Multiplication in hardware can be implemented in two ways either by using more hardware for achieving fast execution or by using less hardware and end up with slow execution. The area and power of the multiplier is an important issue, increment in speed and power results in large area consumption and vice versa. Multipliers play vital role in most of the high performance systems. Performance of a system depend to a great extent on the performance of multiplier thus multipliers should be fast and consume less area and hardware.