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Electronic Design Automation (EDA) Tools Market 2022-2032 Analysis, Key Segments, Share, Size, Growth Status, and Forecast 2032

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Electronic Design Automation (EDA) Tools Market 2022-2032 Analysis, Key Segments, Share, Size, Growth Status, and Forecast 2032

The global Electrical Design Automation (EDA) Tools Market is predicted to expand significantly between 2021 and 2031, hitting $28, 812.7 million with a strong compound annual growth rate (CAGR) of 9.6%. The booming semiconductor industry, the emergence of cutting-edge chip architectures, and the quick advancement of game-changing technologies like artificial intelligence (AI), virtual reality (VR), and the Internet of Things (IoT) are just a few of the causes for the market expansion. Additionally, the growing trend of industrial automation across numerous industry verticals along with the increasing implementation of system-on-a-chip (SoC) technology is anticipated to fuel market expansion.

The growing demand for electronics and the use of electronic components in a variety of applications continue to propel the semiconductor industry's impressive performance. EDA tools are essential for the design, testing, and verification of semiconductor chips because they increase productivity, shorten time to market, and guarantee design integrity. New prospects for the adoption of EDA tools are being created by the ongoing improvements in chip architectures, including sophisticated packaging methods and heterogeneous integration.

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A number of industries are also changing as a result of the quick development and adoption of disruptive technologies like AI, VR, and IoT. To support these technologies' computational and connection needs, advanced electronic architectures and chip designs are needed. As a result, there is a growing need for sophisticated EDA tools that allow for the effective design and optimisation of intricate electrical systems. Additionally, the market for EDA tools is expanding due to the development of SoC technology, which combines several functions on a single chip and is gaining popularity across a variety of industry verticals, including automotive, healthcare, and consumer electronics.

The global EDA tools market is anticipated to have considerable growth over the next several years as a result of the rising demand for cutting-edge electronic systems and chip designs. To meet the changing needs of the semiconductor and electronics industries, major market participants are aggressively investing in R&D to create cutting-edge technologies and solutions. Please refer to the market research study on the worldwide electrical design automation (EDA) tools market for a thorough analysis and in-depth insights.

Highlighted with 84 tables and 91 figures, this 167-page report “Global Electronic Design Automation (EDA) Tools Market 2021-2031 by Component (Solutions, Services), Tool Type (CAE, ICPDV, PCB and MCM, SIP), Deployment (Cloud-based, On-Premise), Application (Design, Simulation, Verification), End Use (Microprocessors & Controllers, MMU, Others), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global electronic design automation (EDA) tools market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

View Report Scope and Latest Developments in the Market:

https://www.marketwatch.com/press-release/electronic-design-automation-eda-tools-market-2022-2032-report-by-market-data-library-2023-06-02?mod=search_headline

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global electronic design automation (EDA) tools market in every aspect of the classification from perspectives of Component, Tool Type, Deployment, Application, End Use, Industry Vertical, and Region.

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Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Solutions

o         Bundled Solutions

o         Standalone Solutions

  • Services

o         Professional Services

o         Managed Services

Based on Tool Type, the global market is segmented into the following sub-markets with annual

revenue ($ mn) for 2021-2031 included in each section.

  • Computer-aided Engineering (CAE)
  • IC Physical Design and Verification (ICPDV)
  • Printed Circuit Board and Multi-chip Module (PCB and MCM)
  • Semiconductor Intellectual Property (SIP)

By Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Cloud-based EDA Tools
  • On-Premise EDA Tools

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Design
  • Simulation
  • Verification

By End Use, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Microprocessors & Controllers
  • Memory Management Unit (MMU)
  • Other End Uses

By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

  • Communication
  • Consumer Electronics
  • Automotive
  • Industrial Manufacturing
  • Aerospace & Defense
  • Healthcare
  • Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, South Africa, Other Nations)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Tool Type, End Use and Industry Vertical over the forecast years are also included.

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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Agnisys Inc.

Aldec Inc.

Altium Limited

ANSYS Inc.

Autodesk, Inc.

Cadence Design Systems Inc.

Keysight Technologies Inc.

Lauterbach GmbH

Mentor Graphic Corporation (Siemens)

Silvaco Inc.

Synopsys Inc.

Xilinx Inc.

Zuken Ltd.

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