Lucintel’s latest market report analyzed that semiconductor logic provides attractive opportunities in the consumer electronic, aerospace and defense, automotive, industrial, healthcare, telecommunication and networking, manufacturing, and communication industries. The semiconductor logic market is expected to reach $185.8 billion by 2028 with a CAGR of 8%. In this market, programmable logic device is the largest segment by product, whereas consumer electronics is largest by end use industry.
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Based on product, the semiconductor logic market is segmented into high end programmable logic ICs, ultra-low power programmable logic ICs, mixed signal programmable logic ICs, programmable logic device, programmable logic ICs, and others. The programmable logic devices segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing demand from various industries, such as consumer electronics, computer industrial control systems, and telecommunications.
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The Semiconductor Logic Market is marked by the presence of several big and small players. Some of the prominent players offering semiconductor logic include Intel Corporation, Infineon Technologies, Renesas Electronics, NXP Semiconductors, STMicroelectronics, Broadcom Inc., Samsung Electronics Co., and Texas Instruments.
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