Electronic Design Automation Market Size, Share, Trend & Growth Forecast to 2027

The global electronic design automation market accounted to US$10.31 Bn in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period 2019 – 2027, to account to US$28.27 Bn by 2027.

Electronic design automation (EDA) is a software tool that is utilized in the industries for designing complex next-generation electronic products and semiconductors. Electronic design automation software comprises of multiple tools and applications. Integrating these tools according to the customers’ demand sometimes becomes a complicated job. The complex requirements of the end-users regarding highly stable and accurate product positioning is addressed with the help of EDA. Rising complexities and cost challenges faced by the industries for implementation of expensive complex designs is key influencer driving the demand of EDA.

The "Global Electronic Design Automation Market Analysis to 2027" is a specialized and in-depth study of the electronic design automation industry with a focus on the global market trend. The report aims to provide an overview of global electronic design automation market with detailed market segmentation by type, application and geography. The global electronic design automation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Some of the key players influencing the market are Synopsys Inc., Mentor Graphics, Inc., Cadence Design Systems (I) Pvt. Ltd., Solido Design Automation Inc., Zuken Inc., Agnisys Inc., Aldec Inc., Silvaco International, Keysight Technologies, and Labcenter Electronics Ltd. among others.

APAC is expected to be the dominant region in the electronic design automation market. The major reason for this is the huge electronics and semiconductor hub in China coupled with the large population density of the region. Also China accounts for the largest shipments for semiconductors across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of electronic design automation market in the region.

As the semiconductor industry continues to be in strong up-cycle, the leaders in the electronic design automation market are expected to adopt a future-oriented approach by considering unconventional end-market such as artificial intelligence, autonomous vehicle and IoT. Additionally, the memory companies are also likely to witness a raise sales owing to bolstering demand for data centers smartphones and autonomous vehicle technologies. Convergence of myriad semiconductor end-user markets has resulted in significant industry expansion, which in response has driven the electronic design automation market for technology, software and automation.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronic design automation market based on type and application. It also provides market size and forecast till 2025 for overall electronic design automation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

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Posted by on Tuesday October 22 2019, 3:59 AM EDT. All trademarks acknowledged. Filed under Semiconductors, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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