PUBLISHER: The Business Research Company | PRODUCT CODE: 1546451
PUBLISHER: The Business Research Company | PRODUCT CODE: 1546451
A complex programmable logic device (CPLD) is a device that consolidates multiple simple programmable logic devices (SPLDs) or programmable logic devices (PLDs) into a single integrated circuit, offering flexibility for creating custom logic designs without the need for custom integrated circuits (ICs). CPLDs are capable of high-speed operation, making them suitable for applications requiring rapid processing of digital signals.
The main types of complex programmable logic devices include electrically erasable programmable read-only memory (EEPROM)-based CPLDs, flash-based CPLDs, and others. EEPROM is a type of non-volatile memory that can be electrically erased and reprogrammed, often used to store configuration data defining the functionality and behavior of the device. CPLDs are distributed through various sales channels, including direct and indirect methods, and find applications in consumer electronics, telecommunications, automotive, medical devices, industrial sectors, and more.
The complex programmable logic device market research report is one of a series of new reports from The Business Research Company that provides complex programmable logic device market statistics, including complex programmable logic device industry global market size, regional shares, competitors with a complex programmable logic device market share, detailed complex programmable logic device market segments, market trends and opportunities, and any further data you may need to thrive in the complex programmable logic device industry. This complex programmable logic device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The complex programmable logic device market size has grown strongly in recent years. It will grow from $0.56 billion in 2023 to $0.60 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth during the historic period can be attributed to several factors, including integration and miniaturization of devices, cost reduction in manufacturing, faster prototyping and product development cycles, flexibility in design, and efficient power consumption of complex programmable logic devices (CPLDs).
The complex programmable logic device market size is expected to see strong growth in the next few years. It will grow to $0.81 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to expanding applications in automotive sectors, telecommunications infrastructure, industrial automation, and consumer electronics, driven by competitive pricing. Major trends expected during this period include the demand for compact and efficient electronics, the proliferation of advanced driver-assistance systems (ADAS), increased adoption of CPLDs in smart homes, the need for power-efficient CPLDs, and advancements in user-friendly design tools for CPLD development.
The increasing demand for electronic devices is poised to drive growth in the complex programmable logic device (CPLD) market. Electronic devices encompass a broad range of gadgets and instruments that utilize electronics principles to function. This demand surge is fueled by factors such as connectivity, the shift towards remote work and learning, changes in consumer lifestyles, and the ongoing trend of digitalization. CPLDs are crucial components in electronics for implementing customizable digital circuits. They offer a blend of flexibility and speed, enabling designers to program specific logic functions, making them ideal for applications such as control systems and glue logic. For example, LG Electronics reported its highest-ever annual revenue in January 2023, surpassing USD 64.05 billion with a 12.9% increase from 2021. Additionally, Uswitch Limited noted in February 2024 a 3.8% rise in mobile connections in the UK to 71.8 million, with smartphone ownership projected to reach 95% of the population by 2025. Thus, the escalating demand for electronic devices is propelling growth in the CPLD market.
The growth of industrial automation is also expected to drive expansion in the complex programmable logic device market. Industrial automation involves the use of control systems, such as computers or robots, and IT to automate various industrial processes and machinery, reducing human intervention. This trend is driven by factors including enhanced efficiency, productivity gains, improved quality, and workplace safety. CPLDs play a vital role in industrial settings by providing customizable hardware solutions that are reconfigurable and capable of efficiently managing multiple logic functions. They offer high reliability and speed, critical for industrial automation and control systems. For instance, the International Federation of Robotics reported a 48% surge in sales of service robots for professional use in 2022, while the global operational count of industrial robots reached a record 3 million, up 10% from the previous year. Hence, the expanding adoption of industrial automation is fueling growth in the CPLD market.
In February 2022, Advanced Micro Devices Inc., a US-based semiconductor company, acquired Xilinx to bolster its position in the semiconductor industry. This acquisition is aimed at strengthening AMD's presence across various segments including data centers, CPUs, GPUs, FPGAs, and adaptive SoCs. It significantly enhances AMD's footprint in the CPLD industry by leveraging Xilinx's advanced FPGA technology and intellectual property. Xilinx Inc., a US-based manufacturer known for its CoolRunner-II series CPLDs, brings substantial expertise and innovation to complement AMD's semiconductor portfolio.
Major companies operating in the complex programmable logic device market are Intel Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Avnet Inc., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics, Infineon Technologies AG, Emerson Electric Co., NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Microchip Technology Inc., Rockwell Automation, Omron Corporation, ROHM CO. LTD., Vishay Intertechnology Inc., Yokogawa Electric Corporation, Silicon Labs, Lattice Semiconductor
Asia-Pacific was the largest region in the complex programmable logic device market in 2023. The regions covered in the complex programmable logic device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the complex programmable logic device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The complex programmable logic device market consists of sales of programmable logic arrays, macrocells or logic blocks, configuration memory, and input or output blocks. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Complex Programmable Logic Device Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on complex programmable logic device market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for complex programmable logic device ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The complex programmable logic device market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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