Global Electronic Design Automation (EDA) Tools Market Report 2022: Market to Reach $14.9 Billion by 2026 - Shift to FPGA Extends Opportunities

DUBLIN, March 3, 2022 /PRNewswire/ -- The "EDA Tools - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global EDA Tools Market to Reach $14.9 Billion by 2026

The global market for EDA Tools estimated at US$9.1 Billion in the year 2020, is projected to reach a revised size of US$14.9 Billion by 2026, growing at a CAGR of 8.7% over the analysis period.

The growth of the global market is set to be driven by strong performance of the semiconductor industry and increasing adoption across diverse industry verticals. Intended to streamline design flows, EDA tools are finding increasing acceptance at the expense of manual approaches for designing of semiconductors and circuit boards.

The market is poised to gain from increasing demand for these tools across different industries such as automotive, medical, communications, electronics, machinery and aerospace & defense. While the market received a major setback from the impact of COVID-19 on the semiconductor industry, it is anticipated to regain momentum due to consistent demand for chips and printed circuit boards along with strong focus of players on simulation of system-level designs.

The market is slated to benefit from emergence of advanced chip architectures and AI applications. The increasing acceptance of FinFET architecture to develop and design sophisticated processors, adoption of emerging technologies like VR, AI and IoT, and rising popularity of SoC technology are anticipated to present new growth opportunities for EDA tools.

 Semiconductor Intellectual Property (SIP), one of the segments analyzed in the report, is projected to grow at a 9.2% CAGR to reach US$6.4 Billion by the end of the analysis period.

After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Computer-Aided Engineering (CAE) segment is readjusted to a revised 7.7% CAGR for the next 7-year period. This segment currently accounts for a 29.9% share of the global EDA Tools market.

Semiconductor IP (SIP) refers to reusable design aspects including chip layout, and cell among other components used in manufacturing advanced Integrated Circuits (IC). The concept of computer-aided engineering (CAE) involves the use of computer software tools for performing analysis tasks, like computational fluid dynamics, finite element analysis, and multi-body dynamics.

The U.S. Market is Estimated at $1.8 Billion in 2021, While China is Forecast to Reach $2.8 Billion by 2026

The EDA Tools market in the U.S. is estimated at US$1.8 Billion in the year 2021. The country currently accounts for a 19.53% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$2.8 Billion in the year 2026 trailing a CAGR of 9.8% through the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 7.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR while Rest of European market (as defined in the study) will reach US$3.1 Billion by the end of the analysis period. North America is a dominant market on account of extensive adoption of electronic devices and the presence of key players in the region. The region has been witnessing consistent surge in semiconductor sales over the last few years.

The trend along with continuous expansion of major end-use industries like automotive, communications and medical is expected to offer significant opportunities. The increasing demand for EDA tools in the Asia-Pacific region is credited to technological advances in sophisticated electronic devices and equipment.

IC Physical Design & Verification Segment to Reach $3.3 Billion by 2026

The IC Physical Design & Verification segment`s growth is credited to increasing sophistication of IC designs along with rising focus on precision and accuracy of semiconductor devices. IC design and verification EDA tools are finding increasing acceptance across various industries for automatically performing routing and placement of circuits on ICs and application-specific integrated circuits.

In the global IC Physical Design & Verification segment, USA, Canada, Japan, China and Europe will drive the 9.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$774.6 Million by the year 2026.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of Covid-19 and a Looming Global Recession
• Among the Hammered Companies in the Supply Chain is the "Semiconductor Industry"
• Semiconductor Trends for Specific End-Use Categories
• COVID-19 Pandemic Storm Warrants New Strategies to Help Semiconductor Leaders Secure New Lease of Life
• Falling Consumer Confidence Impacts Sales of Automotive and Consumer Electronics
• Industrial Activity Remain Subdued in 2020
• An Introduction to Electronic Design Automation (EDA)
• Semiconductor Intellectual Property (IP)
• Computer Aided Engineering (CAE)
• Integrated Circuit (IC) Physical Design & Verification
• Printed Circuit Board & Multi-Chip Module (PCB & MCM)
• Services
• Electronic Design Automation (EDA): An Intriguing Journey from Niche Technology to a Thriving Industry
• Global Electronic Design Automation Tools Market Enjoys Increasing Crescendo
• FinFET Architecture & SoC Trends Remain Key Drivers for EDA Tools Market
• Global EDA Tools Market to Recuperate COVID-19-Led Losses in 2021
• Analysis by Segment: SIP and Consumer Electronics to Lead EDA Tools Market
• EDA Tools: Streamlining Multiple Aspects of Design Flow for Modern Electronic Systems
• Developing Countries Hold Strong Growth Potential
• Competitive Scenario
• Survival Strategy Adopted by Companies to Overcome the Pandemic Shock
• EDA Tool Vendors Bet On Innovations to Corner Market
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS (Total 231 Featured) 

• Agnisys, Inc.
• Aldec, Inc.
• Altium Limited
• ANSYS Inc.
• Autodesk Inc.
• AutoTRAX
• Baum
• Cadence Design Systems Inc.
• Dolphin Design SAS
• EasyEDA
• Eremex, Ltd.
• Ferrochip
• Intercept Technology
• Keysight Technologies Inc.
• Labcenter Electronics Ltd.
• Mirabilis Design Inc.
• National Instruments Corporation
• Pulsonix
• Schindler & Schill GmbH
• Siemens EDA
• Sigasi
• Synopsys Inc.
• Zuken Inc.

3. MARKET TRENDS & DRIVERS

• EDA Tool Advancements Make Complex Semiconductor Functionalities Possible
• EDA Tools Market Strongly Influenced by Semiconductor Industry Trends
• Reduced Prototyping Costs & Lowered Product Recalls Widen Business Case
• Shift to FPGA Extends Opportunities
• Advanced EDA Tools for Verification of Analog Circuits
• EDA Tools Enabling Modular Electronic Designs
• Prospects of EDA in the AI, ML & IoT Era
• Cloud-based SaaS Solutions Gain Traction
• Established Use Case in Consumer Electronics Sector Augurs Well
• Robust Opportunities in the Communications Sector
• Uptrend in Healthcare Electronics Domain Augurs Well
• Expanding Role of Electronics in Automotive Vehicles Augurs Well
• Global Autonomous Vehicle Sales (In Million)
• Trends in the Semiconductor IP Market Favor Growth
• Increased Uptake of CAE Software Enhances Prospects
• Market to Gain from Rising Spending on Industrial Automation Projects
• Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
• Issues & Challenges

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vbelqy

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