Electronic Design Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Electronic Design Automation Trends and Forecast

The future of the global electronic design automation market looks promising with opportunities in the consumer electronics industry, automotive, and healthcare markets. The global electronic design automation market is expected to reach an estimated $17.4 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing demand for electric automobiles, increasing vehicle digitization, and growing need in the aerospace and military industry for EDA solutions.

A more than 150-page report is developed to help in your business decisions.

Electronic Design Automation by Segment

The study includes a forecast for the global electronic design automation by product category, deployment mode, end use, and region.

Electronic Design Automation Market by Product Category [Shipment Analysis by Value from 2018 to 2030]:

• CAE
• Semiconductor IP
• PCB & MCM

Electronic Design Automation Market by Deployment Mode [Shipment Analysis by Value from 2018 to 2030]:

• On-Premises
• Cloud-Based

Electronic Design Automation Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Electronics Industry
• Automotive
• Healthcare
• Others

Electronic Design Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electronic Design Automation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic design automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic design automation companies profiled in this report include-

• Cadence Design Systems
• Synopsys
• Siemens
• ANSYS
• Keysight
• Advance Micro Devices
• Einfochips
• Altium
• Zuken
• Silvaco

Electronic Design Automation Market Insights

Lucintel forecasts that on-premises will remain the larger segment over the forecast period due to growing need to manage their operational processes to improve their efficiency and productivity, and aids in giving businesses more control over critical information and procedures.

APAC is expected to witness fastest growth over the forecast period due to increase in the number of businesses engaged in electronic manufacturing, growth of the cloud computing industry, rising use of smartphones, and the rising appeal of smart wearables.

Features of the Global Electronic Design Automation Market

Market Size Estimates: Electronic design automation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electronic design automation market size by product category, deployment mode, end use, and region in terms of value ($B).

Regional Analysis: Electronic design automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product category, deployment mode, end use, and regions for the electronic design automation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic design automation market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the electronic design automation market size?

Answer: The global electronic design automation market is expected to reach an estimated $17.4 billion by 2030.

Q.2 What is the growth forecast for electronic design automation market?

Answer: The global electronic design automation market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electronic design automation market?

Answer: The major drivers for this market are growing demand for electric automobiles, increasing vehicle digitization, and growing need in the aerospace and military industry for EDA solutions.

Q4. What are the major segments for electronic design automation market?

Answer: The future of the global electronic design automation market looks promising with opportunities in the consumer electronics industry, automotive, and healthcare markets.

Q5. Who are the key electronic design automation market companies?

Answer: Some of the key electronic design automation companies are as follows:

• Cadence Design Systems
• Synopsys
• Siemens
• ANSYS
• Keysight
• Advance Micro Devices
• Einfochips
• Altium
• Zuken
• Silvaco

Q6. Which electronic design automation market segment will be the largest in future?

Answer: Lucintel forecasts that on-premises will remain the larger segment over the forecast period due to growing need to manage their operational processes to improve their efficiency and productivity, and aids in giving businesses more control over critical information and procedures.

Q7. In electronic design automation market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness fastest growth over the forecast period due to increase in the number of businesses engaged in electronic manufacturing, growth of the cloud computing industry, rising use of smartphones, and the rising appeal of smart wearables.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electronic design automation market by product category (CAE, semiconductor IP, and PCB & MCM), deployment mode (on-premises and cloud-based), end use (consumer electronics industry, automotive, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?