PCB Design Software Trends and Forecast
The future of the global PCB design software market looks promising with opportunities in the transportation, consumer electronic, telecommunication, healthcare, industrial automation & control, and education & research markets. The global PCB design software market is expected to reach an estimated $6.7 billion by 2030 with a CAGR of 13.4% from 2024 to 2030. The major drivers for this market are increasing demand for miniaturization and higher functionality in electronic devices, growing adoption of internet of things (IoT) devices, and advancements in technology.
• Lucintel forecasts that PCB layout is expected to witness the higher growth over the forecast period.
• Within this market, transportation is expected to witness the highest growth.
• North America is expected to witness highest growth over the forecast period.
United States: Leading PCB design software firms like Altium and Cadence Design Systems announced aggressive expansion plans to capitalize on the growing demand for advanced electronics in automotive and aerospace sectors, supported by government initiatives for domestic manufacturing.
China: Companies like Zuken and Mentor Graphics unveiled partnerships with local universities to foster talent and innovation in PCB design, aligning with ChinaÄX%$%Xs ambitious goals to dominate the global electronics market through indigenous technological prowess.
Germany: Siemens AGÄX%$%Xs EDA division announced breakthroughs in AI-driven design automation, aiming to bolster GermanyÄX%$%Xs position as a hub for cutting-edge engineering solutions while aligning with the governmentÄX%$%Xs Industry 4.0 initiative for digital transformation.
Japan: With a focus on sustainability, Japanese firms like Zuken and Altium unveiled initiatives to develop eco-friendly PCB design solutions, in line with government targets to reduce electronic waste and promote green technology adoption in manufacturing processes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
PCB Design Software by Segment
The study includes a forecast for the global PCB design software by type, design complexity, end use, and region.
PCB Design Software Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• PCB Layout
• Schematic Capture
PCB Design Software Market by Design Complexity [Shipment Analysis by Value from 2018 to 2030]:
• Low End
• Medium End
• High End
PCB Design Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Transportation
• Consumer Electronics
• Telecommunications
• Healthcare
• Industrial Automation & Control
• Education & Research
• Others
PCB Design Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of PCB Design Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies PCB design software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the PCB design software companies profiled in this report include-
• Teramind
• Centrify Corporation
• Solarwinds Worldwide
• Securonix
• Ekran System
• IS Decisions
• Observeit
Recent Development in the PCB Design Software Market
Altium: Altium introduced a new version of its flagship PCB design software, Altium Designer 22, focusing on enhanced collaboration features and improved integration with mechanical design tools. This initiative aims to streamline the PCB design process and facilitate better communication between electrical and mechanical engineers.
Cadence Design Systems: Cadence announced the acquisition of AWR Corporation, a leading provider of high-frequency RF EDA software. This strategic move strengthens CadenceÄX%$%Xs position in the RF and microwave design market, allowing it to offer a more comprehensive solution for engineers working on wireless communication and radar systems.
Mentor, a Siemens Business: Mentor launched HyperLynx VX, a new version of its high-speed PCB simulation and analysis tool. HyperLynx VX incorporates advanced features for signal integrity and power integrity analysis, helping engineers identify and address issues early in the design process to ensure first-pass success in high-speed designs.
Autodesk: Autodesk introduced Fusion 360 Electronics, an extension of its popular Fusion 360 CAD software tailored specifically for electronics design. This initiative aims to provide a unified platform for mechanical and electrical design, enabling seamless collaboration and integration throughout the product development lifecycle.
Zuken: Zuken unveiled a new version of its PCB design software, CR-8000 2023, featuring enhanced support for multi-board design and integration with ECAD/MCAD collaboration tools. This initiative addresses the growing demand for complex, interconnected electronic systems and aims to streamline the design process for such applications.
Features of the Global PCB Design Software Market
Market Size Estimates: PCB design software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: PCB design software market size by type, design complexity, end use, and region in terms of value ($B).
Regional Analysis: PCB design software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, design complexity, end uses, and regions for the PCB design software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the PCB design software market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the PCB design software market size?
Answer: The global PCB design software market is expected to reach an estimated $6.7 billion by 2030.
Q2. What is the growth forecast for PCB design software market?
Answer: The global PCB design software market is expected to grow with a CAGR of 13.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the PCB design software market?
Answer: The major drivers for this market are increasing demand for miniaturization and higher functionality in electronic devices, growing adoption of internet of things (IoT) devices, and advancements in technology.
Q4. What are the major segments for PCB design software market?
Answer: The future of the global PCB design software market looks promising with opportunities in the transportation, consumer electronic, telecommunication, healthcare, industrial automation & control, and education & research markets.
Q5. Who are the key PCB design software market companies?
Answer: Some of the key PCB design software companies are as follows:
• Teramind
• Centrify Corporation
• Solarwinds Worldwide
• Securonix
• Ekran System
• IS Decisions
• Observeit
Q6. Which PCB design software market segment will be the largest in future?
Answer: Lucintel forecasts that PCB layout is expected to witness the higher growth over the forecast period.
Q7. In PCB design software market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the PCB design software market by type (PCB layout and schematic capture), design complexity (low end, medium end, and high end), end use (transportation, consumer electronics, telecommunications, healthcare, industrial automation & control, education & research, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to PCB Design Software Market, PCB Design Software Market Size, PCB Design Software Market Growth, PCB Design Software Market Analysis, PCB Design Software Market Report, PCB Design Software Market Share, PCB Design Software Market Trends, PCB Design Software Market Forecast, PCB Design Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.