PCB DESIGN SOFTWARE MARKET ANALYSIS
Global PCB design software market size was valued at US$ 3.56 Bn in 2022 and is expected to exhibit a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030.
Global PCB Design Software Market-Trends
Recent trends in PCB design software market includes integration of services such as simulation, thermal stress management, and product lifecycle management (PLM). Validating the functionality of a circuit before fabricating saves time and cost. Moreover, PLM software provide engineers an overall idea in terms of simulation regarding how the product will perform in different situations. For instance, Siemens AG’s, Automation Company, PLM software, Team center, supports PCB design, and simulation.
Machines and vehicles deployed for defense applications are frequently reviewed in order to keep it updated with changing regulatory norms. Moreover, recent trends in military applications include the advent of UAV built with next-generation technologies. Monitoring of these UAVs is carried out by using computers. Therefore, PCB design software vendors are introducing features that support next-generation technologies.
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