The global electronic design automation tools (EDA) market was valued at USD 10.80 Billion in 2020, and it is expected to reach USD 18.37 Billion by 2027, registering a CAGR of 9.46% during the period 2021-2027.
Electronic Design Automation Tools (EDA) software facilitates designers’
needs at multiple levels of the creation of designs for electronic systems,
including integrated circuits (ICs), printed circuit boards (PCBs), and
multi-chip modules (MCMs). The EDA software allows the designer to analyze,
monitor, and simulate the designs before their practical implementation. The
electronic design automation software market is closely related to the
semiconductor industry. EDA software is mainly used in automotive, machinery,
electronics, communications, aerospace & defense, medical, and other industries.
According to application, the
consumer electronics segment accounted for the highest electronic design
automation software market size in the global market in 2019. This is
attributed to continuous advancements in the consumer electronics such as smart
phones, laptops, desktops, tablets, cameras and many more. The EDA software is
also expected to meet the unfulfilled need for methods, models and tools that
would permit quicker and more accurate design and verification of
microelectronic systems and circuits which is driving the growth of this
segment.
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The Major
Players In The Electronic Design Automation Tools (EDA) Market Include:
Altium
Limited, ANSYS Inc., Cadence Design Systems Inc., Keysight Technologies Inc.,
Agnisys Inc., Aldec Inc., Lauterbach GmbH, Mentor Graphic Corporation
(Siemens), Synopsys Inc., Xilinx Inc., Zuken Ltd
Market has
segmented the global Electronic Design Automation Tools (EDA) market on the
basis of type, application, and region:
The Electronic Design Automation
Tools (EDA) market is segmented by type and application. Growth between
segments over the period 2022-2028 provides accurate calculations and forecasts
of revenue by type and application in terms of volume and value. This analysis
can help you expand your business by targeting eligible niches.
By Type:
Computer-aided Engineering
(CAE), IC Physical Design and Verification, Printed Circuit Board and
Multi-chip , Module (PCB and MCM), Semiconductor Intellectual Property (SIP)
By
Application:
Communication, Consumer
Electronics, Computer, Automotive, Industrial, Other Applications
By Regional Outlook
- North America (U.S., Canada,
Mexico)
- Europe (Germany, U.K., France,
Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India,
Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC
Countries, South Africa, Rest of MEA)
- South America (Brazil,
Argentina, Rest of South America)
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Covid-19
Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols range from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools,
banning public gatherings, imposing curfews, distributing digital passes, and
allowing police to restrict citizen movements within a country, as well as
closing international borders. With the growing vaccination rate, governments
are uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Electronic Design Automation Tools (EDA) Market has
experienced slow down growth, however, the market is expected to bounce back as
restrictions are being lifted up by governments across the globe.
Key benefits
for stakeholders
·
This study includes the analytical depiction of the
electronic design automation software market forecast and trends to determine
the imminent investment pockets.
·
The report presents information related to key
drivers, restraints, and opportunities of the electronic design automation
software Industry.
·
The electronic design automation software market
size is quantitatively analyzed from 2019 to 2027 to highlight the financial
competency of the market.
·
Porter’s five forces analysis illustrates the potency
of buyers & suppliers in the electronic design automation software market.
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