Software decreases potential of errors that can cause PCB failure or defects etc. PCB design software has been in use in the semiconductor industry as it enables more efficient production of circuit boards efficient. Another factor boosting revenue growth is increasing demand of PCB design software for production of components and PCBs for applications in semiconductors and industrial automation sectors and industries. Increasing need to reduce design time and need for more advanced digital technologies for more accurate visualization and production of PCBs are among some of the major factors driving market revenue growth. Vancouver, B.C., OctoThe global PCB design software market size reached USD 1.15 Billion in 2020 and is expected to register a revenue CAGR of 6.9%, during the forecast period, according to latest analysis by Emergen Research. Market Size – USD 1.15 Billion in 2020, Market Growth – at a CAGR of 6.9%, Market Trends – Rise in demand for PCB design software in the semiconductor industry Increasing need to reduce design time and increasing need for visualization for efficient PCB design are driving the market revenue growth.
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