Today, we’re rounding up the best PCB Design statistics for 2023 your business must know.
Let’s get started.
Key PCB Design Statistics 2023 – MY Choice
There are over 12,231 pcb designers currently employed in the United States.
14.6% of all pcb designers are women, while 85.4% are men.
The average age of an employed pcb designer is 44 years old.
The most common ethnicity of pcb designers is White (68.3%), followed by Asian (15.6%), Hispanic or Latino (9.7%) and Black or African American (4.3%).
In 2021, women earned 96% of what men earned.
Pcb designers are 55% more likely to work at public companies in comparison to private companies.
PCB Design Market Statistics
The global PCB market size is projected to hit $86.17 billion by 2026, up from $70.92 billion in 2020, attaining a compound annual growth rate of 3.3% during 2021.
PCB market was valued at $9.49 billion in 2017 and is projected to reach $22.25 billion by 2025, with a CAGR of 11.1% from 2018 to 2025.
14.6% of pcb designers are women and 85.4% of pcb designers are men.
The global Flexible PCB market size is projected to reach $15.29 billion by 2026, from $12.76 billion in 2020, at a CAGR of 3.1% during 2021.
The Multilayer PCB market was valued at $23 billion in 2018 and is projected to reach $26.7 billion by 2025, at a CAGR of 1.9% during the forecast period.
And as noted earlier, the global PCB market is fragmented with the top 10 suppliers listed above account for 36% of the global market — all headquartered in the APAC region.
This data shows how men and women predominate in the pcb designer position over time.
demand in terms of applications, below are the most recent happenings in the industry Communications together account for around 60% of the global PCB market and are expected to retain the dominance.
The market garnered a revenue of USD 1,14,0000 Thousand in the year 2019 and is further projected to reach USD 1,979,174.7 Thousand by the end of 2028 by growing at a CAGR of 6.8% during the forecast period.
In the year 2019, the market in the region garnered a revenue of USD 428,640 Thousand, and it is further expected to reach USD 757,672.4 Thousand by the end of 2028, by growing with a CAGR of 7% during the forecast period.
PCB Designer Gender By Year
Out of these, the market in the U.S. is expected to hold the largest market share during the forecast period and also grow with the highest CAGR of 7.2% during the forecast period.
The market in France, on the other hand, is expected to grow with the highest CAGR of 8.1% during the forecast period.
The most common ethnicity among pcb designers is White
PCB Design Latest Statistics
For any new product, around 70 80% of production costs come from decisions made during the design phase.
14.6% of all PCB Designers are women,.
The most common ethnicity of PCB Designers is White (68.3%), followed by Asian (15.6%) and Hispanic or Latino (9.7%).
In 2021, women earned 96% of what men earned.
PCB Designer Race:
PCB Designer Race
Hispanic or Latino
Black or African American
American Indian and Alaska Native
The top 10% of highest paid PCB Designers earn as much as $134,000 or more.
Among PCB Designers, 14.6% of them are women compared to 85.4% which are men.
The most common ethnicity among PCB Designers is White, which makes up 68.3% of all PCB Designers.
PCB Designer Race And Ethnicity Over Time:
Comparatively, there are 15.6% of the Asian ethnicity and 9.7% of the Hispanic or Latino ethnicity.
White, 68.3% Asian, 15.6% Hispanic or Latino, 9.7% Black or African American, 4.3%.
Unknown, 1.9% American Indian and Alaska Native, 0.2%.
PCB Designer Race By Year:
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010 2019 among PCB Designers.
Interestingly enough, the average age of PCB Designers is 40+ years old, which represents 62% of the population.
45% of PCB Designers earn that degree.
A close second is Bachelor’s Degree with 36% and rounding it off is Diploma with 8%.
Bachelors, 36% Diploma, 8% High School Diploma, 6%.
Other Degrees, 5% PCB Designer Degree Percentages.
Asian pcb designers have the highest average salary compared to other ethnicities. Unknown pcb designers have the lowest average salary at $79,939.
< 50 employees 50 100 employees 100 500 employees 500 1,000 employees 1,000 10,000 employees > 10,000 Company Size Percentages Employees with the PCB Designer job title have their preferences when it comes to working for a company.
By looking over 861 PCB Designers resumes, we figured out that the average PCB Designer enjoys staying at their job for 1 2 years for a percentage of 31%.
The most common foreign language among PCB Designers is Spanish at 18.2%.
AVERAGE AGE OF A PCB DESIGNER:
The secondmost popular foreign language spoken is Mandarin at 18.2% and Portuguese is the third most popular at 9.1%.
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