DUBLIN--(BUSINESS WIRE)--The "Global Electronic Design Automation Tools (EDA) Market - Segmented by Product Type, End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The electronic design automation (EDA) tools market is projected to register a CAGR of 12.2% during the forecast period 2018-2023.
Electronic Design Automation consists of software tools used in the designing of electronic systems and components, such as integrated circuits and printed circuit boards. The tools allow hardware and software providers to design and simulate several electronic components and systems. The demand of EDA tools has increased significantly due to the reduction in time of electronics component or system design.
The demand for compact electronic devices has been increasing across several sectors, such as automotive and industrial manufacturing, and has compelled the IC manufacturers to increase investment in R&D, to reduce the size while improving the performance of ICs. This has led to the development of microelectromechanical systems (MEMS) and 3D semiconductor devices.
Factors, such as, economic growth, favorable government policies, and increasing demand for consumer electronic devices in the US have increased the market's growth. The intensifying significance of the IoT and the presence of prominent semiconductor device manufacturers, such as Intel, are expected to impact the market during the forecast period.
- Synopsys Inc.
- Cadence Design Systems Inc.
- Mentor Graphic Corporation
- Magma Design Automation Ltd
- Zuken Inc
- Siemens PLM Software Inc.
- Keysight technologies
- Agnisys Inc.
- Ansys Inc.
- Altium Limited
- Apache Design Solutions Inc.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Global Electronic Design Automation Tools Market - Segmentation
6. Competitive Intelligence - Company Profiles
7. Investment Analysis
8. Outlook of Electronic Design Automation Tools Market
For more information about this report visit https://www.researchandmarkets.com/research/d4dwtm/global_electronic?w=4