Electronic Design Automation Tools Market 2021: Key Challenges, Competition, Technology Development, Size, Share, Trends, Demand, CAGR and Forecast Outlook of Top Growing Companies 2027

The global electronic design automation market accounted to US$10.31 Bn in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period 2019 - 2027, to account to US$28.27 Bn by 2027.

Electronic design automation software comprises of multiple tools and applications. Integrating these tools according to the customers' demand sometimes becomes a complicated job. The complex requirements of the end-users regarding highly stable and accurate product positioning is addressed with the help of EDA. Rising complexities and cost challenges faced by the industries for implementation of expensive complex designs is key influencer driving the demand of EDA.

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APAC is expected to be the dominant region in the electronic design automation market. The major reason for this is the huge electronics and semiconductor hub in China coupled with the large population density of the region. Also China accounts for the largest shipments for semiconductors across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of electronic design automation market in the region.

Growth of semiconductor industry:

The SIA (Semiconductor Industry Association) in October 2018, while representing the U.S leadership in semiconductor research, design and manufacturing had charted an increase of 12.7% from 2017 and marked the total revenue of US$ 41.8 Bn. Furthermore, the WSTS also forecasted a trajectory of 15.9% in 2018 and 2.6% in 2019.
This growth in the semiconductor industry has raised the confidence of the electronic design automation market players in terms of revenue growth. The companies operating in the semiconductor landscape are not only anticipating a substantial rise in the revenue but are also respectively increasing their R&D spending. The year on year increase in R&D spending has have imposed a noteworthy thrust to the electronic design automation market during the recent past and is projected to continue to drive the market in the coming years.

As the semiconductor industry continues to be in strong up-cycle, the leaders in the electronic design automation market are expected to adopt a future-oriented approach by considering unconventional end-market such as artificial intelligence, autonomous vehicle and IoT. Additionally, the memory companies are also likely to witness a raise sales owing to bolstering demand for data centers smartphones and autonomous vehicle technologies. Convergence of myriad semiconductor end-user markets has resulted in significant industry expansion, which in response has driven the electronic design automation market for technology, software and automation.

Rising Penetration of IoT, Artificial Intelligence and virtual Reality:

Smart homes, TVs, smartphones, Internet of Things, connected cars, artificial intelligence are that every aspect of human life that the consumer electronics industry has pervaded. The demand for consumer electronics across the globe has been largely driven by the desire of the consumers for bigger, newer and enhanced capabilities, which in turn has encouraged the sector to constantly explore innovations and technologies that not only encapsulate imagination of the people but are also affordable and relevant in terms of catering to their daily needs. In such cases the EDA software providers the electronic component manufacturers and technologists to design suitable prototype of the devices. Therefore, evolving consumer expectation and burgeoning demand of consumer electronics is expected to drive the EDA market in coming years.

Strategic Insights:
Few of the recent strategies by some of the players in electronic design automation market landscape are listed below:
2018: Cadence Design Systems, Inc. announced a strategic partnership with Green Hills Software to accelerate embedded safety and security. Cadence Design Systems, Inc. invested $150 million that is about 16% ownership interest in GreenHill.
2018: Keysight technologies was selected by ON Semiconductor for as an EDA partner for delivering a design solution for power devices that is expected to increase reliability and accelerate time-to-market.

2018: Synopsys, Inc. and Siemens AG announced a collaboration for wide range of EDA projects. Additionally, the Siemens and Synopsys settled all outstanding patent litigation between Synopsys and Mentor Graphics.

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The report segments the global electronic design automation market as follows:

Global Electronic Design Automation Market - By Type
• Computer Aided Engineering (CAE)
• Semiconductor IP (SIP)
• IC Physical Design & Verification
• Printed Circuit Board (PCB) & Multi-Chip Module (MCM)

Global Electronic Design Automation Market - By Application
• Aerospace & Defense
• Consumer Electronics
• Telecom
• Automotive
• Industrial
• Others

Global Electronic Design Automation Market - By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Spain
o UK
o Rest of Europe

• Asia Pacific (APAC)
o China
o India
o Japan
o South Korea
o Rest of APAC

• Rest of the World (RoW)
o South America
o Middle East and Africa

Global Electronic Design Automation Market - Company Profiles
• Agnisys Inc.
• Aldec, Inc.
• Autodesk, Inc.
• Cadence Design Systems, Inc.
• Labcenter Electronics Ltd.
• Keysight Technologies
• Mentor Graphics Corporation
• Silvaco, Inc.
• Synopsys, Inc.
• Zuken Inc.

Table of Content:

1. INTRODUCTION

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ELECTRONIC DESIGN AUTOMATION MARKET LANDSCAPE

5. ELECTRONIC DESIGN AUTOMATION MARKET - KEY INDUSTRY DYNAMICS

6. ELECTRONIC DESIGN AUTOMATION - GLOBAL MARKET ANALYSIS

7. GLOBAL ELECTRONIC DESIGN AUTOMATION MARKET ANALYSIS - BY TYPE

8. GLOBAL ELECTRONIC DESIGN AUTOMATION MARKET ANALYSIS - BY APPLICATION

9. ELECTRONIC DESIGN AUTOMATION MARKET - GEOGRAPHICAL ANALYSIS

10. INDUSTRY LANDSCAPE

11. COMPANY PROFILES
11.1 AGNISYS INC.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments

Key Benefits of Buying this Research Study:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electronic Design Automation Market
2. Highlights key business priorities in order to assist companies to realign their business strategies
3. The key findings and recommendations highlight crucial progressive industry trends in the Electronic Design Automation Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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