Global Electronic Design Automation (EDA) Market Industry Analysis, Size, Share, Growth, Trends and Forecast to 2024

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The newly released research at Market Study Report titled “2017-2024 Global Electronic Design Automation (EDA) Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

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.

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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.

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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Table of content:

Chapter 3.   Electronic Design Automation (EDA) Industry Insights

3.1.  Industry segmentation

3.2.  Industry landscape, 2013 – 2024

3.2.1. Fire protection industry landscape, 2013 – 2024       Fire detection       Fire suppression       Fire analysis       Fire response

3.3.  Industry ecosystem analysis

3.3.1. Raw material suppliers

3.3.2. Product/system manufacturers

3.3.3. Sales channel       Distributors       Electrical contractors/specialist fire system installers       System integrators       Value added resellers (VARs)

3.3.4. Vendor matrix

3.4.  Technology landscape

3.4.1. Technology architecture

3.4.2. Key technologies       Mesh technology       Frequency Hopping Spread Spectrum (FHSS)       Internet of Things (IoT)       Big Data       Analytics

3.5.  Price trend analysis, 2013 – 2024

3.5.1. Product       Smoke detector       Heat detector       Gas detector       Multi-sensor detector

3.5.2. Regional       North America       Europe       Asia Pacific       Latin America       Middle East and Africa

3.5.3. Application       Residential       Industrial       Commercial

3.6.  Regulatory landscape

3.6.1. NFPA 72 – Chapter 23

3.6.2. EN54 Part 25

3.6.3. ETSI 300:220

3.6.4. Others

3.7.  Industry impact forces

3.7.1. Growth drivers       Rising demand across residential applications in the U.S.       Stringent government regulations & standards in Western Europe       Economic expansion in Southeast Asia       Propagation of integrated IoT solutions in Brazil       Rise in commercial construction across the Middle East

3.7.2. Industry pitfalls and challenges       High cost of devices       Low reliability perception

3.8.  Growth potential analysis

3.8.1. Electronic Design Automation (EDA) market, by application

3.8.2. Commercial Electronic Design Automation (EDA) market, by type

3.9.  Porter’s analysis

3.9.1. Threat of new entrants

3.9.2. Buyer’s power

3.9.3. Threat of substitutes

3.9.4. Threat of suppliers

3.9.5. Industry rivalry

3.10.      Company market share analysis, 2017

3.11.      PESTEL analysis

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