Electronic Design Automation Market Swot Analysis to 2027 Led by Synopsys, Autodesk, Silvaco, Aldec, Zuken, Agnisys, Mentor Graphics Corporation, Cadence Design Systems, Keysight Technologies, Labcenter Electronics

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 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.

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The companies operating in the semiconductor landscape are not only anticipating a substantial rise in the revenue but are also respectively increasing their R&D spending. The year on year increase in R&D spending has have imposed a noteworthy thrust to the electronic design automation market during the recent past and is projected to continue to drive the market in the coming years.

Major Electronic Design Automation Market Players are Agnisys Inc., Aldec, Inc., Autodesk, Inc., Cadence Design Systems, Inc., Labcenter, Electronics Ltd., Keysight Technologies, Mentor Graphics Corporation, Silvaco, Inc., Synopsys, Inc., Zuken Inc.

The SIA (Semiconductor Industry Association) in October 2018, while representing the U.S leadership in semiconductor research, design and manufacturing had charted an increase of 12.7% from 2017 and marked the total revenue of US$ 41.8 Bn. Furthermore, the WSTS also forecasted a trajectory of 15.9% in 2018 and 2.6% in 2019. This growth in the semiconductor industry has raised the confidence of the electronic design automation market players in terms of revenue growth.

Strategic Insights:-

Few of the recent strategies by some of the players in electronic design automation market landscape are listed below:

2018: Cadence Design Systems, Inc. announced a strategic partnership with Green Hills Software to accelerate embedded safety and security. Cadence Design Systems, Inc. invested $150 million that is about 16% ownership interest in GreenHill.

2018: Keysight technologies was selected by ON Semiconductor for as an EDA partner for delivering a design solution for power devices that is expected to increase reliability and accelerate time-to-market.

2018: Synopsys, Inc. and Siemens AG announced a collaboration for wide range of EDA projects. Additionally, the Siemens and Synopsys settled all outstanding patent litigation between Synopsys and Mentor Graphics.

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.

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The report segments the global electronic design automation market as follows:

Global Electronic Design Automation Market - By Type

Computer Aided Engineering (CAE)
Semiconductor IP (SIP)
IC Physical Design & Verification
Printed Circuit Board (PCB) & Multi-Chip Module (MCM)

Global Electronic Design Automation Market - By Application

Aerospace & Defense
Consumer Electronics
Telecom
Automotive
Industrial
Others

Global Electronic Design Automation Market - By Geography

- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)

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This release was published on openPR.