PCB Design Software Market to Grow at 12.9% CAGR During 2016-2026
June 21, 2018 | Globe NewswireEstimated reading time: 1 minute
Future Market Insights delivers key insights on the global PCB design software market in a new report titled “PCB Design Software Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. The global PCB design software market is anticipated to grow from $1.4 billion in 2016 to $4.7 billion by 2026, registering a CAGR of 12.9% in terms of revenue during the forecast period (2016-2026). In this report, the global PCB design software market is tracked in terms of value, and is calibrated to obtain the market revenue estimates.
PCB design software is used by engineers for designing the printed circuit board on a device, using various features that aim to address issues an engineer faces such as those related to signal and power integrity, while designing a PCB and ease the overall designing process. PCB design software is integrated with other related software such as PLM, which helps engineers to better understand designs and layouts of PCBs.
Need to ease the design process and growing complexity of circuits are factors anticipated to drive growth of the global PCB design software market over the forecast period. Growth in the end-user industries are further expected to push the demand for global PCB design software market during the forecast period. However, rapid introduction of new technologies and pirated software are major challenges expected to be faced by market players in the global PCB design software market during the forecast period.
Regional projections
The section - market analysis by region, includes an in-depth country level analysis of all global regions namely, North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa, provides market data in terms of value for 2016-2026. In 2015, market in North America region dominated the overall global PCB design software market, followed by the market in Asia Pacific excluding Japan region. The PCB design software market in Asia Pacific excluding Japan region is forecast to expand at the highest CAGR over the forecast period.
Suggested Items
Aismalibar to Showcase Thermal Management Solutions for EV Battery Systems at The Battery Show North America 2024
09/27/2024 | AismalibarAismalibar, a leader in innovative thermal management materials, will be presenting its newest solutions for electric vehicle (EV) battery systems at The Battery Show North America from October 7-11, 2024. Located at Huntington Place, Detroit, MI, Aismalibar will exhibit at booth 6231, unveiling a range of cutting-edge Thermal Interface Materials (TIMs) designed to improve the safety, performance, and longevity of EV batteries.
TSMC Expands Collaboration with Ansys by Integrating AI Technology to Accelerate 3D-IC Design
09/27/2024 | ANSYSAnsys and TSMC have expanded their collaboration to leverage AI for advancing 3D-IC design and develop next generation multiphysics solutions for a wider array of advanced semiconductor technologies.
Silicon to Systems: A Wake-up Call for the Industry
09/26/2024 | Andy Shaughnessy, Design007 MagazineDuane Benson, founder of Positive Edge, has been working with silicon and packaging for longer than some of our newer readers have been alive. We asked him to share his thoughts on silicon to systems, which Duane says is much more than a buzzword—it’s a wake-up call for the industry.
Connect the Dots: Designing for Reality: Outer Layer Imaging
09/26/2024 | Matt Stevenson -- Column: Connect the DotsWelcome to the next step in the manufacturing process—the one that gets the chemical engineer in all of us excited. I am referring to outer layer imaging, or how we convert digital designs to physical products. On a recent episode of I-Connect007’s On the Line with… podcast, we explained how the outer layer imaging process maps the design’s unique features onto the board.
Siemens Extends Collaboration with TSMC to Advance Integrated Circuit and Systems Design
09/25/2024 | SiemensSiemens Digital Industries Software today announced it has extended its longstanding collaboration with TSMC through multiple new development projects, product certifications and innovative technology enablement for the foundry’s newest process technologies.