Electrical and Electronic Computer-Aided Design Market Overview:
The Electrical and Electronic Computer-Aided Design Market is expected to expand at 8.62% CAGR over the forecast period (2020-2030).
The ECAD market is driven by a number of factors, including the increasing demand for electronic devices, the growing complexity of electronic systems, and the rising adoption of cloud-based ECAD solutions.
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Key Companies in the Electrical & Electronic Computer-Aided Design (ECAD) Market:
- Dassault Systèmes SE
- EPLAN Software & Service
- Siemens PLM Software
- Autodesk, Inc.
- Trimble Inc.
- Bentley Systems, Inc.
- Altium Limited
- Cadence Design Systems
- Mentor Graphics Corporation
- Zuken Inc.
- Synopsys, Inc.
- Keysight Technologies, Inc.
Market Segmentation:
The ECAD market is segmented by component, by industry type, by application, by vertical, and by region.
By Component:
- Schematic capture software
- PCB design software
- Simulation software
- Analysis software
- Manufacturing software
By Industry Type:
- Semiconductor
- Electronics
- Automotive
- Aerospace & defense
- Telecommunications
- Consumer electronics
- Healthcare
- Industrial
By Application:
- PCB design
- Integrated circuit design
- System-on-chip (SoC) design
- Engineering change orders (ECOs)
- Documentation
By Vertical:
- Original equipment manufacturers (OEMs)
- Contract manufacturers (CMs)
- Design houses
- Educational institutions
- Government and research institutions
Regional Insights:
The North America region is expected to dominate the global ECAD market during the forecast period, due to the presence of a large number of electronic device manufacturers and design houses in the region. The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period, due to the increasing demand for electronic devices in the region.
Industry Latest News:
- In September 2023, Dassault Systèmes SE announced the acquisition of Altium Limited, a leading provider of ECAD software. This acquisition is expected to strengthen Dassault Systèmes' position in the ECAD market.
- In August 2023, Siemens PLM Software announced the release of Solid Edge 2024, its latest version of ECAD software. Solid Edge 2024 includes a number of new features, such as improved PCB design capabilities and enhanced simulation tools.
- In July 2023, Autodesk, Inc. announced the release of AutoCAD Electrical 2024, its latest version of ECAD software. AutoCAD Electrical 2024 includes a number of new features, such as improved wire routing capabilities and enhanced documentation tools.
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Conclusion:
The global ECAD market is expected to grow significantly in the coming years, driven by the increasing demand for electronic devices, the growing trend of miniaturization and complexification of electronic devices, and the growing adoption of cloud-based ECAD solutions. The Asia Pacific region is expected to be the largest and fastest-growing market for ECAD during the forecast period.
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