Press release
Electronic Design Automation Market Explosive Factors of Revenue by Key Vendors Size, Demand, Development Strategy, Future Trends
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 reports cover key developments in the Electronic Design Automation Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Electronic Design Automation Market are anticipated to lucrative growth opportunities in the future with the rising demand for Electronic Design Automation Market in the global market.
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.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 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 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.
The report segments the global electronic design automation market as follows:
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 GEOGRAPHY
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
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