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.
Author Credits: Abhishek Verma
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