Introduction to Electronic Design Automation tools
EDA or Electronic Design Automation, also known as Electronic Computer-Aided Design, comprises of portfolio of software tools that assist in designing electronic systems. These electronic systems include the design of integrated circuits and printed circuit boards. These tools revolutionized the design of semi-conductor chips. The EDA tools are used in the design flow of logic gates and layouts. The function of EDAs in design include high-level synthesis i.e. conversion of machine language to digital signals and schematic-driven layouts. In electronic circuit simulation, a simulation software is designed to predict the behavior of the logic gates. Transistors and other hardware involved are emulated by CAD and electromagnetic field solvers. The circuits are then analyzed and processed for functionality, meta-stability, mathematical model tests and physical verification. The techniques of mask data protection and resolution enhancement are used to test the quality of ICs. Built-in self-tests and functional safety analysis is incorporated to meet the compliance requirements as per industry standards. Different EDA software tools are deployed to tackle different production functionalities to produce ICs and semiconductor chips. Some of the common software include AutoCAD, Orcad by Cadence, ARES in Proteus.
Market Size and Forecast
Miniaturization, the aspiration to fit a supercomputer inside the palm of a human is revolutionizing the ICs and semiconductor chip designs. The need for EDA tools has grown over the years to deal with increasing complexity of IC designs, accuracy, precision and the effectiveness of semiconductor devices. With the increasing requirements for application-specific ICs which are capable of supporting cloud-based computing and AI, the EDA tools market is anticipated to record a significant CAGR during the forecast period of 2020-2028. On the basis of product, the market is segmented into CAD, VLSIs, semi-conductors and others, out of which, the leading share is estimated to be held by semiconductors segment. This can be attributed to increasing production of semiconductor-based SoCs and ICs in the market. The market is further segmented by application into design, simulation, analysis and verification and manufacturing. Among these segments, the design and manufacturing segments are estimated to be the largest revenue generating segments owing to the technological advancements in semiconductors SoCs and ICs, which is further predicted to contribute towards the growth of the segment.
Growth Drivers
Demand for miniature electronic devices
Smartphones, tablets and laptops are the foundations of modern digital world. The evolution of telephones to landlines and to modern day mobile handsets (smartphones) equipped with custom made SoCs with PC processing capabilities can be attributed to the increasing demand for miniature devices. This requires EDA tools able to tackle the problems of high complexity to support 5G, liquid cooling while maintaining accuracy and precision. Tablets and laptops are further being designed to support 5G and cloud computing capabilities. These technological innovations are expected to drive the market growth during the forecast period.
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Increasing Demand for IoT Devices
The “Internet of Things” device sales are increasing enormously which is a major growth driving factor for the market. These devices are multipurpose as they can be used in a variety of applications. These IoT devices are deployed in industries to enhance the operational efficiency, which involves lot of customization and is application specific. EDA tools are vividly used to develop application-specific integrated circuits to fulfill industry needs.
Restraints
Lack of Skilled Professionals
Lack of skilled professionals for effectively deploying these resources along with high cost of training the individuals to understand these EDA tools are some factors estimated to hinder the growth of the market.
Market Segmentation
Our in-depth analysis of the EDA market includes the following segments:
By Product
- CAD
- PCB and MCM
- VLSI
- Semiconductors
By Application
- Design
- Simulation
- Analysis and Verification
- Manufacturing preparation
By End-user Industry
- Consumer Electronics
- Industrial
- Others
By Region
On the basis of regional analysis, the EDA market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is anticipated to hold the largest share on account of rising technological innovations along with presence of leading players in the region which develop and market electronic design automation tools. The technological progression and rising trend of “everything smart”, for instance, smart-homes and smart-cities in this region further increases the product demand. The market in Asia Pacific region is predicted to grow at the highest rate during the forecast period as a result of growth in digitalization, high smartphone and other IoT devices demand in the region, particularly in countries such as China, India and Japan.
The EDA market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Top Featured Companies Dominating the Market
- Synopsys, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Cadence Design Systems, Inc.
- Siemens Industry Software Inc.
- Keysight Technologies
- Aldec, Inc.
- ANSYS, Inc.
- Xilinx
- Taiwan Semiconductor Manufacturing
