12
September 2018 -
Growing
demand from electronic component manufacturers is expected to drive the demand
for EDA software over the forecast period. The emergence of SoC technology in
the majority of electronics has been a major driving factor for the U.S.
electronic design automation software market. The on-premises application of
EDA software’s is expected to grow at a rapid pace as on-premises software’s
provide data execution across many functions, product lines, and business
units.
Browse Details of Report @ https://www.hexaresearch.com/research-report/us-electronic-design-automation-eda-software-market
The
emergence of virtual reality, 3D smart televisions, wireless communication systems
as well as smart home appliances, the demand for designing of circuits has
increased. These factors are expected to have a direct impact on the growth of
the market. EDA involves a unique set of software algorithms which are
essential for designing of complex semiconductor and next-generation products.
With an
increase in VLSI design, EDA also becomes complicated. EDA software’s are
majorly used by electronic equipment manufacturers. Majorly the products
include televisions, DVD and multimedia players, video recorders, Wi-Fi
adapters, smartphone components, and many more.
Dynamic
nature of the consumer electronics market is expected to increase the demand
for electronic design automation software over the forecast period. The trend
of continuous product development showcased by the consumer electronics market
has led in a very active R&D department which is involved in designing of
components for new and latest products. This process uses EDA software for
circuit and IC designing.
Additionally,
rapid penetration of Internet of Things (IoT) is expected to drive the demand
for EDA software’s as these new products require designing from scratch.
Increasing usage of internet will help EDA developers to provide software’s and
services through online portals. Such strategies are expected to improve market
penetration for new players in the market. Provision of online portals will
help the players to reduce capital expenditure, infrastructure costs,
improvement in the supply chain, and cost of ownership which will, in turn,
improve profit margins for the providers.
The design
software is expected to emerge as a lucrative segment on account of its heavy
usage across all industries. Usage of design software’s is done across all
product developments where circuits are involved.
Circuits
act as a basis for connections and EDA software’s are used to design those
circuits. The microprocessor & microcontroller segment is expected to show
noticeable growth pertaining to demand for microprocessors &
microcontrollers in the majority of electronics used on a day to day basis.
Rapid penetration of latest technology and trends in the U.S. makes it a
potential marketplace.
Key players
in the U.S. electronic design automation market comprise of Cadence Design
Systems, Synopsys, Inc., Mentor Graphics, ZUKEN INC., Silvaco, Inc. and many
more players. Manufacturers are concentrating on providing highly accurate
software with updates over the period of usage. The market is largely
controlled by well-established players even though the share of small players
is noticeable too. Manufacturers are concentrating on providing cost-effective
tools and solutions to the end users in order to capture the untapped market.
Hexa
Research has segmented the U.S. electronic design automation software (EDA)
market report based on type and end use:
Segmentation by Type
• Verification
• Simulation
• Design Software
Segmentation by End Use
• Microprocessors & Controllers
• MMU
• Others
Key players analyzed:
• Cadence Design Systems
• Synopsys Inc.
• Mentor Graphics Corporation
• Zuken, Inc.
• Silvaco, Inc.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/technology-industry
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