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Global EDA Market Projected to Reach CAGR of 12.2% by 2018-2023
May 24, 2018 | Business WireEstimated reading time: Less than a minute
The EDA tools market is projected to register a CAGR of 12.2% during the forecast period 2018-2023.
Electronic design automation consists of software tools used in the designing of electronic systems and components, such as integrated circuits and printed circuit boards. The tools allow hardware and software providers to design and simulate several electronic components and systems. The demand of EDA tools has increased significantly due to the reduction in time of electronics component or system design.
The demand for compact electronic devices has been increasing across several sectors, such as automotive and industrial manufacturing, and has compelled the IC manufacturers to increase investment in R&D, to reduce the size while improving the performance of ICs. This has led to the development of microelectromechanical systems (MEMS) and 3D semiconductor devices.
Factors, such as, economic growth, favorable government policies, and increasing demand for consumer electronic devices in the US have increased the market's growth. The intensifying significance of the IoT and the presence of prominent semiconductor device manufacturers, such as Intel, are expected to impact the market during the forecast period.
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Staying on Top of Signal Integrity Challenges
09/16/2025 | Andy Shaughnessy, Design007 MagazineOver the years, Kris Moyer has taught a variety of advanced PCB design classes, both online IPC courses and in-person classes at California State University-Sacramento, where he earned his degrees in electrical engineering. Much of his advanced curriculum focuses on signal integrity, so we asked Kris to discuss the trends he’s seeing in signal integrity today, the SI challenges facing PCB designers, and his go-to techniques for controlling or completely eliminating SI problems.
American Standard Circuits to Exhibit and Host Lunch & Learn at PCB West 2025
09/17/2025 | American Standard CircuitsAnaya Vardya, President, and CEO of American Standard Circuits/ASC Sunstone Circuits has announced that his company will once again be exhibiting at PCB West 2025 to be held at the Santa Clara Convention Center on Wednesday, October 1, 2025.
ASM Technologies Limited signs MoU with the Guidance, Government of Tamilnadu to Expand Design-Led Manufacturing capabilities for ESDM
09/15/2025 | ASM TechnologiesASM Technologies Limited, a pioneer in Design- Led Manufacturing in the semiconductor and automotive industries, announced signing of Memorandum of Understanding (MoU) with the Guidance, Government of Tamilnadu whereby it will invest Rs. 250 crores in the state to expand its ESDM related Design-Led Manufacturing and precision engineering capacity. ASM Technologies will acquire 5 acres of land from the Government of Tamilnadu to set up a state-of-the-art design facility in Tamil Nadu's growing technology manufacturing ecosystem, providing a strong strategic advantage and long-term benefits for ASM.