The complex programmable logic device market size has shown strong growth recently, expanding from $0.56 billion in 2023 to $0.60 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.7%. This growth can be attributed to factors such as integration and miniaturization, cost reduction, faster prototyping and product development, flexibility, and efficient power consumption. Looking ahead, the market is projected to continue its upward trajectory, reaching $0.81 billion by 2028 with a CAGR of 7.8%. This anticipated growth is driven by automotive applications, telecommunications infrastructure, industrial automation, demand in consumer electronics, and competitive pricing. Key trends in the forecast period include the demand for compact and efficient electronics, the rise of advanced driver-assistance systems, increased adoption of CPLDs in smart homes, a focus on power-efficient CPLDs, and the development of more sophisticated and user-friendly design tools.
Global Complex Programmable Logic Device Market Key Driver
The complex programmable logic device (CPLD) market is also being driven by the rise in industrial automation. This trend involves replacing human intervention with control systems and robots to improve efficiency, quality, and safety in industrial processes. CPLDs are used in industrial automation for their reconfigurability and ability to manage multiple logic functions efficiently. In October 2023, the International Federation of Robotics reported a 48% surge in service robots for professional use, reaching 158,000 units in 2022, while the World Robotics 2021 report noted a 10% increase in industrial robots, totaling 3 million units globally. This growth in industrial automation is fueling the expansion of the CPLD market.
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Global Complex Programmable Logic Device Market Segments
The complex programmable logic device market covered in this report is segmented –
1) By Type: Electrically Erasable Programmable Read-Only Memory (EEPROM)-Based, Flash-Based, Other Types
2) By Sales Channel: Direct, Indirect
3) By Application: Consumer Electronics, Telecommunication, Automotive, Medical Devices, Industrial, Other Applications
By Geography:The regions covered in the complex programmable logic device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the complex programmable logic device market in 2023.
Major Complex Programmable Logic Device Industry Players
Intel Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Avnet Inc., Toshiba Corporation, Texas Instruments Incorporated, STMicroelectronics, Infineon Technologies AG, Emerson Electric Co., NXP Semiconductors, Analog Devices Inc., Renesas Electronics Corporation, Microchip Technology Inc., Rockwell Automation, Omron Corporation, ROHM CO. LTD., Vishay Intertechnology Inc., Yokogawa Electric Corporation, Silicon Labs, Lattice Semiconductor
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Complex Programmable Logic Device Market Overview
A complex programmable logic device (CPLD) refers to a type of device that integrates multiple simple programmable logic devices (SPLDs) or programmable logic devices (PLDs) into a single chip, providing flexibility for custom logic designs without requiring custom integrated circuits (ICs). They can operate at high speeds, making them suitable for applications where rapid processing of digital signals is required.
Complex Programmable Logic Device Global Market Report 2023 provides data on the global complex programmable logic device market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The complex programmable logic device market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
