SAN JOSE – Electronic design automation industry revenue increased 18.1% year-over-year in the third quarter of 2011 to $1.54 billion, says the EDA Consortium.

Sequential EDA revenue increased 7.4%, while the four-quarters moving average grew 17.8%.

“Growth in the EDA market was exceptionally robust across the board,” said Walden C. Rhines, EDAC chair and chairman and CEO of Mentor Graphics. “Revenue grew in every major product category and in every region.”

Printed circuit board and multichip module revenue grew 11.6% year-over-year to $140.3 million. The four-quarters moving average for PCB and MCM sales increased 21.7%.

The largest category, computer-aided engineering, generated revenue of $566.7 million, a 10.5% increase over the same period in 2010. The four-quarters moving average for CAE was up 16.3%, says the firm. IC physical design and verification revenue was $338.3 million for the quarter, up 16% year-over-year. The four-quarters moving average increased 10.1%. Semiconductor IP revenue totaled $410 million, up 37.4% year-over-year. The four-quarters moving average increased 28.4%. Services revenue was $88.7 million in the third quarter, up 13.1% year-over-year. The four-quarters moving average increased 8.5%.

The Americas, EDA's largest region, purchased $706.7 million of EDA products and services during the period, up 22.4% compared to the same quarter in 2010. The four-quarters moving average for the Americas increased 20.1%, according to EDAC. Revenue in Europe, the Middle East, and Africa was up 14.9% year-over-year on revenues of $257.9 million. The EMEA four-quarters moving average increased 9.6%. Japan sales increased 11.1% to $256.9 million. Japan’s four-quarters moving average increased 16%. Asia/Pacific increased to $322.4 million, up 17.6%. The four-quarters moving average increased 22.1%.

Companies tracked employed 27,162 professionals in the third quarter, up 2.6% year-over-year and 1.7% sequentially.