The Standard Logic IC Market is being driven by High adoption of smartphones and tablets globally
The Standard Logic IC Market is expected to grow at a CAGR of 12.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 175.1 billion. In the rapidly expanding Internet of Things (IoT) market, the demand for cost-effective and performance-efficient standard logic ICs is anticipated to surge. With IoT applications encompassing a vast array of industries from consumer electronics to automobiles, designers face significant challenges in ensuring compatibility with IoT configurations and accommodating the expected billions of devices and their performance requirements. These complexities will necessitate the utilization of advanced programmable logic devices, thereby fueling the need for standard logic ICs throughout the forecast period.
Get more information on Standard Logic IC Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
234 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 12.5% |
Market growth 2025-2029 |
USD 175.1 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
10.8 |
Key countries |
China, US, Japan, South Korea, Taiwan, India, Germany, UK, France, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Standard Logic IC Market encompasses various aspects of integrated circuit (IC) design and manufacturing. Key areas include logic circuit synthesis, employing advanced methods for timing analysis to ensure optimal performance. Power integrity verification is crucial for minimizing power consumption and maintaining system stability. Wafer testing procedures and manufacturing defect analysis ensure product quality. Component lifetime prediction and supply chain optimization improve product reliability and efficiency. Design rule checking and layout verification tools maintain design accuracy. Circuit board assembly and soldering process optimization ensure proper connection and functionality. System integration testing verifies the interaction between different components. Functional safety standards and environmental impact assessments prioritize safety and sustainability. Traceability systems and design automation software streamline production processes. Hardware acceleration, parallel processing techniques, and data center infrastructure enhance computational power. Network communication protocols, sensor data acquisition, signal processing algorithms, data encryption methods, security protocols implementation, fault tolerance mechanisms, and software defined radio expand the market's applications and capabilities.
The global electronics market encompasses a diverse range of industries, including communications equipment, technology hardware storage and peripherals, electronic equipment and instruments, and electronic manufacturing services. Within this market, the electronic components segment holds significant importance, accounting for a substantial portion of the revenue. Key drivers for the growth of this segment include the expanding demand for Internet of Things (IoT) devices, which necessitates the production of various electronic components such as connectors, capacitors, resistors, and printed circuit boards. Furthermore, advancements in integrated circuit design, logic gate optimization, silicon wafer fabrication, and semiconductor manufacturing processes continue to fuel innovation and efficiency in the production of these essential components. Technavio's market analysis calculates the size of the global electronics market based on the revenue generated from the sales of associated ICT and electronics products, equipment, and components.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted