Research PCB Design Software Market | Page 4

PCB Design Software Market

PCB Design Software Market Anticipated to Register a Value CAGR of 12.9 % by 2016-2026
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 US $ 1,409.3 Mn in 2016 to US $ 4,755.1 Mn 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 .
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