Product Code: RP-ID-10154328 |
Published Date: 21 Mar 2025 |
Region: Global |
Category: ICT & Telecom |
Report ID: 10154328
Market Overview:
PCB-Design-Software Market Analysis by Design Complexity (Low, Medium, and High End) Component (Software and Services); by Type (PCB Layout and Schematic Capture); by Deployment (On-Cloud and On-Premise); by Enterprise Size (Large and Medium & Small Enterprises); and by Industry Vertical (Aerospace & Defense, Consumer Electronics and Others)-Global Supply & Demand Analysis & Opportunity Outlook 2022-2031
PCB Design Software Market Scope
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Base Year |
2021 |
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Forecast Year |
2022-2031 |
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CAGR |
~11% |
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Base Year Market Size (2021) |
~ USD 2 Billion |
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Forecast Year Market Size (2031) |
~ USD 9 Billion |
Global PCB-Design-Software Market Size, Forecast, and Trend Highlights Over 2022 - 2031
The global PCB-design-software market is estimated to garner a revenue of about USD 9 billion by the end of 2031 by growing at a CAGR of 11% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of approximately USD 2 billion in the year 2021. PCB design software is used to create layouts on PCBs (Printed Circuit boards). The chief factor driving the growth of the PCB-design-software market is the boom in the consumer electronic industries worldwide. As per the estimates by 2022, consumers worldwide are expected to spend USD 505 billion on electronics.
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PCB is an integral part of any consumer electronic device as it facilitates communication between different components of the device. The number of consumer electronics users is estimated to grow to about 3 billion by 2025, with the user penetration rate increasing from ~30% in 2022 to ~37% by 2025. Thus, with the increased production and use of consumer electronic devices, the need for PCBs is on the rise, and PCB-design-software help in the speedy manufacturing of these boards to meet the demand. An increase in the use of consumer electronics points to a growing PCB-design-software market trend.
Global PCB-Design-Software Market: Growth Drivers and Challenges
Growth Drivers
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Sudden Emergence of IoT (Internet of Things) – IoT is a network of physical objects for connecting and exchanging data with other devices using embedded software, sensors, or other technologies. The objects that use IoT include both day-to-day tools and sophisticated industrial tools. The number of active IoT devices was calculated to be approximately 11 billion in 2021. Further, this number is expected to surpass 25 billion in 2030. It is estimated that by 2025 close to 0.15 million IoT devices would connect to the internet per minute. A well-designed PCB is an integral part of a successful IoT product. Thus, the emergence of IoT reflects an inevitable growth of the PCB-design-software market.
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Extensive Demand for Semiconductors – Semiconductors are positioned between insulators and conductors to manage and control electric current flow in electronic devices and equipment. The total shipped volume of the global semiconductor industry was over 1 trillion units in 2021. Semiconductors connect with components like capacitors, diodes, and resistors through a PCB. Thus, the increased demand and resultant production and implementation of semiconductors lead to a parallel growth of the PCB-design-software market
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Increased Production of Medical Devices – PCBs can be found in many medical devices, including pacemakers, defibrillators, heart monitors, CT scans, MRIs, and more. With progress in time, the production and reliance on this equipment are increasing. It is estimated that medical goods constituted more than 6% of global imports and approximately 7% of global exports in 2019. This increased reliance on advanced medical equipment points to the growth of the PCB-design-software market.
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Immense Growth of the Communication Devices - In telecommunication, PCBs can be found in PBX systems and Voice over Internet Protocol (VoIP) devices, phone switching systems, video collaboration, and more. Communication PCBs are also used in transmission networks, wireless networks, and data communications. As of January 2019, close to 60% of the global population are active internet users, thus implying opportunities for the PCB-design-software market.
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Increased Production and Use of Automotives – The common uses of PCB in the automotive industry are for the engine, LED lights, GPS, audio and video equipment, and more. In 2020, the global production of vehicles was more than 77 million units. This production volume of the Automotive industry implies a growing PCB-design-software market trend.
Challenges
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Extreme Progress Made to Open-source PCB-Design-Software
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Stringent Standards Applied to PCB Designing
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Baffling Complexity of the PCB-Design-Software
The global PCB-design-software market is segmented and analyzed for demand and supply by industry vertical into aerospace and defense, mobile devices, IT and telecommunications, consumer electronics, health care and life science, automotive, transport and logistics, research and education, industrial controls automation, and others. Of these the consumer electronics segment is projected to hold the largest market size by the end of 2031. The sales volume of the global consumer electronics industry amounted to approximately 9 billion units in 2022. The global television sales volume in 2021 increased and reached approximately 550 million pieces. This is estimated to grow further to about 600 million pieces by about 2026. Similarly, the worldwide shipment of smart speakers was about 170 million units in 2020. Thus, the increased production and demand for consumer electronics also pushes the PCB-design-software market.
Global PCB-Design-Software Market Regional Synopsis
Regionally, the global PCB-design-software market is studied into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Amongst these, the market in North America is expected to hold the largest market share by the end of 2031. This is because of the region's high ranking in technological innovations. For instance, in the innovation index of 0-100, the USA held around 61 points in 2021. The average innovation index for 132 countries in the same period was only about 34 points. Another reason for the growth of the PCB-design-software market in North America is the growth of the various industries that demand the use of high-speed analog circuits, including education, health care, automation systems, and more. According to the Centers for Medicare and Medicaid Services (CMS), the national health expenditure grew 9.7% in 2020 and constituted 19.7% of the Gross Domestic Product (GDP).
Market Segmentation
Our in-depth analysis of the global PCB-design-software market includes the following segments:
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By Design Complexity |
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By Component |
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By Type |
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By Deployment |
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By Enterprise Size |
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By Industry Vertical |
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Key Companies Dominating the Global PCB-Design-Software 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 Siemens AG, Cadence Design Systems, Inc., Altium Limited, Cadsoft Corporation, Shanghai TsingYue Software Co., Ltd., Novarm Limited (DipTrace), Zuken USA, Inc., Synopsys, Inc., Autodesk Inc., ANSYS, Inc, and others.
Global PCB-Design-Software Market: Latest Developments
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January 2022: Altium Limited- partnered with MicroFab Inc. in its launch of Altimade, the first "design with manufacturing" application in the electronics industry. The application enables customers to request an instant quote and order their PCB assembly without leaving the design environment.
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October 2021: ANSYS, Inc- collaborated with Autodesk to create a PCB extension for Autodesk Fusion 360. This extension aims to enable electromagnetic analysis access to the engineers and designers of consumer products. This ensures rapid design exploration to reduce the cost of prototyping during the product development process.
Key Reasons to Buy Our Report
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The report covers a detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis, and challenges that impact market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessments for overall growth.
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We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
- Siemens AG
- Cadence Design Systems, Inc.
- Altium Limited
- Cadsoft Corporation
- Shanghai TsingYue Software Co., Ltd.
- Novarm Limited (DipTrace)
- Zuken USA, Inc.
- Synopsys, Inc.
- Autodesk Inc.,
- ANSYS, Inc
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