Global Electronic Design Automation (EDA) Tools Market, 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)), Component (Solution, Services), Deployment (Cloud, On-Premise), End-user (Communication, Consumer Electronics, Computer, Automotive, Industrial, Others), Application (Design, Verification, Simulation), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Electronic Design Automation (EDA) Tools Market
Electronic design automation (EDA) tools market will grow at a CAGR of 7.05% in the forecast period of 2021 to 2028. Rising complications in semiconductor devices and design is an essential factor driving the electronic design automation (EDA) tools market.
Electronic design automation (EDA) is defined as software tool that is used for designing electronic system such as integrated circuit boards, printed circuit boards and it also helps in delivering superior levels of scalability in circuit boards. They are also used in various applications such as designing verification and simulation.
Increasing adoption of finfet architecture is a crucial factor accelerating the market growth, also surging demand for system on chip technology, rising demand for miniaturized electronic products in several applications, rising growth of Internet of Things (IoT) and connected devices, rising advancements in SoC technology, increased demand for semiconductor memory devices, rising usage of FPGAs (Field Programmable Gate Arrays) in data centers, rising adoption of FinFET architecture in the U.S. and Europe, increasing demand for EDA tools in the automotive sector in North America and Europe, hiking demand for wearable technology across Europe and Asia Pacific, increase in number of fabless manufacturing companies in Asia Pacific, rising smartphone demand in India and South-East Asia, hiking adoption and demand from the education sector across Latin America & Europe and rising development of smart cities in the Middle East are the major factors among others boosting the electronic design automation (EDA) tools market. Moreover, rising technological advancements and modernization in the automation will further create new opportunities for electronic design automation (EDA) tools market in the forecast period mentioned above.
However, rising evolution in technology and manufacturing processes, increasing concerns related to the Moore’s law, unorganized sector and intellectual property (IP) issues in Asia Pacific and uncertain economic conditions in several countries across the globe are the major factors among others which will curtail the market growth, and will further challenge the electronic design automation (EDA) tools market in the forecast period mentioned above.
This electronic design automation (EDA) tools market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on electronic design automation (EDA) tools market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electronic Design Automation (EDA) Tools Market Scope and Market Size
Electronic design automation (EDA) tools market is segmented on the basis of type, component, deployment, end-user and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Electronic design automation (EDA) tools market on the basis of type has been segmented as computer-aided engineering (CAE), IC physical design and verification, printed circuit board and multi-chip module (PCB and MCM) and semiconductor intellectual property (SIP).
- Based on component, the electronic design automation (EDA) tools market has been segmented into solution and services. Solution segment has been further segmented into bundled and standalone. Services segment has been further segmented into managed and professional services.
- On the basis of deployment, the electronic design automation (EDA) tools market has been segmented into cloud and on premise. Cloud based has been further segmented into private cloud, public cloud and hybrid cloud.
- On the basis of application, electronic design automation (EDA) tools market has been segmented into design, verification and simulation.
Electronic design automation (EDA) tools market has also been segmented on the basis of end user into communication, consumer electronics, computer, automotive, industrial and others.
Electronic Design Automation (EDA) Tools Market Scope Country Level Analysis
Electronic design automation (EDA) tools market is analysed and market size, volume information is provided by country, type, component, deployment, end-user and application as referenced above.
The countries covered in the electronic design automation (EDA) tools market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the electronic design automation (EDA) tools market due to rising prevalence of mid and large sized enterprises whereas, Asia-Pacific is expected to grow in the forecast period of 2021-2028 because of increasing adoption of EDA tools in this region.
The country section of the electronic design automation (EDA) tools market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Electronic Design Automation (EDA) Tools Market Share Analysis
Electronic design automation (EDA) tools market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electronic design automation (EDA) tools market.
The major players covered in electronic design automation (EDA) tools market report are Altium Limited, ANSYS, Inc., Cadence Design Systems, Inc., Keysight Technologies, Agnisys, Inc., Aldec, Inc., Mentor, a Siemens Business, Synopsys, Inc., Xilinx, Zuken, Sigasi, National Instruments Corporation, Intercept Technology and Silvaco, Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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