According to the recent research report titled ‘Europe Field Programmable Gate Array (FPGA) Market Size, By Architecture, Process Technology, Configuration, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Europe field programmable gate array (FPGA) market is expected to reach a valuation of USD 2.5 billion by the year 2026.
 

Concerns regarding road safety, along with surging demand for advanced automotive features such as infotainment systems, ADAS, blind spot detection, automotive cruise control, and electronic stability control among others are primarily driving Europe field programmable gate array (FPGA) market growth.
 

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Based on configuration, high-range FPGA segment of Europe field programmable gate array (FPGA) market is expected to register 8.4% CAGR over the study period. The configuration offers high-performance and is incorporated into products which are technically advanced, such as photonics devices, hard IP cores, multi-gigabyte transceivers in order to provide superior productivity and high-speed data processing.
 

Speaking of application scope, Europe field programmable gate array (FPGA) market share from industrial segment is poised to accrue notable gains in the ensuing years, owing to increasing usage of FPGA technology in robotic equipment. FPGA technology is leveraged by companies developing robotic equipment to increase operational accuracy of the latter.
 

From the regional perspective, UK field programmable gate array (FPGA) industry is growing at a fast pace on account of surging artificial intelligence (AI) startups and major automotive players in the country. In addition, heavy investment towards incorporation of AI is fostering the demand for FPGA chipsets. Furthermore, the UK government introduced AI Sector Deal in March 2018, which focuses on the growth of UK AI industry, investing USD 1.27 billion in the year 2019.
 

Leading organizations impacting Europe field programmable gate array (FPGA) market dynamics are Mistral Solutions Pvt. Ltd., EnSilica, Enclustra GmbH, Cyient Ltd., ByteSnap Design Ltd., Aldec Inc., Xilinx Inc., Microsemi Corporation, Intel Corporation, Flex Logix Technologies Inc., Cobham Ltd., and Achronix Semiconductor Corporation.