Scope of the Study
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 being classified 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%
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 profiled in the study. Additionally, the Players which are also part of the research are Dolphin Integration (France), Intellitech (United States) and JEDA Technologies, Inc. (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Electronic Design Automation market throughout the predicted period.
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.
- Advantages offered by EDA such as Eliminating Manufacturers Errors and Reducing manufacturing Cost
- Ability to solve complex design configuration with relative ease
- Integration of ECAD with MCAD
- Emphasizing On Use of Software Parallelism in EDA
- Increasing Demand for Application Precise Integrated Circuits
- Complexity to Parallelize Huge Programs
- High Cost Associated with EDA Process
- 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
- 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
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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