China Electronic Design Automation (EDA) Tools Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The China Electronic Design Automation (EDA) Tools Market is expected to register a CAGR of 10.2% during the forecast period (2021 - 2026). China commands a significant share of the semiconductor industry. According to SEMI, China is expected to be the top country in fab investment in 2020, with more than USD 20 billion in expenditure.
Key HighlightsThe China Electronic Design Automation (EDA) Tools Market is highly competitive owing to the presence of multiple domestic and international players in the market. The market appears to be moderately concentrated with the major players adopting strategies such as product innovation and mergers and acquisition in order to widen their product portfolio and stay competitive in the market.
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