Electronic Design Automation Market Share Report by 2026

Electronic Design Automation Market Size, Growth, Analysis, Top Companies Share, Outlook, Trends, and Forecast Report by 2026

by Jaswanth D

Electronic Design Automation Market Overview:

According to the latest report by IMARC Group, titled “Electronic Design Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the electronic design automation (EDA) market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global electronic design automation market to grow at a CAGR of around 10% during 2021-2026.

Electronic design automation (EDA), or electronic computer-aided design (ECAD), represents a collection of various software tools used to design numerous electronic systems, including integrated circuits (ICs) and printed circuit boards. EDA utilizes integrated layouts of analog and digital designs and helps in minimizing the production costs and time needed to design ICs, in addition to eliminating potential manufacturing errors. Consequently, EDA finds extensive applications across several industries, such as aerospace, healthcare, defense, telecom, automotive, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you via email within 24 to 48 hours.

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Electronic Design Automation Market Trends:

The emerging trend of industrial automation and the expanding electronics industry are some of the key factors driving the electronic design automation market. In line with this, the escalating demand for circuit boards, semiconductors, sensors, etc., which are compact and require low operational power, is further bolstering the market growth.

Moreover, the integration of connected devices with the Internet of Things (IoT), augmented reality (AR), artificial intelligence (AI), etc., is acting as another significant growth-inducing factor. Besides this, the accelerating adoption of miniaturized electronic products, owing to their improved heat and mass transfer capabilities, is augmenting the global market. Furthermore, manufacturers are increasingly utilizing EDA solutions to design advanced electronics with compact designs and high efficiency, including smart wearable devices, automotive gadgets, healthcare equipment, etc. This, in turn, is also positively influencing the market growth.

Apart from this, the elevating utilization of microprocessors and controllers in automated controls and smartcard applications is expected to propel the electronic design automation market over the forecasted period.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/electronic-design-automation-market

Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Altium
  • ANSYS Inc.
  • Autodesk Inc.
  • Boldport Limited
  • Cadence Design Systems Inc.
  • Mentor (a Siemens Business)
  • Silvaco Inc.
  • Synopsis Inc.
  • Vennsa Technologies
  • Xilinx Inc.

Key Market Segmentation Breakup by:

The report has segmented the market on the basis of solution type, deployment type, end-use industry and region.

Solution Type:

  • Semiconductor IP
  • CAE (Computer Aided Engineering)
  • IC Physical Design and Verification
  • PCB & MCM (Printed Circuit Mode and Multi-Chip Module)
  • Services

Deployment Type:

  • On-premises
  • Cloud-based

End-Use Industry:

  • Military/Defense
  • Aerospace
  • Telecom
  • Automotive
  • Healthcare
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Get in Touch with our Expert Team for Inquire or further information: https://www.imarcgroup.com/request?type=report&id=1925&flag=C

Key highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Also Read: Edible Cutlery Market Research Report 2022-2027: https://techycons.com/edible-cutlery-market-analysis-share-size-report-2022-27/

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