Report Id: SNS/SEMI/2102 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Electronic Design Automation Market Size will be valued at USD 22.18 billion by 2030, and it was valued at USD 11.21 billion in 2022, and grow at a CAGR of 8.9% over the forecast period 2023-2030.
Electronic design automation is a tool used to design and validate an electronic system, printed circuit board (PCB), and integrated circuits. The semiconductor manufacturing sector is inextricably linked to the electronic design automation industry. Increased demand for improved electrical equipment and the need to reduce their size while improving the performance of integrated circuits (ICs), increases the need for electronic design automation tool. Electronic design automation tools are widely used by chip manufacturers in the manufacture of electronic products as they benefit by reducing production costs and seamless design certification. Many software companies are working with an electronic design automation tool to get more features, and better performance. There is a growing demand from customers for integrated automation circuits as they push for hybrid or electric vehicles with advanced connectivity features such as advanced driver assistance system (ADAS), infotainment, etc. This feature increases the market demand for electronic design automation.
Increasing demand for highly sophisticated consumer gadgets.
Increasing adoption of connected devices.
Demand for sophisticated integrated circuits is increasing (ICs).
Constant technical advancements.
Growing need for electronic design automation solutions in the avionics, aerospace, and military industries.
Increasing adoption of cloud-based services.
The effect of COVID-19 on enterprises that provide electronic design automation systems.
IMPACT OF COVID-19:
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption. The COVID-19 epidemic continues to reverse the growth of many industries. Global semiconductor revenues are projected to decline by almost 5% in Q2 2020, due to declining production and a shortage of raw material supply. Also, due to geo-political problems during the COVID-19 disaster, a few semiconductors and electronics companies are now shifting their focus from China to India and other developing countries. Many semiconductor companies have asked government officials to clarify that the semiconductor industry operates as a viable business and to allow it to continue operating to meet customer needs and to normalize the supply chain industry. The electric design automation market is estimated to be moderately disrupted by the COVID-19 crisis, and will return to steady growth in Q2-2022.
Based on Product, the electronic design automation market is segmented into IC Physical Design & Verification, Semiconductor IP, Computer-aided Engineering (CAE), PCB & MCM and Services. The IC market for physical structure and verification component is expected to grow at a very high CAGR at the time of forecasting. The complexity of semiconductor authentication and manufacturing requirements is constantly increasing, making it increasingly difficult for IC-design companies to provide high-quality, competitive products while the fast-moving market. To meet the demand and achieve the set goals, companies need electronic design automation solutions that can provide reliable results and assist them in achieving their goals.
Based on Deployment Mode, the electronic design automation market is segmented into Cloud-based and On-premises. Cloud-based is expected to grow at a very high CAGR at the time of forecasting. As cloud-based design and verification is expected to provide the best results in high-performance operations, reduce costs associated with the production of semiconductor chips, and allow companies to reduce new marketing and acceleration time while maintaining or reducing operating costs. Therefore, these features accelerate the growth of cloud-based electronic automation solution.
Based on Application, the electronic design automation market is segmented into Memory Management Units, Microprocessors & Microcontrollers and Others. The memory management unit sector of electronic design automation market management units is expected to record the highest CAGR at the time of forecasting. The growth of digital, which has accelerated the need for faster processors and efficient memory management tools has accelerated growth. Companies have been using organic and inorganic growth techniques to improve the segment.
Based on End User, the electronic design automation market is segmented into Automotive Industry, Aerospace & Defense Industry, Consumer Electronics Industry, Healthcare Industry, Telecom and Data Centre Industry, Industrial Sector and Others.
The consumer electronics industry has captured the largest market of electronic design automation and the same trend is likely to be reflected during the forecast period. This segment has seen rapid growth over the past few years due to factors such as advances in technology used in earphones and headphones; increasing demand for high-quality, high-resolution television sets; increasing revenue and consumer spending potential; and increased penetration of smartphones. In addition, top companies have been developing their product portfolio and fraud deals by signing agreements with various companies to improve their products by adopting electronic design automation solutions.
The key players in the electronic design market are Cadence Design Systems, Synopsys, Siemens, ANSYS, Vennsa Technologies, Xilinx, EInfochips,. Altium Limited, Zuken, Silvaco and other key players.
IC Physical Design & Verification
Computer-aided Engineering (CAE)
PCB & MCM
BY DEPLOYMENT MODE
Memory Management Units
Microprocessors & Microcontrollers
BY END USER
Aerospace & Defense Industry
Consumer Electronics Industry
Telecom and Data Centre Industry
The North American EDA software market led to growth, with regional revenue exceeding 35% of the total market by 2022. The adoption of early technologies including 5G, machine learning, and practicality, among others has been a major impact on regional needs. In addition, the region boasts of strong wireless infrastructure and government support, which is expected to favor growth in the forecast period. Asia Pacific is expected to witness strong growth over the next few years, which is expected to witness a CAGR of 8-9% during the forecast period. This strong growth is due to an increase in the number of electronics companies. In addition, the growing demand for consumer devices and the expansion of facilities to meet this need will enhance regional growth in the forecast period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 11.21 Bn|
|Market Size by 2030||US$ 22.18 Bn|
|CAGR||CAGR of 8.9 % From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Product (IC Physical Design & Verification, Semiconductor IP, Computer-Aided Engineering (CAE), PCB & MCM, Services)
• By Deployment Mode (Cloud-Based, On-Premises)
• By Application (Memory Management Units, Microprocessors & Microcontrollers, Others)
• By End User (Automotive Industry, Aerospace & Defense Industry, Consumer Electronics Industry, Healthcare Industry, Telecom And Data Centre Industry, Industrial Sector, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Cadence Design Systems, Synopsys, Siemens, ANSYS, Vennsa Technologies, Xilinx, EInfochips,. Altium Limited, Zuken, Silvaco|
|Key Drivers||• Increasing demand for highly sophisticated consumer gadgets.
• Increasing adoption of connected devices.
• Demand for sophisticated integrated circuits is increasing (ICs).
|Restraints||• Constant technical advancements.|
Frequently Asked Questions (FAQ) :
The market Size will be valued at USD 18.8 billion by 2028.
The market has been segmented with respect to product, development mode, end-user and application.
The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Electronic Design Automation Market Segmentation, by product
8.2 IC Physical Design & Verification
8.3 Semiconductor IP
8.4 Computer-aided Engineering (CAE)
8.5 PCB & MCM
9. Electronic Design Automation Market Segmentation, by deployment mode
10. Electronic Design Automation Market Segmentation, by application
10.2 Memory Management Units
10.3 Microprocessors & Microcontrollers
11. Electronic Design Automation Market Segmentation, by end user
11.2 Automotive Industry
11.3 Aerospace & Defense Industry
11.4 Consumer Electronics Industry
11.5 Healthcare Industry
11.6 Telecom and Data Centre Industry
11.7 Industrial Sector
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13.1 Vennsa Technologies
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Cadence Design Systems
13.8 Altium Limited
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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