What is Electronic Design Automation?
Electronic design automation (EDA) refers to a group of software tools used for designing an electronic system such as integrated circuits (ICs) and printed circuit boards (PCBs). This software tools work together for analyzing the system's performance and evaluate the power needs. Owing to technological advancements, growing automation in numerous industries and integration of artificial intelligence (AI) and machine learning (ML) in the EDA, industry has high growth prospects in the future.
The market study is broken down by Type (Computer-aided Engineering (CAE), Physical Design and Verification, Printed Circuit Board and Multi-chip Module (PCB and MCM), Semiconductor Intellectual Property (SIP) and Others), by Application (Hardware Simulation, Hardware Compilers, Place & Route, Formal Verification, Mask generation, Semiconductor Simulation and Others) and major geographies with country level break-up. According to AMA, the Global Electronic Design Automation market is expected to see growth rate of 6.16%
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Electronic Design Automation market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cadence Design Systems (United States), Synopsis (United States), Mentor Graphics Corporation (United States), Xilinx (United States), Blue Pearl Software (United States), Zuken (Japan), Keysight Technologies (United States), Agnisys (United States), Ansys (United States), Altium Ltd. (United States), Aldec (United States), Hypermeshs (Germany), Autodesk (United States) and Keysight Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Dolphin Integration (France), Intellitech (United States) and JEDA Technologies, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Electronic Design Automation market by Type, Application and Region.
On the basis of geography, the market of Electronic Design Automation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Industries , the sub-segment i.e. Automotive will boost the Electronic Design Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. On-premises will boost the Electronic Design Automation market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Integration of ECAD with MCAD
- Emphasizing On Use of Software Parallelism in EDA
- Increasing Demand for Application Precise Integrated Circuits
- Advantages offered by EDA such as Eliminating Manufacturers Errors and Reducing manufacturing Cost
- Ability to solve complex design configuration with relative ease
- Growing automation across industry verticals
- Incorporation of AI and ML to increase the effectiveness of EDA
- Increasing Demand of Technologically Advanced Products Owing To Manufacturing Difficulties in the Semiconductor Production
- Complexity to Parallelize Huge Programs
- High Cost Associated with EDA Process
- Developing functional design and implementation of processes
- Lack of Technical Expertise to Adopt New Technologies
Key Target AudienceSoftware Service Providers, Technology Distributers, Electronic Equipment Manufacturer, Graphic Designers, Research and Development Companies, Market Research and Consulting Firms, Government Agencies and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.