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New Market Insight: Electronic Design Automation

05-23-2022 09:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

Electronic design automation (EDA) is the software that automatically designs, analyses, and simulates electronic circuits from a computer-aided design model. This article helps to dive deeper into what the EDA money market will be like soon.

As the design community continues to grow more and more fragmented, it is becoming increasingly difficult for businesses to find a single provider that meets all their needs. Fortunately, there are many providers of electronic design automation (EDA) tools that can meet specific needs.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=55791440

The electronic design automation market revenue was accounted for USD 11.5 billion in 2020 and is projected to reach USD 18.1 billion by 2026, at a CAGR of 7.7% during the forecast period.

EDA providers offer different feature sets and pricing models catering to various types of businesses. If you are looking for specific information on EDA providers or would like to see market data for other industries, please visit our website or consult with one of our experts.

Different Types of EDA Tools

EDA tools can be classified into three types - physical, symbolic, and natural. Physical-based EDA tools are used to design electronic circuits using grids and wires. They are time-consuming and require well-defined schematics. Symbolic-based EDA tools use equations to describe the structure of a circuit, improving speed but causing errors if the schematic is not correct. Natural-based EDA tools are used to automatically find problems in a circuit layout. However, they are less accurate than symbolic or physical tools, and can only be used for certain types of circuits.

What Are the Main Players in the EDA Market?

• Cadence Design Systems, Inc. (US)
• Synopsys, Inc. (US)
• Siemens (Germany)
• ANSYS, Inc. (US)
• Keysight Technologies, Inc. (US)
• Xilinx, Inc. (US)
• eInfochips (US)
• Altium Limited (Australia)
• Zuken Inc. (Japan)
• Silvaco, Inc. (US)

It's important to note that not all these firms are active in every region or market segment. For example, Mentor Graphics is largely focused on the North American market, while Cadence Design Systems is more focused on European designs.

Each company has its own strengths and weaknesses. Let's look at some of the key factors that contribute to each company's success:

-Mentor Graphics is well-known for its graphics software products. This company has a wide range of software offerings, from low-level prototyping tools to full system design suites.

-Cadence Design Systems is a leading EDA provider in the Americas. This company boasts a large customer base and powerful toolsets for digital system design and physical design.

-InvenSense is known for its sensing and microcontroller technologies. This company offers advanced EDA solutions for product manufacturing and mobile devices.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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