openPR Logo
Press release

ECAD Market expected to grow significantly

ECAD Market size is anticipated to exceed USD 14 billion by 2024 with the industry growth pegged at a CAGR of over 6% from 2017 to 2024. Growing demand for EDA tools to design and manufacture electronic products and systems, such as deep learning, Internet of Things (IoT), virtual reality, augmented reality, and autonomous vehicle systems, will positively impact the ECAD Market growth. Early adoption of the technology and rise in Research and Development (R&D) activities by the companies in the U.S. has proven beneficial to the industrial sector in the country. The proliferation of technologies, such as smart grids, IoT, smart metering, augmented reality, and drone technology in the industrial sector, is encouraging companies to implement these tools.

Request for a sample of this research report @ https://bit.ly/2G6shlC

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 ECAD Market growth.

The Semiconductor Intellectual Property (SIP) market accounted for over 30% of the ECAD 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.

Make an Inquiry for purchasing this report @ https://bit.ly/2LsFJ2l

The development of smart electronic systems that cater to smart homes and connected devices is the key driver of the ECAD 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 ECAD 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 ECAD Market growth in the region.

Key players in the ECAD Market include 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, among others. The ECAD Market is characterized by moderate to high entry barriers, making it difficult for new players to gain a foothold in the industry. The industry comprises many players with a few prominent brands. The demand for consumer electronics and electric vehicles is anticipated to drive the ECAD Market growth.

Table of Content (TOC)
Chapter 4. ECAD Market, By Product
4.1. ECAD Market share by product, 2016 & 2024
4.2. Computer Aided Engineering (CAE)
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. IC physical design & verification
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 – 2024
4.4. Printed Circuit Board (PCB) and Multi-Chip Module (MCM)
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013 – 2024
4.5. Semiconductor Intellectual Property (SIP)
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
4.6. Services
4.6.1. Market estimates and forecast, 2013 - 2024
4.6.2. Market estimates and forecast, by region, 2013 – 2024

Browse Full Toc of This Report @ https://www.gminsights.com/toc/detail/electronic-design-automation-eda-market

Global Market Insights, Inc. has a report titled, “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), Growth Potential, Competitive Market Share & Forecast, 2017 - 2024” available at
https://bit.ly/2sJBck7

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ECAD Market expected to grow significantly here

News-ID: 1072218 • Views:

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases


More Releases for ECAD

Electrical and Electronic Computer-Aided Design Market to Witness Huge Growth by …
Electrical and Electronic Computer-Aided Design Market report consists of most-detailed market segmentation, a thorough analysis of major market players, consumer, and supply chain dynamics trends, and insights into new geographical markets. Research and analysis about the critical developments in the market, major competitors, and detailed competitor analysis covered in this report help businesses imagine the bigger picture of the marketplace and products, ultimately assisting in defining superior business strategies. Request a
ECAD-MCAD Collaboration Market to Witness Strong Growth by 2028 | Autodesk, Inc. …
ECAD-MCAD Collaboration Market research report also covers the current market scenario, market drivers, market barriers, and unmet medical needs to curate the best of the opportunities. It assesses the underlying potential of the market. Furthermore, the ECAD-MCAD Collaboration Market report provides insights into the historical, current, and forecasted trends for every seven significant countries. It helps to recognize the causes of current and forecasted trends by exploring numerous studies and
Global Electrical and Electronics Computer Aided Design Market Trends, Business …
The global electrical and electronics computer aided design (ECAD) market is anticipated to grow at a significant CAGR of 6.1% during the forecast period (2022-2028). ECAD is a simulation program that is used to create and design electrical and electronic circuits. The schematics are used as a guide for the layout and compliance with the legislation. The use of software to minimise human errors, use to accelerate the planning stages
TraceParts.com Celebrates 20 Years of 3D Design Library Excellence
Launched in July 2001, the CAD-Content online resource has been helping millions of CAD Engineers and Designers boost their design productivity. St Romain, France – July 12, 2021 – TraceParts, one of the world’s leading providers of 3D digital content for engineering, celebrates the 20th anniversary of its flagship website delivering billions of free supplier-certified 2D drawings and 3D MCAD, ECAD and BIM models to more than 4.3 million registered Engineers
Trending Report On ECAD-MCAD Collaboration Market By Growth, Demand & Opportunit …
ECAD-MCAD Collaboration Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period. The research report on ECAD-MCAD Collaboration Market provides comprehensive analysis on market status and development trend, including types, applications, rising technology and region. A number of analysis tools such as SWOT analysis and Porter’s five forces analysis have been employed to provide an
ECAD-MCAD Collaboration Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the ECAD-MCAD Collaboration market analysis, which studies the ECAD-MCAD Collaboration's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “ECAD-MCAD Collaboration Market 2020-2025” Research Report categorizes the global ECAD-MCAD Collaboration market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth