According to a recent Future Market Insights analysis, the SLD Market is estimated to grow at a CAGR of 5.8% between 2022 and 2032, with sales forecast at $69.9 billion in 2021. By the end of 2032, the market is expected to be worth $131.6 billion, up from $69.9 billion in 2022. Between 2022 and 2032, the analog-based SLD Market is estimated to increase at a compound yearly growth rate of US$5.2%.
The electronic component business has grown significantly in recent years as a result of its growing application areas. Consumer electronics products such as DVD players, televisions, and mobile phones, as well as workplace automation equipment such as computers and printers, have all contributed significantly to this expansion.
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This rapid expansion has prompted many firms in such industries to establish new manufacturing facilities and increase production capacity in recent years. Furthermore, continuous technological improvements are likely to broaden the functionalities of standard logic devices (SLD), propelling the global standard logic devices market forward during the projected timeframe.
Standard logic devices & packaging have emerged as critical frameworks for facilitating the creation of extended lifetime goods and supporting the large lead times experienced by manufacturers in general. New alliances and partnerships have emerged throughout the years to fulfil the growing need for standard logic devices across semiconductor makers.
A variety of conventional 5400/7400 logic family types are in high demand, supporting the market for standard logic devices. The growing adoption of integrated circuits (ICs) can be attributed to advantages such as ease of use and quick availability. However, the sophisticated functionality of items throughout the standard logic devices (SLD) industry must be improved. The fixed functionality of ordinary logic devices makes complex features difficult to implement. Several chips must also be placed on the printed circuit board. The goods are available off the shelf.
“During the projected period, the rise of Standard Transceiver Type can become a key driver in raising the SLD market revenue.” comments a Future Market Insights analyst.
Competitive Landscape
Numerous companies are emphasizing organic growth techniques such as new releases, product approvals, and others such as copyrights and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. Some of the recent market developments include:
- In July 2021, Nexperia unveiled the world’s thinnest as well as tiniest standard logic DHXQFN module with 14, 16, 20, & 24 pin variations. The 16-Pin DHXQFN Package is 45% smaller than that of the market-standard DQFN16 leadless device, and it saves 25% of PCB area, allowing devices to also be placed nearer to the bypass capacitor.
- In January 2020, Toshiba announced the release of a Logic Output Photocoupler of 10Mbps specifically for PLCs. The new TLP2363 consumes only 4mA of power and operates across a wide range of temperatures from -40 to +105°C. It is suitable for high-speed systems due to its low propagation latency of about 80ns.
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the SLD Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in SLD Market in terms of SLD Market by Gate IC Type (OR , AND, Universal Gates (NAND and NOR), EXOR, EXNOR), Buffer/Driver type Industry (Inverting, Non-inverting), Transceiver Type (Standard, Parity, Registered), Flip-Flop/Latches Type (SR flip flop, D flip flop, JK flip flop, T flip flop), Switches and Multiplexer Type (Analog , Buffered , Protocol Specific), Registers Type (Storage Registers, Shift Registers),and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).
Market Segments Covered in SLD Market Analysis
By Gate IC Type:
- OR
- AND
- Universal Gates (NAND and NOR)
- EXOR
- EXNOR
By Buffer/Driver type Industry:
- Inverting
- Non-inverting
By Transceiver Type:
- Standard
- Parity
- Registered
By Flip-Flop/Latches Type:
- SR flip flop
- D flip flop
- JK flip flop
- T flip flop
By Switches and Multiplexer Type:
- Analog
- Buffered
- Protocol Specific
By Registers Type:
- Storage Registers
- Shift Registers
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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