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Increasing Use of Electronics in Automobiles Spurs the Demand for ASIC, ASSP, and FPGAs

DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c50122) announces the addition of Frost & Sullivans new report World Automobile ASIC ASSP and FPGA Markets to their offering.

This Frost & Sullivan research service titled World Automobile ASIC, ASSP, and FPGA markets provides forecast by geographic regions and analysis of the drivers and restraints for the market and challenges faced by the industry. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: ASIC, ASSP, and FPGA, and also cover the main end-user segments such as body and chassis, central command, telematics, power train, engine control, safety and security, and driver information.

Increasing Use of Electronics in Automobiles Spurs the Demand for ASIC, ASSP, and FPGAs

The automobile application specific integrated circuit (ASIC), application specific standard products (ASSPs) and field programmable gate arrays (FPGAs) markets have witnessed significant increase owing to the growth of end-user markets and expanding applications of integrated circuits (ICs) in automobiles. Government pollution norms, safety and security regulations, and oil crisis have aided in the proliferation of electronic content in automobiles thereby, eliminating human errors.

Luxury features have also increased in automobiles requiring highly efficient solutions. Hence, there has been a direct impact on the ASIC, ASSP, and FPGA markets. Moreover, the hike in fuel prices in the world market has spurred the demand for electric and hybrid vehicles thereby boosting the growth of electronics in automobiles.

Mandatory Regulations and Integrated Solutions Propel the Adoption Rates of ASIC, ASSP, and FPGAs

Due to mandatory government regulations such as the electronic stability program (ESP), antilock braking system (ABS), and electronically controlled independent suspension, the European region is likely to generate substantial revenues. The Asian region is one of the fastest growing segments in the world with increasing sales of automobiles. "Sales of ASICs, ASSPs, and FPGAs have also improved due to integrated solutions, which have enabled automobile manufacturers to lower costs by reducing the number of microcontrollers in automobiles," observes the analyst of this research service.

However, there is high competition in the market especially among well-established segments such as ASIC and ASSP. Hence, there is a probability of the larger participants acquiring smaller design companies. "In addition, there is an increasing need to have an extensive portfolio of core designs, to develop world-class electronic design automation (EDA) software tools, and to be proactively engaged with OEM customers in accelerating the push toward higher market share for programmable logic devices (PLDs)," observes the analyst. "These capabilities can enable chipmakers to resist competition in the future." The automobile ASIC, ASSP, and FPGA markets are poised for significant growth as safety, security, engine control features, telematics, and driver information applications are likely to advance in the future.

Key Topics:

  • Executive Summary
  • Total Market for ASIC ASSP and FPGA in Automobiles
  • World ASIC Market in Automobiles
  • World ASSP Market in Automobile
  • World FPGA Market In Automobile
  • Appendix

For more information visit http://www.researchandmarkets.com/reports/c50122