Analysis and Forecasts by Type (CAE, SIP, IC Physical Design & Verification, and PCB & MCM) and Application (Aerospace & Defense, Consumer Electronics, Telecom, Automotive, Industrial, and Others)
No. of Pages:127
Report Code:
TIPRE00005732
Category:
Technology, Media and Telecommunications
Electronic Design Automation market in North America is expected to grow from US$ 4.10 Bn in 2018 to US$ 9.70 Bn by the year 2027 with a CAGR of 10.2% from the year 2019 to 2027.
The significant growth of the semiconductor industry is boosting the growth of the electronic design automation market. Moreover, the increased focus on miniaturization of electronic devices is anticipated to propel electronic design automation market growth in the forecast period. Further, the increase in significant collaborations among electronic design automation players is driving market growth. The electronic design automation market is heavily captured by several established companies as well as smaller tier2 companies across the globe. These companies are facilitating the semiconductor manufacturers to meet the constantly increasing demand for advanced semiconductor products from their respective clients. Attributing to the fact, the semiconductor manufacturers are pressurizing the market players operating in the electronic design automation market to design robust chipsets and other semiconductor products. These electronic design automation market players are increasingly focusing on partnerships and acquisitions. Some of the recent partnerships and acquisitions in the electronic design automation market include; In 2018, Cadence Design Systems, Inc. announced a strategic partnership with Green Hills Software to accelerate embedded safety and security. Cadence Design Systems, Inc. invested $150 million that is about 16% ownership interest in GreenHill. In 2018, Synopsis and Siemens PLM Software partnered to provide a wide variety of EDA products. The collaboration is aimed at a number of electronic design automation domains ranging from design to verification.
The SIP type dominated the Electronic Design Automation market in the year 2018 with maximum share. However, the segment is expected to lose its dominance to CAE segment during the forecast period. Semiconductor IP is used for building large and complex ICs that are required in the electronic devices. Remarkable growth has been observed in the automotive industry’s semiconductor demand amid the progression of advancements in automotive electronics. Furthermore, dynamic rise for the demand of semiconductor in IT & Telecomm industry continued, especially for processor IP, which in turn, triggering memory semiconductor IP manufacturers to invest in expanding production capacity actively. Thus, this invest helps in bringing a positive outlook over the forecast period in the semiconductor IP market. Increasing demands for advanced system on chip designs has fueled the growth of the market to a significant extent. Further, the rising proliferation of consumer electronics in the North America region, specifically, is supplementing the adoption of semiconductor IP.
The US dominated the electronic design automation market in 2018 and is anticipated to continue its dominance in the market across the North American region through the forecast period. The semiconductor industry has remained critical to the national security, economic strength, and global technology leadership of North America. The US, in terms of the semiconductor industry, is not only the leading economy in North America but also a major contributor to the global market. Furthermore, being a technologically advanced country, the adoption of EDA software is anticipated to remain high. However, soon, the market might attain maturity, owing to the moderating semiconductor industry growth. The figure given below highlights the revenue share of the Mexico in the electronic design automation market in the forecast period:
Maxico Electronic Design Automation Market Revenue and Forecasts to 2027 ( US$ Mn)
NORTH AMERICA ELECTRONIC DESIGN AUTOMATION MARKET SEGMENTATION
How big is the North America Electronic Design Automation Market?
The North America Electronic Design Automation Market is valued at US$ 4.10 Billion in 2018, it is projected to reach US$ 9.70 Billion by 2027.
What is the CAGR for North America Electronic Design Automation Market by (2019 - 2027)?
As per our report North America Electronic Design Automation Market, the market size is valued at US$ 4.10 Billion in 2018, projecting it to reach US$ 9.70 Billion by 2027. This translates to a CAGR of approximately 10.2% during the forecast period.
What segments are covered in this report?
The North America Electronic Design Automation Market report typically cover these key segments-
Type (CAE, SIP, IC Physical Design & Verification, PCB & MCM)
What is the historic period, base year, and forecast period taken for North America Electronic Design Automation Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Electronic Design Automation Market report:
Historic Period : 2016-2017
Base Year : 2018
Forecast Period : 2019-2027
Who are the major players in North America Electronic Design Automation Market?
The North America Electronic Design Automation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Agnisys Inc.
Aldec Inc.
Autodesk, Inc.
Cadence Deisgn Systems Inc.
Keysight Technologies
Labcenter Electronics Ltd.
Mentor Graphics Inc.
Silvaco Inc.
Synopsys Inc.
Zuken Inc.
Who should buy this report?
The North America Electronic Design Automation Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Electronic Design Automation Market value chain can benefit from the information contained in a comprehensive market report.
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