Global Printed Circuit Board (PCB) Design Software Market

2021-12-13 12:46:19 By : Mr. null null

November 18, 2021 10:33 EST | Source: Research Nester Research Nester

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New York, November 18, 2021 (GLOBE NEWSWIRE) - According to the Pew Research Center, the number of smartphone ownership in the United States increased from 35% on May 21, 2011 to 85% on February 7, 2021. On the other hand, it reached 97% on February 7, 2021, up from 62% on October 26, 2002. In addition, PC shipments in the first quarter of 2021 will be close to 70 million units. This is an increase of about 30% over the same period last year. In addition, it is estimated that by the end of 2025, shipments of tablets, desktops and notebooks will be close to 142 million, 70 million and 270 million.

Research Nester recently added a report titled "Global Printed Circuit Board (PCB) Design Software Market", which includes market trends, growth drivers, opportunities and limitations, as well as detailed information on market segments and their sub-segments . The report also highlights the latest market scenarios and other key market dynamics that are expected to drive market growth during the forecast period (ie, 2020-2028).

With the continuous advancement of ICT technology, the sales of personal computers (such as smart phones, desktop computers, notebook computers, etc.) are increasing at a significant rate. In addition, by the end of 2020, global home appliance sales will reach 430 billion U.S. dollars, and it is expected to exceed 600 billion U.S. dollars by the end of 2025, and the growth of IoT investment is expected to be close to 1 trillion U.S. dollars by 2023. This is expected to drive demand for printed circuit boards (PCBs), which in turn will promote the growth of the global PCB design software market during the forecast period. The market received US$1.14 million in revenue in 2019 and is expected to reach US$19,791.74 million by the end of 2028, growing at a compound annual growth rate of 6.8% during the forecast period.

Due to the continuous increase in global electric vehicle sales, this market is expected to grow as well, as PCBs are widely used in different electrical devices in these vehicles. According to statistics from the International Energy Agency (IEA), the number of electric vehicle registrations increased by 41% in 2020. In addition, the global sales of electric vehicles will reach 3 million in 2020, and the total number of electric vehicles on the world's roads will reach 10 million.

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The global PCB design software market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa by region. Among these regions, the North American market is expected to occupy the largest market share during the forecast period. In 2019, the revenue of the market in this region was US$428,640, and it is expected to reach US$757.624 million by the end of 2028, growing at a compound annual growth rate of 7% during the forecast period. The growth of the market in this region is mainly due to the existence of many PCB manufacturers. According to statistics from the Federal Reserve System of the U.S. government, bare PCB manufacturing organizations increased by $2.643 billion in 2019. The market in this region is further subdivided into the United States and Canada by country. Among them, the US market is expected to occupy the largest market share during the forecast period, and the compound annual growth rate during the forecast period is the highest at 7.2%.

It is estimated that by the end of 2028, the global PCB design software market in Europe will occupy the second place, and the market revenue will further reach 6013.519 million US dollars, higher than the 359,100 thousand US dollars in 2019. The market in this region is segmented by country into Germany, the United Kingdom, France, Italy, Spain, Russia, the Netherlands and other European countries. Among these countries, the German market is expected to occupy the second largest share during the forecast period. The country’s market revenue in 2019 was US$66,074,400 and is expected to reach US$11,151,500 by the end of 2028. On the other hand, the French market is expected to grow at the highest compound annual growth rate of 8.1% during the forecast period.

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The study further includes North America (U.S., Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, Northern Europe (Finland, Sweden, Norway) YOY growth, demand and supply, and forecasting the future Opportunities, Denmark], Poland, Turkey, Russia, rest of Europe), Latin America (Brazil, Mexico, Argentina, other parts of Latin America), Asia Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia) , New Zealand, the rest of the Asia-Pacific region), the Middle East and Africa (Israel, Gulf Cooperation Council [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, the Middle East and other regions of Africa).

The global PCB design software market is divided into Windows, MacOS, Linux, etc. according to operating platforms. Among these market segments, the Windows market segment is expected to gain the largest market share, with market revenue of $16,344,450 by the end of 2028, up from $94,444,752 in 2019. The Mac OS segment, on the other hand, is expected to grow at the highest compound annual growth rate of 8.3% during the forecast period.

The global PCB design software market is also subdivided into 2D/3D multi-board design, data management, IC package design and verification, calculation and collaboration according to applications. Among these market segments, the 2D/3D multi-board design segment is expected to grow from US$60,42.627 million in 2019 to a revenue of US$991,934 thousand by the end of 2028, thus gaining the largest market share. Alternatively, the computing and collaboration department is expected to grow at the highest compound annual growth rate of 8.4% during the forecast period.

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The global PCB design software market is also segmented by components, types, deployments, enterprise size, users, and vertical industries.

Global PCB design software market, segmented by component

Global PCB design software market, segmented by type

The global PCB design software market, segmented by deployment

The global PCB design software market, segmented by company size

Global PCB design software market, segmented by users

The global PCB design software market, segmented by industry vertical

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Some of the leading companies in the global PCB design software market are Autodesk Inc., Cadence Design Systems, Inc., Siemens AG, ANSYS, Inc., Altium Limited, Zuken, Novarm Limited (DipTrace), National Instruments Corporation, Synopsys, Inc. , And others.

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