About EDA Tools
EDA tools also known as Electronic design automation, are the categories of software tools which helps in designing electronic systems such as printed circuit boards and integrated circuits. These software tools work collectively in a design flow so that the chip designers use these software tools at a once to design and analyze the entire semiconductor chip. EDA tools are very essential for designing purpose now a day because of a modern semiconductor chip that has billions of components in it. Increasing use of electronics in the various industries, needs more complex electronic circuits hence designing was not possible with the help of traditional approaches, thus to solve the complex designing issue of the electronic circuits, EDA tools were designed.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 10.01% |
The market is fragmented with numerous players focusing on technique and quality of the electronic devices due to which the global EDA Tools market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global EDA Tools market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Agnisys Technology Pvt Ltd. (United States), Aldec (United States), Altium Ltd (United States), Ansys Inc. (United States), Arm Holdings (United Kingdom), Cadence Design Systems Inc. (United States), Keysight Technologies Inc. (United States), JEDA Technologies (United States), Mentor Graphic Corporation (United States) and MunEDA (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siemens PLM Software Ltd. (United States) and Synopsys Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global EDA Tools market by Type (Solution and Services), Application (Design, Simulation and Verification) and Region.
On the basis of geography, the market of EDA Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. On-premises will boost the EDA Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Category, the sub-segment i.e. CAE (Computer-Aided Engineering) will boost the EDA Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in EDA Market and Adoption of Machine Learning Disrupting Globally in the EDA market
Market Growth Drivers:
Increasing Demand for Electronic Devices such as Smartphones, Wearables, and Emerging IoT Devices and The Requirement for High Precision Level While Designing ICs from End-Users
Challenges:
Lack of Professional Engineers for Maintenance of EDA Tools
Restraints:
Complex Structure Leads to Hampering the EDA Tools Market
Opportunities:
Growing Demand from Emerging Economics such as India, China and, Others and The Growth of the Electronic Design Automation Industry Across the Americas, APAC, and EMEA
Market Leaders and their expansionary development strategies
In october 2023, Synopsys today announced it has expanded its collaboration with Arm to provide optimized IP and EDA solutions for the newest Arm® technology, including the Arm Neoverse™ V2 platform and Arm Neoverse Compute Subsystem (CSS). Synopsys has joined Arm Total Design where Synopsys will leverage their deep design expertise, the Synopsys.ai™ full-stack AI-driven EDA suite, and Synopsys Interface, Security, and Silicon Lifecycle Management IP to help mutual customers speed development of their Arm-based CSS solutions.
In December 2023, Siemens EDA has launched its collaborative venture initiative, Cre8Ventures, and is now accepting proposals for collaboration from European integrated circuit (IC) startups as part of its activities around the European Chips Act.
Key Target Audience
EDA Tools Manufacturers, EDA Tools Traders, Distributors, and Suppliers, Raw Material Suppliers, Government and Research Organizations, Industrial & Commercial Electronics Equipment Agencies, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.