Global Electronic Design Automation Tools Overview
Electronic design automation tools are the tools that are used to design and verify Computer-Aided Design (CAD) tools such as printed circuit boards (PCBs), integrated circuits (ICs), and electronic systems.
Growth of the Internet of Things (IoT) coupled with connected devices is the major driver for the target market growth. For instance, according to a data published by Federation Of American Scientists in 2019, there were around 700 million consumer IoT devices in use in 2017. In addition, the transition towards smaller and efficient semiconductors is anticipated to boost the target market growth over the forecast period. Furthermore, high demand for compact electronic components required for smart wearable devices is pushing IC manufacturers to reduce the size of the ICs. This factor is prompting IC manufacturers to adopt EDA software to design compact products and eliminate the errors associated with IC designing process. This factor is augmenting the target market growth. Moreover, increase in the generation and utilization of personal computers, smartphones, networking devices, and gaming consoles has led to the adoption of the high-speed (SoC) system on Chip architecture, which is anticipated to propel the target market growth over the forecast period. However, rising preference for open source EDA tools among small-sized enterprises, is expected to harm the target market growth over the forecast period.
Electronic design automation tools is segmented based on type, application, and region.
Based on type, the target market is segmented into computer-aided engineering (CAE), IC physical design & verification, printed circuit board & multi-chip module (PCB & MCM), and semiconductor intellectual property (SIP). On the basis of application, the global market is segmented into communication, consumer electronics, computer, automotive, industrial, and other applications.
Based on region the target market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa. Asia Pacific is expected to be the leading target market over the forecast period owing to the fueling of semiconductors market due to the strong domestic demand. The semiconductor industry of China has been displaying an upward trend since years.
Global Electronic Design Automation Tools Competitive Landscape & Key Players
Key players operating in the electronic design automation tools market includes Altium Limited, Ansys Inc., Cadence Design Systems Inc., Keysight Technologies Inc., Agnisys Inc., Aldec Inc., Lauterbach GmbH, Mentor Graphic Corporation (Siemens PLM Software), Synopsys Inc., and Xilinx Inc. In 2019, Mentor Graphic Corporation introduced the new Tessent software safety ecosystem, it helps IC design teams meet the increasingly stringent functional safety requirements of the global automotive industry.
Global Electronic Design Automation Tools Company Profile
Company Profile:
- Altium Limited*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
o Ansys Inc.
o Cadence Design Systems Inc.
o Keysight Technologies Inc.
o Agnisys Inc.
o Aldec Inc.
o Lauterbach GmbH
o Mentor Graphic Corporation (Siemens PLM Software)
o Synopsys Inc.
o Xilinx Inc.
“*” marked represents similar segmentation in other categories in the respective section
FAQs
The Electronic Design Automation Tools (EDA) Market is segmented into Type, Application, and Region.
The Electronic Design Automation Tools (EDA) Market is driven by factors such as the increasing complexity of semiconductor designs, the growing demand for advanced electronic devices, the adoption of artificial intelligence (AI) in chip design, and the need for efficient and cost-effective design processes in the electronics industry.
The high costs associated with EDA tools, the complexity of integrating different design tools, and the need for skilled professionals in the semiconductor design field, acting as restraints for the Electronic Design Automation Tools (EDA) Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America, particularly the United States, is expected to dominate the Electronic Design Automation Tools (EDA) Market, driven by the presence of major semiconductor companies, a strong emphasis on research and development, and a robust electronics industry ecosystem in the region.
Key players operating in the electronic design automation tools market includes Altium Limited, Ansys Inc., Cadence Design Systems Inc., Keysight Technologies Inc., Agnisys Inc., Aldec Inc., Lauterbach GmbH, Mentor Graphic Corporation (Siemens PLM Software), Synopsys Inc., and Xilinx Inc.