This global Electronic Design Automation market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Selbyville, DE -- (SBWire) -- 02/18/2019 --Market Study Report adds global Electronic Design Automation market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Electronic Design Automation Market is set to exceed USD 9 Billion by 2024. Electronic design automation (EDA), also referred to as electronic computer-aided design (ECAD) is a category of software tools for designing electronic systems such as integrated circuits and printed circuit boards. The tools work together in a design flow that chip designers use to design and analyze entire semiconductor chips. Since a modern semiconductor chip can have billions of components, EDA tools are essential for their design.

This report focuses on the top Manufacturers and players in global market are given bellow: Synopsys, Inc., Cadence Design Systems, Mentor Graphics, Zuken, Inc., CadSoft Computer, Solido Design Automation, National Instruments, Xilinx, Inc., JEDA Technologies, Pulsonix, Intercept Technology, Inc., Invionics, and Keysight Technologies

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Semiconductors are being commonly used in the consumer electronic devices such as PCs, smartwatches, smartphones, and tablets, and other smart products and can communicate with other components through a burgeoning network connected by the IoT. These components are the fundamental enabling technology of modern electronics and require microcontrollers, sensors, and memory to connect to each other and perform their functions. The infrastructure to connect all these devices is correlated to the continued innovations in the semiconductor technology. Owing to the rise in the adoption of smartphones and tablets over the last few years, the industry has witnessed an increase in touchscreens, proximity sensors, accelerometers, and camera modules. Designing these devices necessitates electronic tools, generating a high demand for the EDA market growth.

The Semiconductor Intellectual Property (SIP) market accounted for over 30% of the EDA market share in 2016 and is anticipated to grow at a high CAGR from 2017 to 2024. Growing applications of the SIP are witnessed majorly in the consumer electronics industry owing to the rise in the adoption of mobile devices such as tablets and smartphones. The development of smart devices involves an extensive R&D that has increased the complexity of chip design, leading to a high adoption of a new IP block or cores as mobile manufacturers are majorly focusing on providing enhanced performance to end users with limited chip sizes.

The development of smart electronic systems that cater to smart homes and connected devices is the key driver of the EDA market in North America. Several component manufacturers are adopting technologically-advanced methods to reduce the design and manufacturing time of the electronic components. Early adoption and high penetration of technology are helping the EDA market in the region grow. In addition, the rise in investments from the government entities has led to a rise in the healthcare expenditure to enhance the healthcare infrastructure. Growing focus on the patient safety, intensifying government legislation, and technological revolution have augmented the usage of electronic designing tools, boosting the EDA market growth in the region.

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Electronic Design Automation (EDA) Market Size By Product
Computer Aided Engineering (CAE), IC Physical Design & Verification, Printed Circuit Board (PCB) & Multi-Chip Module (MCM), Semiconductor Intellectual Property (SIP), Services

By Application
Aerospace & Defense, Automotive, Consumer Electronics, Industrial, Medical, Telecommunications
Industry Analysis Report, Regional Outlook
U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, South Korea, Taiwan, Brazil, Mexico, GCC, And South Africa

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