Global Electronic Design Automation (EDA) Market to 2027

Global Electronic Design Automation (EDA) Market Size, Trends & Growth Opportunity, By Product (Computer Aided Engineering, IC Physical Design & Verification, Multi-Chip Module, and Others), By Application (Automotive, Aerospace & Defense, Healthcare, Industrial, and Others), By Region and Forecast till 2027

Global Electronic Design Automation (EDA) Market

The Electronic Design Automation is defined as the set of software algorithms that are required for designing of complex next generation electronics systems or products which includes printed circuit boards and integrated circuits along with others present in the market. Electronic Design Automation enables engineers to design, analyze, and stimulate the semiconductor chips encompassing algorithms and methodologies for designing of VLSI Circuits.

Market Drivers

The increase in growth of Internet of Things (IoT) coupled with connected devices is expected to boost the global electronic design automation (EDA) market growth during this forecast period. Furthermore, the rise in adoption of sensors, the revenue for the IoT industry from sensing devices will positively influence the market growth. Also, the increase in advancements in the consumer electronics industry and the growing popularity of EDA for designing the modern processors are also expected to propel the global electronic design automation (EDA) market growth during this forecast timeline. Moreover, the electronic design automation solutions are getting smarter with the integration of cutting edge technology and reducing the workload of design engineers. In addition the increase in adoption and demand from automotive sector across the globe will support the market growth.

Market Restraints

Unorganized sector and intellectual property issues and uncertain economic conditions in several countries across the globe are the major challenging factors which expected to hamper the global electronic design automation (EDA) market growth over the forecast period. Also, the increase in concerns related to the Moore’s Law may affect the market growth.

Market Segmentation

The Global Electronic Design Automation (EDA) Market is segmented into product such as Computer Aided Engineering, IC Physical Design & Verification, Multi-Chip Module, and Others. Further, market is segmented into Automotive, Aerospace & Defense, Healthcare, Industrial, and Others.

Also, the Global Electronic Design Automation (EDA) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Synopsis, Inc., Altium LLC, Vennsa Technologies, Mentor, Cadence Design Systems, Inc., ANSYS, Inc., Silvaco, Inc., etc.

Market Taxonomy

By Product

• Computer Aided Engineering
• IC Physical Design & Verification
• Multi-Chip Module
• Others

By Application

• Automotive
• Aerospace & Defense
• Healthcare
• Industrial
• Others

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Questions Addressed by the Report

• What are the Key Opportunities in Global Electronic Design Automation (EDA) Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?