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News >> Technology >>
Chip design automation; the next revolution
By siliconindia
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Tuesday, 07 August 2007, 19:30 IST
Bangalore: The market for chip designing in India is expected to develop by leaps and bounds. Chip designing has been a good business proposition for Indian technology firms. Now, the market is moving towards the next step, designing tools that automate the chip designing process itself.
With electronic equipment consumption growing in India, electronic design automation (EDA) companies, which supply software tools to design chips for consumer appliances such as mobile phones, TV, personal digital assistant (PDA) and music players, are witnessing rapid growth.
This growth is expected to accelerate with more players entering the fray in the coming years as electronics consumption goes up significantly, reported Business Standard.
At present, there are seven EDA companies, both multinational and Indian, operating in the country. The India Semiconductor Association (ISA) expects more domestic players to start providing EDA tools to chip designers. The Indian EDA industry consists of EDA product companies as well as EDA service companies catering to the needs of the former.
"We are witnessing the entry of more MNCs to serve their clients in India. Also, there are start-ups entering the EDA space. Companies are are tying up with educational institutes for research into EDA tools. The Indian EDA product market which was worth $110 million in 2004 is expected to be around one billion dollar by 2015," says Poornima Shenoy, ISA President.