Electronic Design Automation Tools (EDA) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Agnisys Inc., Aldec Inc., Altera Corporation, Altium LLC

The global Electronic Design Automation Tools (EDA) market is estimated to grow at 8.1% CAGR during the forecast period (2022-2027).

Electronic Design Automation Tools (EDA) Market Overview

Electronic Design Automation (EDA) Tool is used to create and design electronic systems like Integrated Circuits (ICs) and Printed Circuit Boards (PCBs). The industry commercializes the tools, processes, and procedures used in electronic system fabrication. The growing cloud computing sector will drive demand for EDA software across a variety of industry verticals. Traditional on-premise EDA solutions are progressively giving way to cloud EDA software. The increasing complexity of SoC designs has highlighted the necessity to incorporate additional capabilities and increase compute power. The cloud solves these problems by providing a scalable solution. Cloud-based solutions are increasingly being employed by semiconductor firms for the creation of complicated electronic systems since they can be accessible from any place inside the enterprise. A cloud-based solution allows for simple and quick upgrades in response to changing requirements. To offer cloud-based EDA software, leading electrical design automation market participants are cooperating with cloud technology providers.

The report aspects discussed the profile of the top manufacturers of the global Electronic Design Automation Tools (EDA) market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Electronic Design Automation Tools (EDA) Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Electronic Design Automation Tools (EDA) Market Growth Drivers

• Growth of internet of things (IoT) and connected devices


• Advancements in SoC technology driving the semiconductor IP market


• Increasing usage of FPGAs (Field Programmable Gate Arrays) in data centers


• Growing demand for EDA tools in the automotive sector in North America and Europe


• Growing smartphone demand in India and South-East Asia

Industry News and Updates

March 21, 2022: Ansys Collaborates with Microsoft to Drive Innovation Forward with Chip Development, Simulation, and Cloud Computing--

Ansys (NASDAQ: ANSS) customers will have automatic cloud access to the latest 3rd Gen AMD EPYC processors with AMD 3D V-Cache technology, available on Microsoft Azure HBv3 VMs. Ansys Cloud, the managed cloud service provided by Ansys and enabled on Azure, will automatically upgrade to offer the ability to use the latest AMD chips today. Designed specifically to accelerate computer-aided engineering (CAE) workflows, the new Azure HBv3 VMs with 3rd Gen AMD EPYC processors with AMD 3D V-Cache technology produce unprecedented performance boosts for technical computing workloads.

What are the major Applications, Types and Regions for Electronic Design Automation Tools (EDA) Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Computer-aided Engineering (CAE)


• IC Physical Design and Verification


• Printed Circuit Board and Multi-chip Module (PCB and MCM)


• Semiconductor Intellectual Property (SIP)

By Application, it is segmented into

• Communication


• Consumer Electronics


• Computer


• Automotive


• Industrial

Electronic Design Automation Tools (EDA) Market Regional Analysis

The Asia Pacific electrical design automation market is expected to account for roughly 40% of total revenue in 2020, driven by increased demand for wireless smart electronic gadgets and a mature semiconductor sector. Smartphone manufacturers are concentrating on cramming as many features as possible into their devices while keeping the size of the device as small as possible. The trend of device shrinking has gained traction as well.

The Germany EDA market for automotive applications is expected to develop at a CAGR of 12.5% until 2027, owing to the increasing adoption of advanced simulation and electronic design tools for the manufacturing of automobile parts. With the introduction of advanced driver-assistance systems (ADAS), electronic circuits will become more prevalent in automobiles, encouraging automakers to employ high-performance design and automation technologies, boosting market value.

The electronic design automation market in the United States is expected to increase at a 7% annual rate until 2027, driven by a modernised medical sector that integrates high-performance electronic solutions into equipment for sophisticated treatments and surgeries. Miniaturization of electronics used in important medical surgeries is possible because to compact and high-performance printed circuit boards (PCBs) and multi-chip modules. All computerised medical equipment is built around them.

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• Asia-Pacific
  
  
  
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The Electronic Design Automation Tools (EDA) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Electronic Design Automation Tools (EDA) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Electronic Design Automation Tools (EDA) Market report scope?

Frequently Asked Questions

What is the growth rate of Electronic Design Automation Tools (EDA) Market?

The Electronic Design Automation Tools (EDA) Market is growing at a CAGR of 8.1% over the next 5 years.

Who are the key players in Electronic Design Automation Tools (EDA) Market?

Agnisys Inc., Aldec Inc., Altera Corporation, Altium LLC, Ansys Inc., Autodesk Inc., Cadence Design Systems Inc., EasyEDA, Electromagenticworks Inc., Ferrochip, Intercept Technology Inc., Invionics Software Inc., Keysight Technologies, National Instruments Corporation, Synopsys Inc, and Xilinx Inc.

What are the significant types of Electronic Design Automation Tools (EDA) Market?

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

What are the major end-use applications of Electronic Design Automation Tools (EDA) Market?

Communication, Consumer Electronics, Computer, Automotive, Industrial

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