Electronic Design Automation (EDA) market is anticipated to exceed USD 14 billion by 2024 with the industry growth pegged at a CAGR of over 6% from 2017 to 2024. Growing demand for EDA tools to design and manufacture electronic products and systems, such as deep learning, Internet of Things (IoT), virtual reality, augmented reality, and autonomous vehicle systems, will positively impact the EDA market growth. Early adoption of the technology and rise in Research and Development (R&D) activities by the companies in the U.S. has proven beneficial to the industrial sector in the country. The proliferation of technologies, such as smart grids, IoT, smart metering, augmented reality, and drone technology in the industrial sector, is encouraging companies to implement these tools.
Semiconductors are being commonly used in the consumer electronic devices such as PCs, smartwatches, smartphones, and tablets, and other smart products and can communicate with other components through a burgeoning network connected by the IoT. These components are the fundamental enabling technology of modern electronics and require microcontrollers, sensors, and memory to connect to each other and perform their functions. The infrastructure to connect all these devices is correlated to the continued innovations in the semiconductor technology. Owing to the rise in the adoption of smartphones and tablets over the last few years, the industry has witnessed an increase in touchscreens, proximity sensors, accelerometers, and camera modules. Designing these devices necessitates electronic tools, generating a high demand for the EDA market growth.
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The Semiconductor Intellectual Property (SIP) market accounted for over 30% of the EDA market share in 2016 and is anticipated to grow at a high CAGR from 2017 to 2024. Growing applications of the SIP are witnessed majorly in the consumer electronics industry owing to the rise in the adoption of mobile devices such as tablets and smartphones. The development of smart devices involves an extensive R&D that has increased the complexity of chip design, leading to a high adoption of a new IP block or cores as mobile manufacturers are majorly focusing on providing enhanced performance to end users with limited chip sizes.
The development of smart electronic systems that cater to smart homes and connected devices is the key driver of the EDA market in North America. Several component manufacturers are adopting technologically-advanced methods to reduce the design and manufacturing time of the electronic components. Early adoption and high penetration of technology are helping the EDA market in the region grow. In addition, the rise in investments from the government entities has led to a rise in the healthcare expenditure to enhance the healthcare infrastructure. Growing focus on the patient safety, intensifying government legislation, and technological revolution have augmented the usage of electronic designing tools, boosting the EDA market growth in the region.
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Key players in the EDA market include Synopsys, Inc., Cadence Design Systems, Mentor Graphics, Zuken, Inc., CadSoft Computer, Solido Design Automation, National Instruments, Xilinx, Inc., JEDA Technologies, Pulsonix, Intercept Technology, Inc., Invionics, and Keysight Technologies, among others. The EDA market is characterized by moderate to high entry barriers, making it difficult for new players to gain a foothold in the industry. The industry comprises many players with a few prominent brands. The demand for consumer electronics and electric vehicles is anticipated to drive the EDA market growth.
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Cloud Electronic Design Automation (EDA) Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Cloud Electronic Design Automation (EDA) industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Cloud Electronic Design Automation (EDA) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Cloud Electronic Design Automation (EDA) market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Cloud Electronic Design Automation (EDA) industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Cloud Electronic Design Automation (EDA) industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Cloud Electronic Design Automation (EDA) Industry before evaluating its feasibility.Key questions addressed by the report• Where will all these developments take Cloud Electronic Design Automation (EDA) in the mid- to long-term?
• What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?
• How growth strategies implemented by key players will impact the growth rate of the Cloud Electronic Design Automation (EDA) market, and who will have the undue advantage?
It also encompasses algorithms and methodologies for the design of very large-scale ICs.The adoption of Cloud Electronic Design Automation (EDA) leads to a reduction in the design time, errors, and cost and is mainly used in the manufacture of aerospace and defence equipment.
Electronic Design Automation tools help semiconductor and electronic product manufacturing companies reduce product development time and increase the accuracy of design.
Cloud Electronic Design Automation provides its users a pay-per-usage design environment.
Electronic Device Automation system on cloud is a new concept.
This factor is challenging the cloud electronic display market.The Global Cloud Electronic Design Automation Market is growing rapidly over 5.51% of CAGR and is expected to reach at USD 7595.8 million by the end of forecast period 2027.The crippling effect of the global COVID-19 pandemic has detained the growth potential of the Electronic Design Automation Market.
By application, the market is categorized into Military/Defense, Aerospace, Telecom, Automotive, Industrial and others.
Electronic Design Automation (EDA) market is anticipated to exceed USD 14 billion by 2024 with the industry growth pegged at a CAGR of over 6% from 2017 to 2024.
Early adoption of the technology and rise in Research and Development (R) activities by the companies in the U.S. has proven beneficial to the industrial sector in the country.
The proliferation of technologies, such as smart grids, IoT, smart metering, augmented reality, and drone technology in the industrial sector, is encouraging companies to implement these tools.Semiconductors are being commonly used in the consumer electronic devices such as PCs, smartwatches, smartphones, and tablets, and other smart products and can communicate with other components through a burgeoning network connected by the IoT.
Owing to the rise in the adoption of smartphones and tablets over the last few years, the industry has witnessed an increase in touchscreens, proximity sensors, accelerometers, and camera modules.
Designing these devices necessitates electronic tools, generating a high demand for the EDA market growth.Request a Report Sample with Toc and figures to click here: http://marketgrowthanalysis.com/reports/sample/294The Semiconductor Intellectual Property (SIP) market accounted for over 30% of the EDA market share in 2016 and is anticipated to grow at a high CAGR from 2017 to 2024.
Growing applications of the SIP are witnessed majorly in the consumer electronics industry owing to the rise in the adoption of mobile devices such as tablets and smartphones.
The global electronic design automation (EDA) market is currently witnessing strong growth.
Electronic design automation (EDA) refers to a set of software tools used to develop automated systems digitally.
It uses integrated layouts of analog and digital designs to create integrated circuits (ICs) and other electronic components.
Nowadays, EDA has gained preference as it helps eliminate manufacturing errors and reduce the cost of production and time required for designing ICs.Request for a free sample copy of this report: https://www.imarcgroup.com/electronic-design-automation-market/requestsampleThe global EDA market is primarily driven by significant growth in the electronics and semiconductor industries.
The integration of the Internet of Things (IoT), augmented reality (AR) and artificial intelligence (AI) with connected devices are also supporting the adoption of circuits, semiconductors and sensors that are compact and require low operational power.
This rising trend of miniaturization has prompted manufacturers to utilize EDA solutions to design advanced electronics with compact components, such as automotive gadgets, smart wearable devices and healthcare equipment.
Cloud Electronic Design Automation (EDA) Global Market - OverviewCloud EDA or cloud electronic design automation is a software tool generally used by the semiconductor industries for the designing complex electronic systems.
EDA tools on cloud allows the user to use it from any place and helps the companies to design and developed highly complicated large-scale circuits used in some of the crucial industries such as healthcare, automotive and aerospace.
Cloud EDA offers its users a pay-per-usage design environment which helps to reduce the extra cost which occurs.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/3994 Key Players:Cadence Design Systems, Mentor Graphics, Synopsys, Agilent, Agnisys, Aldec, Ansys, JEDA Technologies, MunEDA, Sigrity, Zuken among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global Cloud Electronic Design Automation (EDA) market.
Cloud EDA offers wide range of benefits to the industry and manufacturing companies which is helping the market growth around the world.Industry NewsDecember, 2017, M31 Technology Corporation, a global Silicon Intellectual Property (IP) boutique, today announced that M31 28nm PHY with Corigine's USB 3.1 Gen 2 PC host and device controller intellectual property (IP) is certified by the USB Implementers Forum (USB-IF) and compliant with USB SuperSpeed+, the fastest USB speed standard.
M31 is pleased to offer the 3.1 Gen 2 PHY in various process nodes including 28nm, 12nm and 7nm," adds Scott Chang, M31's vice president.
M31 is delighted to have USB-IF certification along with Corigine's USB Gen 2 controllers and pleased to offer the 3.1 Gen 2 PHY in 28nm as part of Corigine's complete and highly competitive offering.December, 2017, -Toshiba Electronic Devices & Storage Corporation has today started to ship five new high-current photorelays in DIP4 and DIP6 packages, additions to its portfolio of photorelays incorporating MOSFETs fabricated with the latest U-MOS VIII process.
