Fresh PCB Concepts: Key Considerations for Reliability, Performance, and Compliance in PCBs
Elementary Mr. Watson: Navigating RF—A Glide Path Approach to Design Success
Designers Notebook: Layer Stackup Planning for RF Circuit Boards
Electronic System Design Industry Posts $4.5 Billion in Revenue in Q1 2024
July 16, 2024 | SEMIEstimated reading time: 1 minute
Electronic System Design (ESD) industry revenue increased 14.4% to $4,521.6 million in the first quarter of 2024 from the $3,951.1 million registered in the first quarter of 2023, the ESD Alliance, a SEMI Technology Community, announced in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 14.8%.
“The electronic design automation (EDA) industry continued to report strong revenue growth in Q1 2024,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “All product categories reported increases, with CAE, IC Physical, Semiconductor IP and Services posting double-digit upticks. Further, all geographic regions reported growth, with the Americas and Asia Pacific logging double-digit revenue gains.”
The companies tracked in the EDMD report employed 61,653 people globally in Q1 2024, a 6.9% jump over the Q1 2023 headcount of 57,696 and up 2.6% compared to Q4 2023.
The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category – Year-Over-Year Change
- Computer-Aided Engineering (CAE) revenue increased 13% to $1,621.1 million. The four-quarter CAE moving average increased 18.9%.
- IC Physical Design and Verification revenue grew 13.9% to $769.6 million. The four-quarter moving average for the category increased 17.5%.
- Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue rose 2.8% to $378.9 million. The four-quarter moving average for PCB and MCM rose 13.2%.
- Semiconductor Intellectual Property (SIP) revenue increased 18.6% to $1,578.1 million. The four-quarter SIP moving average rose 10.3%.
- Services revenue jumped 22.3% to $173.9 million. The four-quarter Services moving average rose 12.3%.
Revenue by Region – Year-Over-Year Change
- The Americas, the largest reporting region by revenue, procured $1,937.2 million of electronic system design products and services in Q1 2024, a 14.1% increase. The four-quarter moving average for the Americas rose 12.1%.
- Europe, Middle East, and Africa (EMEA) procured $579.0 million of electronic system design products and services in Q1 2024, a 9.2% increase. The four-quarter moving average for EMEA grew 14.6%.
- Japan’s procurement of electronic system design products and services grew 2.8% to $280.7 million. The four-quarter moving average for Japan increased 8.9%.
- Asia Pacific (APAC) procured $1,724.7 million of electronic system design products and services in Q1 2024, a 19% increase. The four-quarter moving average for APAC grew 19.2%.
Share on:
Suggested Items
Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems
05/08/2025 | Cadence Design SystemsAt its annual flagship user event, CadenceLIVE Silicon Valley 2025, Cadence announced a major expansion of its Cadence® Millennium™ Enterprise Platform with the introduction of the new Millennium M2000 Supercomputer featuring NVIDIA Blackwell systems, which delivers AI-accelerated simulation at unprecedented speed and scale across engineering and drug design workloads.
Zhen Ding Releases April 2025 Monthly Revenue Report
05/07/2025 | Zhen Ding TechnologyZhen Ding Technology Holding Limited, a global leading PCB manufacturer, reported April 2025 revenue of NT$13,589 million, up 22.90% YoY, marking a record high for the same period in the company’s history.
Schweizer Electronic AG: Business Development in Q1 of 2025
05/07/2025 | Schweizer Electronic AGThe Schweizer Group continued its growth trajectory in the first quarter of 2025. Revenue reached EUR 39.4 million in the first quarter of 2025, up 14.9% on the previous quarter (Q4 2024: EUR 34.4 million) and slightly above the level of the same quarter of the previous year (Q1 2024: EUR 39.2 million).
Koh Young Invites You to the 2025 IEEE Electronic Components and Technology Conference
05/06/2025 | Koh YoungKoh Young, the industry leader in True3D™ measurement-based inspection solutions, invites you to join us at the 2025 IEEE Electronic Components and Technology Conference (ECTC), taking place May 27–30, 2025, at the Gaylord Texan Resort & Convention Center in Grapevine, Texas
Global Semiconductor Sales Increase 18.8% in Q1 2025 Compared to Q1 2024; March 2025 Sales up 1.8% MoM
05/06/2025 | SIAThe Semiconductor Industry Association (SIA) announced global semiconductor sales were $167.7 billion for the first quarter of 2025, an increase of 18.8% compared to the first quarter of 2024 but 2.8% less than the fourth quarter of 2024.