Constant Innovation and End-user Demand to Boost the CAE Tools Market for PCB Design
Palo Alto, CA (PRWEB) March 10, 2006
Emerging trends of globalization, combined with growing importance of electronics in diverse industry segments, is transforming the North American computer aided engineering (CAE) tools market for printed circuit board (PCB) design. Advances in CAE technology that facilitate the development of PCB designs are encouraging end users to increase their usage of these tools.
New analysis from Frost & Sullivan (http://www.electronics.frost.com), North American CAE Tools Market for PCB Design, reveals that the CAE tools market for PCB design earned revenues of $ 187.2 million in 2005 and expects to reach $ 253.3 million by 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American CAE Tools Market for PCB Design, then send an e-mail to Tori Foster, Corporate Communications at [email protected] with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.
“An important factor that propels the CAE tools market for PCB design is the need for more complex circuit designs,” explains Frost & Sullivan Research Analyst M. Hemendhira. “The increasing number of layers on PCBs with numerous components and higher interconnects spurs the development of more advanced simulation tools and ushers forth the role of continuous technology innovation as a core competitive advantage for CAE tools market for PCB design.”
With the advent of CAE tools, the time taken to complete and establish PCB design has greatly reduced, thus helping OEMs and ODMs to easily meet the increasing demands of end users. There is an ever increasing need for faster time-to-market and driving participants in the CAE tools industry to innovate high-quality tools at a more rapid pace by lowering the design-cycles. This is expected to reduce payback period for the companys product development investment without infringing on the technological growth.
The possible technological challenge to CAE tools market for PCB design in the long term will be to address the issue of accurately modeling the physical model of high-speed PCB interconnects, says Hemendhira. The need is to continuously analyze the interconnect and the functional simulation of the PCB to adapt to the actual physical design.”
As interconnect technologies transfer large amounts of information at high speeds, the functional simulation must be of high quality in order to minimize product errors and technical problems.
Moreover, licensing of short-term and certain application-specific software solutions restricts end users from employing CAE tools for a short period. When employing tools for few months, end users find that the prices are prohibitive, as it includes considerable maintenance and servicing fee.
To overcome this challenge in licensing of short-term tools, solution providers need to reduce the costs of these tools by lowering the maintenance and servicing fee depending on the period of employment. Tools employed for longer duration can be charged more for maintenance and licensing, thereby ensuring balanced distribution of tool costs among the software, maintenance and servicing segments as well as attract customers from diverse industrial segments.
Nonetheless, as technology advances, the CAE tools market for PCB design will overcome these development issues and create more cost-effective and high-quality design tools by providing updates and establishing efficient maintenance of software tools across geographically distributed regions that are set to raise the revenues for the CAE market.
North American CAE Tools Market for PCB Design is part of the 9435-A3 subscription. It provides detailed insights into recent developments and trends. The study also discusses the prevailing market drivers and industry challenges and gives an overview of the revenue forecasts and market shares. Executive summaries and analyst interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com.
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