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.
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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.
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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)
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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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