The Electronic Design Automation Market is expected to reach $17.47 billion by 2030, at a CAGR of 10.7% during the forecast period 2023–2030. The growth of this market is driven by the growing need to reduce the complexity of integrated circuit designing, the increasing adoption of connected devices, and the rising demand for EDA solutions in the aerospace & defense sector. However, the availability of open-source EDA software restrains the growth of this market. The growing adoption of cloud technologies across SMEs and the increasing integration of machine learning technology is expected to create growth opportunities for the players operating in this market. However, constant technological changes are a challenge for market growth. Additionally, the emergence of domain-specific electronic product designs and the growing adoption of AI & ML technologies are major trends in the electronic design automation market.
Here are the top 10 companies operating in the Electronic Design Automation Market
Founded in 1970 and headquartered in Pennsylvania, U.S., ANSYS is engaged in developing and marketing engineering simulation software and services. The software and services provided by the company are used by engineers, designers, researchers and students across a broad spectrum of industries and academia, including high-tech, aerospace and defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare, and construction.
ANSYS develops open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for fast, efficient and cost-conscious product development, from design concept to final-stage testing and validation. It provides field simulation software for designing high-performance electronic and electromechanical products.
ANSYS Electronics solution suite minimizes testing costs, ensures regulatory compliance, improves reliability and drastically reduces product development time. With its subsidiaries and strong distribution network, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. Some of its subsidiaries are Analytical Graphics (U.S.), Ansoft (U.S.), and Livermore Software Technology Corporation (U.S.). As of 2021, the company had a headcount of 5,100 employees across the globe.
Founded in 1986 and headquartered in California, U.S., Synopsys, Inc. is a global leader in supplying electronic design automation (EDA) software that helps engineers design and test integrated circuits (ICs). The company also offers semiconductor intellectual property (IP) products, pre-designed circuits used as components of larger chip designs rather than designing those circuits themselves. The company operates in the market through two business segments, namely, Semiconductor & System Design and Software Integrity.
Synopsys provides software and hardware to validate the electronic systems that incorporate chips and the software that runs on them. To complement these offerings, the company also provides technical services and support to help its customers develop advanced chips and electronic systems. These products and services are part of the company’s Semiconductor & System Design segment.
The company’s Software Integrity segment provides software tools and services that improve software security, quality and compliance in various industries such as electronics, financial services, automotive, medicine, energy and industrials.
With its subsidiaries and strong distribution network, the company has a geographical presence across the United States, Europe, China, Korea and other countries. Some of its subsidiaries are Synopsys International Services, Inc. (Ireland), Synopsys Hardware Platforms Group AB (Sweden), and Synplicity LLC (U.S). As of 2021, the company had a headcount of 19,000 employees across the globe.
Founded in 1988 and headquartered in California, U.S., Cadence Design Systems, Inc. is a leader in electronic system design. The company provides computational software technologies for electronic systems and semiconductors to develop products across various industries, including consumer, hyperscale computing, mobile, 5G communications, automotive, aerospace & defense, industrial and healthcare.
Cadence is one of the leading suppliers of electronic-design-automation software used in chip design. The company provides software, hardware, services and reusable IC design blocks, commonly referred to as intellectual property (IP). Furthermore, it offers semiconductors to design, configure, analyze and verify the electrothermal and physical functionality of ICs, PCBs, and systems products.
With its subsidiaries and strong distribution network, the company has a geographical presence across North America, Latin America, Asia-Pacifc, Europe, the Middle East and Africa. Some of its subsidiaries are Cadence Design II Ltd (Israel), Cadence Design Systems Ltd. (Canada), Cadence Group Unlimited Company (Ireland), and Cadence Design Systems A.B. (Sweden). As of 2022, the company had a headcount of 9,300 employees across the globe.
Founded in 1847 and headquartered in Bavaria, Germany, Siemens AG is a technology company mainly focused on industry, infrastructure, transport, and healthcare. It is an innovation and technology leader in industrial automation and digitalization. The company delivers the world’s most comprehensive portfolio of EDA software, hardware, and services to enable customers to deliver life-changing innovations faster and become market leaders.
Siemens is a leader in electronic design automation and enables companies to develop better electronic products faster and cost-effectively. The company’s innovative products and solutions help engineers conquer design challenges in the increasingly complex worlds of board and chip design. The company operates in the market through five business segments, namely, Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and (SFS) Siemens Financial Services.
With its subsidiaries and strong distribution network, the company has a geographical presence across the Americas, Europe, C.I.S., Africa, Asia, Australia, and the Middle East. Some of its subsidiaries are ESTEL Rail Automation (Algeria), Siemens Electric Machines (India), Siemens Electronic Design Automation (U.S.), and Siemens Mobility (Italy). As of 2021, the company had a headcount of 311,000 employees across the globe.
Founded in 2014 and headquartered in California, U.S., Keysight Technologies is a technology company that helps enterprises, service providers, and governments accelerate innovation to connect and secure the world. The company provides electronic design and test solutions used in the simulation, design, validation, manufacture, installation, optimization and secure operation of electronics systems in the communications, networking and electronics industries.
Keysight offers customization, consulting and optimization services throughout the customer’s product development lifecycle, including start-up assistance, asset management, up-time services, application services and instrument calibration. The company focuses on electronic design, testing and optimization to deliver market-leading solutions across various industries, including commercial communications, networking, aerospace, defense and government, automotive, energy, and education. Keysight operates in the market through two business segments, namely, Communications Solutions Group and Electronics Industrial Solutions Group.
With its subsidiaries and strong distribution network, the company has a geographical presence across the Americas, Europe, and Asia Pacific. Some of its subsidiaries are Keysight Technologies GmbH (U.S.), Sanjole, Inc. (U.S.), Anite (U.K.), and Eggplant (U.K). As of 2021, the company had a headcount of 14,300 employees across the globe.
Meticulous Research in its latest publication on Electronic Design Automation Market has predicted the growth of 10.7% during the forecast year 2023-2030.
Founded in 1984 and headquartered in California, U.S., Xilinx is engaged in designing and developing programmable devices and associated technologies. The company develops adaptable hardware platforms that enable hardware acceleration and rapid innovation across various technologies from the endpoint to the edge to the cloud. It includes integrated circuits (ICs), software design tools to program the PLDs, software development environments and embedded platforms, targeted reference designs, printed circuit boards, and intellectual property (IP), which consists of Xilinx and various IP cores.
Xilinx is part of AMD and provides design services, customer training, field engineering, and technical support. The company has one of the industry’s broadest product portfolios and a highly complementary set of technologies, reaching customers in diverse markets. Xilinx forces the right engine for the right workload to address customers’ computing needs.
With its subsidiaries and strong distribution network, the company has a geographical presence across the United States, China, Japan, Europe, Taiwan, Singapore, and Other countries. Some of its subsidiaries are Solarflare Communications, Inc. (U.S.), Silexica GmbH (Germany), Deephi Technology Co. Ltd. (Beijing), and Xilinx Asia Pacific Pte. Ltd. (Singapore).
Founded in 1994 and headquartered in New York, U.S., eInfochips provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. With over 500+ products developed and 40M deployments in 140 countries, eInfochips continues to fuel technological innovations in multiple verticals.
The company’s services include digital transformation and connected IoT solutions across various cloud platforms, including AWS and Azure. Furthermore, it offers enterprise computing solutions suppliers, coupled with a range of services, solutions, and software that help industrial and commercial customers introduce innovative products, reduce time to market, and enhance overall competitiveness.
Founded in 1985 and headquartered in California, U.S., Altium Limited is a digital platform for the design and realization of electronics hardware in active use by electronics companies. The company develops software for designing electronic products, including printed circuit boards.
Altium has spent 35 years at the forefront of PCB design. The company has launched the world’s first digital platform for the design and realization of electronics. Altium software tools empower and connect PCB designers, part suppliers and manufacturers to develop and manufacture electronic products faster and more efficiently.
With the addition of its cloud platform Altium 365, Altium’s leading PCB design software has moved into a new dimension, creating seamless collaboration across the entire PCB design process. The company operates in the market through two business segments, namely, Board and Systems Nexar. Some of its subsidiaries are Gumstix Research Ltd. (U.S.) and Altium B.V. (U.S.).
Founded in 1982 and headquartered in California, U.S., Autodesk is a global leader in design and technology. The company develops desktop software seeking proven tools and technologies. It helps developers use its large investments and expertise in design, engineering, and media and entertainment platform technologies.
The company operates in the market through five business segments, namely, AEC, AutoCAD, MFG, M&E, and Other. With its subsidiaries and strong distribution network, the company has a geographical presence across the Americas, EMEA, and APAC. Some of its subsidiaries are PlanGrid (U.S.), Moldflow (Australia), Netfabb GmbH (Germany), and BuildingConnected, Inc. (U.S.). As of 2021, the company had a headcount of 12,600 employees across the globe.
Founded in 1976 and headquartered in Yokohama, Japan, Zuken is an electronic design automation software company. The company implements the advanced functions of ever-evolving electronics products. It designs automation software used by electronics manufacturers worldwide with unique solutions for managing electronic components and design data (PDM/PLM) based on extensive expertise in electronics design. Zuken designs software as the linchpin of development and electrical and electronic control. The company designs software for industrial machinery and equipment.
With its subsidiaries and strong distribution network, the company has a geographical presence across Japan, Europe, North America, Asia, and Other. As of 2021, the company had a headcount of more than 427 employees across the globe.
Authoritative Research on the Electronic Design Automation Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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