PCB Design Software Market Poised for Impressive Growth
Tech-enabled transformations have been pivotal in helping incumbents gain a foothold in respective industries. As the miniaturization trend is gaining prominence with progressive decrease in the size of memory integrated circuits (ICs), industry behemoths are indulging in building distinctive capabilities to expand customer reach as well as improve customer retention. In line with these activities, the global PCB design software market expand at an impressive CAGR, reaching almost US$ 8 Bn by the end of the forecast period of 2019-2029.
Frequently Asked Questions about PCB Design Software Market
How is the market for PCB design software expected to shape up in the next decade?
The development of new flexible technologies (e.g. wearable electronics, flexible displays) has increased the complexity for designing circuits, and has opened new avenues for players in the PCB design software market.
What are the major challenges for players in the PCB design software market?
Many PCB design software are available online for free, and offer a variety of features. Moreover, in China, the use of pirated software is relatively common, which results in companies being forced to offer their software at lower prices.
Which industry will account for the highest sales in the next five years?
The consumer electronics industry is expected to account for a majority of the share in the PCB design software market. Consumers demand slimmer and faster electronic devices, and industries seek improved functionality, creating profitable opportunities for players in the PCB design software market.
Which region is expected to lead the global PCB design software market?
According to FMI, Asia Pacific excluding Japan is anticipated to remain at the forefront, offering high growth opportunities for players in the PCB design software market. Players in this region are including features such as 3D design and visualization, integration and import tools, data management, and high-speed design capabilities, which help make the process of PCB design software easier.
Which technology will offer the most lucrative growth opportunities for market players?
Schematic capture software is majorly used in most end-use industries, due to its hierarchical schematics and design reuse that exists in one cohesive, easy-to-navigate user interface, ensuring simplicity while working.
Which trend will drive the growth of the PCB design software market in the foreseeable future?
Machines and vehicles deployed for defense & military applications are frequently reviewed in order to keep them updated as per changing regulations. Recent trends in military applications include introduction of UAVs built with next-generation technologies. The monitoring of these UAVs is carried out using computers. Therefore, PCB design software vendors are introducing features that support next-generation technologies for such defense applications.
Market Players to Capitalize on Automotive and Healthcare Sectors
Consumer electronics manufacturers are developing electronic gadgets equipped with better functionality and features in order to deliver best-in-class customer convenience. Driven by this theme, PCB design software service providers continue to secure substantial margins from the consumer electronics industry. Considering the evolving workforce expectations and increased automation in automotive and healthcare sectors, market players are also making advances in these end-use verticals. As these two trends echo across automotive and healthcare industries, market players are looking to re-evaluate their approaches to better serve their customers and grow.
North America in Vanguard, APEJ to Close in
Being the heart of tech-driven innovations, North America would account for a larger proportion of the global PCB design software market value, with the U.S. representing the most meaningful prospects. However, the emergence of industries such as consumer electronics, automotive, medical, and military in countries such as China, and India is influencing players in the PCB design software market to develop comprehensive strategies for consolidation in Asia Pacific excluding Japan (APEJ). Moreover, players in APEJ are complementing their services with features such as 3D design and visualization, data management platforms, and high-speed design capabilities, which help simplify the process of PCB design software.
Pursuing New Revenue Streams in Defense & Military Sector
Unmanned aerial vehicles (UAVs) are making inroads in the defense & military sector for the constant monitoring of machines and vehicles in order to keep up with changing regulations. With innovations on the brink, UAVs are coming with next-generation technologies. As such, vendors in the PCB design software market space are leveraging this opportunity by providing features that are compatible with these next-gen technologies for defense applications.
Software holds largest revenue share
Services to see healthy adoption
On-premise components take the lead
Cloud-based components to experience faster growth rate
Adoption in consumer electronics remains high
Usage in automotive to grow at rapid CAGR
How Growth will Unfold
On-premise PCB design software have been the traditional service among end users, and would capture a voluminous chunk of overall market revenues. However, increasing digital transmission of data is scaling up the risk of digital intrusion. Industrial end users are looking for increasing degree of security in PCB design software, and thus, are shifting towards cloud-based variants. Market players should perceive this growing popularity of cloud-based PCB design software more readily to ensure outsized profits.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
PCB Design Software Market Analysis 2019-2029
A recent market report published by Future Market Insights on the PCB design software market includes global industry analysis of 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters, growth prospects of this market are obtained with maximum precision.
PCB Design Software Market Taxonomy
The global PCB design software market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.
Component
- Software
- PCB Layout
- Schematic Capture
- Services
- Designing Services
- Support & Maintenance
Deployment
- On-premise
- Cloud-based
Application
- IT & Computing
- Consumer Electronics
- Telecommunications
- Healthcare
- Automotive
- Defence & Military
- Others
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
What's Included
The report begins with the executive summary of the PCB design software market, which includes a summary of key findings and statistics of the market. It also includes demand and supply-side trends pertaining to this market.
Readers can find the definition and a detailed taxonomy of the PCB design software market in this chapter, which will help them to understand basic information about the market. Along with this, comprehensive information pertaining to PCB design software and its properties is provided in this section. This section also highlights the inclusions and exclusions, which helps readers to understand the scope of the PCB design software market report.
The PCB design software market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.
This chapter explains the key macroeconomic factors that are expected to influence the growth of the PCB design software market over the forecast period. Along with macroeconomic factors, this section also highlights the value chain, supply chain, forecast factors, and value chain analysis of the PCB design software market. Moreover, in-depth information about market dynamics and their impact analysis on the market have been provided in the successive section.
Based on component, the PCB design software market is segmented into software (PCB layout, schematic capture), services (designing services, support & maintenance). In this chapter, readers can find information about key trends and developments in the PCB design software market and market attractiveness analysis.
Based on deployment, the PCB design software market is segmented into on-premises and cloud-based. In this chapter, readers can find information about developments and key trends in the PCB design software market.
Based on application, the PCB design software market is segmented into IT & computing, consumer electronics, telecommunication, healthcare, automotive, defence & military and other application. In this chapter, readers can find information about developments and key trends in the PCB design software market.
This chapter explains how the PCB design software market is anticipated to grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ (Asia-Pacific excluding Japan), Japan, and the Middle East & Africa.
This chapter includes a detailed analysis on the growth of the North America PCB design software market, along with a country-wise assessment including the U.S. and Canada. Readers can also find regional trends and market growth based on component, deployment, application, and countries in North America.
This chapter provides the growth scenario of the PCB design software market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided.
Important growth prospects of the PCB design software market in several countries such as Germany, the U.K., France, Spain, Italy and the Rest of Western Europe are included in this chapter.
This chapter provides the growth scenario of the PCB design software market in Eastern Europe countries such as Russia, Poland, and the Rest of Eastern Europe.
This chapter highlights the growth prospects of the PCB design software market in APEJ by focusing on China, India, ASEAN, Australia & New Zealand, and the Rest of APEJ. This section also helps readers understand key factors that are responsible for the growth of the PCB design software market in APEJ.
This section helps readers understand key factors that are responsible for the growth of the PCB design software market in Japan.
This chapter provides information about how the PCB design software market is anticipated to grow in major countries in the Middle East & Africa region, such as GCC Countries, Turkey, Northern Africa, South Africa, and the Rest of Middle East & Africa, during the forecast period of 2019-2029.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the PCB design software market, along with detailed information about each company, which include the company overview, revenue shares, strategic overview, and recent developments. Some market players featured in the report are Cadence Design Systems, Inc., Mentor Graphics Corporation, ANSYS, Inc., Synopsys, Inc., Altium LLC, Zuken Inc., Autodesk Inc., EasyEDA, Shanghai Tsingyue Software Co., Ltd., SMTnet, Labcenter Electronics, KiCad, Solid Edge PCB Design, and National Instruments.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the PCB design software market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, about the PCB design software market.
How the research was conducted?
Primary Research
- C - Level Executives
- Marketing Directors
- Sales Heads
- Sales Executives
- Technical Advisors
- PCB Design Software Providers
- Distributors
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity of Assumptions
Secondary Research
- Company White Papers
- Annual Reports and Investor Presentations
- Research Papers
- Company Press Releases
- Government Websites and Publications
Primary Interview Splits
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