According to the research report, the global electronic design automation market was valued at USD 16.06 billion in 2023 and is expected to reach USD 35.88 billion by 2032, to grow at a CAGR of 9.40% during the forecast period.
Market Overview:
The Electronic Design Automation (EDA) market has become a cornerstone of the semiconductor and electronics industries. EDA refers to a suite of software tools used for designing and verifying electronic systems, ranging from integrated circuits (ICs) to complex printed circuit boards (PCBs). These tools are essential for streamlining the design and development process, ensuring high precision and efficiency.
The market includes various solutions like simulation, verification, layout, and design tools, catering to industries such as automotive, telecommunications, consumer electronics, and healthcare. As electronic devices become increasingly sophisticated, the demand for advanced EDA tools continues to rise.
Key Trends in the Market:
- Integration of Artificial Intelligence (AI) in EDA Tools
The incorporation of AI and machine learning in EDA solutions enhances design efficiency, automates repetitive tasks, and predicts potential design flaws, streamlining the development process. - Cloud-Based EDA Solutions
The adoption of cloud-based EDA tools is gaining traction, offering scalability, collaboration features, and cost-efficiency for designers and developers worldwide. - Emphasis on Low-Power Design
As sustainability becomes a priority, EDA tools are increasingly focused on enabling low-power designs, particularly for battery-operated devices and energy-efficient applications. - Collaboration Across the Value Chain
Collaborative approaches among semiconductor manufacturers, EDA tool providers, and design houses are fostering innovation and ensuring alignment with evolving industry needs.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
Major Key Players:
- Agilent Technologies
- Zuken
- Silvaco
- Rambus
- eSilicon
- On Semiconductor
- Microchip Technology
- Infineon Technologies
- EDA Direct
- EMA Design Automation
- Dassault Systèmes
- Cirrus Logic
- Cadabra Design Automation
- Berkeley Design Automation
- Aldec
- Adesto Technologies
- Atrenta
- Blue Pearl Software
- Carbon Design Systems
- eASIC Corporation
- Imagination Technologies
- Jasper Design Automation
Recent Developments:
- In April 2023, Cadence Design Systems launched new designs utilizing their “Cadence Integrity 3D-IC” platform. These designs, built on the TSMC 3D Blox standard, are tailored for efficient 3D design partitioning in complex systems.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Electronic Design Automation Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Electronic Design Automation Market, Product Category Outlook (Revenue – USD Billion, 2019-2032)
- Computer-aided Engineering (CAE)
- Semiconductor Intellectual Property (IP)
- PCB (Printed Circuit Board) and MCM (Multi-chip Module)
- Services
Electronic Design Automation Market, Application Outlook (Revenue – USD Billion, 2019-2032)
- Microprocessors & Microcontrollers
- Memory Management Units
- Others
Electronic Design Automation Market, End-use Outlook (Revenue – USD Billion, 2019-2032)
- Automotive Industry
- Healthcare Industry
- Aerospace & Defense Industry
- Telecom and Data Centre Industry
- Consumer Electronics Industry
- Industrial Sector
- Others
Electronic Design Automation Market, Deployment Mode Outlook (Revenue – USD Billion, 2019-2032)
- On-premises
- Cloud-based
The Electronic Design Automation market is poised for sustained growth, driven by advancements in technology, increased adoption across industries, and the need for efficient and precise design solutions. As electronic devices evolve to meet the demands of modern consumers and industries, EDA tools will continue to play a pivotal role in shaping the future of electronics.
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