PCB Design Software Market Report 2023, Market Size, Share, Growth, CAGR, Forecast, Revenue

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Key Insights from PCB Design Software Market Report

The printed circuit board design software market was valued at USD 2.95 billion in 2022 and will reach USD 8.41 billion by 2030, registering a CAGR of 14% for 2023-2030.

Preview of Global PCB Design Software Market Revenue

PCB Design Software Industry Statistics

Base Year	2023
Historical Data Time Period	2018-2023
Forecast Period	2023-2030

PCB Design Software Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!

PCB Design Software Market Report Description

Introduction of PCB Design Software

Electronic engineers use PCB design software to create printed circuit board layouts. The program is used by engineers to cooperate on the design process, retrieve circuit board component designs that have already been utilized from PCB libraries, and validate circuit schematic designs. The majority of engineering companies and teams that might be involved in product development use PCB design software. PCB design software is frequently used in conjunction with other design software systems, including general-purpose CAD software and software for designing products and machines. Using conductive paths, tracks, or signal traces etched from copper sheets laminated onto a non-conductive substrate, a printed circuit board, or PCB, is used to mechanically support and electrically link electronic components. It is also known as an etched wiring board or a printed wiring board (PWB). A printed circuit assembly (PCA), often called a printed circuit board assembly (PCBA), is a PCB that has been filled with electrical components.

Factors Affecting PCB Design Software Market Growth

Increasing need to reduce innovations and errors in PCB design is driving the growth of the printed circuit board design.

In order to optimize time and lower errors made during product development, the electronics industry is progressively using software to produce circuit board designs. For complex circuit designs, the software helps to increase production rate and scalable integration. Additionally, as technology develops, PCB size decreases, which causes many top players to concentrate on producing innovative PCBs to gain a competitive edge. Engineers now have the freedom to simulate the present design and identify problems in real-time thanks to the adoption of design software. Because of the access to auto-placement, auto-routing, and auto-tuning provided by this program, PCE manufacturing is a reasonably simple operation. Cost analysis is a key consideration for engineers, and design software can assist them in determining the overall cost.

The Restraining Factor of PCB Design Software:

The complexity of the time-consuming manufacturing process and the adoption of open-source software restrains the growth of the printed circuit board design.

The most common integration needs for PCB design software are with other tools like simulation software, manufacturing processes, or mechanical design software. Open-source software is more commonly used by professionals because it can be downloaded for free from the internet. Additionally, there is a danger that components and outside vendors could have vulnerabilities due to the accessibility of pirated copies. The expansion of independent vendors poses a danger to enterprise application security.
For instance,
According to the survey in November 2021,In the preceding 12 months, 74% of security decision-makers with network, data center, app security, or security operations responsibilities reported that their company had experienced at least one data breach; 36% reported three or more breaches. The public sector, healthcare, media, entertainment, and leisure, as well as financial services and insurance, accounted for over 75% of the top 35 breaches, according to Forrester's analysis of the top 35 global breaches in 2022

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PCB Design Software Market Analysis

Global PCB Design Software Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing PCB Design Software Industry growth. PCB Design Software market has been segmented with the help of its Component, Design Complexities Type, and others. PCB Design Software market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

PCB Design Software Market, by Component

The software segment is anticipated to hold the largest market share during the forecast period.

In order to create a graphic representation of PCB layout via component placement, routing, packaging design, and verification to explain the electrical circuits built on a board, professionals, educators, hobbyists, and others need software or tools, which make up the majority of this market. Numerous sectors, including IT & electronics, mobile devices, healthcare & life sciences, automotive, telecommunication, transport & logistics, aerospace and defense, research & education, industrial controls automation, and others use these technologies.

PCB Design Software Market Share (%) by Component in 2018-2030

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PCB Design Software Market, by Design Complexities

The high-end design segment is anticipated to hold the largest market share during the forecast period.

Professionals primarily use the commercial or professional PCB packages for high-end design. These packages are used to make high level PCBs for consumer and military electronics and offer a top-notch design environment. Numerous capabilities, including single length tuning, pair routing capability, high speed routing, and others, are included in the commercial packages. Such packages include hierarchical schematic entry and built-in simulation solutions. Altium Limited, OrCAD, Mentor WG, Pulsonix, The National Instruments, Cadence, and other companies are among of the greatest high-end design software providers.

PCB Design Software Market Share (%) by Design Complexities in 2018-2030

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the PCB Design Software market report 2023 Edition by contacting our team.

PCB Design Software Type Segment Analysis

PCB Design Software Market, by Type

The PCB layout segment is anticipated to hold the largest market share during the forecast period.

Following the design of a PCB's schematic diagram is the PCB layout step. Setup of the design tool, board layout, import of the netlist, component placement, routing, silkscreen cleanup, DRC check, and creation of production-ready documents are all included. Due to a number of advantages, including reduced design complexity, early error detection, cost and time savings, and ease of use, PCB layout software considerably aids designers in producing highly effective PCBs. The increasing demand for PCBs across a variety of industries is compelling PCB makers to use this layout software to increase production rates, which is the primary driver of the segment's rapid expansion.

PCB Layout
Schematic Capture

PCB Design Software Deployment Type Segment Analysis

PCB Design Software Market, by Deployment Type

The on-premise segment is anticipated to hold the largest market share during the forecast period.

Desktop software must be installed locally on a company's computer. These software programs operate independently without an internet connection. Altium Designer, CircuitMaker, Eagle, KiCad, and OrCAD are some of the most popular on-premise PCB design tools. This software is a powerful package with plenty of features that needs a license to run in full functionality. The majority of these are compatible with Windows, Mac, and Linux, and most PCB work will necessitate periodic data storage, sharing, retrieval, and software updates in the computer system itself.

On-Premise
Cloud

PCB Design Software Industry Segment Analysis

PCB Design Software Market, by Industry

Telecommunication segment is anticipated to hold the largest market share during the forecast period.

The market with the highest share is telecommunication. One of the main reasons propelling the growth of the PCB Design Software Market is the rising demand for PCB design software in the telecommunications sector as well as the rising requirement to reduce production costs and time. Engineers in the telecommunications sector can digitally identify possible issues with cell towers, satellites, high-speed routers and servers, and commercial phone technology by using PCB design software. In order to increase signal strength, PCB design software is also utilized in telephonic switching systems, wireless communication systems, cell and tower transmission electronics, and mobile phone tower systems. PCBs are essential pieces of hardware for the telecommunications sector.

Transportation
Consumer Electronics
Telecommunication
Semiconductors
Aerospace and Defence
Healthcare
Industrial Automation
Control Education and Research

North America PCB Design Software Market dominated the overall market

North America is anticipated to hold the largest market share during the forecast period.

The PCB Design Software market in North America is anticipated to dominate. The economies of Canada and the United States are anticipated to be the driving forces behind this region's growth. In terms of chip design and semiconductor R&D, North America currently controls the worldwide semiconductor market. Access to a highly trained technical human resource and a robust innovation ecosystem, led by universities, are key success factors in chip design in the USA. For instance, in April 2021, Altium Limited, US based software company launched cloud-based platform called Nexar to connect PCB design software manufacturers.

The current report Scope analyzes PCB Design Software Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

North America (United States, Canada, Mexico)
Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

PCB Design Software Market Share (%) by Region (2018-2030)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

Profile

ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

The base year for the calculation is 2023 and 2018 to 2023 will be historical period. The year 2023 will be estimated one while the forecasted data will be from year 2023 to 2028. When we deliver the report that time we updated report data till the purchase date.

Last Updated: 2023-08-25T09:32:23

Author's Conclusion

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.

The Global PCB Design Software Market is witnessing significant growth in the near future.

In 2023, the Software segment accounted for noticeable share of global PCB Design Software Market and is projected to experience significant growth in the near future.

The Low-End Design segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Altium , Autodesk Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.