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Research and Markets has announced the addition of the "Global PCB Design Software Market 2014-2018" report to their offering. The Global PCB Design Software market to grow at a CAGR of 5.86% over the period 2013-2018.
A PCB design software is a subpart of an electronic design automation (EDA) tool. It is an open-source and free of cost software used to design the layout of a PCB. Designing the layouts and schematics of a PCB, which was initially drawn manually, now is replaced by PCB design software. PCB design software helps designers to visualize the proper layouts of the design, which is then printed using digital printing technology. This software helps increase productivity by reducing the manual interventions on complex designing processes and hence increasing the overall accuracy.
Increased use of electronics in modern cars is one of the future trends that is expected to drive the growth of the PCB design software market worldwide.
According to the report, the need to reduce the time-to-market is one of the major growth drivers in the Global PCB Design Software market. PCB design software improves the time-to-market of a product by reducing the PCB design cycle time and the PCB testing time.
Further, the report states that easily available open-source PCB design software is one of the key challenges of the Global PCB Design Software market. There are many websites that offer open-source PCB design software; this adversely affects the sales of commercial PCB design software in the market.
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