The new report recognizes the following companies as the key players in the Global PCB Design Software Market: Cadence Design Systems Inc., Mentor Graphics Inc. and Zuken Inc.
Other Prominent Vendors in the market are: Ansys, Altium, Forte Design Systems and Synopsys.
Commenting on the report, an analyst from the report's team said: “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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.