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The latest report on Application-specific Integrated Circuit Market by Infinium Global Research gives complete coverage of the Application-specific Integrated Circuit Market by design type (full custom, semi-custom and programmable), application (telecommunication, consumer electronics, automotive, industrial and others) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Application-specific Integrated Circuit such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.

“Infinium Report Evaluates the Impact of COVID-19 on  Application-specific Integrated Circuit Market the period of 2020-25”

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Asics can be Very Cost Effective for Many Applications where the Volumes are High

The application-specific integrated circuit (ASIC) market is a microchip designed for a certain application. The ASIC is intended to do the only one thing at a time that leads to the improved speed as compared to the programmable logic device or a standard logic integrated circuit. The Application specific integrated circuits are more precise and effective than the other ICs. Generally, an ASIC design will be undertaken for a product that will have a large production run, and the ASIC may contain a very large part of the electronics needed on a single integrated circuit.

As may be imagined, the cost of an ASIC design is high, and therefore they tend to be reserved for high volume products. The ASICs have a wide range of application including auto emission control, environmental monitoring, and personal digital assistants and many others. An ASIC can be pre-manufactured for a special application or it can be custom manufactured for a particular customer application.

ASICs can be very cost effective for many applications where the volumes are high. It can be designed according to the exact requirement. ASIC’s are vastly used in consumer electronics products like cell phones and other related products. Also, the growing use of application integrated circuits in the IT & Telecommunication is driving the growth of application specific integrated circuits. The Application specific integrated circuits enable the establishment of a complete mechanism on a single chip as they are cable of integrating both analog and logic functions that are likely to boost the growth of Application specific integrated circuits market.

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“’We have Decided to Extend our Support to the Industry on Account of Corona Outbreak by Offering Flat Discount 30% on All Our Studies and Evaluation of the Market Dynamics on  Application-specific Integrated Circuit Market Amidst COVID-19.”

Ongoing Technological Advancements in the Field of Integrated Circuits are Projected to Create Several Opportunities in the Application Specific Integration

However, the manufacturing and the designing of circuit particularly, if only a few units are needed are expensive that are hampering the growth of Application specific integrated circuit. Moreover, ongoing technological advancements in the field of integrated circuits are projected to create several opportunities in the application specific integration market over the forecast period.

Among the regions, Asia Pacific is the largest and the fastest growing region in the application specific integrated circuits. The presence of large semiconductor manufacturers and rapidly growing consumer electronics industries are the factors driving the growth of application specific integrated circuits in the Asia Pacific region. The rising demand for application specific integrated circuits across various industries including Automotive, telecom, industrial and many other contributes to the growth of application specific integrated circuit market in the Asia Pacific region.

Browse Complete Country Report and Detailed TOC: https://www.infiniumglobalresearch.com/ict-semiconductor/global-application-specific-integrated-circuit-market 

Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the Application-specific Integrated Circuit.
  • Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.