Electronic design automation (EDA), also identified as electronic computer assisted design, is a class of software tools used for designing electronic systems such as integrated circuits and printed circuit boards. The tools function collectively in a design stream that the chip designer uses in order to analyze and design entire semiconductor chips. EDA tools are important for design, since modern IC (Integrated Circuit) chips are likely to have billions of components. Previously, K-Maps technique was employed to design the flow of electronic circuits.
However, with electronics and technological advancements in various industries, more composite electronic circuits were essential. Such complicated designing was difficult with the help of traditional methodologies. Therefore, EDA tools were designed to solve the composite designing issue of electronic circuits.
The electronic design automation tools market is primarily driven by the increasing complication of semiconductor device designs. Complications are arising in the design of various smaller ICs due to changing technologies. Due to the smaller size of circuits, precision is the most important factor to be considered, which is achieved only when electronic design automation tools are used while designing and manufacturing smaller circuits.
Adoption of FinFET architecture is also an important factor boosting the demand for electronic design automation tools in the market across the world. This technology helps deliver superior levels of scalability required to ensure that the present progress with enhanced level of integration within integrated circuits is maintained. Moreover, increasing demand for system on chip (SoC) technology is also propelling the demand for EDA tools globally.
The declining cost per function of ICs is a primary reason for the rising demand for system on chips. Significant developments in the field of ICs in recent years have enabled important design changes in microprocessors and microcontrollers, making it possible to embed diverse patterns within a single chip.
Additionally, the advent of Internet of Things is also a factor driving the market globally. Demand for Internet of Things is expected to rise since the cost of connected devices has decreased. This, in turn, is likely to drive the expansion of the EDA tools market.
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Global EDA Tools Market for IC Industry: Competitive Dynamics
The research study includes profiles of leading companies operating in the global EDA tools market for IC industry. Some of the key players profiled in the report include Agnisys Technology Pvt Ltd., Aldec, Altium Ltd, Ansys Inc., Arm Holdings, Cadence Design Systems Inc., Keysight Technologies Inc., JEDA Technologies, Mentor Graphic Corporation, MunEDA GmbH, Siemens PLM Software Ltd., Synopsys Inc. and Zuken Inc.
The global EDA tools market for IC industry is segmented as below:
Global EDA Tools Market for IC Industry, by Component
Global EDA Tools Market for IC Industry, by Application
Global EDA Tools Market for IC Industry, by Deployment
- Cloud based
- Private Cloud
- Public Cloud
- Hybrid Cloud
Global EDA Tools Market for IC Industry, by Geography
- North America
- The U.S.
- Rest of North America
- The U.K
- Rest of Europe
- Asia Pacific (APAC)
- Rest of APAC
- Middle East & Africa (MEA)
- South Africa
- Rest of MEA
- South America
- Rest of South America