The future of the global electronic design automation market looks promising with opportunities in the consumer electronics industry, automotive, and healthcare markets. The global electronic design automation market is expected to reach an estimated $17.4 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing demand for electric automobiles, increasing vehicle digitization, and growing need in the aerospace and military industry for EDA solutions.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the electronic design
automation market by product category (CAE, semiconductor IP, and PCB &
MCM), deployment mode (on-premises and cloud-based), end use (consumer
electronics industry, automotive, healthcare, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
on-premises and cloud-based are the major segments of electronic design
automation market by deployment mode. Lucintel forecasts that on-premises will
remain the larger segment over the forecast period due to growing need to
manage their operational processes to improve their efficiency and
productivity, and aids in giving businesses more control over critical
information and procedures. Within this market, consumer electronics will
remain the largest segment due to growth for advanced gadgets such as smart TVs
and smartphones.
APAC is expected to
witness fastest growth over the forecast period due to increase in the number
of businesses engaged in electronic manufacturing, growth of the cloud computing
industry, rising use of smartphones, and the rising appeal of smart wearables.
Cadence Design Systems,
Synopsys, Siemens, ANSYS, Keysight, Advance Micro Devices, Einfochips, Altium,
Zuken, and Silvaco are the major suppliers in the electronic design automation
market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Explore Our Latest Publications
No comments:
Post a Comment