Electronic Design Automation Market Growth Prospects to 2027 By Leading Players : Agnisys, Aldec, Autodesk, Cadence Design Systems, Labcenter Electronics, Keysight Technologies

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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Key Benefits-

• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Electronic Design Automation Market

• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

APAC is expected to be the dominant region in the electronic design automation market. The major reason for this is the huge electronics and semiconductor hub in China coupled with the large population density of the region. Also China accounts for the largest shipments for semiconductors across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of electronic design automation market in the region.

Leading Key Players:

• 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.

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.

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.

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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

Reasons to Buy the Report:

• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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This release was published on openPR.