Electronic Design Automation Tools Market — Analysis, Reliability And Innovations In Technology
EDA or electronic design automation involves a diversified set of software algorithms that are required for designing of complex next generation electronics products or systems that includes printed circuit boards (PCBs) and integrated circuits (ICs) along with others present in the market. EDA enables engineers to design, analyze and then simulate the semiconductor chips encompassing algorithms and methodologies for designing of VLSI circuits.
All the tools present in EDA work together in a specific design flow decided by chip designers for designing and analyzing entire semiconductor chips. Since modern semiconductor chip have billions of components these EDA tools have become essential component in designing. It also helps semiconductor manufacturing companies to reduce product development time of chips further increasing the accuracy of design.
The global market for electronic design automation has been classified into product type, verification techniques, end use industries and geography. Based on the product type, this market has been segmented into PCB (Printed Circuit Board), IC (Integrated Circuit), multi-chip module and SoC (System on Chip) among others present in the market.
The primary benefit related with application of EDA would be the modelling of the system performance along with estimating the power needs for the designing of specific chips. This further helps the ASIC (application specific integrated circuit) logic designers to handle high complexity of circuits with reduced manufacturing errors. Besides this, EDA also helps the layout designer place millions of transistors over the IC simultaneously checking physical and electrical design rules related to these transistors.
Moreover, the EDA tools help the chip manufacturing companies to design more complex chips at a lower cost and within a shorter period of time. All these factors have a positive impact over the EDA tools market and is expected to boost further with growth in aerospace & defense sector.
But there are a few factors as well that also pose challenges and act as restraints for this market. One such factor being the growing complexity of VLSI structures and high non-recurring engineering costs associated with this design that pose challenges for the market growth.
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