Electronic design automation (EDA) is a software product that helps in designing electronic systems with the help of computers; these tools are often seen used in designing circuit boards, processors, and different types of complex electronics. The software tool is also known as electronic computer-aided design, and it has widely replaced manual methods for designing circuit boards and semiconductors. EDA vendors in the market also offer semiconductor intellectual property (IP) products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. 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. As one, EDA to be said are the tools that are used to design and verify integrated circuits (ICs), printed circuit boards (PCBs), and electronic systems.
The global Electronic Design Automation Tools (EDA) market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Electronic Design Automation Tools (EDA) market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Electronic Design Automation Tools (EDA) Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Electronic Design Automation Tools (EDA) market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts.
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Key Industry Players in Electronic Design Automation Tools Market:
- Altium Limited
- ANSYS Inc.
- Cadence Design Systems Inc.
- Keysight Technologies Inc.
- Agnisys Inc.
- Aldec Inc.
- Lauterbach GmbH
- Mentor Graphic Corporation (Siemens)
- Synopsys Inc.
- Xilinx Inc.
- Zuken Ltd and other major key players.
Electronic design automation (EDA) involves a diversified set of software algorithms required for designing complex next-generation electronics products or systems that have different integrated circuits (ICs) and printed circuit boards (PCBs) alongside others present within the market. EDA enables engineers to style, analyze then simulate the semiconductor chips encompassing algorithms and methodologies for designing VLSI circuits. All the tools present in EDA function collectively during a specific design flow decided by chip designers for designing and analyzing entire semiconductor chips.
Segmentation Analysis Includes,
By Type:
- Computer-aided Engineering (CAE)
- IC Physical Design Verification
- Printed Circuit Board Multi-chip Module (PCB and MCM)
- Semiconductor Intellectual Property (SIP)
By Application:
- Communication
- Consumer Electronics
- Computer
- Automotive
- Industrial
- Other
By Region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Key Market Trends:
- IC physical design refers to the creation of geometric representations of ICs, using EDA tools. EDA is used to divide the chip into smaller blocks and then plan the specific space required for each block to ensure maximum performance. These blocks are then placed, using before and after clock synthesis.
- The recent technological advancements have been helping several chipset manufacturers to make use of ASIC technology, mainly for 5G. The advent of structured ASIC, having elements of both ASICs and field-programmable gate arrays (FPGA), like architecture, has led to the cost of production becoming cheaper compared to full-blown ASIC, which requires the addition of a modifiable on top of the base ASIC layer.
The outbreak and the spread of the COVID-19 had a negative effect on the electronic design automation (EDA) market in 2020, resulting in decreased subscriptions of electronic design automation. This resulted in the declined revenues generated from them. As a result, a dip was witnessed in the growth trend of the market during the first half of 2020. This trend continued to prevail till the first quarter of 2021. The demand for electronic design automation is expected to surge with the increase in the production volume of the semiconductor chips in the second or third quarter of 2021.
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Also, as a result of geo-political issues amid the COVID-19 crisis, several semiconductor and electronics companies are now shifting their focus from China to India and other developing countries. Several semiconductor companies have asked government authorities to specify the semiconductor industry works as an essential business and allow continuity in operations to meet customer demand and normalize the industry supply chain.
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