London, 29 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global PCB Design Software Market 2014-2018, which is expected to grow at a CAGR of 5.86 percent during the period 2014–2018.
PCB software is a subsidiary of EDA tools. It is open-source software that is used to design the layout of a PCB. This software helps designers visualize the proper layouts of PCB designs, which are printed using digital printing technologies. Thus, it helps designers to design PCBs with ease and enhanced quality. The software reduces manual interventions in complex designing processes and increases the overall accuracy and productivity.
“End-users can buy design suites with the required number of applications at an affordable price,” says Faisal Ghaus, Vice President of TechNavio.
“These suites provide end-users with a variety of applications at different prices, which helps to increase the use of the PCB design suite by SME organizations.”
Key Market Drivers
- Reduced Time-to-market
- Growing Adoption of EDA across Various Industries
- Demand in Electronics Industry
- Steady Growth of PCB Industry
Key Market Trends
- Increase in Use of Electronics in Modern Cars
- Availability of Cloud-based PCB Design Software
- Availability of Customized Design Suites
- Next-generation PCB Design Suites
Key Market Vendors
- Cadence Design Systems Inc.
- Mentor Graphics Inc.
- Zuken Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
