoT has garnered the need for interoperability among IoT devices, which has led to the origin of connected devices. Different vendors across the market have to work collectively in an open-source platform to set standards for all the things, to determine the interoperability among IoT devices.”

According to the report, one driver in market is declining ASPs of electronic devices. The portable electronic devices such as smartphones, wearable, tablets and laptops become obsolete after a short duration because of the introduction of new features and technologies. Due to this, the consumers are frequently upgrading their electronic devices, resulting in higher demand for these devices. This is driving the demand for ASICs supporting new features and technologies. For instance, the smartphone prices were nearly halved during 2012-2016, further adding to the growth of the market.

The smartphone prices had dropped from 2012 to 2016. For instance, in 2016, the price of Nexus 5X (16 GB) dropped from $469.64 to $322.87 to gain popularity and increase the sale in the market. In 2015, OnePlus 2 reduced its price from $337.55 to $308.20, to increase the market share.

Further, the report states that one challenges in market is requirement of high capital. The semiconductor market is booming with a rapid pace. The ASIC market constitutes around 3.4% of the total semiconductor market. The global ASIC market is capital intensive in nature. Rapid advances in the technology necessitate the vendors to use highly sophisticated equipment in the design and development of ASICs. Moreover, ASICs often need to be designed and developed with the needs of specific end-users, which require more investment in R&D and in manufacturing processes. In addition to all these factors, the increasing complexity of the ASICs itself is another factor contributing to the high cost of production. The need to overcome these issues is affecting the profitability of the vendors in the market.

Companies Mentioned

Analog Devices, Infineon Technologies, STMicroelectronics, Texas Instruments, Linear Technology, Maxim Integrated, NXP Semiconductors, ON Semiconductors, Renesas Electronics, and Skyworks Solutions.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Evolution and specification of ASIC
  • Market landscape
    • Market overview
      • Table Global ASIC market segmentation
    • Market size and forecast by unit shipment
      • Table Global ASIC market 2016-2021 (billions of units)
    • Market size and forecast of ASICs by revenue
      • Table Global ASIC market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by design
    • Market overview
      • Table Global ASIC market segmentation by design
  • Market segmentation by product
    • Market overview
      • Table Global ASIC market product segmentation 2016 (% by revenue)
    • Global smartphone ASIC market
      • Table Global smartphone ASIC market 2016-2021 (millions of units)
      • Table Global smartphone ASICs market 2016-2021 ($ millions)
    • Global TV ASIC market
      • Table Global TV ASIC market 2016-2021 (millions of units)
      • Table Global TV ASIC market 2016-2021 ($ millions)
    • Global PC ASIC market
      • Table Global PC ASIC market 2016-2021 (millions of units)
      • Table Global PCs ASICs market 2016-2021 ($ millions)
    • Global automotive ASIC market
      • Table Global automotive ASIC market 2016-2021 (millions of units)
      • Table Global automotive ASIC market 2016-2021 ($ millions)
    • Global tablet ASIC market in tablet
      • Table Global tablet ASIC market 2016-2021 (millions of units)
      • Table Global tablet ASIC market 2016-2021 ($ millions)
    • Global laptop ASIC market
      • Table Global laptop ASIC market 2016-2021 (millions of units)
      • Table Global laptop ASIC market 2016-2021 ($ millions)
    • Global smartwatch ASIC market
      • Table Global smartwatch ASIC market 2016-2021 (millions of units)
      • Table Global smartwatch ASICs market 2016-2021 ($ millions)
    • Global smart band ASIC market
      • Table Global smart band ASIC market 2016-2021 (millions of units)
      • Table Global smart bands shipment 2016-2021 (millions of units)
      • Table ASIC's functions in smart bands
      • Table Global smart band ASIC market 2016-2021 ($ millions)
    • Global AR and VR ASIC market
      • Table Global AR and VR ASIC market 2016-2021 (millions of units)
      • Table Global AR and VR ASIC market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global ASIC market by geography 2016-2021 (% revenue)
      • Table ASIC market in APAC 2016-2021 ($ billions)
      • Table ASIC market in Americas 2016-2021 ($ billions)
      • Table ASIC market in EMEA 2016-2021 ($ billions)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table New product launches
      • Table Android versions from 2009-2016
      • Table Unit shipment of smartphone 2016-2021 (billions of units)
      • Table Unit shipment of smartwatches 2016-2021 (millions of units)
      • Table Unit shipment of smart bands 2016-2021 (millions of units)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Growth prospects in IoT and big data
    • Rising penetration of ASICs in electric vehicles
    • Growth of ICs in VR, drones, and robotics
      • Table AR and VR devices
    • Shifting from aluminum to copper interconnections
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Analog Devices
      • Table Business Segmentation of Analog Devices
    • Infineon Technologies
      • Table Business Segmentation of Infineon Technologies
    • STMicroelectronics
      • Table Business Segmentation of STMicroelectronics
    • Texas Instruments
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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