Programmable Logic Device (PLD) Market

Programmable Logic Device Market Outlook (2022 to 2032)

The programmable logic device market is likely to rise to a value of USD 5.5 Billion in 2022. The programmable logic device market is estimated to reach USD 10.3 Billion with a CAGR of 6.3% by 2032.

Report Attribute	Details
Programmable Logic Device Market Value (2022)	USD 5.5 Billion
Programmable Logic Device Market Anticipated Forecast Value (2032)	USD 10.3 Billion
Programmable Logic Device Market Projected Growth Rate (2022 to 2032)	6.3%

Demand for programmable logic devices is rising due to their higher flexibility, programmability, and reconfiguration properties. The adoption of the programmable logic device is likely to increase as it is used for the development of integrated circuits. By adopting of programmable logic device, it can be reprogrammed any number of times, which helps end users develop new circuitry.

Based on the requirements, it can be reprogrammed on the same circuit, which leads to low cost in designing and ease during integration. Such advantages are likely to increase the programmable logic device market size during the forecast period. Further, the programmable logic device enables intricate digital logic designs to be implemented by the user on both single and multiple devices, which has raised the demand for programmable logic devices.

The programmable logic device market statistics are also improving as the device is capable of being erased and reprogrammed with a new design for other functions. The automotive sector is one of the largest application sectors for the programmable logic device market growth. The sector witnesses increased adoption of industrial robots widely all around the region as compared to other sectors, which directly increases the programming logic device market share.

What are some of the Factors Driving the Programmable Logic Device Market?

The programmable logic device is mainly used to develop reconfigurable circuits with advanced circuitry, which incurs the highest sales of the programmable logic device in the global market. Rapid advancements in field programmable gate arrays (FPGAs) are also increasing the demand for programmable logic devices.

All in all, re-programmability is the prominent factor that drives the global programmable logic device (PLD) market share. However, reduction in the consumption of electric power has also emerged as a major attractive factor of this product in recent times. On the other hand, its growing use in research equipment is likely to augment the programmable logic device market growth in the coming period.

Adoption of the programmable logic device is rising as they enhance device efficiency and reduce workload in all end-use environments. So various end-user industries are readily adopting the programmable logic device to operate their business which is poised to boost the programmable logic device market trends. Factors such as complex design structure, power consumption, and lack of standardized framework and workflows may be constraints for the programmable logic device (PLD) market size.

How is the Performance of the North America Programmable Logic Device Market?

The North American region acquires 32.7% of the share in the programmable logic device (PLD) market

The North American region is anticipated to remain dominant in the global programmable logic device (PLD) market size during the forecast period due to the widespread use of the programmable logic device. The manufacturers operating in the region are also likely to raise programmable logic device production in recent years owing to greater export demands to recently industrializing economies.

How will the Europe Programmable Logic Device Market Grow?

Europe acquires 20.5% of the share in the global programmable logic device market share.

The Europe programmable logic device market share is anticipated to retain second place in the list during the forecast period. Growing regional industries are likely to increase the demand for programmable logic devices in the region. Moreover, improving IT infrastructure would be quite instrumental in this direction, as evident from the programmable logic device market statistics report prepared by FMI.

How is the Start-up Ecosystem in the Programmable Logic Device Market?

At present, start-up companies in programmable logic devices are developing new products with innovative ideas. For instance, some new products like Virtex-6 and spartan-6 help reduce customer costs and provide excellent bandwidth performance. The two products are also reducing the power consumption by 60-65%, the system cost by approximately 55%, and the development time by around 50%.

Several new manufacturers are developing products according to the emerging trends in the programmable logic device market. These new programmable logic device market players are anticipated to bring in more like-wise or advanced products in the coming years.

Who are some of the Key Competitors in the Programmable Logic Device Market?

A few prominent players in the Programmable Logic Device (PLD) market include Atmel Corporation, Xilinx, Inc., Altera Corporation, Lattice Semiconductor Corporation, and Actel Corporation. Others such as QuickLogic Corporation, Cypress Semiconductor Corporation, NEC Corporation, and Texas Instruments Incorporated.

The key industries are growing rapidly due to adopting several key methodologies to upsurge the programmable logic device market share during the forecast period. Some of the tactics are mergers, partnerships, acquisitions, and product launches among others.

Recently, one of the software companies named BlueBotics launched its new product for working professionally with independent mobile robots and automatic guided vehicles.

Report Scope 

Report Attribute	Details
Growth Rate	CAGR of 6.3% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2016 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Product Type, Logic Block Type, Programming Technology, Region
Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Profiled	United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa
Key Companies Profiled	Atmel Corporation; Xilinx, Inc.; Altera Corporation; Lattice Semiconductor Corporation; Actel Corporation; QuickLogic Corporation; Cypress Semiconductor Corporation; NEC Corporation; Texas Instruments Incorporated

Key Segments

By Product Type:

• Simple Programmable Logic Devices (SPLDs)
• Read-only Memory (ROM)
• Programmable Logic Array (PLA)
• Generic Array Logic (GAL)
• Programmable Array Logic (PAL)
• High Capacity Programmable Logic Devices (HCPLDs)
• Complex Programmable Logic Devices (CPLDs)
• Field Programmable Gate Array (FPGA)

By Logic Block Type:

• Look-up Table
• Multiplexer-based
• PLD Block
• NAND Gate
• Multiplexers and Basic gates
• Transistor pairs and Multiplexers

By Programming Technology:

• EPROM (UV Erasable)
• Static RAM
• EEPROM
• Anti-Fuse
• Flash

By Regions:

• North America
• Europe
• Asia Pacific
• Latin America
• South Africa

Frequently Asked Questions

What is the Growth Outlook for the Programmable Logic Device Market?

The programmable logic device market is likely to grow at 6.3% through 2032.

Which Region Dominates the Programmable Logic Device Market?

The North American region holds 32.7% of the market share in 2022.

What is the Current Valuation of the Programmable Logic Device Market?

The programmable logic device market worth is about USD 5.5 Billion in 2022.

What is the Future of the Programmable Logic Device Market?

The device market value is expected to reach USD 10.3 Billion by 2032.