 Design Software Market.webp)
Global Printed Circuit Board (PCB) Design Software Market
PCB Design Software Market size was valued at USD 3.13 billion in 2024 and is expected to reach USD 3.9 billion by 2037, expanding at around 1.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of PCB design software is evaluated at USD 3.17 billion.
The market growth is primarily attributed to the increasing applications of PCB in the electronics industry. For instance, on March 2023, U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau stated that both countries would provide funding to boost the North American manufacturing of essential technologies, including semiconductors. The deal set aside USD 52 million for the manufacturing of PCBs as well as action to increase domestic PCB production under the Defense Production Act (DPA).
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 is 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. PCB design software is most often used by engineering firms and teams that may be involved with product development, and enhance the growth of the PCB design software market, by growing the production of the devices.
Growth Drivers
Challenges
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
1.7% |
|
Base Year Market Size (2024) |
USD 3.13 billion |
|
Forecast Year Market Size (2037) |
USD 3.9 billion |
|
Regional Scope |
|
Component (Solution, Services)
The solution segment in the PCB design software market is poised to garner the largest revenue during the forecast period. PCB design software helps speed up the design process by using pre-made designs included with the software. This will cut down on design time significantly, which will speed up product delivery. PCB design software is most commonly used by engineering businesses and product development teams. PCB design software is frequently included in systems that also include general-purpose CAD software and software for designing products and machines. The mechanical construction of a PCB may incorporate sophisticated components. Consequently, there is a growing need for PCB design software that may make the process of creating PCBs simpler, quicker, more affordable, and more effective. For instance, the US-based software company Altium Limited planned to launch Nexar in April 2021. Nexar is a cloud-based platform that would link PCB design software and component manufacturers.
Deployment Mode (On-premises, Cloud)
The on-premises PCB design software market is expected to witness the highest growth. The growth is attributed to on-premises PCB Design Software as it has been the conventional method of deploying services across numerous businesses; matter of fact, as the digital transmission of data increases, so does the potential for data intrusion.
Our in-depth analysis of the global PCB design software market includes the following segments:
|
Component |
|
|
Type |
|
|
Deployment Mode |
|
|
Organization Size |
|
|
Industry Vertical |
|
North American Market Forecast
The North America PCB design software market is projected to hold the largest revenue share by the end of 2037. North America is anticipated to dominate in terms of market size, led by growth in demand automation systems. Cloud PCB design software is the next prominent step in revolutionizing electronics engineering in the region. The cloud-based design and development tool allows project team members to design and edit their projects remotely through the Internet. Due to the remarkable benefits offered by cloud-based software, it is in higher demand than on-premise software in the North America region.
European Market Statistics
The PCB design software market in the Europe region is set to garner noteworthy growth in the upcoming years. The incorporation of services like simulation, thermal stress management, and product lifecycle management has become a new trend in PCB design software in the Europe region. Furthermore, software companies are also adding features like 3D design and visualization, integration and import tools, data management, and excellent design capabilities to make PCB design software easy to use. For instance, in 2022, Zuken launched its new solution, eCADSTAR, a PCB layout tool with simulation, 3D MCAD integration, and wire harness support. eCADSTAR is offered in a variety of configurations to fulfill different demands. Zuken's objective of an accessible, web-connected PCB design solution for the small- and medium-sized business market is further advanced with the introduction of eCADSTAR.
 Design Software Market share.webp)
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?