According to the latest report by IMARC Group, titled “Electronic Design Automation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the electronic design automation (EDA) market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global electronic design automation market to grow at a CAGR of around 10% during 2021-2026. Electronic design automation is a collection of various software tools that digitally design circuit boards. It employs integrated layouts of analog and digital designs, to produce integrated circuits (ICs) and other electronic components. This reduces the production costs and time required for designing ICs and eliminating manufacturing errors. As a result, electronic design automation is widely used across industries, including aerospace, defense, healthcare, telecom, and automotive.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The expanding electronics industry, along with the increasing penetration of industrial automation trends, is primarily driving the market for electronic design automation. Furthermore, the rapid integration of connected devices with the Internet-of-Things (IoT), augmented reality (AR), and artificial intelligence (AI), is also bolstering the market growth. These technologies have substantially expanded the adoption of compact circuits, semiconductors, and sensors that require low operational power. The growing trend of device miniaturization is further bolstering the demand for electronic design automation. Several electronic manufacturers are adopting EDA solutions to design advanced products, such as smart wearable devices, automotive gadgets, and healthcare equipment, with compact designs with higher efficiency. Various advancements in System-on-Chip (SoC) technology are further expected to drive the electronic design automation market.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Altium
• ANSYS Inc.
• Autodesk Inc.
• Boldport Limited
• Cadence Design Systems Inc.
• Mentor (a Siemens Business)
• Silvaco Inc.
• Synopsis Inc.
• Vennsa Technologies
• Xilinx Inc.

The report has segmented the market on the basis of solution type, deployment type, end-use industry and region.

Breakup by Solution Type:

• Semiconductor IP
• CAE (Computer Aided Engineering)
• IC Physical Design and Verification
• PCB & MCM (Printed Circuit Mode and Multi-Chip Module)
• Services

Breakup by Deployment Type:

• On-premises
• Cloud-based

Breakup by End-Use Industry:

• Military/Defense
• Aerospace
• Telecom
• Automotive
• Healthcare
• Others

Breakup by Region:

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

Key highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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