Global Standard Logic Devices Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of 7.2% during the forecast period.
Global Standard Logic Devices Market Overview:
Since last few years, the growth in application areas for the electronics devices and components has led the healthy growth in electronic industry. This growth is recorded mainly due to the growth in consumer electronics devices such as television sets, DVD players, smart phones, tablets, laptops and office automation products like, printers, computers and other machinery. This has offered lucrative opportunities to the players in electronic and other related industries to invest and focus in new manufacturing units and expand the production capacity. This concept has witnessed since last few years and brought growth in standard logic devices market as well. The demand for electronic devices is anticipated to grow exponentially in the forecast period, which in turn will boost the standard logic devices market. In addition, the ongoing technological advancements and rising attraction towards latest electronics are expected to drive the growth of the standard logic devices market during the forecast period from 2020 to 2027. The report presents the analysis of Global Standard Logic Devices Market with regards to different segments, geography and role of several small & large companies in the market. At the same time the report study has also analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Global Standard Logic Devices Market Dynamics:
One of the primary drivers for the global standard logic devices market is the growing automation in industrial and commercial sectors. For implementing automation in any kind of infrastructure creates huge demand for standard logic devices. Automation offers ease to several industrial operations, saves cost & time and reduces manpower requirement thus it becomes the most preferred facility in industries. Today, automation is not remaining limited to specific industries; in addition it has widespread to numerous sectors like, healthcare, agriculture, residential and many more. Growth explosions in electronic sector has already accelerated the standard logic devices market and trend is estimated to remain continue in forecasted period. Hence, growth in all these sectors fuel the growth
and creates opportunity for standard logic devices market in forecasted timespan. The automobile industry is also fuelling the market growth owing to the rising demand for driver aid technology. Adoption of driver aid technology in premium automobiles has led to the significant growth in the market and the rising popularity of it is estimated to boost the market in forecasted timespan too.
Global Standard Logic Devices Market Segmentation Analysis:
Standard logic devices market is segmented by gate IC type, buffer/driver type, transceiver type, switches and multiplexer type, and by region. The one of the sub segment of gate IC type is universal gates, which are widely utilized in production of electronic devices as well as for other electrical practices. This segment is anticipated to grow at XX% during forecast period. With regards to segment buffer, the market is divided into inverting and non-inverting buffer. In 2019, non-inverting buffers registered the highest growth and covered more than half of the overall standard logic devices market with the US$ XX Mn. Based on transceiver the market is divided into standard and parity transceiver. Standard transceivers held the maximum share of US$ XX Mn in 2019 and are estimated to grow at CAGR XX % during forecast period and dominate the market on account of transceiver segment. The transceiver segment is expected to grow at a CAGR of XX% during the years 2020-2027 and is estimated to reach US$ XX Mn by 2027. Similarly, all the segments and their sub segments with their current market share, expected growth percentage, factors boosting & hampering the growth and region wise anticipated market share during the each year in forecast period along with their graphical representation are illustrated in the report.
Global Standard Logic Devices Market Regional Analysis:
Geographically, Asia Pacific held the largest revenue share in the global standard logic devices market in 2019, with the market valued at close to US$ XX Mn. The market is estimated to witness CAGR of XX% during forecast period and reach US$ XX Mn by 2027. The Middle East and Africa market for standard logic devices is likely to grow at CAGR XX% and reach close to US$ XX Mn by 2027. The rising demand and production in demographic of Asia Pacific and the Middle East is thus vital for the global standard logic devices market in the forecasted years. The report covers the detail analysis of all the regions such as, North America, Europe, Latin America, and Middle East & Africa. Their growth rate and the reason for growth along with the expected value to be reached by end of the 2027 are mentioned in the final report.
Objective of the Report:
The objective of the report is to present a comprehensive analysis of the Global Standard Logic Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER,
SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Standard Logic Devices Market dynamics, structure by analyzing the market segments and projects the Global Standard Logic Devices Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Standard Logic Devices Market make the report investor’s guide. Scope of the Global Standard Logic Devices Market Report:
Global Standard Logic Devices Market, By Gate IC Type
• OR • AND • Universal Gates (NAND and NOR) • EXOR • EXNOR Global Standard Logic Devices Market, By Buffer
• Inverting Buffer • Non-Inverting Buffer Global Standard Logic Devices Market, By Transceiver
• Standard • Parity Global Standard Logic Devices Market, By Switches and Multiplexer Type
• Buffered • Protocol Specific Global Standard Logic Devices Market, By Region
• North America • Europe
• Asia Pacific • Middle East & Africa • South America Key players operating in the Global Standard Logic Devices Market
• STMicroelectronics N.V, • Toshiba Semiconductor and Storage, • ROHM Semiconductor, • Microchip Technology Inc., • NXP Semiconductors N.V., • Maxim Integrated Products Inc., • ON Semiconductor
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