Press release
PCB Design Software Market to Reach USD 9.2 Billion by 2031, Growing at a CAGR of 13.4% | Persistence Market Research
PCB Design Software Market
Government initiatives worldwide, particularly in countries like India and Taiwan, are fueling the market's expansion. For instance, India's government announced plans to increase chip production funding to US$ 15 billion in the second phase of its semiconductor incentive program. Partnerships between local conglomerates like the Tata Group and international players such as Powerchip Semiconductor Manufacturing Corporation (PSMC) are also paving the way for commercial semiconductor fabrication plants, creating substantial opportunities for PCB design software adoption.
Elevate your business strategy with comprehensive market data. Request a sample report now: https://www.persistencemarketresearch.com/samples/34884
Key Highlights from the Report
• North America is expected to dominate, accounting for a 37.6% market share in 2024 due to advancements in 3D visualization and PCB design tools.
• Europe is projected to create new growth opportunities driven by high demand for multi-functional PCB solutions in aerospace applications.
• The on-premise deployment segment will lead with a 77.6% share in 2024 owing to cybersecurity concerns in cloud-based deployments.
• The computer and consumer electronics application segment is anticipated to grow at a CAGR of 15.7% through 2031 amid device miniaturization trends.
• Integration of artificial intelligence (AI) and machine learning (ML) in PCB design software is expected to open new growth avenues.
• Manufacturers are increasingly focusing on sustainable software development to reduce electronic waste and adhere to stringent government regulations.
Market Segmentation
The PCB design software market is segmented based on product type, deployment, and application. By product type, the market includes software for schematic capture, PCB layout, simulation, and verification tools. Among these, layout and simulation tools are witnessing higher adoption rates due to the need for accurate design and testing of high-performance circuits before production.
From a deployment perspective, the market is divided into on-premise and cloud-based solutions. While on-premise solutions currently dominate, cloud-based deployments are gaining traction as they offer real-time collaboration, remote accessibility, and cost-efficiency. In terms of applications, the market serves consumer electronics, automotive, healthcare, telecommunications, and aerospace industries, with consumer electronics leading due to rapid device miniaturization and increasing electronics penetration worldwide.
Regional Insights
North America is leading the PCB design software market, mainly due to technological advancements, the presence of key PCB software vendors, and high adoption of AI-driven design tools. Countries like the U.S. are investing heavily in R&D, which further strengthens the region's market position.
Europe, on the other hand, is emerging as a high-growth region, primarily due to the aerospace and defense industries' demand for advanced, multifunctional PCBs. Government incentives for sustainable electronics and semiconductor initiatives are expected to drive market expansion across countries such as Germany, France, and the UK.
Read More: https://www.persistencemarketresearch.com/market-research/pcb-design-software-market.asp
Market Drivers
The PCB design software market is primarily driven by the rising demand for electronics miniaturization, which requires precise and efficient PCB layouts. Additionally, the growth of the semiconductor industry, supported by government investments and incentives, is creating high demand for advanced design tools. The integration of AI and ML in PCB software is enabling faster prototyping, reducing design errors, and improving overall productivity, further fueling market growth.
Market Restraints
Despite strong growth prospects, the market faces challenges such as the high cost of advanced PCB design software, which may limit adoption by small and medium enterprises. Additionally, the complexity of software usage and the need for skilled designers can act as barriers to entry. Cybersecurity concerns in cloud-based deployments also pose risks, prompting companies to invest in on-premise solutions despite higher costs.
Market Opportunities
The global PCB design software market offers multiple opportunities, particularly in emerging economies. Countries like India, China, and Southeast Asian nations are investing in semiconductor manufacturing, creating demand for sophisticated PCB design solutions. The adoption of sustainable and environmentally friendly software development practices presents opportunities for vendors to differentiate themselves. Furthermore, cloud-based and collaborative design tools represent untapped potential for expanding market share among SMEs and startups.
Reasons to Buy the Report
✔ Comprehensive analysis of global PCB design software market size and forecast.
✔ In-depth insights into key growth drivers, restraints, and opportunities.
✔ Detailed segmentation by product type, deployment, and application.
✔ Regional market trends and competitive landscape analysis.
✔ Latest developments, partnerships, and strategies of leading players.
Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.persistencemarketresearch.com/request-customization/34884
Frequently Asked Questions (FAQs)
How big is the PCB design software market in 2024?
Who are the key players in the global PCB design software market?
What is the projected growth rate of the PCB design software market from 2024 to 2031?
What is the market forecast for PCB design software by 2032?
Which region is estimated to dominate the PCB design software industry through the forecast period?
Company Insights
Key players operating in the PCB design software market include:
• Cadence Design Systems, Inc.
• Mentor Graphics (Siemens EDA)
• Zuken Inc.
• Altium Ltd.
• Autodesk, Inc.
• Synopsys, Inc.
Recent Developments:
• In 2024, Cadence Design Systems launched a new AI-enabled PCB design suite to enhance automated layout and error detection.
• Mentor Graphics (Siemens EDA) introduced a cloud-based PCB design collaboration platform to enable real-time team workflows and remote design management.
Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PCB Design Software Market to Reach USD 9.2 Billion by 2031, Growing at a CAGR of 13.4% | Persistence Market Research here
News-ID: 4165696 • Views: …
More Releases from Persistence Market Research
Millimeter Wave Body Scanner Market to Witness Strong Demand Across Airports & P …
Market Overview
The millimeter wave body scanner market has emerged as a critical segment within global security technologies, particularly in high-risk environments such as airports, government buildings, and public event venues. These scanners utilize non-ionizing millimeter wave technology to detect concealed objects on a person's body without physical contact, delivering both enhanced accuracy and safety compared to older technologies like X-ray scanners. The increasing need for advanced threat detection systems, coupled…
Industrial Cooling System Market, Driving Efficiency and Reliability in Next-Gen …
Market Overview
The global industrial cooling system market is witnessing steady growth, driven by rising demand for energy-efficient solutions and expanding applications across industries such as manufacturing, oil & gas, chemicals, power generation, and data centers. Cooling systems are indispensable for maintaining operational efficiency, protecting sensitive machinery, and ensuring workforce safety in environments with extreme heat generation. According to recent projections, the market is expected to expand at a CAGR of…
Industrial Automation and Control System Market Insights, Innovations, Segments, …
Market Overview
The global industrial automation and control system market is experiencing rapid transformation as industries embrace digital technologies to boost productivity, reduce costs, and enhance operational efficiency. Valued at US$165.1 Bn in 2023, the market is projected to reach US$307.7 Bn by 2030, expanding at a strong CAGR of 9.3% during the forecast period. The increasing integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), robotics,…
Industrial Air Filtration Market Forecast, Transforming Efficiency and Environme …
Market Overview
The industrial air filtration market has emerged as a cornerstone of sustainable industrial practices, addressing growing concerns over workplace safety, environmental compliance, and energy efficiency. With industries across the globe adopting advanced filtration technologies, the demand for reliable air filtration solutions continues to accelerate. According to Persistence Market Research, the global industrial air filtration market is forecast to expand at a CAGR of 5.8% during the forecast period, increasing…
More Releases for PCB
Victory PCB Expands Global Reach with Industry-Leading PCB Manufacturing & Assem …
Image: https://www.abnewswire.com/upload/2025/06/aa56d146ab76e34a4f335137dad3dd49.jpg
Victory PCB [https://www.victorypcb.com/], a global leader in printed circuit board (PCB) manufacturing and assembly, continues to set new benchmarks in high-quality PCB production, fast delivery, and customer service excellence. With a legacy of 19 years of innovation and precision manufacturing, Victory PCB is powering the next generation of industries, from automotive and medical equipment to aerospace and advanced communication devices.
Located in the heart of Shenzhen's modern Industrial Park, Victory…
Victory PCB: Pioneering Excellence in Global PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/fabf105f8930f331e50cb1ca439637fe.jpg
Victory PCB [https://www.victorypcb.com/] is a renowned global manufacturer of PCBs and assembly services, recognized worldwide for its exceptional precision, innovation, and commitment to quality. With a client base exceeding thousands across various sectors, including automotive, aerospace, medical, industrial automation, and communication technologies, PCB solutions are tailored to meet each client's needs.
With centers covering as much as 30,000 square meters, Victory PCB employs over 450 staff dedicated to producing high-quality…
Victory PCB: Redefining Global Excellence in PCB Manufacturing and Assembly
Image: https://www.abnewswire.com/upload/2025/01/986e29984b844645f2a99a0a5e93a4c8.jpg
Having almost 20 years of expertise in producing and assembling printed circuit boards (PCBs), Victory PCB has established a solid reputation for providing high quality products, creative solutions, and consistent customer satisfaction. Victory PCB [https://www.victorypcb.com/], located in a contemporary 30,000-square-meter facility within Shenzhen's tech district, merges deep expertise with cutting-edge technology to manufacture products that bolster top industries worldwide. Relying on more than 1,000 clients and 80% of its…
Victory PCB Emerges as a Global Leader in PCB Manufacturing
Victory PCB has been delivering custom PCB solutions to global customers since 2005.
Image: https://www.abnewswire.com/uploads/3daf3e2d61300e7406f7fb61c56726fc.png
Victory PCB [https://www.victorypcb.com/], a professional printed circuit board (PCB) manufacturer established in 2005, is setting new standards in the global electronics industry with its commitment to top-quality, high-precision, and high-density PCB solutions. The solutions offered by Victory PCB, which exports 80% of its products worldwide, bridge the gap between concept and reality for clients in a variety…
PCB Ceramic Substrate Market Size, Share and Forecast By Key Players-Panda PCB T …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global PCB Ceramic Substrate market is anticipated to grow at a compound annual growth rate (CAGR) of 13.62% between 2024 and 2031. The market is expected to grow to USD 21.58 Billion by 2024. The valuation is expected to reach USD 52.73 Billion by 2031.
The PCB ceramic substrate market is experiencing robust growth, fueled by the rising demand…
Victory PCB: Leading the Way in High-Quality PCB Manufacturing and Assembly Serv …
Image: https://www.abnewswire.com/uploads/f5969834209751bb72016f135de749db.png
Victory PCB, a professional PCB manufacturer [https://www.victorypcb.com/], has emerged as the leading specialized manufacturer for multiple species, small to medium series, and quick turn production, with a focus on providing 3Hs (high quality, high precision and high density). With a total plant area of 30,000sq.m, their monthly capability currently stands at 60,000sq.m with 3000 parts.
Serving more than 1000 customer groups, the company is a leading manufacturer of 1-16L layer…
