North America Electronic Design Automation Market to Grow at 10+% CAGR to Reach US$ 9.70 Bn by 2027 Led by Agnisys, Aldec, Autodesk, Cadence Deisgn Systems, Keysight Technologies, Labcenter Electronics

According to the new research report published by The Insight Partners, titled “North America Electronic Design Automation Market - Global Analysis and Forecast to 2027”, The Global North America Electronic Design Automation Market is expected to account for US$ 4.10 Bn in 2018 and is expected to reach US$ 9.70 Bn by 2027 thereby, registering an attractive CAGR growth rate of 10.2% from 2019 to 2027.

The significant growth of the semiconductor industry is boosting the growth of the electronic design automation market. Moreover, the increased focus on miniaturization of electronic devices is anticipated to propel electronic design automation market growth in the forecast period. Further, the increase in significant collaborations among electronic design automation players is driving market growth. The electronic design automation market is heavily captured by several established companies as well as smaller tier2 companies across the globe. These companies are facilitating the semiconductor manufacturers to meet the constantly increasing demand for advanced semiconductor products from their respective clients.

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Key Benefits
 The study provides an in-depth analysis of the global North America Electronic Design Automation Market to elucidate the prominent investment pockets.
 Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
 The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
 The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Attributing to the fact, the semiconductor manufacturers are pressurizing the market players operating in the electronic design automation market to design robust chipsets and other semiconductor products. These electronic design automation market players are increasingly focusing on partnerships and acquisitions. Some of the recent partnerships and acquisitions in the electronic design automation market include; In 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. In 2018, Synopsis and Siemens PLM Software partnered to provide a wide variety of EDA products. The collaboration is aimed at a number of electronic design automation domains ranging from design to verification.

Electronic Design Automation Market - Companies Mentioned
• Agnisys Inc.
• Aldec Inc.
• Autodesk, Inc.
• Cadence Deisgn Systems Inc.
• Keysight Technologies
• Labcenter Electronics Ltd.
• Mentor Graphics Inc.
• Silvaco Inc.
• Synopsys Inc.
• Zuken Inc.

North America Electronic Design Automation Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the North America Electronic Design Automation Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

The SIP type dominated the Electronic Design Automation market in the year 2018 with maximum share. However, the segment is expected to lose its dominance to CAE segment during the forecast period. Semiconductor IP is used for building large and complex ICs that are required in the electronic devices. Remarkable growth has been observed in the automotive industry’s semiconductor demand amid the progression of advancements in automotive electronics. Furthermore, dynamic rise for the demand of semiconductor in IT & Telecomm industry continued, especially for processor IP, which in turn, triggering memory semiconductor IP manufacturers to invest in expanding production capacity actively. Thus, this invest helps in bringing a positive outlook over the forecast period in the semiconductor IP market. Increasing demands for advanced system on chip designs has fueled the growth of the market to a significant extent.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global North America Electronic Design Automation Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The North America Electronic Design Automation Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

NORTH AMERICA ELECTRONIC DESIGN AUTOMATION
MARKET SEGMENTATION

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

By Application
• Aerospace & Defense
• Consumer Electronics
• Telecom
• Automotive
• Industrial
• Others

By Country
• U.S.
• Canada
• Mexico

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This release was published on openPR.