London, 9 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the global ASIC market 2015-2019, which is expected to grow at a CAGR of 5.2% during the forecast period of 2014-2019.
Source: Technavio Research
Rising adoption of communication devices worldwide is a major factor that boosts growth in this market. Other major factors like increase in product development, declining cost per function of ICs, product miniaturization, short product replacement cycle, and growth in the semiconductor wafer industry also augment the prospects of growth in this market.
“Aluminum is used for connecting transistors in the semiconductor industry. However, recently, manufacturers have begun to use copper connecting transistors. This is because copper provides high electrical conductivity, which provides better processing speed and improves performance,” says Faisal Ghaus, Vice President of Technavio.
“Copper was not used as the primary material in connecting components such as transistors because it is more difficult to handle compared to aluminum. However, the latest semiconductor capital equipment allows semiconductor manufacturers to handle copper with the same ease as aluminum.”
Key Market Drivers:
- Rising Demand for Smartphones and Tablets.
- Steady Growth of Semiconductor Wafer Industry.
- Increase in New Product Development.
- Declining Cost per Function of ICs.
Key Market Trends:
- Short Replacement Cycle of Portable Electronic Devices.
- Emergence of Product Miniaturization.
- Shift from Aluminum to Copper Interconnections.
- Increased R&D Spending.
Key Market Vendors:
- Analog Devices Inc.
- Infineon Technologies AG
- Qualcomm Inc.
- STMicroelectronics
- Texas Instruments Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
