POWER ARCHITETURE MARKET: OVERVIEW AND DYNAMICS
Power Architecture was made acquainted to all by IBM technologies. Power Architecture is the technologies that are being applied in the computer for the general-purpose because of being ideal for the computing purpose. Power architecture technology mainly retains the original power PC architecture and in addition to that, it has power ISA technology which characterizes the assets for both server and embedded type of devices.
In addition to power PC, the appositeness of power architecture can be seen in-game consoles, satellites and mars rovers. The advantages of power architecture over the long-established method is the process size or fabrication size, 64-bit architecture with 32-bit subset and efficient data moving capacity. Instruction set architecture’s low silicon requirements enable high levels of integration, allowing a RISC processor core and multiple peripheral functions to be packed on a single chip with low power consumption and heat generation.
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The driver for the power architecture market is by the heightened application in aerospace and defense such as power architecture chips were used in all three mars rover for landing. With the lowest soft error rates under a bombardment of proton and neutron radiation, it has a leading share of safety-critical automotive embedded systems and an established track record of server reliability.
The introduction of new technology and the high cost of the product are constraints for the power architecture market, making it difficult for the wider populace to use. On the other hand implementation, in-game console and supercomputers are providing an opportunity for the market. This opportunity can only be met because it is the most scalable processor architecture.
Power architecture’s adaptability makes it well-suited for any advanced electronic application, and its progressive approach to allowing custom designs based on the architecture makes it the most flexible architecture. OEMs can choose from high efficiency, balanced power and performance, or low power thanks to Power Architecture and its multiple routes to market.
Due to various environmental regulations placed on end-use industries by the government to move the market towards merging green technology, the adoption rate of Power Architecture is increasing.
Different manufacturers are introducing different type of power architecture processor for various implementation such as AMMC has its 440 and 460 processor for high-performance storage application. The above all factors will contribute towards the rise of the market in the forthcoming years with increasing awareness.
POWER ARCHITETURE MARKET: COVID- 19 IMAPCT INSIGHTS
The impact of COVID-19 on the power architecture market was astounding and bizarre. Due to forced lockdowns and full shutdowns in almost every area of the world, the pandemic COVID-19 had a detrimental impact on the global economy. In the first half of the year, most industries’ manufacturing and supply chains experienced a significant drop. The lockdown in world-leading economies such as China and U.S lead the consumer and manufacturers to face huge losses.
Following the introduction of government legislation in the third quarter, multinational firms began manufacturing, resulting in a rise in the Power architecture market. Furthermore, the lifting of the lockout has started in a few areas, providing a ray of hope for a quick recovery in the power architecture industry. The increased utilization of healthcare during COVID-19 has boosted the demand for power architecture-based devices such as Pulse Oximetry and Healthcare Wearable Devices.
POWER ARCHITETURE MARKET: SEGMENTATION
The power architecture market can be segmented into three major categories based on application, endues and region.
On the basis of applications, the power architecture can be classified into
- Game Console
- Planetary Rollers
On the basis of End-Use, the power architecture can be classified into
On the basis of Region, the power architecture can be classified into
- North America
- Latin America
- South Asia and Oceania
- Middle East and Africa
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POWER ARCHITETURE MARKET: REGIONAL IMPACT
According to the regional presence, North America is the prominent player followed by Europe and the Asia Pacific. North America is estimated to hold more than 40% share of the Power Architecture market.
The generation of a huge amount of revenue from gaming industries in the Asia Pacific such as China, Japan and South Korea has indirectly affected the growth of the power architecture market optimistically. Albeit, the 70% utilization of semiconductor has been seen in the Asia Pacific excluding Japan.
North America is estimated to have increased demand for semiconductors in the forecast period due to the escalating investment in the research and development sectors in semiconductors. This will help in the growth of the power architecture market. According to the Semiconductor Industry Association U.S. has approximately 45% of the semiconductor products in the world. The reason for increased demand in the U.S. is because the U.S has the largest budget for space exploration.
Latin America is seeing stagnant growth in the power architecture market due to owing increase in the demand for the smartphone, tvs and laptop. Because of their steady increase in disposable income, consumers all over the country are investing in high-end electronic devices.
Europe to cater a sustainable growth in the power architecture market due to the growth of telecom and automotive industry. To meet the rising demand for advanced devices and components, companies across the region are investing in the development of new technologies and expanding their production capacity.
The power architecture market in MEA is influenced by the availability of skilled labour as well as rapid technological innovation. In the forecast years, the rising demand for advanced industrial products and high-end computing technologies is expected to fuel power architecture market growth.
POWER ARCHITETURE MARKET: KEY PLAYERS
The power architecture market has slightly inclined growth. The leading manufacturers for the power architecture
- NXP Semiconductor
. The increased application of power architecture in different industries from food to automotive has increased the demand for the market.
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Manufactures like Nintendo Wii are providing its customer with customized and differentiation variation of power architecture such as X- Box 360 and Play station 3. These things lead to the development of new technologies and help in the growth of the market.
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