According to the data released by SEMI, ESD industry revenue in Q1 2024 reached $4,521.6 million, up 14.4% year-on-year.
🟦EDA Industry in Q1 2024: Sales and Growth in Key Categories
According to SEMI, the electronic systems design (EDA) industry recorded double-digit growth in all major categories in the first quarter of 2024, reaching $4,521.6 million (¥705.4 million), up 14.4% year-over-year. Particularly notable growth was seen in the CAE, IC Physical Design and Verification, Semiconductor IP, and Services categories.
Specifically, year-over-year comparisons and figures are as follows:
- CAE: Up 13% to $1,621.1 million (¥252.9 billion)
- IC Physical Design and Verification: Up 13.9% to $769.6 million (JPY 120.0 billion)
- PCBs and MCMs: Up 2.8% to $378.9 million (¥59.0 billion)
- Semiconductor IP: Up 18.6% to $1,578.1 million (¥246.2 billion)
- Services: Up 22.3% to $173.9 million (¥27.1 billion)
🟦EDA Industry in Q1 2024: Sales and Growth by Region
Regionally, the Americas and Asia-Pacific (APAC) regions witnessed particularly high growth. Positive growth was achieved in all regions, driven by technological innovation and increased demand in each region. The rapid development of the semiconductor industry, especially in the APAC region, is driving the growth.
Specifically, year-over-year comparisons and figures are as follows:
- Americas: Up 14.1% to $1,937.2 million (¥302.0 billion)
- APAC: Up 19% to $1,724.7 million (¥269.1 billion)
- Europe, Middle East and Africa: up 9.2% to $579 million (¥90.3 billion)
- Japan: up 2.8% to $280.7 million (¥43.8 billion)
🟦Summary
The ESD industry witnessed strong growth of $4,521.6 million in Q1 2024, up 14.4% year-over-year, thanks to the latest data from SEMI. Double-digit growth was achieved in both key categories and regions, with particularly strong contributions from CAE, IC Physical Design and Verification, Semiconductor IP, and Services. Further growth is expected in the future due to technological innovation and rising demand.
While the U.S. and Asia are experiencing double-digit growth, Japan is growing at only 2.8%. This may indicate that Japan’s design industry is experiencing a relative slowdown in growth compared to other regions.
