Application Specific Integrated Circuits Market Insights Shared In Detailed Report by Credenceresearch.com

Application Specific Integrated Circuits Market Insights Shared In Detailed Report by Credenceresearch.com

Credence Research, the leading business intelligence provider, has published its latest research, “Application Specific Integrated Circuits Market 2025”, which gives insights into Application Specific Integrated Circuits in the Global market. The report determines the market size for 2017, along with forecasts until 2025. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.

Browse Here For Full Report: https://www.credenceresearch.com/report/application-specific-itegrated-circuits-asic-market

Market Insights:

Application specific integrated circuits (ASIC) refer to specialized ICs designed for a specific application. These are non-standardized devices and hence can only be used for a given specific application. The most prominent factor fueling the ASIC market growth is the ever-rising consumer electronics and telecommunication industry worldwide. With the advent of ‘smart’ devices, electronic products such as smartphones, tablets, laptops and other mobile devices have witnessed immense penetration across the world. Additionally, due to consistently growing adoption of mechatronics across the automotive and industrial applications, the demand for related electronic components (such as ASIC) has witnessed dramatic growth over the period of time.

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Another major factor driving the market growth is the superior advantages of ASIC over general ICs. The biggest advantage is that the entire design of a given electronic application is made into a single integrated circuit, thereby reducing the need for additional components. Other major advantages include smaller size, high speed and low power consumption. With the continued advancement in the segment, ASICs are projected emerge highly promising for the consumer electronics and telecommunication sectors. However, the market penetration is hampered due to limitations such as high cost of manufacturing (in small volumes), inflexibility and increased time-to-market. Due to high manufacturing and designing cost, these are primarily preferred for the products having high production volumes.

Leading Players:

Some of the leading players operating in the market include NXP Semiconductors NV, Texas Instruments, Inc., STMicroelectronics, Infineon Technologies AG, Renesas Electronics Corporation and others.

Scope

  • The report presents the brief overview of Application Specific Integrated Circuits Market including business description, key information and facts, and its locations and subsidiaries
  • The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
  • Special feature on out-licensed and partnered product portfolio
  • The report summarizes all the dormant and discontinued projects
  • Latest company statement
  • Latest news and deals relating to the Application Specific Integrated Circuits products

Browse Here For Full Report: https://www.credenceresearch.com/report/application-specific-itegrated-circuits-asic-market

Research methodology

The following research methods were used in this report:

  • Desk study
  • A questionnaire survey among specialty retail chains
  • Analyzing statistical data released by the Federal Customs Service
  • Desk study sources include materials taken from print and online media conference materials.

Reasons to Buy

  • The report provides information about technology solutions needed for the implementation of Application Specific Integrated Circuits projects, and allows readers to make effective business decisions
  • The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Application Specific Integrated Circuits solutions
  • The report highlights projected investment on Application Specific Integrated Circuits over the next two years. This will help organizations to allocate budget towards Application Specific Integrated Circuits implementation and business expansion
  • The report helps executives plan their adoption of Application Specific Integrated Circuits by providing expected timeframes for implementation

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Blog: http://www.mobilecomputingtoday.co.uk/5203/application-specific-integrated-circuits-asic-market-cross-28-mark-2025-credence-research/

Briefing wire: https://www.briefingwire.com/pr/flame-retardant-masterbatches-market-report-just-published-by-credence-research-inc

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