Cloud Electronic Design Automation (EDA) Market

Cloud Electronic Design Automation (EDA) Market: - An Overview

Electronic Design Automation is also known as electronic computer aided design (ECAD). Cloud electronic design automation is category of software tools that are used for designing, specification, verification, implementation of the electronic systems like printed circuit boards or integrated circuits.

Cloud electronic design automation tools have replaced manual methods for circuit board and semiconductor design techniques and these tools help to improve the construction of electronic component through universal design technique.

By using the cloud electronic design automation tools different kinds of bugs and defects in chips, circuit board are eliminated. Cloud electronic design automation tool do not require a dedicated system and also solves the storage issues as all the data is stored on cloud.

Impact of COVID-19 Pandemic Outbreak on Cloud Electronic Design Automation (EDA) Market

COVID-19 is affecting the production of semiconductors due to lockdown and social distancing norms for protecting the people from the virus. The companies are temporary closed to protect their employees and moved decisively to secure the supply chain. Not only semiconductor but every sector is been impacted due to the pandemic but the electronic design automation industry suffers only modest revenue lost during the pandemic.

The work from home policy has worked well for chip designer and electronic design automation employees as there is continue growth of PCBs and chip in system design companies and there is increasing demand for system level design simulation.

As the electronic design automation software are offered with cloud services it is easier for employees to work remotely. Hence, the demand for cloud based electronic design automation software is estimated to grow approximately by 1.3X in 2020 and 2021 as well.

Nikhil Kaitwade

Principal Consultant

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Cloud Electronic Design Automation (EDA) Market: - Market Dynamics

Growing Complexity of PCB Circuits is driving the Growth of Cloud Electronic Design Automation Market

Building a circuit involves implementing multiple wires and components and before designing, an engineer must consider a number of aspects such as input signals, desired output and error tolerance. Number of components and wires increases when circuit to be build is complex, which increases the probability of introducing errors. The design is relatively large and that is therefore a reasonable amount of drawing involved.

It provides a completed schematic at the end of this section so, if user have mastered the basics at any point, there is no need to continue with drawing the remainder of the circuitry. However, with cloud electronic design automation software, an engineer can simulate the circuit design and can get an idea about real-time issues associated with applying the circuit.

Using a cloud electronic design automation software with features such as auto-placement, auto-routing and auto-tuning can reduce errors to a great extent and make fabrication easier. This saves time as the potential errors are addressed before building the prototype. These are features and benefits are driving the market growth.

Availability of open source software and pirated versions on the Internet is hampering growth of the global market

Many electronic design automation software are available online for free and offer a variety of features. Moreover, in many countries like U.S., Russia, China, the pirated software are used commonly, due to this companies are being forced to offer low price software. This is a major factor expected to restrain growth of the market.

Cloud Electronic Design Automation (EDA) Market: - Key Players

The key players in the cloud electronic design automation (EDA) market are

• Sigasi 
• Keysight Technologies 
• JEDA Technologies 
• CadSoft Computer 
• Cadenece Design System
• Silvaco International
• Mentor Graphics

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Cloud Electronic Design Automation (EDA) market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Cloud Electronic Design Automation (EDA) market attractiveness as per segments.

The report on Cloud Electronic Design Automation (EDA) market also maps the qualitative impact of various factors on Cloud Electronic Design Automation (EDA) market segments and geographies.

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Cloud Electronic Design Automation (EDA) Market Segmentation

Product Type

• Computer Aided Engineering
• Semiconductor Intellectual Property
• IC Physical Design & Verification
• Printed Circuit Board and Multi-Chip Module (MCM)

Vertical

• Automotive
• Aerospace & Defense
• Industrial
• Healthcare
• Telecommunication
• Others