We can see here as per a report the global EDA tools market for the IC industry is expected to grow at a CAGR of 6.8%. Yes, the electronic design automation as discussed before. Now, which technology would be used for the process in the semiconductor industry. That’s an interesting stat as it has increased significantly, even during the pandemic. The Semiconductor Industry Association has already announced that the global semiconductor sales were around $40 billion in the month of January 2021.
Thus, a hi-tech software leads to high-tech design, further resulting in a world-class product.
If we take the case of the automotive industry, the equipment manufacturers are investing in the software to develop the next generation autonomous vehicles. This thus mitigates the risk to a great extent. When an alarm rings off if there is a danger or fire in a factory and building, this software shows the early bug or defect in the designing of an integrated circuit, the printed circuit board and the others. Most engineers find this software as an early detector. Of course not, a little error and it can prove costly for the industry be it monetary or human lives. The software eliminates the chance of any small error, do you think an aerospace industry could afford to have minimal errors? As we can see, these are the hi-tech industries and require technology that meets their precise needs, EDA helps achieve the same. The industries that are significantly benefitted are the medical, consumer, aerospace and the automotive industries. Now, which industries are significantly benefitted from EDA? The industry is divided into different segments such as semiconductor intellectual property (SIP), chip design and verification, printed circuit board or the PCBs, multi-chip modules (MCM) and the services. The market size of the EDA market is expected to reach $20.89 billion by the year 2027. It is considered as one of the useful solutions EDA accelerates the designing process further helping different industries across the world. It is used for designing the entire system of any of the components that are interlinked with other components via the electric circuits. The electronic design automation is the computer-aided design of electronic products.
0 kommentar(er)
