Press release
PCB Design Software Market Anticipated to Hit USD 9.2 Billion by 2031
PCB Design Software Market
The PCB design software market is witnessing strong momentum as industries worldwide expand their reliance on electronics, semiconductors, and IoT applications. Valued at US$ 3.9 billion in 2024, the market is projected to reach US$ 9.2 billion by 2031, growing at a CAGR of 13.4% during the forecast period. This rapid expansion is supported by investments in semiconductor manufacturing and the increasing need for sophisticated design tools to support miniaturization, automation, and advanced connectivity solutions.
The leading segment within this market is on-premise PCB design software, favored for its enhanced data security and ability to handle large-scale, complex design projects. Regionally, Asia-Pacific dominates the market, led by China, India, Taiwan, and Japan, where governments are actively investing in semiconductor manufacturing. Initiatives like India's US$ 15 billion semiconductor incentive scheme and joint ventures such as Tata Group's partnership with Powerchip Semiconductor Manufacturing Corporation (PSMC) highlight how the region is creating new growth prospects for PCB design software.
Elevate your business strategy with comprehensive market data. Request a sample report now: https://www.persistencemarketresearch.com/samples/34884
Key Highlights from the Report
The global PCB design software market is expected to expand at a CAGR of 13.4% from 2024 to 2031.
Asia-Pacific holds the largest share due to government semiconductor incentives and rapid electronics adoption.
On-premise solutions lead the market, driven by security and scalability demands in design.
Growing IoT device adoption is significantly driving PCB design software usage.
Government-backed semiconductor manufacturing projects are creating new opportunities.
Leading players are investing in AI-driven design automation for faster, more efficient PCB development.
Market Segmentation
The PCB design software market can be segmented by product type into on-premise and cloud-based solutions. While cloud-based platforms are gaining traction for their cost-effectiveness and scalability, on-premise solutions remain dominant due to stronger security measures and preference in industries dealing with sensitive designs, such as aerospace and defense.
Segmentation by end-user industry highlights applications across consumer electronics, automotive, industrial equipment, healthcare, and telecommunications. Among these, consumer electronics remains the largest segment, driven by the surging demand for smartphones, wearables, and connected devices. The automotive industry is another fast-growing segment, supported by increasing EV adoption and autonomous vehicle development, both of which require advanced PCBs.
Read More: https://www.persistencemarketresearch.com/market-research/pcb-design-software-market.asp
Regional Insights
Asia-Pacific continues to lead the global PCB design software market. Strong demand for consumer electronics, robust semiconductor manufacturing infrastructure, and government-led initiatives such as India's semiconductor mission and China's "Made in China 2025" program are fueling growth in this region.
North America and Europe are also showing strong adoption, particularly in advanced sectors like automotive, aerospace, and healthcare. In these regions, the demand for high-performance PCBs to support electric vehicles, medical devices, and IoT-enabled applications is driving the uptake of design software.
Market Drivers
The rising complexity of electronic products is a major driver of PCB design software adoption. Miniaturization, high-density circuits, and the integration of AI and IoT technologies require advanced design tools that can optimize layouts, ensure reliability, and reduce development costs. Additionally, government-backed investments in semiconductor fabrication plants are increasing demand for PCB design tools across industrial and consumer electronics domains.
Market Restraints
Despite strong growth, the market faces challenges. High licensing and implementation costs of advanced PCB design software may hinder adoption among SMEs. Moreover, the steep learning curve and need for specialized training pose barriers to wider adoption, especially in developing economies with limited technical expertise.
Market Opportunities
Significant opportunities lie in the cloud-based PCB design segment, which provides flexible, scalable, and collaborative platforms for global design teams. The integration of AI and machine learning into PCB design tools offers further opportunities to automate repetitive tasks, optimize design efficiency, and accelerate product launches. Growing automotive electronics and 5G network rollouts are also expected to create high-value opportunities for market players.
Reasons to Buy the Report
✔ Gain a comprehensive understanding of the global PCB design software market outlook through 2031.
✔ Identify growth drivers, restraints, and opportunities shaping market dynamics.
✔ Access in-depth segmentation analysis across product types and end-user industries.
✔ Understand key regional insights with a focus on Asia-Pacific's dominance.
✔ Evaluate competitive strategies, mergers, and technological innovations of top 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?
Who are the Key Players in the Global Market for PCB Design Software?
What is the Projected Growth Rate of the Market?
What is the Market Forecast for 2032?
Which Region is Estimated to Dominate the Industry through the Forecast Period?
Company Insights
Key players operating in the PCB design software market include:
Altium Limited
Cadence Design Systems Inc.
Autodesk Inc.
Siemens EDA (formerly Mentor Graphics)
Zuken Inc.
WestDev Ltd.
EasyEDA
KiCad Developers
Novarm Limited (DipTrace)
NI (National Instruments Corporation)
Recent Developments
September 2024: The Indian government announced a US$ 15 billion semiconductor incentive policy upgrade, fueling demand for PCB design tools in the region.
2024: Tata Group partnered with Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India's first large-scale semiconductor fabrication plant, driving growth prospects for PCB design software providers.
Conclusion
The PCB design software market is positioned for remarkable growth as industries move towards advanced electronic systems, miniaturized devices, and IoT-enabled applications. With governments heavily investing in semiconductor manufacturing and companies innovating with AI-driven design platforms, the market is set to reach US$ 9.2 billion by 2031. Asia-Pacific will continue to dominate, while cloud-based solutions and automotive applications offer strong opportunities for expansion. Companies that align with these trends and focus on next-generation design automation will remain at the forefront of this high-growth market.
Related Reports:
Hybrid Nanogenerator Market https://www.persistencemarketresearch.com/market-research/hybrid-nanogenerator-market.asp
Multi-Cloud Management Market https://www.persistencemarketresearch.com/market-research/multi-cloud-management-market.asp
Business Intelligence Platform Market https://www.persistencemarketresearch.com/market-research/business-intelligence-platform-market.asp
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 Anticipated to Hit USD 9.2 Billion by 2031 here
News-ID: 4197939 • Views: …
More Releases from Persistence Market Research
Instant Soup Market to Reach US$12,941 Mn by 2033, Driven by Convenience & Healt …
The global instant soup market continues to gain momentum as consumers increasingly embrace convenient, ready-to-eat, and on-the-go food options. As of 2023, the instant soup market has been valued at US$ 7,639 million, demonstrating its significant role within the global packaged food industry. Over the forecast period of 2023 to 2033, the market is expected to expand at a steady value CAGR of 5.5%, ultimately reaching US$ 12,941 million by…
Sales Force Automation Market Forecast to Reach USD 19.91 Billion by 2031
Overview of the Market
The global sales force automation (SFA) market is on a robust growth trajectory, estimated to rise from US$ 10.96 billion in 2024 to US$ 19.91 billion by 2031, expanding at a CAGR of 8.9% during the forecast period. This growth is fueled by the rising demand for tools that streamline sales processes, enhance customer relationship management (CRM), and offer real-time data insights. Businesses across industries are prioritizing…
Self-Heating Food Packaging Market Size to Reach US$100.7 Bn by 2032, Driven by …
Market Overview
The global self-heating food packaging market is entering a phase of strong growth, driven by shifting consumer lifestyles, rising demand for convenient meal options, and continuous innovation in packaging technologies. According to the latest study by Persistence Market Research, the market is projected to be valued at US$73.5 billion in 2025 and is expected to reach US$100.7 billion by 2032, expanding at a CAGR of 4.6% during the forecast…
Flocculants and Coagulants Market to Reach US$10.3 Billion by 2031, Driven by Ri …
Market Overview
The global flocculants and coagulants market is witnessing significant growth as industries and municipalities focus on improving water quality and wastewater management. According to the latest study by Persistence Market Research, the market is expected to increase from US$7.1 billion in 2024 to US$10.3 billion by 2031, registering a CAGR of 5.5% during the forecast period. This growth is primarily driven by increasing concerns about water pollution, stringent government…
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…
