Global Application Specific Consumer Analog Integrated Circuit Market Size (2024 - 2029)

The global application-specific consumer analog integrated circuit market is experiencing growth driven by the miniaturization of semiconductors, which facilitates the development of more compact and portable devices. The market's expansion is supported by the advantages of these integrated circuits, including reduced bill-of-materials, enhanced performance, and lower power consumption. Despite challenges such as high costs for smaller players, the market benefits from manufacturers' mass-production capabilities and the shortening of product development cycles. The COVID-19 pandemic initially disrupted supply chains, but recovery and economic stimulus measures revitalized the sector. Additionally, advancements in technologies like IoT, cloud computing, and artificial intelligence are further propelling the market.

Market Size of Global Application Specific Consumer Analog Integrated Circuit Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Global Application Specific Consumer Analog Integrated Circuit (IC) Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.60 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Global Application Specific Consumer Analog Integrated Circuit Market Major Players

*Disclaimer: Major Players sorted in no particular order

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Application Specific Consumer Analog Integrated Circuit Market Analysis

The global application-specific consumer analog integrated circuit market is expected to witness a CAGR of 5.6% during the forecast period (2022-2027). Miniaturization of semiconductors, which allows for creating more compact, lighter, and portable devices, is contributing to market growth.

  • The advantages of application-specific analog integrated circuits include decreased BOM (bill-of-materials), enhanced performance, better functionality, lesser power consumption, improved security, reduced size and weight, better yields, enhanced IP protection, decreased test and assembly costs, and better reliability.
  • The mass-production abilities of manufacturers are key to the evolution of the application-specific consumer analog integrated circuit market. Despite their encouraging applications, costs remain a fundamental barrier to growth for small players, as end-user industries continue to demand high-volume manufacturing.
  • The players in the market are responding to this by shortening product cycles concerning product development of niche specialties. This nature of manufacturing is also anticipated to play a vital role in expanding the studied market.
  • Further, in Q1 of 2020, the COVID-19 outbreak severely impacted the inventory levels for the consumer analog IC vendors and distribution channels. However, as the supply chain gradually recovered in the Q2 of 2020, and as various governments enabled fiscal policies to strengthen the economy, the IC sector also gained momentum. These factors, combined with the rise of the stay-at-home economy, led to an increased restocking demand from downstream clients, providing a boost to Consumer analog IC revenue. For instance, in 2020, mobile phones and semiconductor products exports from South Korea to China rose by 7.3% and 1.7%, while exports of Consumer Analog IC for computers and peripherals to the US rose by about 25.8% and 95.9%, respectively.
  • Additionally, various technological breakthroughs, such as integrating connected devices with the Internet of Things (IoT), cloud computing, and artificial intelligence (AI), are also driving the market.

Application Specific Consumer Analog Integrated Circuit Industry Segmentation

Application-specific integrated circuits or ASICs are, as the name indicates, non-standard integrated circuits that have been designed for a specific use or application. Generally, an ASIC design will be undertaken for a product with a large production run, and the ASIC may contain a huge part of the electronics needed on a single integrated circuit. The Global Application Specific Consumer Analog Integrated Circuit Market is segmented by geography. The study entails end uses like computers, laptops, smartphones, TV sets, tablets, game consoles, speakers and headphones, wearables (smart watches), digital cameras, VR (Virtual Reality) & AR (Augmented Reality) devices.

By Geography
North America
Asia-Pacific
China
South Korea
Japan
Taiwan
Rest of APAC
Europe
Rest of the World
Need A Different Region Or Segment?
Customize Now

Global Application Specific Consumer Analog Integrated Circuit Market Size Summary

The global application-specific consumer analog integrated circuit market is poised for significant growth, driven by the miniaturization of semiconductors, which facilitates the development of more compact and portable devices. This market is characterized by the advantages of application-specific analog integrated circuits, such as reduced bill-of-materials, enhanced performance, and improved functionality, which contribute to their increasing adoption. The ability of manufacturers to mass-produce these circuits is crucial for market evolution, although high costs remain a barrier for smaller players. The market has shown resilience in the face of challenges like the COVID-19 pandemic, with recovery in supply chains and increased demand from downstream clients boosting revenue. Technological advancements, including the integration of IoT, cloud computing, and AI, are further propelling market growth.

The demand for advanced consumer electronics, particularly smartphones, is a key driver of the market's expansion. Innovations such as remote wireless charging and wrist smartphones exemplify the industry's push towards next-generation devices. The rollout of 5G technology presents significant opportunities for original equipment manufacturers (OEMs) to expand their market presence. The Asia-Pacific region, with its rapidly growing economies and increasing smartphone adoption, is a major contributor to market growth. The proliferation of smart devices and high-performance smart TVs in this region underscores the demand for application-specific consumer analog integrated circuits. Despite the market's moderate fragmentation, major players like Texas Instruments and STMicroelectronics are navigating challenges such as high R&D costs and shifting consumer preferences to maintain their competitive edge.

Explore More

Global Application Specific Consumer Analog Integrated Circuit Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.2.1 Bargaining Power Of Suppliers

      2. 1.2.2 Bargaining Power Of Buyers

      3. 1.2.3 Threat Of New Entrants

      4. 1.2.4 Threat Of Substitutes

      5. 1.2.5 Intensity Of Competitive Rivalry

    3. 1.3 Value Chain Analysis

    4. 1.4 Assessment of the Impact of Covid-19 on the Market

    5. 1.5 Technology Snapshot

  2. 2. MARKET SEGMENTATION (The segmentation comprises an in-depth coverage on the global revenue generated from the sale of application specific consumer analog ICs, along with the unit shipments.)

    1. 2.1 By Geography

      1. 2.1.1 North America

      2. 2.1.2 Asia-Pacific

        1. 2.1.2.1 China

        2. 2.1.2.2 South Korea

        3. 2.1.2.3 Japan

        4. 2.1.2.4 Taiwan

        5. 2.1.2.5 Rest of APAC

      3. 2.1.3 Europe

      4. 2.1.4 Rest of the World

Global Application Specific Consumer Analog Integrated Circuit Market Size FAQs

The Global Application Specific Consumer Analog Integrated Circuit Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)

Texas Instruments Incorporated, Analog Devices, Inc. , Infineon Technologies AG, STMicroelectronics and NXP Semiconductors are the major companies operating in the Global Application Specific Consumer Analog Integrated Circuit Market.

Global Application Specific Consumer Analog Integrated Circuit Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)