Electronic Design Automation (EDA) Analysis By 2024 - Airbus, Apple, BMW Group, GE, General Motors, Haier, HP, Hitachi, Honeywell, LG Electronics, Lockheed Martin, Samsung Electronics, Sharp Electronics Corporation USA, Schneider Electric, Tesla,T hales,

The North America Electronic Design Automation (EDA) market will witness a high growth over the forecast timeframe owing to large-scale technological advancements. The region is a leading adopter and developer of new technologies such as 5G technology for smartphone users. In addition, presence of a developed broadband & wireless infrastructure and government support for the development of IoT-based technologies are driving smart consumer electronics industry thereby providing an impetus to the EDA market growth. Fast broadband services and the development of these infrastructures in remote and underserved locations are aiding the development of the IoT and smart electronics market in the region. Moreover, the Federal Communications Commission (FCC) is further aiding in promoting 5G technologies. In April 2017, FCC raised USD 19.80 billion to set up and promote these services across the country.

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The trend of miniaturization of semiconductors has allowed manufacturers to utilize electronic components in applications such as surgical devices and smart fitness products. Development of such devices is generating a high demand for the Electronic Design Automation (EDA) market. The rising awareness and acceptance of smart fitness devices are encouraging electronic design companies to invest in the innovative design tools for developing enhanced products. Manufacturers are investing massively to develop several new miniaturized products to enhance the customer experience. Researchers are focusing on developing cost-effective and reliable products with the use of electronic design tools.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Airbus
2. Apple
3. BMW Group
4. GE
5. General Motors
6. Haier
7. HP
8. Hitachi
9. Honeywell
10. LG Electronics
11. Lockheed Martin
12. Samsung Electronics
13. Sharp Electronics Corporation USA
14. Schneider Electric
15. Tesla
16. Thales
17. Toyota Motor Corporation
18. Volkswagen AG

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An increase in the production of smart devices is a major factor that will have a positive impact on the growth of the Electronic Design Automation (EDA) market over the forecast timespan. In the recent years, the industry has witnessed a rise in the demand for consumer electronics. The growing popularity of smartphones and tablets in the recent years has seen an increase in camera modules, proximity sensors, accelerometers, and touchscreens. Sensors are rapidly expanding beyond image and motion sensing to features that can measure human health, food calorie composition, altitude, and humidity indicators owing to the increase in the variety of consumer IoT applications such as wearables. These factors are driving the electronic design automation market over the coming years.

The Electronic Design Automation (EDA) market consists of serval application sectors and consists of vendors, who are providing software tools, dedicated design services, and IP. The industry is presently dominated by many small and large vendors. Several major SIP companies are looking at the prospects to acquire other IP companies to expand their market share. The growth potential of the EDA market is anticipated to attract numerous new vendors trying to gain entry into the market. These new players are focusing on the distinct segments of IC design IP, which will help them gain a considerable market share.

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Companies in the Electronic Design Automation (EDA) market include Solido Design Automation, Mentor Graphics, Silvaco International, National Instruments, Sigasi, Pulsonix, Keysight Technologies, JEDA Technologies, Invionics, Intercept Technology, Inc., CadSoft Computer, Cadence Design Systems, Zuken, Inc. Xilinx, Inc., and Synopsys, Inc., among others. Companies in the EDA market are looking to spread their business and presence to developing countries and are implementing strategies such as Mergers and Acquisitions (M&A). Several vendors are acquiring smaller software or technology-based companies to enhance their core business. Vendors are facing intense rivalry and to face that, they are required to invest immensely in R&D activities to withstand the electronic design automation market market growth.

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