According to a new report Global Technology CAD Software Market, published by KBV research, The Global Technology CAD Software Market size is expected to reach $272.7 Million by 2026, rising at a market growth of 12.3% CAGR during the forecast period.
The solar cells segment has led the Technology Computer-Aided Design (TCAD) software market and has the largest revenue share in the year 2019. This is accredited to the increasing usage of solar cells in electricity generation, electric vehicles, and solar-powered vehicles. The CMOS segment is anticipated to grow at a healthy CAGR in the technology computer-aided design software market over the foreseeable period. Complementary metal-oxide-semiconductor (CMOS) is widely used in microcontrollers, microprocessors, and digital cameras.
North America led the technology computer-aided design software market and had the largest revenue share in the year 2019. This is due to the presence of a large number of technology Computer-aided design software providers and manufacturing companies of semiconductors in this region. The market for technology computer-aided design software in the Asia Pacific increasing at a higher CAGR in the coming years. The increasing adoption of technology Computer-aided design software in this region is anticipated to surge on account of the rising number of electronics manufacturing companies in this region, such as in China.
Full Report: https://www.kbvresearch.com/technology-cad-software-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Siemens AG, Autodesk, Inc., Dassault Systemes SE, NTT Data Corporation (NTT Data Mathematical Systems, Inc.), Synopsys, Inc., PTC, Inc., Grabert GmbH, Crosslight Software, Inc., Cogenda Pte. Ltd., and Silvaco, Inc.
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