Global Electrical Computer-Aided Design (ECAD) Market Overview
Electrical Computer-Aided Design (ECAD) Market Size was valued at USD 2,318.2 Million in 2022. The Electrical Computer-Aided Design (ECAD) Market industry is projected to grow from USD 2,542.5 Million in 2023 to USD 5,400.0 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.7 % during the forecast period (2023 - 2032).
Electrical computer-aided design (ECAD) is a software for creating and modifying both layouts and diagrams of electrical circuits such as printed circuit boards (PCB) and integrated circuits (ICs). ECAD software help engineers to create electrical schematic designs and systems seamlessly and at a rapid pace as compared to traditional, by-hand methods with higher accuracy and precision. This software is widely used to automate tasks such as filling out components lists and bills of materials (BoM). ECAD is used for different purposes such as diagramming, 3D assembly, concurrent designing and generating manufacturing documentation, among others.
Figure1: Electrical Computer-Aided Design (ECAD) Market, 2019 - 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Electrical Computer-Aided Design (ECAD) Market Driver
- INCREASING USE OF CLOUD-BASED ECAD TOOLS
The introduction of cloud-based electrical and electronic computer-aided design tools has eliminated the need for time-consuming, unreliable equipment while also making it easy to implement them in the sector. Electrical and Electronic Computer-Aided Design software also controls minor and repetitive activities, lowering the time required to design the equipment. Such reasons have contributed to the expansion of the Electrical & Electronic Computer-Aided Design business.
Cloud computing is a driving force for the designing field, as it enables designers to access tools and collaborate with their teams over a single platform to make informed decisions during the designing stage. According to a Worldwide CAD Trends 2016 survey conducted by Business Advantage, the use of cloud-based CAD is likely to go up to 29% over the next three to five years. Cloud-based engineering ECAD tools provide engineers and designers with several benefits such as increased mobility, ease of software updates, greater storage capabilities, and enhanced scalability. Cloud-based ECAD tools provide end-to-end design, testing, documentation, and manufacturing solutions to organizations for preparing various electronic structures. Cloud-based ECAD tools reduce the capital expenditure, due to which, small- and medium-sized enterprises are adopting these solutions, further triggering the market growth. Cadonix Ltd provides Arcadia—a cloud-based ECAD tool which provides powerful cloud and browser technologies, to offer a collaborative framework for manufacturing and electronic design. The company focuses on increasing communication between original equipment manufacturers (OEMs) and suppliers and provide real-time access to the engineering processes.
Electrical Computer-Aided Design (ECAD) Market Component Segment Insights:
Electrical Computer-Aided Design (ECAD) Component Insights
Based on components, the Electrical Computer-Aided Design (ECAD) Market segmentation includes Services and Software. The software segment is the largest market segment, accounting for 59.3% of the total market share. Electronic systems such as printed circuit boards (PCBs) and integrated circuits (ICs) are designed and developed using electrical computer-aided design (ECAD) software programs. Electrical engineers can use ECAD software to create and edit schematics and layouts, including 2D and 3D models. Electronic design automation (EDA) is another name for ECAD. ECAD software offers various advantages over computer-aided design (CAD) software, such as multi-view project files, real-time design rule checks (DRC), mechanical computer-aided design (MCAD) integration, and a library of electrically aware parts. ECAD software can produce various deliverables managed by by-product data management software. A user can create several templates representing joint projects and then initialize new layouts from templates to preload all the configured information. EAGLE Design Software, Proteus, and Allegro are a few examples of ECAD software.
Figure2: Electrical Computer-Aided Design (ECAD) Market, by Component, 2022 & 2032 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Electrical Computer-Aided Design (ECAD) Market Industry Type Segment Insights:
Electrical Computer-Aided Design (ECAD) Industry Type Insights
Based on industry Type, the Electrical Computer-Aided Design (ECAD) market is divided into the Discrete Industry Process Industry. The segment Discrete Industry hold 71.4% of the total market share. Discrete industries produce individually assembled electronics, medical devices, and industrial gear. Engineers can use ECAD software to develop electronic goods more efficiently and precisely. It can build electronic product schematics, PCB layouts, and 3D models. This assists engineers in documenting the product's design, identifying potential difficulties, and ensuring the product is manufactured. ECAD software (Electronic Computer-Aided development) develops electronic goods in the discrete sector. Discrete manufacturing involves the production of distinct products that can be combined or integrated with another product. Discrete manufacturing is used in high-precision, low-volume, or low-recision and high-volume manufacturing situations. While the discrete industry involves the production of whole equipment or parts/components, ECAD is required to create and modify the design of an equipment manufacturing process. Various software providers, such as Autodesk, offer ECAD software solutions for discrete product manufacturing. The solutions provide 3D model designing, engineering, data, and process management.
Electrical Computer-Aided Design (ECAD) Market Application Segment Insights:
Electrical Computer-Aided Design (ECAD) Application Insights
Based on Application, the Electrical Computer-Aided Design (ECAD) Market segmentation includes Industrial Machine Control, Plant Design, Mining Equipment Control, Rail Signaling, Switchgear Design, Water Treatment & Distribution System Control, Others. The Industrial Machine Control segment holds the majority market share in 2022 contributing 23% of the market share. ECAD software (Electronic Computer-Aided Design) is used to design electronic goods in industrial machine controllers. The electrical systems that govern the functioning of industrial machinery are known as industrial machine controls. They are employed in many areas, such as manufacturing, automation, and transportation. Machine control helps in increasing productivity, reducing costs, and improving ease-of-use. Industrial machines are custom designed for their specific purpose and are optimized for throughput, precision, and availability. ECAD in industrial machine control is used to build high-precision machines that can handle complex production processes with higher precision. This software helps in the validation and approval of processes to speed up cycle time and for improving product quality. ECAD generates standardized schematics for an entire system simply by defining circuit variables within a file.
Electrical Computer-Aided Design (ECAD) Market Industry Vertical Segment Insights:
Electrical Computer-Aided Design (ECAD) Industry Vertical Insights
Based on Industry Vertical, the Electrical Computer-Aided Design (ECAD) Market segmentation includes Automotive, Aerospace & Defense, Railway, Equipment and Machinery, Construction, Power Generation & Energy, Oil & Gas, Food & Beverages, Others. Automotive segment holds the majority market share in 2022 contributing 31.7% of the market share. Over the years, automotive technology has emerged at a rapid pace. This has led to the rise in electronics-laden complex automotive systems that include autonomous technology, mobility as a service, and AI. Therefore, automotive manufacturers are opting for intricate software solutions that can aid the development of electromechanical systems. With the advent of 3D printing in the automobile sector, new-age car design software has grown in relevance, and the demand for designers who understand additive manufacturing design principles is growing. ECAD is one such solution that increases productivity and ensures a robust design. ECAD software is used for prototyping simplified system designs that offer benefits such as a reduction in complex cabling structure and switchboard control. It also helps reduce the complexity of embedded systems. ECAD aids manufacturers in making innovative vehicles with minimum design errors.
Electrical Computer-Aided Design (ECAD) Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of World. In terms of revenue, North America is the largest and most advanced market for the Electrical Computer-Aided Design (ECAD) Market. . The major electronics and semiconductor companies in the US are increasingly adopting 3D printing technologies with the help of computer-aided design for printed circuit board designs. 3D modeling is one of the leading application areas wherein ECAD is predominantly being used. Moreover, the use of ECAD is widely being used in the automotive industry for vehicle crash development, durability simulation, NVH simulation, and product data management. This widespread use of ECAD software has subsequently increased the production efficiency of automobiles. Cloud-based ECAD software is gaining popularity in North America. This is due to the fact that cloud-based software allows engineers to view their ideas from any location, which improves collaboration and efficiency. The manufacturing enterprises in Canada are rapidly adopting visual representation techniques in the manufacturing of distinct parts and equipment. Moreover, the education and research sectors in Canada are providing various support and training services to students as well as industry professionals. Major market players operating in the region are Autodesk Inc., Bentley Systems Inc., Trimble Inc., Cadence Design Systems Inc., and Mentor Graphics (Siemens), among others.
Figure3: ELECTRICAL COMPUTER-AIDED DESIGN (ECAD) MARKET SIZE BY REGION 2022&2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Europe has been segmented into the UK, Germany, France, and the rest of Europe. The market growth is mainly attributed to advancements in cloud-based ECAD tools and services. The major factor contributing to the growth of the electronic computer-aided design (ECAD) market in Europe is the low cost of adoption and greater storage capabilities of cloud-based solutions and services. The collaboration of major players with small start-ups for the development of computer-aided design tools is boosting market growth.
Furthermore, Europe has a strong and advanced automotive sector that is also increasing due to the development of the manufacturing process via computer-aided design tools for the production and autonomous and semi-autonomous vehicles. BMW and Daimler AG have started simulating autonomous vehicles designing. Europe is one of the leading adopters of electrical computer-aided design software. The demand for ECAD in the region is projected to increase at a rapid pace owing to the surge in industrial automation. The key players operating in the market are EPLAN, ALPI International Software SA, Nemetschek SE, Dassault Systemes SE and IGE+XAO.
Electrical Computer-Aided Design (ECAD) Key Market Players & Competitive Insights
The Electrical Computer-Aided Design (ECAD) market is characterized by the presence of many global, regional, and local players. The market is competitive, with all the players competing to gain maximum market share. The increasing use of cloud-based ECAD tools and rising demand for electronic design automation (EDA) are contributing to the growth of the Electrical Computer-Aided Design (ECAD) Market. Moreover, the proliferation of smart grids and smart metering is projected to create opportunities in the Electrical Computer-Aided Design (ECAD) Market. However, the lack of technical expertise and concerns regarding the piracy of engineering software might hamper the growth of the Electrical Computer-Aided Design (ECAD) Market soon.
According to MRFR analysis, the growth of the Electrical Computer-Aided Design (ECAD) market is dependent on market conditions. The key vendors in the market are Zuken, Aucotec AG, WSCAD, Mentor Graphics (Siemens), Autodesk Inc., SIENNA ECAD Technologies, Dassault Systèmes, SE, Trimble Inc., HEXAGON AB, IGE+XAO Group, EPLAN Software & Service GmbH & Co. KG (EPLAN), Bentley Systems, Inc., ALPI International Software SA, and Cadence Design System Inc.
These companies are focusing on enhancing their products with the integration of improved technologies. Moreover, these companies are prominent providers of Electrical Computer-Aided Design (ECAD) and compete in the Electrical Computer-Aided Design (ECAD) market to increase their geographic presence, expand their customer base, and form strategic partnerships.
Key Companies in the Electrical Computer-Aided Design (ECAD) Market include
Electrical Computer-Aided Design (ECAD) Industry Developments
- In August 2022, Bureau of Industry and Security (BIS), a department of commerce in the United States, issued a proclamation prohibiting the export of electronic computer-aided design (ECAD) software created for integrated circuit development featuring a gate-all around field-effect transistor (GAAFET) structure.
Electrical Computer-Aided Design (ECAD) Market Segmentation
Electrical Computer-Aided Design (ECAD) Component Outlook
- Software
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Services
- Support
- Training
- Maintenance
Electrical Computer-Aided Design (ECAD) Industry Type Outlook
- Discrete Industry
- Process Industry
Electrical Computer-Aided Design (ECAD) Application Outlook
- Industrial Machine Control
- Plant Design
- Mining Equipment Control
- Rail Signaling
- Switchgear Design
- Water Treatment & Distribution System Control
- Others
Electrical Computer-Aided Design (ECAD) Industry Vertical Outlook
- Automotive
- Aerospace & Defense
- Railway
- Equipment and Machinery
- Construction
- Power Generation & Energy
- Oil & Gas
- Food & Beverages
- Others
Electrical Computer-Aided Design (ECAD) Regional Outlook
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North America
-
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Rest of World
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Report Attribute/Metric
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Details
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Market Size2022
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USD 2,318.2 million
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Market Size 2023
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USD 2,542.5 million
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Market Size 2032
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USD 5,400.0 million
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Compound Annual Growth Rate (CAGR)
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8.7% (2023-2032)
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Base Year
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2022
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Market Forecast Period
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2023-2032
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Historical Data
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2019- 2022
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Market Forecast Units
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Value (USD Million)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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Component, Industry Type, Application, Industry Vertical, and Region
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Geographies Covered
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Europe, North America, Asia-Pacific and Rest of World
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Countries Covered
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The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, Brazil, and others.
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Key Companies Profiled
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Zuken, Aucotec AG , WSCAD, Mentor Graphics (Siemens) ,Autodesk Inc. , SIENNA ECAD Technologies , Dassault Systèmes SE ,Trimble Inc. , HEXAGON AB , IGE+XAO Group, EPLAN Software & Service GmbH & Co. KG (EPLAN), Bentley Systems, Inc., ALPI International Software SA, Cadence Design System Inc.
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Key Market Dynamics
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·      Increasing use of cloud-based ECAD tools
·      Increasing demand for electronic design automation (EDA)
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Key Market Opportunity
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·      Proliferation of smart grids and smart metering
·      Need for standardized server management platforms
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Frequently Asked Questions (FAQ) :
The Electrical Computer-Aided Design (ECAD) Market size is expected to be valued at USD 2,318.2 Million in 2022.
The global market is projected to grow at a CAGR of 8.7% during the forecast period, 2023-2032.
North America had the largest share of the global market.
The key players in the market are Zuken, Aucotec AG , WSCAD, Mentor Graphics (Siemens) ,Autodesk Inc. , SIENNA ECAD Technologies , Dassault Systèmes SE ,Trimble Inc. , HEXAGON AB , IGE+XAO Group, EPLAN Software & Service GmbH & Co. KG (EPLAN), Bentley Systems, Inc., ALPI International Software SA, Cadence Design System Inc..
The Software category dominated the market in 2022.
