PCB Design Software Market to Reach US$ 8 Bn by 2029, On Back of High Demand for Complex Circuit Designs for Emerging Technologies

Feb 10,2020 | Electronics, Semiconductors, and ICT

Asia Pacific excluding Japan is anticipated to remain at the forefront, offering high growth opportunities for players in the PCB design software market. PCB designers in this region continue to pack more components into ever smaller volume areas, putting pressure on smart design tools and precise simulation, thereby increasing the need of flexible PCBs.

The global PCB design software market is anticipated to witness an attractive CAGR of 15% during the forecast period of 2019-2029.

“PCB design software providers can gain significant profits by targeting manufacturers of flexible consumer electronic devices and medical applications, which are increasingly pushing the industry toward the use of flexible and flex-rigid PCBs.”

Key Takeaways of PCB Design Software Market Study

For More Detailed Insights on PCB Design Software Market

  • North America is expected to hold a significant share in the global PCB design software market among all the regions during the forecast period of 2019-2029.
  • Mainstream software is anticipated to retain its significant share in the global PCB design software market among all the components during the forecast period. Among all the applications, the automotive industry is estimated to register an impressive CAGR in the global PCB design software market. However, consumer electronic applications are estimated to continue to hold the largest market share in the global PCB design software market over the forecast period.
pcb design software market share by region

Increasing Demand for High-speed Analogue Circuits to Propel Sales

On back of the growing demand for smaller devices and the rising complexity of circuits, the demand for PCB design software is expected to increase significantly over the forecast period. Signal integrity is an essential part of the PCB design software process. By using high-speed circuits, a PCB manufacturer can minimize the possibility of problems arising from poor signal integrity. A high-speed PCB is one where integrity of the signal is affected by the circuit layout. Therefore, the introduction of high-speed analogue circuits is expected to drive the growth of the global PCB design software market.

More Valuable Insights on PCB Design Software Market

Future Market Insights offers an unbiased analysis of the global PCB design software market, providing historical data of 2014-2018 and forecast statistics for 2019-2029. To understand the opportunities in the PCB design software market, the market is segmented on the basis of component, deployment, and application, across seven major regions.

For additional information, write to the analyst at press@futuremarketinsights.com

About Electronics, Semiconductors, and ICT division of FMI

The electronic, semiconductors, and ICT division at Future Market Insights focuses on tracking and analyzing ever-changing dynamics of the IT and telecommunication industry. The ICT team has also executed several complex projects pertaining to the convergence of healthcare and ICT, rapid adoption of ‘as-a-service’ business model, growth prospects of consumer electronics market, and evolution in design and fabrication of semiconductors. To help clients from all over the globe meet their unique needs, the team offers a variety of customized market research reports and consulting services: reach out to explore how we can help.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Media Contact

Rahul Pandita

Rahul Pandita

Head – Corporate Communications

Abhishek Budholiya

Abhishek Budholiya

Head – Digital Marketing