Europe's PCB design software industry was valued at US$ 568.20 million in 2023. The industry is expected to reach US$ 1,479.2 million by 2033, expanding at a CAGR of 10.5% during the forecast period.
| Attributes | Key Insights |
|---|---|
| Base Value (2022) | US$ 260.51 million |
| Estimated Europe PCB Design Software Industry Size (2023) | US$ 568.20 million |
| Projected Europe PCB Design Software Revenue (2033) | US$ 1479.2 million |
| Value-based CAGR (2023 to 2033) | 10.5% |
The growing adoption of PCB design software solutions is set to be propelled by their pivotal role in streamlining the intricate process of designing printed circuit boards (PCBs). These software solutions offer advanced functionalities, including schematic capture, layout design, and simulation tools, facilitating efficient electronic product development.
With an increasing emphasis on innovation and rapid prototyping in the electronics industry, PCB design software is crucial in reducing time-to-market and overall development costs. Moreover, integrating cutting-edge features such as cloud collaboration, artificial intelligence, and 3D printing capabilities enhances the software's appeal, attracting a broad user base ranging from novice designers to seasoned professionals.
The printed circuit board (PCB) design software industry is anticipated to propel due to the growing requirement to reduce product development time and defects. When designing a PCB, an engineer considers several factors, including desired input, error tolerance, and input signals.
With the help of PCB software design, an engineer can also simulate the circuit design and experience the practical problems of implementing the circuit. These features and advantages are anticipated to fuel growth in the industry.
As the demand for sophisticated and reliable electronic devices continues to rise, the adoption of PCB design software is expected to surge, fostering a more dynamic and competitive electronics landscape.
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From 2018 to 2022, Europe’s PCB design software industry grew a CAGR of 9.4%, reaching an industry size of US$ 568.20 million in 2023.
Europe’s PCB design software industry is expected to rise at a CAGR of 10.5% from 2023 to 2033.
Principal Consultant
The table presents the expected CAGR for Europe’s PCB design software industry over several semi-annual periods spanning from 2022 to 2033. In the first half (H1) of the decade from 2022 to 2032, the field is predicted to surge at a CAGR of 10.1%, followed by a slightly higher growth rate of 10.5% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 2023 to H2 2033, the CAGR is projected to remain moderate to 10.5% in the first half and surge at 12.7% in the second half.
Semi-annual Insights
| Particular | Value CAGR |
|---|---|
| H1 | 10.1% (2022 to 2032) |
| H2 | 10.5% (2022 to 2032) |
| H1 | 10.5% (2023 to 2033) |
| H2 | 12.7% (2023 to 2033) |
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A comprehensive analysis of growth and challenges has been tabulated below, where the PCB design software industry in Europe is compared with two industries that have the potential to compete rigorously with the security screening industry and the open banking industry. The growth rates and current industry valuation are mentioned in the table below.
Europe PCB Design Software Industry Analysis:
| Attributes | Industry Analysis of PCB Design Software in Europe |
|---|---|
| CAGR (2023 to 2033) | 10.5% |
| Growth Factor | To improve overall productivity, minimize errors, and streamline the design process, PCB design software is increasingly integrating automation and artificial intelligence (AI) elements. |
| Trends in the Europe PCB Design Software Industry | Integrated modeling and analysis tools found in design software are being used by PCB designers. Prior to the construction of physical prototypes, this enables more precise forecasts of performance, thermal concerns, and future problems. |
Security Screening Industry Outlook:
| Attributes | Security Screening Demand Outlook |
|---|---|
| CAGR (2023 to 2033) | 8.2% |
| Growth Factor | Cybersecurity is becoming important as screening systems become more digitally connected. When developing and implementing security screening solutions, it is now essential to ensure the confidentiality and integrity of data transferred between screening devices and backend systems. |
| Key Trend | One notable trend in security screening procedures is the incorporation of automation and artificial intelligence. Artificial intelligence (AI) algorithms are used to evaluate data from different screening devices, increasing threat detection accuracy and efficiency while decreasing false positives. |
Open Banking Sales Forecast:
| Attributes | Open Banking Sales Forecast |
|---|---|
| CAGR (2023 to 2033) | 19.7% |
| Growth Factor | Financial organizations are improving analytics and gaining important insights by utilizing the abundance of data made available by open banking. Better risk management, more precise credit scoring, and enhanced decision-making are made possible by this data-driven methodology. |
| Key Trend | In an effort to capitalize on their knowledge and innovations in technology, fintech companies are mainly working with traditional banks. Through these collaborations, banks are able to better serve their clients, maintain their competitiveness in the quickly changing financial sector, and improve consumer experiences. |
The table below shows the estimated growth rates of the top four countries. France, the United Kingdom, and Germany are set to record high CAGRs of 12.0%, 10.4%, and 11.6% respectively, through 2033.
| Country | Value CAGR |
|---|---|
| Germany | 11.6% |
| Italy | 9.4% |
| United Kingdom | 10.4% |
| France | 12.0% |
Germany's PCB design software industry is expected to surge at a CAGR of 11.6% by 2033. This rising popularity is attributed to:
The PCB design software industry in the United Kingdom is anticipated to surge at 10.4% CAGR during the forecast period. Key factors influencing the industry include:
France's PCB design software industry is estimated to rise at a CAGR of 12.0%. Top factors supporting the industry’s expansion in the country include:
The section below shows the service segment leading in terms of solution. It is estimated to thrive at an 11.5% CAGR between 2023 and 2033. Based on industry, the electronics and electrical segment is anticipated to hold a dominant share through 2033. It is set to exhibit a significant CAGR during the forecast period.
| Solution | Value CAGR |
|---|---|
| Software | 8.6% |
| Services | 11.5% |
The service segment is expected to dominate the Europe PCB design software industry with a CAGR of 11.5% from 2023 to 2033. This segment captured a significant industry share in 2023 due to the high demand for loan software.
The industry for PCB design software in Europe is anticipated to be dominated by the electronics and electrical sectors. The segment held a significant industry share in 2023.
Europe’s PCB design software industry is competitive, with established players and start-ups vying for industry share. Key companies in the electronic design automation (EDA) sector offer comprehensive PCB design software tools, covering several functionalities such as schematic capture and layout design. Niche players also focus on specific aspects of PCB design or provide specialized solutions.
Key players invest in research & development, offering cutting-edge features and compatibility with technological advancements. They often engage in strategic partnerships and acquisitions to expand their product portfolios.
Start-ups introduce agile solutions, addressing industry challenges or emerging trends like artificial intelligence, machine learning, and cloud-based solutions. Leading companies adapt quickly to changing industry dynamics and provide tailored solutions to niche industries or specialized applications.
Open-source PCB design software solutions are gaining popularity, offering an alternative approach to traditional commercial software. The dynamic nature of the electronics industry and continuous technological advancements are prompting companies to remain responsive to emerging trends and customer demands.
Key Development:
Key Player:
Europe's industry was valued at US$ 568.20 million in 2023.
Demand in Europe is slated to expand at a 10.5% CAGR through 2033.
The target industry is set to reach US$ 1479.2 million in 2033.
The service segment is expected to garner a significant value share by 2023.
Europe’s industry was valued at US$ 260.51 million in 2022.
1. Executive Summary 1.1. Europe Industry Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Industry Overview 2.1. Industry Coverage / Taxonomy 2.2. Industry Definition / Scope / Limitations 3. Key Trends 3.1. Key Trends Impacting the Industry 3.2. Solution Innovation / Development Trends 3.3. Mergers and Acquisition 4. Pricing Analysis 4.1. Types of Pricing Models 4.1.1. Subscription-based 4.1.2. Perpetual Licenses 4.2. Average Pricing Analysis Benchmark 5. VC Funding Outlook 5.1. Key and Noticeable Start-ups 5.2. Growth in VC Funding, By Year (2021 vs 2022 vs 2023) 5.3. Latest Funding Received, by Key Start-ups 5.4. Major Investors 6. Industry Background 6.1. Macro-economic Factors 6.2. Forecast Factors - Relevance and Impact 6.3. Value Chain 6.3.1. Software Vendors 6.3.2. System Integrators/Consultants 6.3.3. Distributors 6.3.4. Value Added Resellers 6.3.5. End-users 6.4. COVID-19 Crisis – Impact Assessment 6.4.1. Current Statistics 6.4.2. Short-Mid-Long Term Outlook 6.4.3. Likely Rebound 6.5. Industry Dynamics 6.5.1. Drivers 6.5.2. Restraints 6.5.3. Opportunity Analysis 7. Western Europe Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 7.1. Introduction 7.2. Historical Size (US$ million) Analysis By Taxonomy, 2018 to 2022 7.3. Current and Future Size (US$ million) Forecast By Taxonomy, 2023 to 2033 7.3.1. By Country 7.3.1.1. Germany 7.3.1.2. Italy 7.3.1.3. France 7.3.1.4. United Kingdom 7.3.1.5. Spain 7.3.1.6. BENELUX 7.3.1.7. Nordics 7.3.1.8. Rest of Europe 7.3.2. By Solution 7.3.3. By Industry 7.4. Industry Attractiveness Analysis 7.4.1. By Country 7.4.2. By Solution 7.4.3. By Industry 7.5. Key Trends 7.6. Key Participants - Intensity Mapping 7.6.1. Dassault Systèmes (Solidworks) 7.6.2. Zuken GmbH 7.6.3. WestDev Ltd. 7.6.4. Ansys UK Limited 7.6.5. Autodesk SA 7.6.6. Pulsonix 8. Eastern Europe Industry Analysis 2018 to 2022 and Forecast 2023 to 2033 8.1. Introduction 8.2. Historical Size (US$ million) Analysis By Taxonomy, 2018 to 2022 8.3. Current and Future Size (US$ million) Forecast By Taxonomy, 2023 to 2033 8.3.1. By Country 8.3.1.1. Russia 8.3.1.2. Poland 8.3.1.3. Balkan and Baltics 8.3.1.4. Rest of Eastern Europe 8.3.2. By Solution 8.3.3. By Industry 8.4. Industry Attractiveness Analysis 8.4.1. By Country 8.4.2. By Solution 8.4.3. By Industry 8.5. Key Trends 8.6. Key Participants - Intensity Mapping 8.6.1. Ansys OOO 8.6.2. Autodesk GmbH 8.6.3. DipTrace 9. Country-wise Industry Analysis 9.1. Germany Industry Analysis 9.1.1. By Solution 9.1.2. By Industry 9.2. Italy Industry Analysis 9.2.1. By Solution 9.2.2. By Industry 9.3. France Industry Analysis 9.3.1. By Solution 9.3.2. By Industry 9.4. United Kingdom Industry Analysis 9.4.1. By Solution 9.4.2. By Industry 9.5. Spain Industry Analysis 9.5.1. By Solution 9.5.2. By Industry 9.6. Nordics Industry Analysis 9.6.1. By Solution 9.6.2. By Industry 9.7. Russia Industry Analysis 9.7.1. By Solution 9.7.2. By Industry 9.8. Poland Industry Analysis 9.8.1. By Solution 9.8.2. By Industry 9.9. Balkan and Baltics Industry Analysis 9.9.1. By Solution 9.9.2. By Industry 10. Industry Structure Analysis 10.1. Industry Analysis by Tier of Companies 10.2. Industry Share Analysis of Top Players 11. Competition Analysis 11.1. Competition Dashboard 11.2. Ranking of Major Vendors, By Key Criteria 11.2.1. By Solution Capabilities 11.2.2. By Business Expertise Outlook 11.3. Matrices for Industry Footprint/Coverage, By Vendors 11.4. Matrices for Region Footprint/Coverage, By Vendors 11.5. Competition Deep Dive ( Major & Established Vendors) 11.5.1. Autodesk Inc. 11.5.1.1. Business Overview 11.5.1.2. Solution Portfolio and Strengths 11.5.1.3. Key Clients Footprint 11.5.1.4. Industry Coverage 11.5.1.5. Go-to-Market Approach & Strategies 11.5.1.6. Recent Developments (Partnerships, Mergers etc.) 11.5.2. SolidWorks (Dassault Systèmes) 11.5.3. Zuken Inc. 11.5.4. Altium 11.5.5. Synopsys Inc. 11.5.6. Cadence Design Systems 11.5.7. WestDev Ltd. 11.5.8. ANSYS Inc. 11.5.9. KiCad 11.5.10. EasyEDA 11.5.11. Labcenter Electronics 11.5.12. Siemens 11.5.13. National Instruments Corp 11.5.14. Altair Engineering 11.5.15. Novarm Limited 11.6. Key PCB Designing Startups to watch for 11.6.1. Celus 11.6.2. Patchr 11.6.3. CADY 11.6.4. Luminovo 11.6.5. Nangate 11.6.6. Elephantech 11.6.7. Jiepei Technology 12. Assumptions and Acronyms Used 13. Research Methodology
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PCB Design Software Industry Analysis in Europe
