Electronic Design Automation Software Market Outlook - 2026
Electronic design automation software are tools used to design electronic systems or circuits with the aid of computers. The primary goal of electronic design automation software is to design and develop electronic systems such as printed circuit boards (PCBs) and integrated circuits (ICs). These tools have replaced manual methods for circuit board and semiconductor design techniques. Electronic design automation software is also known as electronic computer-aided design tool. These tools are widely used to design electronic components such as circuit boards, processors, microcontroller chips, and many other types of complex electronics. Thus, the global electronic design automation software market is expected to experience significant growth over the forecast period.
Electronic computer-aided design tools enable chip designers or developers to design and analyze all-in-one semiconductor chips at a single instance. At electronic system level (ESL), the electronic design automation software automates the design and test processes by verifying the precision of the ESL design against various specifications compatibility with in-development electronic system. These tools perform various synthesis and verification steps on the ESL design and finally test the manufactured electronic system to ensure that it meets the quality requirements and specifications of the electronic system.
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Rise in demand for compact electronic components that are required in proliferating automotive gadgets, smart wearable devices, and healthcare equipment has been motivating the integrated circuits (IC) manufacturers to invest heavily in R&D. This trend toward manufacturing smaller mechanical, optical, and electronic products and devices is subsequently increasing adoption of electronic design automation software. Using electronic design automation tools IC manufacturers can design compact products, eliminate humongous errors associated with IC designing process, and accelerate the manufacturing process. The global electronic design automation software market is witnessing rapid expansion in recent years, due to rise of semiconductor industries in emerging countries, such as China. However, increasing preferences toward open source electronic design automation tools, especially among small and medium scale enterprises, hinders the demand for licensed electronic design automation tools, which in turn hampers the growth of the global electronic design automation software market.
The global electronic design automation software market is segmented based on end use, enterprise size, industry vertical, and region. Based on application, it is classified into microprocessors & controllers, memory management units, and others. Based on enterprise size, it is bifurcated into large enterprises and small & medium enterprises (SMEs). Based on industry vertical, it is categorized into automotive, aerospace and defense, consumer electronics, healthcare, industrial, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
This report provides the profiles of the key players in the global electronic design automation software market, which include ANSYS, Inc., Altium LLC., Autodesk Inc., Boldport Limited, Cadence Design Systems, Inc., Mentor (a Siemens Business), NVIDIA Corporation, Silvaco, Inc., Synopsis, Inc., Vennsa Technologies, and Xilinx Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global electronic design automation software market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global electronic design automation software market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global electronic design automation software industry.
- The quantitative analysis of the global electronic design automation software market from 2018 to 2026 is provided to determine the market potential.
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ELECTRONIC DESIGN AUTOMATION SOFTWARE MARKET KEY SEGMENTS
BY APPLICATION
- Microprocessors & Controllers
- Memory Management Units
- Others
BY ENTERPRISE SIZE
- Large Enterprises
- Small & Medium Enterprises (SMEs)
BY INDUSTRY VERTICAL
- Automotive
- Aerospace & Defense
- Consumer Electronics
- Healthcare
- Industrial
- Others
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