PCB Design Software Market Segmentation by Component (Software, and Services); by Type (PCB Layout, and Schematic Capture); by Deployment (Cloud, and On-Premise); by Enterprise Size (Small & Medium Enterprises, and Large Enterprises); by Operating Platform (Windows, MacOS, Linux, and Others); by Application; by User; and by Industry Verticals – Global Demand Analysis & Opportunity Outlook 2019-2028

Global PCB Design Software Market Highlights Over 2019 - 2028

The global PCB design software market garnered a revenue of USD 1140000 Thousand in 2019 and is further expected to grow up to USD 1979174.4 Thousand by the end of 2028 by growing with a CAGR of 6.8% during the forecast period, i.e., 2020-2028. The growth of the market can be attributed to the increasing applications of PCB in defense and automotive industries, growing implementation of advanced technologies, miniaturization of electronic devices, and for the growing advancements in technology. In the recent years, the demand for electronic devices has surged significantly. The sales of products such as smartphones, consumer appliances, and others have also witnessed massive growth. As a result, there is a rise in demand for PCB design software which are used to print circuit boards for use in these consumer devices. Besides this, the PCB design software allows engineers to efficiently design a circuit board which helps to address the abnormalities associated while manufacturing a product. The software is also used widely for designing 2D and 3D multi-boards, and also in designing various electrical parts for use in electric vehicles.

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Furthermore, with the growing demand for unmanned aerial vehicles (UAVs), the need for complex circuit boards has grown significantly, which in turn is anticipated to drive the market growth. The market is also anticipated to grow on account of the growing sales of electric vehicles around the globe. According to the statistics by the International Energy Agency (IEA), the global electric car stock increased from 0.22 Million in 2013 to 4.79 Million in 2019.

Global PCB Design Software Market Regional Synopsis

Regionally, the global PCB design software market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is anticipated to hold the largest market share of 38.28% by the end of 2028 and further reach a revenue of USD 757672.4 Thousand in the same year. Amongst the countries in the region, the market in the United States is expected to grow with the highest CAGR of 7.2% during the forecast period. The growth of the market in the region can be attributed to the growing semiconductor industry in the country, and for the rapid adoption of automation systems, which is driving the need to design advanced circuit boards.

Further, the market in Europe is expected to hold the second leading stance by attaining a market revenue of USD 601351.9 Thousand by the end of 2028, up from USD 359100 Thousand in 2019. Growing demand for multi-board designing applications in the end user industries, increasing research and developments in the field of science and technology, and for the growing need amongst engineers to effectively create circuit boards are some of the major factors anticipated to drive the market growth in the region. The market in the region is segmented on the basis of country into Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, and Rest of Europe, out of which, the market in Germany is expected to hold a significant market share of 18.65% and further attain a market revenue of USD 112151.5 Thousand by the end of 2028, up from USD 66074.4 Thousand in 2019. The market in France, on the other hand, is expected to grow with the highest CAGR of 8.1% during the forecast period.

The study further incorporates Y-O-Y Growth, market opportunities, demand & supply and forecast future opportunity in North America (United States, Canada, Mexico), South America, Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

Growth Drivers and Challenges Impacting the Growth of the Global PCB Design Software Market

Growth Drivers

• Increasing Application of PCB in End User Industries
• Rapid Advancements in Consumer Electronics

Challenges

• Availability of Open-Source PCB Design Software
• Implementation of Strict Standards for PCB Design

Global PCB Design Software Market Segmentation Synopsis

The global PCB design software market is segmented by component into software and services, out of which, the software segment is anticipated to hold the largest market share and grow with the highest CAGR of 7.3% during the forecast period. On the basis of type, the market is segmented into PCB layout, and schematic capture, out of which, the PCB layout segment is expected to hold the largest market share and further grow with the highest CAGR of 7.3% during the forecast period. The market is also segmented on the basis of deployment into cloud and on-premise, out of which, the cloud segment is anticipated to grow with the highest CAGR of 9.5% during the forecast period. The on-premise segment, on the other hand, is projected to hold the largest market share by the end of 2028. Further, the market is segmented on the basis of enterprise size into small & medium enterprises, and large enterprises. Amongst these segments, the large enterprises segment is anticipated to hold the largest market share and further grow with the highest CAGR of 7.1% during the forecast period. On the basis of operating platform, the market is segmented into Windows, MacOS, Linux, and others, out of which, the Windows segment is expected to hold the largest market share and further attain a revenue of USD 1600344.5 Thousand by the end of 2028, up from USD 944,475.2 Thousand in 2019. The market is also segmented on the basis of application into 2D/3D multi board design, data management, IC packaging design & verification, computing & collaboration, and others. Amongst these segments, the 2D/3D multi board design segment is projected to attain the largest market revenue of USD 991934 Thousand by the end of 2028.

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On the basis of user, the market is segmented into electronics engineers, teachers, and others. Amongst these segments, the electronics engineers segment is anticipated to hold the largest market revenue of USD 1930518.2 Thousand by the end of 2028, up from USD 1107573.8 Thousand in 2019. Further, on the basis of industry verticals, the market is segmented into aerospace & defense, mobile devices, IT & telecommunication, electronics & hi-tech, healthcare & life science, automotive, transport & logistics, research & education, industrial controls automation, and others. Amongst these segments, the mobile devices, IT & telecommunication segment is expected to hold the largest market revenue of USD 552169.4 Thousand by the end of 2028.

Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global PCB design software market that are included in our report are Autodesk Inc., Cadence Design Systems, Inc., Siemens AG, ANSYS, Inc., Altium Limited, Zuken, Novarm Limited (DipTrace), National Instruments Corporation, Synopsys, Inc., and others.

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