Publication Month: Mar 2019 | Report Code: TIPTE100001022 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Published
APAC is expected to be the dominant region in the electronic design automation market. The major reason for this is the huge electronics and semiconductor hub in China coupled with the large population density of the region. Also China accounts for the largest shipments for semiconductors across the world, the new market initiatives and strategic partnerships are expected to continue during the forecast period, contributing to high growth of the electronic design automation market in the region.
The SIA (Semiconductor Industry Association) in October 2018, while representing the U.S leadership in semiconductor research, design and manufacturing had charted an increase of 12.7% from 2017 and marked the total revenue of US$ 41.8 Bn. Furthermore, the WSTS also forecasted a trajectory of 15.9% in 2018 and 2.6% in 2019. This growth in the semiconductor industry has raised the confidence of the electronic design automation market players in terms of revenue growth. The companies operating in the semiconductor landscape are not only anticipating a substantial rise in the revenue but are also respectively increasing their R&D spending. The year on year increase in R&D spending has have imposed a noteworthy thrust to the electronic design automation market during the recent past and is projected to continue to drive the market in the coming years.
As the semiconductor industry continues to be in strong up-cycle, the leaders in the electronic design automation market are expected to adopt a future-oriented approach by considering unconventional end-market such as artificial intelligence, autonomous vehicle and IoT. Additionally, the memory companies are also likely to witness a raise sales owing to bolstering demand for data centers smartphones and autonomous vehicle technologies. Convergence of myriad semiconductor end-user markets has resulted in significant industry expansion, which in response has driven the electronic design automation market for technology, software and automation.
Smart homes, TVs, smartphones, Internet of Things, connected cars, artificial intelligence are that every aspect of human life that the consumer electronics industry has pervaded. The demand for consumer electronics across the globe has been largely driven by the desire of the consumers for bigger, newer and enhanced capabilities, which in turn has encouraged the sector to constantly explore innovations and technologies that not only encapsulate imagination of the people but are also affordable and relevant in terms of catering to their daily needs. In such cases the EDA software providers the electronic component manufacturers and technologists to design suitable prototype of the devices. Therefore, evolving consumer expectation and burgeoning demand of consumer electronics is expected to drive the EDA market in coming years.
|Market Size Value in||US$ 10.31 Billion in 2018|
|Market Size Value by||US$ 28.27 Billion by 2027|
|Growth rate||CAGR of 12.0% from 2019-2027|
|No. of Pages||150|
|No. of Tables||42|
|No. of Charts & Figures||57|
|Historical data available||Yes|
|Segments covered||Type and Application|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Few of the recent strategies by some of the players in electronic design automation market landscape are listed below:
2018:Cadence Design Systems, Inc. announced a strategic partnership with Green Hills Software to accelerate embedded safety and security. Cadence Design Systems, Inc. invested $150 million that is about 16% ownership interest in GreenHill.
2018:Keysight technologies was selected by ON Semiconductor for as an EDA partner for delivering a design solution for power devices that is expected to increase reliability and accelerate time-to-market.
2018:Synopsys, Inc. and Siemens AG announced a collaboration for wide range of EDA projects. Additionally, the Siemens and Synopsys settled all outstanding patent litigation between Synopsys and Mentor Graphics.
The List of Companies