PCB Design Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of PCB Design Software Market
The PCB design software market size was valued at USD 2.86 billion in 2022, and the market is now projected to grow from USD 3.24 billion in 2023 to USD 8.52 billion by 2030, exhibiting a CAGR of 14.8% during the forecast period of 2023-2030.
The PCB design software program market experienced a brief setback all through the COVID-19 pandemic as lockdowns disrupted production procedures and reduced demand for digital merchandise. However, expanded adoption of cloud-primarily based software answers amid the disaster in the end strengthened market increase, allowing PCB manufacturing businesses to evolve to far flung paintings environments and streamline their design approaches.
In reaction to the developing call for error minimization and innovation in PCB layout, the electronics enterprise is witnessing big software improvement geared toward optimizing time management and reducing errors in product development. This fashion not only complements manufacturing prices but additionally facilitates scalable integration for complicated circuit designs. Additionally, with technological advancements using the miniaturization of PCBs, key enterprise gamers are intensifying efforts to expand advanced PCB answers, thereby fostering aggressive blessings inside the market.
The integration of Product Lifecycle Management (PLM) inside PCB design software program emerges as a pivotal trend, providing comprehensive management of data and tactics throughout the whole product lifecycle. By incorporating data from diverse resources which include items, parts, necessities, and satisfactory workflows, PLM enhances efficiency and collaboration across international supply chains, optimizing engineering alternate orders and facilitating seamless coordination from layout to production.
Comprehensive Analysis of PCB Design Software Market
The PCB design software market growth is rising at an exponential rate due to its market segmentation. This marketplace enlargement successfully affords an in-depth local exam thinking about the dominant deliver and demand forces that effect the enterprise. These segmentations are methodically segregated by deployment analysis, by application analysis. By deployment analysis include, cloud and on-premise. By application analysis include, computer & consumer electronics, telecommunication equipment, medical devices, industrial equipment, automotive components, and others.
The North America region lead the PCB design software market share by benefitting a market size of USD 0.96 billion in 2022 due to early tech-driven innovations and a rising preference for high-speed analog circuits across multiple industries.
The pinnacle players inside the market play a critical function in the enterprise assuring market growth and placing marketplace requirements. These players include, Altium Limited (Australia), ANSYS, Inc. (U.S.), National Instruments Corp (U.S.), Autodesk Inc. (U.S.), Downstream Technologies, LLC (U.S.), Cadence Design Systems, Inc. (U.S.), KiCad (U.S.), Siemens (Germany), EasyEDA (China), Novarm Limited (Dip Trace) (U.S.), Ucamco (Belgium), Zuken (Japan) these market players provide a level-playing competitive landscape.
In December 2022, Catapult Compound Semiconductor Applications (CSA) and Zuken collaborate to transition power component layout from 2D to 3D models, facilitating multi-board System PCB design integrating mechanical and electrical components simultaneously.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 14.8% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Deployment, Application, and Region
By Deployment Cloud
On-premise
By Application Computer & Consumer Electronics
Telecommunication Equipment
Medical Devices
Industrial Equipment
Automotive Components
Others (Aerospace & Defense, Safety and Security Equipment)
By Region North America (Deployment, Application, Country)
- U.S.
- Canada
- Mexico
Europe (Deployment, Application, Country)
- U.K.
- Germany
- Italy
- France
- Russia
- Spain
- Benelux
- Nordics
- Rest of Europe
Asia Pacific (Deployment, Application, Country)
- China
- Japan
- India
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Middle East & Africa (Deployment, Application, Country)
- Turkey
- GCC
- Israel
- North Africa
- South Africa
- Rest of Middle East & Africa
South America (Deployment, Application, Country)
- Brazil
- Argentina
- Rest of South America
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