US and Europe PCB Design Market Analysis

  • Report ID: 4712
  • Published Date: Feb 22, 2023
  • Report Format: PDF, PPT

US and Europe Printed Circuit Board (PCB) Design Segmentation

By Industrial Vertical - (Industrial Automation & Control, Consumer Electronics, Aerospace & Defense, IT & Telecommunication, Healthcare and others)

The US and Europe printed circuit board (PCB) design market is segmented and analyzed for demand and supply by industrial vertical into industrial automation & control, consumer electronics, aerospace & defense, it & telecommunication, healthcare, and others. Out of the six types of industry verticals, the industrial automation & control segment is estimated to gain the second-largest market size of USD 1302.3 million at the end of 2035, by growing at a CAGR of 11.1% over the projected time frame. The segment garnered a revenue of USD 331.6 million in 2022. The growth of the segment can be attributed to the rising use of industrial automation & equipment, such as robots in industries and factories. Manufacturing in North America is rapidly embracing robotics and automation, with sales of robots reaching a record high of around 40,000 in 2021, a significant 28% increase over 2020.

Deployment Mode (On-Premises, Cloud)

The US and Europe printed circuit board (PCB) Design market is also segmented and analyzed for demand and supply by deployment mode into on-premises, and cloud. Amongst these two segments, the cloud segment is expected to garner a significant share at the end of 2035. The segment is anticipated to grow at a CAGR of 11.8% over the forecast period. Additionally, the market generated a significant market revenue in 2022. The segment growth is expected to on the account of higher adoption of cloud by the companies and rising cloud services for printed circuit board. According to the Eurostat, 42% of businesses in the EU were using cloud computing in 2021. This is a 6 percentage point (pp) increase from 2020, which is more than twice the proportion of the year 2016. Moreover, in 2021, 41% of EU businesses adopted cloud computing. Furthermore, KLA Corporation has announced the release of Frontline Cloud Services, a software programme that quickens the analysis of complicated printed circuit boards' design for manufacture (DFM) and their time to market (TTM) (PCBs). KLA is moving its tried-and-true CAM and engineering skills to the cloud, where compute power is practically limitless.

Our in-depth analysis of the global market includes the following segments:

           By Component

  • Solution
  • Services

            By Type

  • PCB Layout
  • Schematic Capture

            By Deployment Mode

  • On-Premises
  • Cloud

           By Organization Site

  • Small and Medium Enterprises
  • Large Enterprises

           By Industrial Vertical

  • Industrial Automation & Control
  • Consumer Electronics
  • Aerospace & Defense
  • IT & Telecommunication
  • Healthcare
  • Other

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

Rising demand for semiconductors, higher adoption of smart devices, a higher number of devices connected to IoT, and growing automation of the industries are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 11% over the forecast period, i.e., 2023-2035.

Lack of cheap labor, the rising price of raw material, large scale availability of open0source PCB developer are estimated to be the growth hindering factors for the market expansion.

The market in the United States region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Dassault Systemes, Novarm Limited, Altium Limited, Synopsys, Inc., WestDev Ltd., ANSYS, Inc., ZUKEN, Inc., Siemens AG, Cadence Design Systems, Inc., and Autodesk, Inc.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, type, deployment type, organization site, industry vertical, and by region.

The industrial automation & control segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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