PCB Software Market 2021

AbsoluteMarketsInsights Presents “PCB Software Market Research Report –Global Forecast to 2030” New Document to its Studies Database

Global Printed Circuit Board (PCB) software market was valued at 1,136.5 Million USD in 2018 and is expected to reach 2,352.5 Million USD by 2027, growing at a CAGR of 8.44% from 2019 to 2027

The creation of consumer electronic devices and most of the auto-electric components is unimaginable in the absence of a Printed Circuit Board (PCB). Electronic components are held together with the help of a PCB board. In this era of miniaturization of various devices, the role played by a PCB software cannot be overstated. Proper spacing of the components, along with the connectivity, dictates the functioning capacity of a printed circuit board. Based on the mode of deployment, PCB software can either be deployed on the premise or in the cloud. The proliferation of the internet, coupled with the advancement in cloud computing technology, is enabling device manufacturers to access PCB software from cloud. The ease of deployment and maintenance is highly attractive to both the users and the vendors. As a result of this, cloud-based PCB software is expected to show maximum growth, with a CAGR of 8.79% during the forecast years. EasyEDA, for example, provides an online tool that aids in the design of printed circuit boards. However, the share of the on-premise software in the global PCB software market is the highest at the moment (2018).



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Major Key Players:

Some of the prominent players operating in the PRINTED CIRCUIT BOARD (PCB) software market include Altium LLC, Autodesk Inc., Cadence Design Systems Inc., KiCad, Mentor, Novarm Limited, Synopsys, Inc., WestDev, and Zuken amongst others.

Key Findings of the Report:

In 2018, the global PRINTED CIRCUIT BOARD (PCB) software market was valued at 1,136.5 Million USD and is expected to reach 2,352.5 Million USD by 2027, growing at a CAGR of 8.44% from 2019 to 2027.

Consumer electronics segment accounted for the major market share in 2018, holding US$ 419.0 Million in 2018 in terms of market revenue.

Based on deployment, on premise accounted for maximum market share in 2018, growing at a CAGR of 8.31% during the forecast period.

On the basis of type, PRINTED CIRCUIT BOARD (PCB) layout type currently holds the majorly of the market share (2018) and is expected to grow at a CAGR of 8.43% during the forecast period.

Market Segmentation

By Deployment

On Premise

Cloud Based

By Type

PRINTED CIRCUIT BOARD (PCB) Layout

Schematic Capture

By Industry Verticals

Consumer Electronics

Telecommunication

Automotive

Aerospace & Defense

Healthcare

Others

By Region

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Indonesia

Thailand

Malaysia

Singapore

Rest of Southeast Asia

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

.…

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Shreyas Tanna

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Absolute Markets Insights

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