The global electrical computer-aided Design (ECAD) market is booming as the growing demand for electronic design automation (EDA) and increasing use of cloud-based ECAD tools, due to which the market is expected to grow at a CAGR of 8.7% from 2023 to 2032

Market Research Future (MRFR) has published on the “Global electrical computer-aided Design (ECAD) market”.

Electrical Computer-Aided Design (ECAD) s are also becoming increasingly popular for live streaming and gaming. This is because they allow users to interact with their audience in real time. In addition, Electrical Computer-Aided Design (ECAD) s can be used to record gameplay footage, which can be shared with others online. Live streaming is a popular way for people to share their thoughts and experiences with others. It can also be used to build a following and generate income. Online streaming platforms such as YouTube are attracting the young population to interact with the audience through live streaming. In addition to this, Gaming is another popular activity that is often live streamed. This allows viewers to watch and learn from professional gamers, or to simply enjoy the excitement of the game. The popularity of live streaming and gaming is expected to continue to grow in the coming years, which will further drive demand for Electrical Computer-Aided Design (ECAD) s as Electrical Computer-Aided Design (ECAD) s is a very important aspect of streaming.

The Electrical Computer-Aided Design (ECAD)  market is estimated to register a CAGR of 8.7% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Electrical Computer-Aided Design (ECAD)  market - Zuken, Aucotec AG, WSCAD, Mentor Graphics (Siemens), Autodesk Inc., SIENNA ECAD Technologies, Dassault Systèmes SE, Trimble Inc., HEXAGON AB, IGE+XAO Group, EPLAN Software & Service GmbH & Co. KG (EPLAN), Bentley Systems, Inc., ALPI International Software SA, Cadence Design System Inc.

Market Highlights

The global Electrical Computer-Aided Design (ECAD)  market is expected to register a CAGR of 8.7% during the forecast period and is estimated to reach USD 5400.0 million by 2032.

ECAD is a simulation software that is used to create and modify both diagrams and layouts, to design, assess, and document electronic circuits. The increasing use of cloud-based ECAD tools and rising demand for electronic design automation (EDA) are contributing to the growth of the global electrical computer-aided design (ECAD) market. Moreover, the proliferation of smart grids and smart metering is projected to create opportunities in the global electrical computer-aided design (ECAD) market. However, the lack of technical expertise and concerns regarding the piracy of engineering software might hamper the growth of the global electrical computer-aided design (ECAD) market.

Access full report @ https://www.marketresearchfuture.com/reports/electrical-computer-aided-design-market-8235

Segment Analysis

The global Electrical Computer-Aided Design (ECAD)  market has been segmented based on Component, Industry Type, Application, and Industry Vertical.

Based on components, the global Electrical Computer-Aided Design (ECAD) Market segmentation includes Services and Software. The software segment is the largest market segment, accounting for 59.3% of the total market share.

Based on industry Type, the Electrical Computer-Aided Design (ECAD) market is divided into the Discrete Industry Process Industry. The segment Discrete Industry hold 71.4% of the total market share.

Based on Application, the global Electrical Computer-Aided Design (ECAD) Market segmentation includes Industrial Machine Control, Plant Design, Mining Equipment Control, Rail Signaling, Switchgear Design, Water Treatment & Distribution System Control, Others. The Industrial Machine Control segment holds the majority market share in 2022 contributing 23% of the market share.

Based on Industry Vertical, the global Electrical Computer-Aided Design (ECAD) Market segmentation includes Automotive, Aerospace & Defense, Railway, Equipment and Machinery, Construction, Power Generation & Energy, Oil & Gas, Food & Beverages, Others. Automotive segment holds the majority market share in 2022 contributing 31.7% of the market share.

Regional Analysis

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of World. In terms of revenue, North America held the largest share of 34.3% in the Electrical Computer-Aided Design (ECAD)  market in 2022 and is expected to maintain its dominance during the forecast period. The major electronics and semiconductor companies in the US are increasingly adopting 3D printing technologies with help of computer-aided design for printed circuit board designs. 3D modeling is one of the leading application areas wherein ECAD is predominantly being used. Moreover, the use of ECAD is widely being used in the automotive industry for vehicle crash development, durability simulation, NVH simulation, and product data management. This widespread use of ECAD software has subsequently increased the production efficiency of automobiles. Cloud-based ECAD software is gaining popularity in North America. This is due to the fact that cloud-based software allows engineers to view their ideas from any location, which improves collaboration and efficiency. The manufacturing enterprises in Canada are rapidly adopting visual representation techniques in the manufacturing of distinct parts and equipment. Moreover, the education and research sectors in Canada are providing various support and training services to students as well as industry professionals. Major market players operating in the region are Autodesk Inc., Bentley Systems Inc., Trimble Inc., Cadence Design Systems Inc., and Mentor Graphics (Siemens), among others.

Europe has been segmented into the UK, Germany, France, and the rest of Europe. The market growth is mainly attributed to advancements in cloud-based ECAD tools and services. The major factor contributing to the growth of the electronic computer-aided design (ECAD) market in Europe is the low cost of adoption and greater storage capabilities of cloud-based solutions and services. The collaboration of major players with small start-ups for the development of computer-aided design tools is boosting the market growth.

Furthermore, Europe has a strong and advanced automotive sector that is also increasing due to the development of the manufacturing process via computer-aided design tools for the production and autonomous and semi-autonomous vehicles. BMW and Daimler AG have started simulating autonomous vehicles designing. Europe is one of the leading adopters of electrical computer-aided design software. The demand for ECAD in the region is projected to increase at a rapid pace owing to the surge in industrial automation. The key players operating in the market are EPLAN, ALPI International Software SA, Nemetschek SE, Dassault Systemes SE and IGE+XAO.

Key Findings of the Study

• The global Electrical Computer-Aided Design (ECAD) market is expected to reach USD 5,400.02 million by 2032, at a CAGR of  7% during the forecast period.


• The North America region accounted for the fastest-growing global market, imperative factors, such as the growing demand for online streaming, remote communications, video conferencing as well as remote work arrangements, making it the primary contributor to the market share.


• Based on Component, the Software segment was attributed to holding the largest market in 2022, with an approximate market share of 59.3%.


• Zuken, Aucotec AG , WSCAD, Mentor Graphics (Siemens) ,Autodesk Inc. , SIENNA ECAD Technologies , Dassault Systèmes SE ,Trimble Inc. , HEXAGON AB , IGE+XAO Group, EPLAN Software & Service GmbH & Co. KG (EPLAN), Bentley Systems, Inc., ALPI International Software SA, Cadence Design System Inc. are the key market players.