The market for programmable logic devices is expected to reach US$ 5.5 billion in 2022. The market for programmable logic devices is projected to reach US$10.3 billion in value by 2032 at a CAGR of 6.3 percent.
The programmable logic device has undergone significant changes over the past few years as a result of its improved flexibility, programmability, and reconfigurability capabilities. Integrated circuits are made using the field programmable logic device, also known as programmable logic. PLDs’ ability to be infinitely reprogrammable allows end users to design novel circuitry, which is their main advantage.
These can be configured by the user to perform a specific function based on the requirements and reprogrammed on the same circuit, which results in low design costs and simplicity during integration. The programmable logic device allows the user to implement complex digital logic designs on a single device and can be erased and reprogrammed with a new design for alternative functions.
Programmable Logic Device (PLD) Market: Market Dynamics
Rapid advancement in field programmable gate array (FPGAs) are increasing the demand for the programmable logic device. Re-programmability is the prominent factor as PLDs can be reprogrammed without being removed from the circuit board and low cost of design as it is implemented on a single device etc. are the drivers of programmable logic device (PLD) market.
On the other hand, factors such as complex design structure, power consumption and lack of standardized framework and workflows may act as a major constraint for programmable logic device (PLD) market.
Global Programmable Logic Device (PLD) Market: Competition Landscape
Few prominent players in Programmable Logic Device (PLD) market include Atmel Corporation, Xilinx, Inc., Altera Corporation, Lattice Semiconductor Corporation, Actel Corporation, QuickLogic Corporation, Cypress Semiconductor Corporation, NEC Corporation and Texas Instruments Incorporated.
Programmable Logic Device (PLD) Market: Regional Outlook
Programmable logic device is expected to hold largest share in North America followed by Latin America, Western Europe, APEJ and MEA region. North America dominance is attributed to the wide presence of key programmable logic device manufacturers. On the other hand, APEJ and Japan are expected to grow significantly as compared to the other region in programmable logic device (PLD) market.
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Global Programmable Logic Device (PLD) Market: Market Segmentation
Programmable Logic Device (PLD) market segmented based on product type, applications, logic block type, programming technology, and region.
Segmentation by product type in Programmable Logic Device (PLD) market:
- Simple Programmable Logic Device (SPLDs)
- Read-only Memory (ROM)
- Programmable Logic Array (PLA)
- Generic Array Logic (GAL)
- Programmable Array Logic (PAL)
- High Capacity Programmable Logic Device (HCPLDs)
- Complex Programmable Logic Device (CPLDs)
- Field Programmable Gate Array (FPGAs)
Segmentation by logic block type in Programmable Logic Device (PLD) market:
- Look-up Table
- Multiplexer-based
- PLD Block
- NAND Gate
- Multiplexers and Basic gates
- Transistor pairs and Multiplexers
Segmentation by programming technology in Programmable Logic Device (PLD) market:
- EPROM (UV Erasable)
- Static RAM
- EEPROM
- Anti-Fuse
- Flash
Information Source:
https://www.futuremarketinsights.com/reports/programmable-logic-device-pld-market