New York, June 17, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global EDA Tools Industry” – https://www.reportlinker.com/p05817912/?utm_source=GNW
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Global EDA Tools Market to Reach $14.9 Billion by 2026
Electronic Design Automation (EDA) is a sophisticated approach that allows design engineers to streamline and transform design flows associated with modern electronic systems. The growth of the global market is set to be driven by strong performance of the semiconductor industry and increasing adoption across diverse industry verticals. Intended to streamline design flows, EDA tools are finding increasing acceptance at the expense of manual approaches for designing of semiconductors and circuit boards. The market is poised to gain from increasing demand for these tools across different industries such as automotive, medical, communications, electronics, machinery and aerospace & defense. While the market received a major setback from the impact of COVID-19 on the semiconductor industry, it is anticipated to regain momentum due to consistent demand for chips and printed circuit boards along with strong focus of players on simulation of system-level designs. The market is slated to benefit from emergence of advanced chip architectures and AI applications. The increasing…
