Logic is used for processing digital data which controls the operation of electronic systems. It is also used for interchanging and manipulating data in communication devices, computers, and consumer electronics. Digital circuits are developed using small electronic circuits called logic gates which are also used to develop combinational logic. It has applications in digital product including mobile phones, calculators, PCs, tablets, arithmetic logic units, digital watches, computer memory, multiplexers, registers and microprocessor.
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Logic can be classified into two types - standard purpose logic and special purpose logic. Special purpose logic is majorly used as compared to standard purpose logic because of its capability to cater to industries such as telecommunication, data processing, consumer electronics, and automotive industry. In addition, advantages such as higher performance, and lower power consumption as compared to standard purpose logic is driving the demand for special purpose logic. The major players catering to the global logic market includes Intel Corporation, Broadcom, Qualcomm Technologies, Inc., Apple Inc., and Samsung, among others.
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The global logic market witnessed a high growth in the past and is expected to rise at a healthy growth rate during the forecast period. The growth for logic is mainly attributed to the rising demand from industrial and consumer electronics sectors. Furthermore, increase in demand of electronic devices with higher performance and reduced power consumption, which can improve vehicle performance, increase comfort and convenience for occupants and help in safe driving of automotive vehicles is expected to drive the market for logic during the forecast period.
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