The Global PCB
Design Software Market size is estimated to reach $5.8 billion by 2027, growing
at a CAGR of 10.5% during the forecast period 2022-2027. The growth of the PCB
Design Software industry is majorly driven by the increasing adoption of cloud-based
design automation software to
ensure higher reliability along with rising penetration of open source software
capture design tools.
In June 2022, Zuken launched eCADSTAR, for the organization and reuse of full &
partial designs, advanced fine-tuning of high-speed circuitry &
automation-assisted layout. However, the increasing availability of open source
software along with the development of various design tools with advanced features are
restricting the growth of the PCB Design Software industry.
Moreover, the schematic capture PCB Design Software market is analyzed to grow at the fastest rate of 12.4% during the forecast period 2022-2027. Factors attributing to this market growth include increasing utilization of PCB Design Software in designing electronic circuitry and growing penetration of advanced communication devices & open source software. In November 2020, CADSTAR launched a schematic capture front-end solution for seamless and error-free transition to ensure the integrity of the circuit. These factors are transforming the PCB Design Software industry outlook.
APAC region in the global PCB Design Software market is analyzed to witness the fastest growth of 12.6% during the forecast period 2022-2027. Factors attributing to influence the PCB Design Software industry outlook includes growing adoption of 3D visualization tools and increasing advancement in the PCB tool systems. In April 2020, Zuken launched CR-8000, an advanced 3D multi-board PCB design environment with superior design efficiency and advanced packaging technology. These factors are accelerating the growth of the PCB Design Software market size.
PCB Design Software Market Growth Drivers:
Growing Fabrication and Encapsulation of PCBs in electronic design automation systems is accelerating the Growth of the PCB Design Software industry:
Increasing PCB fabrication and encapsulation in electronic design automation systems and devices are influencing the PCB Design Software industry outlook. PCBs, serve as the foundation of all electronics and semiconductor technologies. Additionally, increasing the production of circuit boards and other smart electronic devices to meet the changing consumer requirements is positively influencing the growth of the PCB Design Software Market. According to a report published by Mer-Mar Electronics in 2022, recent technologies like 5G, IoT & AI are impacting the PCB development process and the global PCB market size in 2023 is estimated to be 70-75 billion dollars. Increasing advancements in the production of PCBs and their integration with electronic devices provide great opportunities for the expansion of the PCB Design Software market size.
The Major Players in this Market Include
Major players in PCB Design Software Market include Cadence Design Systems, Inc., Mentor Graphics Corporation, Altium, Synopsys Inc. and Forte Design Systems Inc. among others. In May 2022, Synopsys, Inc. collaborated with Zuken to create an integrated and robust printed circuit board design and simulation solution.
Mr. Venkat Reddy
Email: [email protected]
Contact Sales: +1-970-236-3677