Electronic Design Automation (EDA) Software Market Size, Outlook, Analysis Report, Regional Outlook With Forecast 2026
The Electronic Design Automation (EDA) software is a tool used to design complex electronic systems such as Integrated Circuits (ICs) and microprocessors. It can also be termed as Electronic Computer-Aided Design (ECAD). EDA tools are highly beneficial, as compared to the earlier methods, wherein designers had to manually draw the circuit on paper or a geometric software. Key companies such as Tektronix, Hewlett-Packard, and Intel have started implementing EDA tools into designing electronics since the introduction of EDA. The EDA software flow structure can be divided into digital design and analog design. In the digital design, a circuit is explained using a hardware description language, whereas, in analog design, the circuit is explained with physical design. Both of these designs further combine in a manufacturing facility to make an electronic chip. EDA tools are also advantageous as they greatly reduce the time taken in designing complex ICs, correcting errors caused during manufacturing, reducing costs, and simplifying ICs. Thus, owing to the increasing usage of the EDA software in the semiconductors and electronics industry, the market is expected to significantly grow over the years.
The Major Players Covered in this Report:
Cadence Design Systems, Inc.,
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By Enterprise Size
Aerospace & Defense
Manufacturing of Precision Products Requires EDA Software Adoption
The optimization of electronic chip designing by EDA software tools has been in use since the 1980s with the introduction of VLSI and VHDL. In the next few years, hardware description language Verilog was developed. Later on, simulators were developed to support these languages. With the rapid growth of digitalization and the emergence of new market players, EDA software has witnessed an uprise in the past few years. Companies such as IBM, Synopsis, TSMC, Fujitsu, and Cadence, among others, are dominating the EDA software market. EDA software has a lot of opportunities to offer in the manufacturing of integrated chips; however, they are costly, and not all companies can afford them. The EDA domain is also difficult to learn, and there is a lack of experts. However, more and more emerging companies are now striving to make the best use of the available resources, in order to understand EDA software and implement it across all industries in the upcoming years. Players such as Siemens, and NVIDIA Corporation, among others, are highly implementing updated EDA software in the design and manufacture of semiconductors, placing the market in its growth phase.
Regional Analysis For Electronic Design Automation (EDA) Software Market:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
In this study, the years considered to estimate the market size of the Electronic Design Automation (EDA) Software are as follows:
History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026
The study objectives of this report are:
To study and forecast the market size of the Electronic Design Automation (EDA) Software in the global market.
To analyze the global key players, SWOT analysis, value, and global market share for top players.
To define, describe and forecast the market by type, end-use, and region.
To analyze and compare the market status and forecast among global major regions.
Analyze the potential of the global market and the advantages, opportunities and challenges, constraints, and risks of key regions.
Identify the key trends and factors that are driving or holding back market growth.
To analyze the opportunities in the market for stakeholders by identifying the high-growth segments.
Strategic analysis of each submarket in light of individual growth trends and market contributions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Complete analysis of the strategic strategy and growth of key players
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