"The Report Global
Electronic Design Automation Market 2017-2021 provides information on
pricing, market analysis, shares, forecast, and company profiles for
key industry participants. - MarketResearchReports.biz"
MarketResearchReports.biz
has announced the addition of a new report to its repository, titled
“Global
Electronic Design Automation Market 2017-2021.”
Taking an account of all the factors that are expected to influence
the demand, positively or negatively, the report projects the market
to expand at a healthy CAGR of 5.5% during the forecast period of
2017 to 2021.
The
report observes that previously, K-Maps technique was popular to
design the flow of electronic circuits but in the recent times, owing
to advancements in technology, more complex circuits are required. As
a result, the use of electronic design automation (EDA) is
escalating, particularly in the aerospace and defense industry,
wherein it helps in reducing the design time, costs, and errors. For
example, advanced electrical system and wire harness design software
suite from the Mentor Graphics’ Capital helps to streamline the
overall wiring design process. Besides the increasing use of EDA in
defense and aerospace industry, the market for electronic design
automation is also gaining from several other factors such as growing
demand from semiconductor industry, frequent mergers, acquisitions,
and strategic alliances between or by the key players, and
incremented demand from various other industries such as automotive
and healthcare. The report also points out a few factors that may
challenge the market’s growth rate, including the lack of EDA
expertise, difficulty in integrating advanced design models,
availability of free EDA software, and licensing of cloud-based EDA.
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In
order to present new opportunities to the buyers, the report also
notes a few trends emerging in the market such as integration of ECAD
and MCAD, shift from perpetual to subscription licensing model, and
availability of cloud-based EDA. Each of these drivers, restraints,
and trends have been analyzed in detail in the report and their
eventual impact on the market dynamics have been projected.
By
product, the report segments the global electronic design automation
market into SIP, CAE, IC physical design and verification, PCB and
MCM, and services. Out of
these,
SIP segment currently serves the maximum demand and is expected to
remain most profitable during the forecast period, owing to
increasing demand of semiconductors in the industries such as
engineering power, automotive, and healthcare. Geographically, the
report studies the potential of the market in the regions of Asia
Pacific, Americas, and Europe, the Middle East and Africa (EMEA).
Currently, Americas account for maximum share of the market due to
favorable government policies, development of miniaturized electronic
products, and increasing adoption of electronic features and
components in cars.
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Three
of the key players detected by the report who are currently leading
the highly competitive and diversified global electronic design
automation market are Siemens PLM Software, Synopsys, and Cadence
Design Systems. Product improvement via research and development is
the foremost strategy adopted by these players. JEDA Technologies,
Agnisys, Keysight Technologies, Aldec, Ansys, MunEDA, and Zuken are
some of the other prominent players identified by the report in this
market.
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