(MENAFN- The Express Wire) Electronic Design Automation Tools (EDA) Market 2019: Comprehensive Analysis on Business Summary, Product Opportunity and Current Industry Development 2024
Posted on Nov 11 2019 7:14 AM
"Electronic Design Automation Tools (EDA) Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world.
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' Electronic Design Automation Tools (EDA) Market'research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Electronic Design Automation Tools (EDA) market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.
Following Companies Are Covered by Electronic Design Automation Tools (EDA) Market
- Altium Limited
- ANSYS Inc.
- Cadence Design Systems Inc.
- Keysight Technologies Inc
- Agnisys Inc.
- Aldec Inc.
- Lauterbach GmbH
- Mentor Graphic Corporation (Siemens PLM Software)
- Synopsys Inc.
- Xilinx Inc.
- Zuken Ltd.
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Market Overview:
- The global electronic design automation tools market was valued at USD 9.76 billion in 2018 and is projected to reach USD 17.35 billion by 2024, registering a CAGR of 10.1% during the forecast period of 2019-2024. Electronic design automation (EDA) tools have provided the silicon industry with the ability to innovate over the past few years. EDA is responsible for developing the design tools that enable the IC design process to be achieved at a design cost that allows the ecosystem to operate at a profit.
- EDA is an integral component of semiconductor design. Therefore, the growth of the semiconductor industry positively impacts the EDA market studied. The booming automotive, IoT, and AI sectors drive the growth of the semiconductor market, which requires electronic devices with complex designs.
- Since the inception of semiconductors, Moore's Lawâ€the prediction that the number of transistors in an integrated circuit will increase two-fold every 18-24 monthsâ€has held true. However, in the recent years, scientists have increasingly come to believe that fundamental physical limits may soon make it hard to place additional elements on the same small area in an economical way, which could ultimately prove that Moore's Law is faulty.
- The increasing demand for advanced electronic devices with complex designs and the need to reduce the size while improving the performance of ICs compel IC manufacturers to increase their R & D investments and adopt EDA tools. Therefore, the demand for EDA tools, compared to the other sectors, is expected to be high.
Scope of the Report:
- Electronic design automation (EDA) is a term for a category of software products and processes that help to design electronic systems with the aid of computers. These tools are often used to design circuit boards, processors, and other types of complex electronics.
Why there is Need of Electronic Design Automation Tools (EDA) Market Research?
- To determine trades anticipation, consumption trend, and need of market.
- To keep up competitiveness over applicants performing in the Electronic Design Automation Tools (EDA) market.
- To get detailed knowledge of the market which helps in terms of decision- making.
- To advance insight into industrial, social, methodological, and legal aspects of the market.
- To perceive the detailed market size derived by analyzing upward and downward moment of Electronic Design Automation Tools (EDA) market trends.
- To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.
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Key Market Trends:
Automotive Expected to be a Significant Application
Semiconductor foundries are accelerating their efforts in automotive chip production in preparing for a surge in semiconductors used in advanced driver-assistance systems (ADAS) and autonomous driving
All of the major EDA vendors are scrambling to expand their process portfolios for automotive customers. The companies are seeing a growing demand from automotive IC customers amid the push toward traditional cars with more connectivity features - ADAS, and electric/hybrid vehicles. The automotive sector is also attractive because many devices don't require leading-edge processes, and hence, a large number of vendors can participate with less effort.
Virtual verification of designs has become an inevitable part of chip manufacturing because of the increased requirement for safety and performance. The verification process involves testing the electrical and electronic components under various temperature and pressure conditions. The test ensures that the failure of a device does not lead to any mishap. The increasing complexity in the automotive industry is positively impacting the demand for EDA tools across the industry.
EDA vendors have started to offer their tools and software online. Increased Internet penetration worldwide has made it easy for potential customers to access these tools online, and use them to design and fabricate chips. Consequently, the capital expenditure for companies has reduced because of reduced TCO and infrastructure costs to accommodate these tools. This also helps improve SCM as the total number of resellers and distributors reduces considerably.
Asia Pacific Region Expected to Witness Significant Growth
The semiconductor industry of China has been showing an upward trend for the past ten years. The objective has been to become competitive with the Taiwanese semiconductor industry. The strength of the sector comes from fabless companies. The fabless segment of China's semiconductor industry accounted for revenues that exceeded USD 20 billion for the first time. China represents one-quarter of the global fabless industry.
China's growth in foundry services is reflected by the capital spending of Semiconductor Manufacturing International Corporation (SMIC). SMIC's capital spending was USD 2.3 billion in 2017, up by 87% from 2016 and the fastest growth rate of the top eleven spenders.
Taiwan maintained its position of no.2 in the global fabless market with 16% market share of the total chip-design sales in 2017, and it has been consistent from 2010. Companies, like Realtek, MediaTek, and Novatek each had more than USD 1 billion in IC sales in 2017, and each ranked among the world's top-20 fabless IC companies.
The Asia-Pacific semiconductors market has been boosted by a strong domestic demand, causing the market to become the largest in the world. A particular trend in the Chinese market has been that of consolidation, wherein state supervised Chinese players have been amalgamated to increase their manufacturing capacity and ability to compete with foreign rivals. Through a process of consolidation, new Chinese semiconductor giants are emerging and have been able to utilize their financial power and production capacities to augment domestic production and reduce the country's reliance on imports.
Reasons to Purchase this Report
- How the developing pattern towards maintainability goes about as a driver to the worldwide Electronic Design Automation Tools (EDA) market situation?
- Analyzing different points of view of the market with the assistance of Porter's five powers investigation
- Which solutions and end-user vertical is predictable to overlook the Electronic Design Automation Tools (EDA) market?
- Which regions are relied upon to observe the fastest development during the prediction period?
- Identify the most recent advancements, market shares and strategies utilized by the significant market players.
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Detailed TOC of Electronic Design Automation Tools (EDA) Market Report 2019-2024:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Booming Automotive, IoT, and AI Sectors
4.3.2 Upcoming Trend of EDA Toolsets Equipped with Machine Learning Capabilities
4.4 Market Restraints
4.4.1 Moore's Law is about be Proven Faulty
4.5 Value Chain Analysis
4.6 Industry Attractiveness Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Computer-aided Engineering (CAE)
5.1.2 IC Physical Design and Verification
5.1.3 Printed Circuit Board and Multi-chip Module (PCB and MCM)
5.1.4 Semiconductor Intellectual Property (SIP)
5.2 By Application
5.2.1 Communication
5.2.2 Consumer Electronics
5.2.3 Computer
5.2.4 Automotive
5.2.5 Industrial
5.2.6 Other Applications
5.3 Geography
5.3.1 Americas
5.3.2 Europe, Middle East & Africa (EMEA)
5.3.3 Asia-Pacific
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Altium Limited
6.2.2 ANSYS Inc.
6.2.3 Cadence Design Systems Inc.
6.2.4 Keysight Technologies Inc
6.2.5 Agnisys Inc.
6.2.6 Aldec Inc.
6.2.7 Lauterbach GmbH
6.2.8 Mentor Graphic Corporation (Siemens PLM Software)
6.2.9 Synopsys Inc.
6.2.10 Xilinx Inc.
6.2.11 Zuken Ltd.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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