Electronic Design Automation Tools (EDA) Market 2023 with Focus on Opportunities, Challenges and Growth Factors 2029

Market Overview:

Global Electronic Design Automation Tools (EDA) Market was valued at USD 11.82 Billion in 2021 and is expected to reach USD 22.25 Billion by the year 2028, at a CAGR of 9.46%.

Electronic design automation (EDA) is a type of software that facilitates the design of complex electronic systems using computers. This software is frequently used to create circuit boards, processors, and other types of intricate electronics. The software program, also referred to as electronic computer-aided design, has largely supplanted manual techniques for designing semiconductors and circuit boards. In addition to providing pre-designed circuits that engineers can use as parts of bigger chip designs, EDA vendors on the market also provide semiconductor intellectual property (IP) products.

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Market Dynamics:

Driver:

The growing demand for small electronic devices and the expanding use of SoC technology across a variety of sectors, including the automotive, IoT, and AI, are the main factors propelling the growth of the electronic design automation market. The market is presently expanding due in large part to the electronics industry's constant growth as well as the global trend towards industrial automation. Additionally, market development will be boosted in the future by the integration of connected devices with the Internet of Things (IoT), augmented reality (AR), and artificial intelligence (AI). Compact, low-operational-power circuitry, semiconductors, and sensors are becoming more widely used thanks to these technologies.

Opportunities:

The worldwide EDA market is incredibly large and is the wide backbone to some of the well-known vendors who have been active in this market for roughly the last three to four decades. The market is seeing an influx of new entrants as a result of new emerging possibilities from the automotive, AI, IoT, and virtual/augmented reality, which is also being noticed by many of the upcoming players. The EDA market is extremely competitive, with vendors vying fiercely for customers with cutting-edge features provided by their software tools. This increased market diversity creates more opportunities for growth and development.

Key Chapter Will Be Provided In The Report

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis
•SWOT Analysis

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Market Segmentation

Segmentation Insights

Based on Type, Computer-aided engineering (CAE) provides sophisticated designs, better standards, and improved operating practices. These benefits through the large-scale adoption of CAE in the automobile industry. It shares its largest share about 36.49% compared to others like IC physical design which is for creation of geometric representations of ICs, using EDA tools and Printed Circuit Board and Multi-chip Module (PCB and MCM) and Semiconductor Intellectual Property (SIP), which is for performance efficiency as semiconductor Ips makes the device more efficient, smaller, and light weight.

Based on Application, the EDA market is been segmented as Communication, Consumer Electronics, Computer, Automotive Industrial, etc. of which the revenue share is large for the communication applications. Also, the wide use is seen in automotive industry and industrial applications that require highly reliable semiconductor packaging, especially the ones that are for safety applications.

By Type

•Computer-aided Engineering (CAE)
•IC Physical Design & Verification
•Printed Circuit Board & Multi-chip Module (PCB and MCM)
•Semiconductor Intellectual Property (SIP)

By Application

•Communication
•Consumer Electronics
•Computer
•Automotive
•Industrial
•Other

Regional Insights

North America is the eminent region and is expected to be a significant contributor to the electronic design automation (EDA) market in the coming times, as fabless semiconductor companies, integrated device manufacturers, and foundries are the primary customers for semiconductor foundries and are densely populated in the region. The fabless companies in the region are Apple, NVIDIA, Broadcom, Qualcomm, Xilinx, and some others. The United States is a significant country in manufacturing and designing in the semiconductor industry.

By Region

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

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Table Of Content
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Electronic Design Automation Tools (EDA) Market by Type
 5.1 Electronic Design Automation Tools (EDA) Market Overview Snapshot and Growth Engine
 5.2 Electronic Design Automation Tools (EDA) Market Overview
 5.3 Computer-aided Engineering (CAE)
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Computer-aided Engineering (CAE): Grographic Segmentation
 5.4 IC Physical Design & Verification
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 IC Physical Design & Verification: Grographic Segmentation
 5.5 Printed Circuit Board & Multi-chip Module (PCB & MCM)
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Printed Circuit Board & Multi-chip Module (PCB & MCM): Grographic Segmentation
 5.6 Semiconductor Intellectual Property (SIP)
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Semiconductor Intellectual Property (SIP): Grographic Segmentation

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Chapter 6: Electronic Design Automation Tools (EDA) Market by Application
 6.1 Electronic Design Automation Tools (EDA) Market Overview Snapshot and Growth Engine
 6.2 Electronic Design Automation Tools (EDA) Market Overview
 6.3 Communication
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Communication: Grographic Segmentation
 6.4 Consumer Electronics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Consumer Electronics: Grographic Segmentation
 6.5 Computer
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Computer: Grographic Segmentation
 6.6 Automotive
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Automotive: Grographic Segmentation
 6.7 Industrial
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Industrial: Grographic Segmentation
 6.8 Other
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Other: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis

To Be Continued…

Players Covered in Electronic Design Automation Tools (EDA) market are :

•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 and other major key players.

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Key Industry Developments

The rise of electronics through smart connected devices is expected to drive the EDA companies into a huge development in which traditional EDA will shift to the vertical integration of EDA. New opportunities in the automotive industries, IoT, AI, and virtual/augmented reality (VR/AR) sectors have provided semiconductor companies through all phases of the IC production cycle with sizable revenue increases and are also promising for the future. The market foresees some very great opportunities in terms of the design and verification of IoT devices plus the machine learning algorithms are effective in improving and adding features to EDA tools affecting directly to the growth of the industry.

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