Electronic Design Automation (EDA) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Electronic Design Automation (EDA) Market Size
The global Electronic Design Automation (EDA) market was valued at US$ 541 million in 2023 and is anticipated to reach US$ 811.1 million by 2030, witnessing a CAGR of 6.4% during the forecast period 2024-2030.

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Electronic Design Automation (EDA) Market
In the electronic industry, several designers and manufacturers are using EDA tools to design and examine semiconductor devices. The adoption of EDA tools is leading to a reduction in cost, errors, and design time owing to which the industry is witnessing a growing demand for these tools from automotive, consumer electronics and aerospace, and defense sectors. Growing adoption of SoC and a high demand for smart wearable devices, such as smart thermostats, smartwatches, fitness bands, and pet wearable devices, are the key factors driving the EDA market growth.
North American market for Electronic Design Automation (EDA) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Electronic Design Automation (EDA) is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Electronic Design Automation (EDA) in Aerospace & Defense is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Electronic Design Automation (EDA) include Cadence Design Systems, Mentor Graphics (Siemen) and Synopsys, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electronic Design Automation (EDA), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Design Automation (EDA).
Report Scope
The Electronic Design Automation (EDA) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electronic Design Automation (EDA) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Design Automation (EDA) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Segment by Type
• Computer Aided Engineering (CAE)
• IC Physical Design & Verification
• Printed Circuit Board (PCB) and Multi-Chip Module (MCM)
• Semiconductor Intellectual Property (SIP)
• Services

Segment by Application
• Aerospace & Defense
• Automotive
• Consumer Electronics
• Industrial
• Medical
• Telecommunications
• Others

By Company
Cadence Design Systems, Mentor Graphics (Siemen), Synopsys

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