Global Electronic Design Automation Tools (EDA) Market Size study & Forecast, by Type (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 (Communication, Consumer Electronics, Automotive, Industrial, Other Applications) and Regional Analysis, 2023-2030
Global Electronic Design Automation Tools (EDA) Market is valued approximately USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030. Electronic Design Automation (EDA) tools are software tools used by electronic engineers to design, analyze, and validate integrated circuits (ICs), printed circuit boards (PCBs), and other electronic systems. These tools are essential in the development and optimization of complex electronic designs, helping to streamline the design process and improve overall efficiency. EDA tools encompass a wide range of software applications that cover various stages of the design cycle, including schematic capture, simulation, synthesis, layout, and verification. These tools enable engineers to design and test electronic systems at different levels of abstraction, from high-level system design down to the transistor level. The key factor driving the market growth is rising adoption of cloud-based EDA tools, and need for improved productivity and efficiency is anticipated to support the market growth over the forecast period. Additionally, the global Electronic Design Automation Tools (EDA) Market is expanding due to the Internet of Things (IoT) and connected devices. The aerospace and defence, consumer electronics, and automotive industries are driving demand for solutions as a result of the use of these technologies that are helping in reducing errors and design time & cost. This is expected to positively fuel the expansion for electronic design automation tools (EDA).
Moreover, the adoption of cloud-based EDA tools is anticipated to create lucrative demand for the market and influence market players to develop cloud-based tools which support the market growth. For instance, in June 2021, The HES-DVM Proto Cloud Edition (CE) was released by Aldec Inc. HES-DVM Proto CE, which is accessible through Amazon Web Services (AWS), focuses on automated design partitioning to significantly minimize bring-up time when up to four FPGAs are required to accommodate a design. It can be used for FPGA-based prototyping of SoC / ASIC designs. Additionally, growing technological advancement in EDA tools is anticipated to create the lucrative opportunity for the market during forecast period. However, the high cost of Electronic Design Automation Tools (EDA) stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Electronic Design Automation Tools (EDA) Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising adoption in industries, such as consumer electronics, automotive, and increasing developments in the semiconductor industry. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as presence of key market players, growing use of advanced technologies in consumer electronics, rising demand for connected devices, and growing demand in automotive industry.
Major market player included in this report are:Altium Limited
ANSYS, Inc.
Cadence Design Systems, Inc.
Keysight Technologies
Agnisys, Inc.
Aldec, Inc.
Synopsys, Inc.
National Instruments Corporation
Intercept Technology
Silvaco, Inc
Recent Developments in the Market: In May 2021, Keysight Technologies Inc. has acquired Quantum Benchmark, a leader in error detection, errors suppression, and performance approval software for quantum computing. By identifying and resolving the specific error issues required for high-impact quantum computing, Quantum Benchmark offers software solutions for enhancing and confirming the hardware capabilities of quantum computing.
Global Electronic Design Automation Tools (EDA) Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
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:
Communication
Consumer Electronics
Automotive
Industrial
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Companies MentionedAltium Limited
ANSYS, Inc.
Cadence Design Systems, Inc.
Keysight Technologies
Agnisys, Inc.
Aldec, Inc.
Synopsys, Inc.
National Instruments Corporation
Intercept Technology
Silvaco, Inc
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.