Growing complexities in the electronics industry drives the demand for EDA in the industrial electronic sector. Market research analysts predict the global EDA market in industrial electronics to grow at a CAGR of over 6% during the forecast period.
Safety and performance issues in the electronics industry have increased to such a degree that virtual verification of designs has become an inevitable part of chip manufacturing. The verification process involves testing of electrical and electronic components in various temperature and pressure conditions. Therefore, with the help of EDA software several vendors are able to identify design errors, and the simulation process helps them in understanding their ability to withstand harsh environments and so on.
Research scope and segmentation of the market
To calculate the market size, analysts have considered the following instruments/equipment within the industrial electronics sector
- Semiconductor equipment
- Process control equipment
- Environment control instrument
- Test and measurement system
- Automation system
- Robotic instrumentation
Revenues calculated from software licenses are classified into three categories:
Term license: A term license grants the end-user access to all products based on an agreement which is generally for two to three years with no return policy.
Subscription license: A subscription license allows end-users to access all specified products as well as unspecified products that become commercially available during the agreement term. It also includes products that are value added in the license package.
Perpetual license: A perpetual license is a one-time investment after which the software can be used indefinitely. It has no return policy and no provision for availability of value addition to the existing product. Maintenance service is purchased separately.
Vendor landscape of the global EDA market in industrial electronics
The vendors in the global EDA market in industrial electronics are facing an acute price competition and a growing threat from new entrants. The market in the industrial electronics sector is not a capital intensive one, rather it is a labor intensive market. The market demands the presence of EDA expert professionals in large volumes. It is dominated by major players such as Cadence Design, Synopsis, and Mentor graphics. With their extensive capital and marketing resources, these three companies have intensified the competition in this market.
The other prominent vendors of this market include
- Keysight Technologies
Geographical segmentation of the global EDA in industrial automation market
The APAC accounted for the second largest share in the market with 34.80% in 2014. With several initiatives undertaken by governments of several countries in the APAC to boost the electronics industry, the region is expected to witness the highest CAGR during the forecast period.
Key questions answered in the report
- What are the key factors driving the global EDA market in industrial electronics?
- What are the key market trends impacting the growth of the global EDA market in industrial electronics?
- What are the various opportunities and threats faced by the vendors in the global EDA market in industrial electronics?
- Trending factors influencing the market shares for the global EDA market in industrial electronics?
- Market shares for APAC, Americas, and EMEA?
- Key outcome of the five forces analysis on the global EDA market in industrial electronics?
- Growth forecast of the global EDA market in industrial electronics?
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- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
PART 06: Market landscape
- Global EDA market overview
- Global EDA market in industrial electronics sector
- Five forces analysis
- EDA market in industrial electronics sector in Americas
- EDA market in industrial electronics sector in EMEA
- EDA market in industrial electronics sector in APAC
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
- Competitive landscape
- Other prominent vendors
- Cadence Design Systems
- Mentor Graphics
- List of abbreviations
Exhibit 01: Product offerings
Exhibit 02: PLM overview
Exhibit 03: Global EDA market in industrial electronics sector 2014-2019 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global EDA market in industrial electronics sector 2014
Exhibit 06: EDA market in industrial electronics sector in Americas 2014-2019 ($ millions)
Exhibit 07: EDA market in industrial electronics sector in EMEA 2014-2019 ($ millions)
Exhibit 08: EDA market in industrial electronics sector in APAC 2014-2019 ($ millions)
Exhibit 09: Impact of drivers
Exhibit 10: Impact of drivers and challenges
Exhibit 11: Product segmentation by revenue 2014
Exhibit 12: Business segmentation by revenue 2014
Exhibit 13: Business segmentation by revenue 2013 and 2014
Exhibit 14: Geographical segmentation by revenue 2014
Exhibit 15: Business/product segmentation
Exhibit 16: Mentor Graphics: Business segmentation by revenue 2014 and 2015
Exhibit 17: Geographical segmentation by revenue 2015
Exhibit 18: Business segmentation by revenue 2014
Exhibit 19: Business segmentation by revenue 2013 and 2014
Exhibit 20: Geographical segmentation by revenue 2014
The author of the report recognizes the following companies as the key players in the Global EDA in the Industrial Electronic Sector: Cadence Design, Synopsis, and Mentor graphics
Other Prominent Vendors in the market are: Aldec, Agnisys, Ansys, Keysight Technologies, MunEDA and Zuken
Commenting on the report, an analyst from the research team said: “EDA vendors have started to provide software on a rental basis. This encourages the adoption of EDA software among SMEs because of a reduced TCO. In addition, vendors have started to provide cost containment commercial software packages that help reduce software license costs and enhance the efficiency of product development cycles.”
According to the report, ESL tools are used by semiconductor manufacturers to design, test, and verify the final product. This enables them to develop a new product at a lesser cost and time with high precision and accuracy. Also, the emergence of FinFET has helped manufacturers in the modeling and fabrication of devices.
Further, the report states that the semiconductor industry is a highly dynamic industry. The global EDA market is facing a challenge in terms of continuous developments in technology in the semiconductor industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.