Albany, NY -- (SBWIRE) -- 01/05/2016 -- EDA comprises software tools that are used to design electronic systems such as PCBs and ICs. It enables electrical engineers (hardware engineers) and computer engineers (software engineers) to design, analyze, and simulate semiconductor chips. It also encompasses algorithms and methodologies for the design of VLSI circuits. CAE, IC physical design and verification, PCB and MCM, SIP, and Services together contribute to the growth of the Global EDA market. Various EDA tools available in the market are used to design and develop complicated and large-scale circuits. EDA tools help semiconductor and electronic products manufacturing companies reduce product development time and increase the accuracy of design. It is widely used to manufacture many electronics components in the automotive industry.

Technavio's analysts forecast the global EDA market in the automotive industry to grow at a CAGR of 11.14% over the period 2014-2019.

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http://www.researchmoz.us/global-eda-market-in-the-automotive-industry-2015-2019-report.html

The report covers the current scenario and the growth prospects of the global EDA market in the automotive industry for the period of 2015-2019. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.

It presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, the report discusses the major growth drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.

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Key regions-
Americas
APAC
EMEA

Key vendors-
Cadence Design Systems
Mentor Graphics
Synopsys

Other prominent vendors-
Agilent
Agnisys
Aldec
Ansys
JEDA Technologies
MunEDA
Zuken
Market driver

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