Electronic Design Automation (EDA) Market Trends, Top Players Updates, Future Plans 2030

Written by mmrujwal  ยป  Updated on: July 30th, 2024

Electronic Design Automation (EDA) Market Growth or Demand Increase or Decrease for what contains ?

Advancement in Semiconductor Technology: The push for smaller, more powerful, and efficient semiconductor devices requires sophisticated EDA tools to manage the complexity of modern integrated circuits.

Growth in IoT and Consumer Electronics: The proliferation of Internet of Things (IoT) devices and consumer electronics is fueling demand for innovative EDA solutions to support new designs and functionalities.

Rise in Automotive Electronics: The automotive industryโ€™s shift towards advanced driver-assistance systems (ADAS) and electric vehicles (EVs) is driving the need for enhanced EDA tools to address the intricate designs and safety standards.

Increased Use in AI and Machine Learning: The integration of AI and machine learning into electronic systems necessitates advanced EDA tools capable of handling complex algorithms and large-scale data processing.

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Electronic Design Automation (EDA) CAGR Estimation:

The Electronic Design Automation (EDA) Market size was valued at USD 15.67 Bn in 2023 and market revenue is growing at a CAGR of 9.6 %from 2024 to 2030, reaching nearly USD 29.77 Bn by 2030.

Electronic Design Automation (EDA) Market Segmentation:

by Product Category

Computer Aided Engineering (CAE)

Semiconductor IP (SIP)

IC Physical Design & Verification

Printed Circuit Board (PCB) & Multi-Chip Module (MCM)

by Deployment Mode

On-premises

Cloud-Based

In the Electronic Design Automation (EDA) Market in 2023, the on-premises segment was the dominant sector based on Deployment Mode. The Electronic Design Automation (EDA) market is dominated by the on-premises sector because of its higher performance, control, and data security. For sensitive intellectual property, many semiconductor companies place a high priority on keeping control over their design environments. Its dominance is also a result of legacy investments in on-premises infrastructure, since moving to cloud-based solutions is labor-intensive.

by Application

Microprocessors & Microcontrollers

Memory Management Units

Others

In 2023, the Electronic Design Automation (EDA) Market was dominated by the Memory Management Units segment based on Application. In the Electronic Design Automation (EDA) market, the Memory Management Units (MMU) segment has become a dominant force. MMUs are essential to the design of intricate semiconductor chips because they guarantee effective memory access and management. To optimize memory consumption and improve overall chip performance, semiconductor makers need to implement strong MMU solutions in response to the growing demand for high-speed computing and data-intensive applications. The need for semiconductor chips with higher memory capacity and better memory management features has increased due to the growth of Internet of Things devices, artificial intelligence applications, and other data-driven technologies. Significant investment and innovation in the MMU industry have been spurred by this trend, as businesses look for

by End-User

Industry Aerospace & Defense

Consumer Electronics

Telecom

Automotive

Industrial

Others

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Electronic Design Automation (EDA) Market Overview:

The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensiveElectronic Design Automation (EDA)market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.

Electronic Design Automation (EDA) Growth or Demand in which regions??

The Electronic Design Automation (EDA) market is experiencing robust growth globally, with significant demand particularly in North America, Europe, and Asia-Pacific. North America leads due to its strong technology infrastructure and major semiconductor companies. Europe follows with increased investments in automotive electronics and industrial automation. Asia-Pacific, driven by rapid technological advancements in countries like China, Japan, and South Korea, is witnessing a surge in demand owing to its burgeoning electronics and semiconductor industries. These regions collectively drive the EDA market's expansion by fostering innovation and meeting the growing complexities of electronic system designs.

Electronic Design Automation (EDA) Market Scope Methodology:

The competitive landscape of theElectronic Design Automation (EDA)market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in theElectronic Design Automation (EDA)market. The report employed a bottom-up approach to ascertainElectronic Design Automation (EDA)market estimations and growth rates.

To gain insights intoElectronic Design Automation (EDA)market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about theElectronic Design Automation (EDA)market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.

Both primary and secondary data gathering techniques were employed for theElectronic Design Automation (EDA)Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within theElectronic Design Automation (EDA)Market.

Electronic Design Automation (EDA) Market Key Players:

North America

1. Cadence Design Systems, Inc. - San Jose, California, USA

2. Synopsys, Inc. - Mountain View, California, USA

3. Mentor, a Siemens Business - Wilsonville, Oregon, USA

4. ANSYS, Inc. - Canonsburg, Pennsylvania, USA

5. Altium Limited - La Jolla, California, USA

6. Xilinx Inc.. - San Jose, California, USA

7. Keysight Technologies - Santa Rosa, California, USA

8. Silvaco, Inc. - Santa Clara, California, USA

9. Agnisys, Inc. - Acton, Massachusetts, USA

10. Mentor Graphics (A Siemens Business) - Wilsonville, Oregon, USA

11. National Instruments Corporation - Austin, Texas, USA

12. Keysight Technologies - Santa Clara, California, USA

13. Magma Design Automation (Acquired by Synopsys) - San Jose, California, USA

14. On Semiconductor - Phoenix, Arizona, USA

15. Rambus Inc. - Sunnyvale, California, USA

16. AWR Corporation (A National Instruments Company) - El Segundo, California, USA

Asia Pacific

1. Synopsis, Inc. (India) - Bangalore, Karnataka, India

2. Zuken Inc. - Yokohama, Kanagawa, Japan

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Key questions answered in theElectronic Design Automation (EDA)Market are:

What isElectronic Design Automation (EDA)?

What is the growth rate of theElectronic Design Automation (EDA)Market?

Which are the factors expected to drive theElectronic Design Automation (EDA)market growth?

What are the different segments of theElectronic Design Automation (EDA)Market?

What are the factors restraining the growth of theElectronic Design Automation (EDA)Market?

What is the demand pattern of theElectronic Design Automation (EDA)Market?

What major challenges could theElectronic Design Automation (EDA)Market face in the future?

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Past Market Size and Competitive Landscape

Past Pricing and price curve by region

Market Size, Share, Size Forecast by different segment |

Market Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation A detailed analysis by segment with their sub-segments and Region

Competitive Landscape Profiles of selected key players by region from a strategic perspective

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