Lewes, DE -- (SBWIRE) -- 09/15/2016 -- Report forecast the global electronic design automation (EDA) market to grow at a CAGR of 8.52% during the period 2016-2020.

EDA comprises software tools used in the designing of electronic systems and components such as ICs and PCBs. The tools allow electrical (hardware) and computer (software) engineers to design, analyze, and simulate electronic components and systems. They are also used to derive methodologies and algorithms that aid in the designing of ultra-large-scale integration (ULSI) circuits. Segments such as CAE, semiconductor IP, IC physical design and verification, PCB and MCM, and services add up to drive the growth of the global EDA market.

The report covers the present scenario and the growth prospects of the global electronic design automation (EDA) market for 2016-2020. The report also presents the major vendors that develop EDA software tools in regions such as the Americas; Europe, Middle East, and Africa (EMEA); and APAC.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, high research and development investments will be a key driver for market growth. R&D forms an integral part of the semiconductor industry. The semiconductor industry recorded its highest R&D spending of $56.4 billion in 2015. This, however, is not in lieu of the industry standard for R&D spending since 2010, which grew at an average of 13% on a yearly basis. The industry spending toward R&D was up by only 0.5% from 2014, which is the lowest the industry has witnessed since the downturn of 2009. The spending was also below the CAGR of 4% between 2005 and 2015. Intel, one of the leading chip vendors in the market, accounted for 22% of total semiconductor spending in 2015. This was the highest among leading players such as Qualcomm, Samsung Electronics, and Avago Technologies and foundries such as Taiwan Semiconductor Manufacturing Corporation (TSMC). An important aspect to note is that the top five R&D spenders were unchanged from 2014.

Further, the report states that uncertain economic conditions will be a challenge for the market. The semiconductor market is highly dependent on expenditure by vendors. This high expenditure is mostly funded by financial institutions and from retained earnings of companies. The global economy is plagued with uneven market prospects currently. The exit of Britain from the European Union has resulted in the decline of global markets sharply. In addition, the Chinese economy is facing a downturn, which has resulted in the dwindling of the Chinese yuan against the dollar, making the outlook unpredictable. This is expected to affect the market largely as China is a hub of semiconductor manufacturing. The slowdown of the global economy will tighten credit facilities for market vendors, thereby reducing their profit margins. This may force them to cut their R&D expenses, including those on emerging technologies. As a result, the market for EDA software tools is likely to suffer a serious challenge in the form of uncertain economic conditions.

Global Electronic Design Automation (EDA) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global electronic design automation (EDA) market: Synopsys, Cadence Design Systems, and Mentor Graphics.

Other Prominent Vendors in the market are: Agnisys, Aldec, Ansoft, ATopTech, JEDA Technologies, Sigrity, Tanner EDA, Xilinx, and Zuken.

Market driver
- Growing complexity of semiconductor device designs
- For a full, detailed list, view our report

Market challenge
- Difficulty in developing scalable design methodologies
- For a full, detailed list, view our report

Market trend
- High need for semiconductor memory devices
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 41 Exhibit "Global Electronic Design Automation Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-electronic-design-automation-market-2016-2020

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