PUBLISHER: IMARC | PRODUCT CODE: 1451276
PUBLISHER: IMARC | PRODUCT CODE: 1451276
Electronic Design Automation Market Report by Solution Type (Semiconductor IP, CAE, IC Physical Design and Verification, PCB & MCM, Services), Deployment Type, End-Use Industry, and Region 2024-2032
The global electronic design automation market size reached US$ 11.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7% during 2024-2032. The market is experiencing moderate growth driven by rapid technological advancements, proliferation of IoT devices, 5G technology implementation, increasing complexity of semiconductor designs, and global automotive electronics industry expansion.
Electronic Design Automation Market Analysis:
Market Growth and Size: The market is witnessing moderate growth, driven by the increasing demand for semiconductor chips in various industries.
Technological Advancements: Technological advancements in EDA tools, such as AI and machine learning integration, have improved design efficiency and reduced time-to-market for electronic products. Cloud-based EDA solutions are gaining popularity, enabling remote collaboration and scalability.
Industry Applications: EDA tools find extensive applications in semiconductor manufacturing, PCB design, and electronic system design across diverse sectors, including automotive, aerospace, consumer electronics, and healthcare.
Geographical Trends: Asia-Pacific particularly China and Taiwan, has emerged as a dominant player in the EDA market, driven by the robust semiconductor industry in the region. North America remains a key market, with a focus on innovation and R&D in EDA technology.
Competitive Landscape: Key players are characterized by intense competition, with companies continuously striving to offer cutting-edge solutions.
Challenges and Opportunities: The EDA market faces challenges related to the complexity of designs and the need for skilled professionals. Opportunities lie in the growing demand for IoT devices, 5G technology, and automotive electronics, driving the need for advanced EDA solutions.
Future Outlook: The EDA market is poised for growth, driven by emerging technologies and the increasing integration of electronics in various industries. Collaboration and partnerships between EDA companies and semiconductor manufacturers are expected to play a pivotal role in shaping the future of the industry.
Electronic Design Automation Market Trends:
Rapid Technological Advancements
The EDA market is significantly influenced by rapid technological advancements in the electronics industry. With each passing year, electronic devices become more sophisticated, requiring intricate and efficient designs. EDA tools play a crucial role in meeting these demands. Advancements such as the integration of artificial intelligence (AI) and machine learning have revolutionized the design process, enabling faster and more accurate design iterations. This technology-driven evolution propels the EDA market forward as companies seek cutting-edge solutions to stay competitive.
Proliferation of IoT Devices
The Internet of Things (IoT) has witnessed exponential growth in recent years across various sectors, from smart homes to industrial automation. This rise in IoT applications drives the demand for EDA tools to design efficient and power-efficient microchips and sensors. The EDA market benefits from the expansion of IoT as it requires specialized solutions to address the unique challenges posed by IoT device design, including low power consumption, small form factors, and connectivity requirements.
5G Technology Implementation
The rollout of 5G technology brings enhanced network capabilities, enabling faster data transfer and lower latency. To harness the potential of 5G, there is a growing need for EDA tools that can design complex RF (radio frequency) and mmWave (millimeter-wave) circuits. EDA companies are developing solutions to help manufacturers design 5G-enabled devices, contributing to the growth of the EDA market.
Increasing Complexity of Semiconductor Designs
Semiconductor designs have become increasingly complex, driven by demands for higher performance, lower power consumption, and smaller form factors. This complexity necessitates advanced EDA tools capable of handling intricate designs efficiently. Companies in the semiconductor industry rely on EDA solutions to reduce design cycles and enhance product reliability, which in turn fuels the growth of the EDA market.
Expansion of Automotive Electronics Industry
The automotive electronics industry is undergoing a significant transformation with the proliferation of electric vehicles (EVs) and autonomous driving technologies. These innovations require advanced electronic systems, leading to a rise in automotive electronics. EDA tools are essential in designing the complex electronic components and systems required for EVs and autonomous vehicles. The expansion of automotive electronics is a key driver of the EDA market as it creates opportunities for specialized design solutions tailored to the automotive unique requirements of sectors.
Electronic Design Automation Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on solution type, deployment type, and end-use industry.
Breakup by Solution Type:
Semiconductor IP
CAE (Computer Aided Engineering)
IC Physical Design and Verification
PCB & MCM (Printed Circuit Board and Multi-Chip Module)
Services
Semiconductor IP accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the solution type. This includes semiconductor IP, CAE (computer aided engineering), IC physical design and verification, PCB & MCM (printed circuit board and multi-chip module), and services. According to the report, semiconductor IP represented the largest segment.
Breakup by Deployment Type:
On-Premises
Cloud-Based
A detailed breakup and analysis of the market based on the deployment type have also been provided in the report. This includes on-premises and cloud-based.
Breakup by End-Use Industry:
Military/Defense
Aerospace
Telecom
Automotive
Healthcare
Others
Automotive represents the leading market segment
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes military/defense, aerospace, telecom, automotive, healthcare, and others. According to the report, automotive represented the largest segment.
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America leads the market, accounting for the largest electronic design automation market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Altium Limited
ANSYS, Inc.
Autodesk Inc.
Boldport Limited
Cadence Design Systems Inc.
Siemens AG
Silvaco Inc.
Synopsys, Inc.
Vennsa Technologies
Xilinx, Inc.
Key Questions Answered in This Report
- 1. What was the size of the global electronic design automation market in 2023?
- 2. What is the expected growth rate of the global electronic design automation market during 2024-2032?
- 3. What has been the impact of COVID-19 on the global electronic design automation market?
- 4. What are the key factors driving the global electronic design automation market?
- 5. What is the breakup of the global electronic design automation market based on the solution type?
- 6. What is the breakup of the global electronic design automation market based on the end-use industry?
- 7. What are the key regions in the global electronic design automation market?
- 8. Who are the key players/companies in the global electronic design automation market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Electronic Design Automation Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Solution Type
- 6.1 Semiconductor IP
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 CAE (Computer Aided Engineering)
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 IC Physical Design and Verification
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 PCB & MCM (Printed Circuit Board and Multi-Chip Module)
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Services
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Deployment Type
- 7.1 On-premises
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Cloud-based
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End-Use Industry
- 8.1 Military/Defense
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aerospace
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Telecom
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Automotive
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Healthcare
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
- 11.1 Overview
- 11.2 Component Suppliers
- 11.3 Original Equipment Manufacturers
- 11.4 System Integrators
- 11.5 End-Use Industries
- 11.6 Post Sales Services
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Altium Limited
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 ANSYS, Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Autodesk Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Boldport Limited
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Cadence Design Systems, Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Siemens AG
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.7 Silvaco Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Synopsys, Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Vennsa Technologies
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Xilinx, Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.1 Altium Limited
List of Figures
- Figure 1: Global: Electronic Design Automation Market: Major Drivers and Challenges
- Figure 2: Global: Electronic Design Automation Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Electronic Design Automation Market: Breakup by Solution Type (in %), 2023
- Figure 4: Global: Electronic Design Automation Market: Breakup by Deployment Type (in %), 2023
- Figure 5: Global: Electronic Design Automation Market: Breakup by End-Use Industry (in %), 2023
- Figure 6: Global: Electronic Design Automation Market: Breakup by Region (in %), 2023
- Figure 7: Global: Electronic Design Automation Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 8: Global: Electronic Design Automation (Semiconductor IP) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Electronic Design Automation (Semiconductor IP) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Electronic Design Automation (CAE- Computer Aided Engineering) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Electronic Design Automation (CAE- Computer Aided Engineering) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Electronic Design Automation (IC Physical Design and Verification) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Electronic Design Automation (IC Physical Design and Verification) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Electronic Design Automation (Printed Circuit Board and Multi-Chip Module) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Electronic Design Automation (Printed Circuit Board and Multi-Chip Module) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Electronic Design Automation (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Electronic Design Automation (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Electronic Design Automation (On-premises) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Electronic Design Automation (On-premises) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Electronic Design Automation (Cloud-based) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Electronic Design Automation (Cloud-based) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Electronic Design Automation (Military/Defense) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Electronic Design Automation (Military/Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Electronic Design Automation (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Electronic Design Automation (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Electronic Design Automation (Telecom) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Electronic Design Automation (Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Electronic Design Automation (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Electronic Design Automation (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Electronic Design Automation (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Electronic Design Automation (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Electronic Design Automation (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Electronic Design Automation (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: North America: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: North America: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: United States: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: United States: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Canada: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Canada: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Asia Pacific: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Asia Pacific: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: China: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: China: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Japan: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Japan: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: India: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: India: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: South Korea: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: South Korea: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Australia: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Australia: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Indonesia: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Indonesia: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Others: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Others: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Europe: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Europe: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Germany: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Germany: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: France: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: France: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: United Kingdom: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: United Kingdom: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Italy: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Italy: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Spain: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Spain: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Russia: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Russia: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Latin America: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Latin America: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Brazil: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Brazil: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Mexico: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Mexico: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Others: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Others: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Middle East and Africa: Electronic Design Automation Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Middle East and Africa: Electronic Design Automation Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Electronic Design Automation Industry: SWOT Analysis
- Figure 83: Global: Electronic Design Automation Industry: Value Chain Analysis
- Figure 84: Global: Electronic Design Automation Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Electronic Design Automation Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Electronic Design Automation Market Forecast: Breakup by Solution Type (in Million US$), 2024-2032
- Table 3: Global: Electronic Design Automation Market Forecast: Breakup by Deployment Type (in Million US$), 2024-2032
- Table 4: Global: Electronic Design Automation Market Forecast: Breakup by End-Use Industry (in Million US$), 2024-2032
- Table 5: Global: Electronic Design Automation Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Electronic Design Automation Market: Competitive Structure
- Table 7: Global: Electronic Design Automation Market: Key Players
