Electronic design automation market is expected to grow US$10.31 Bn in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period 2019 - 2027, to account for US$28.27 Bn by 2027

NEW YORK, April 23, 2019 — (PRNewswire) — Electronic design automation market is expected to grow US$10.31 Bn in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period 2019 - 2027, to account for US$28.27 Bn by 2027. Electronic design automation software comprises of multiple tools and applications. Integrating these tools according to the customers' demand sometimes becomes a complicated job. The complex requirements of the end-users regarding highly stable and accurate product positioning is addressed with the help of EDA. Rising complexities and cost challenges faced by the industries for implementation of expensive complex designs is key influencer driving the electronic design automation market.



Read the full report: https://www.reportlinker.com/p05764198/?utm_source=PRN



Key trend which will predominantly effect the electronic design automation market in coming years is demand for machine learning in EDA software to gain significant momentum in the electronic design automation market.The EDA software over the years have evolved in response to progressively aspiring goals for high performance, low power and decreased design cycle time.

This evolution in the EDA software is also expected to meet the unfulfilled need for methods, models and tools that would allow faster and more accurate design and verification of microelectronic systems and circuits.A behavioral approach, lately, has been discovered to be able to achieve these goals.

Therefore, the machine learning to the EDA tools business is having a substantial impact.The technology is anticipated to cut the cost of designs by enabling the tools to provide solutions to usual issues, which might take longer for the design teams to resolve manually.

This not only reduces the cost but also paves the path for novel designs and more semiconductor chips from more businesses.

Electronic design automation market by application is segmented into Aerospace & Defense, Consumer Electronics, Telecom, Automotive, Industrial, Others.Critical success factors such as accuracy, efficiency and productivity are propelling the need for advanced automation tools in designing, engineering and manufacturing.

Additionally, the appropriate software enable companies address cost-related and time-to-market challenges thoroughly, via process optimization.Thus, various industries including, consumer electronics, telecom, aerospace & defense, and industrial among others are implementing electronic design automation depending on the requirements.

The continuous advancements in the consumer electronics and automotive industries would further raise the demand for electronic design automation market over the forecast period.

The overall electronic design automation market size has been derived using both primary and secondary source.The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the electronic design automation market.

Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the EDA industry.

Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global electronic design automation market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the global electronic design automation market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Read the full report: https://www.reportlinker.com/p05764198/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________
Contact Clare: Email Contact
US: (339)-368-6001
Intl: +1 339-368-6001

Cision View original content: http://www.prnewswire.com/news-releases/electronic-design-automation-market-is-expected-to-grow-us10-31-bn-in-2018-and-is-expected-to-grow-at-a-cagr-of-12-0-during-the-forecast-period-2019---2027--to-account-for-us28-27-bn-by-2027--300836837.html

SOURCE Reportlinker

Contact:
Company Name: Reportlinker
Web: http://www.reportlinker.com




Review Article Be the first to review this article
Aldec

 True Circuits: Ultra PLL

Featured Video
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Virtual 2020 CEO Outlook Set for June 17
Colin WallsEmbedded Software
by Colin Walls
Multiple constructors in C++
Jobs
Software Engineer for EDA Careers at RTP, North Carolina
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Senior Analog Design Engineers #5337 for EDA Careers at EAST COAST, California
Senior Layout Engineer for EDA Careers at EAST COAST, California
Upcoming Events
Sensors Expo & Conference at McEnery Convention Center 150 W. San Carlos Street SAN JOSE CA - Jun 22 - 24, 2020
Nanotech 2020 Conference and Expo at National Harbor MD - Jun 29 - 1, 2020
IEEE Computer Society Annual Symposium on VLSI (ISVLSI) 2020 at Limassol Hotel, Amathus Area, Pareklisia Cyprus - Jul 6 - 8, 2020
57th Design Automation Conference 2020 at San Francisco CA - Jul 19 - 23, 2020
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise