Fresh PCB Concepts: The Journey of a PCB—A Tale of Sustainability and Circularity
Beyond Design: Integrated Circuit to PCB Integration
The Shaughnessy Report: Silicon to Systems—The Walls Are Coming DownElectronic System Design Industry Posts Record $4.7 Billion in Revenue in Q3 2023, ESD Alliance Reports
January 8, 2024 | SEMIEstimated reading time: 1 minute
Electronic System Design (ESD) industry revenue increased 25.2% to $4,702.4 million in the third quarter of 2023 from the $3,756.3 million logged in the third quarter of 2022, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report. The four-quarter moving average, which compares the most recent four quarters to the prior four, rose 13.8%.
“Electronic design automation (EDA) reported record revenue growth in Q3 23,” said Walden C. Rhines, Executive Sponsor of the SEMI Electronic Design Market Data report. “This was the highest overall growth since Q4 1998. The Computer-Aided Engineering, IC Physical Design and Verification, Printed Circuit Board and Multi-Chip Module, and Semiconductor Intellectual Property categories reported double-digit growth. Further, all geographic regions reported substantial growth.”
The companies tracked in the EDMD report employed 59,737 people globally in Q3 2023, a 10.6% jump over the Q3 2022 headcount of 53,034 and up 1% compared to Q2 2023.
The quarterly EDMD report contains detailed revenue information with the following category and geographic breakdowns.
Revenue by Product and Application Category – Year-Over-Year Change
- Computer-Aided Engineering (CAE) revenue increased 22.4% to $1,657.5 million. The four-quarter CAE moving average increased 16.7%.
- IC Physical Design and Verification revenue surged 45.3% to $904.5 million. The four-quarter moving average for the category increased 29%.
- Printed Circuit Board and Multi-Chip Module (PCB and MCM) revenue rose 23.6% to $426.1 million. The four-quarter moving average for PCB and MCM rose 14%.
- Semiconductor Intellectual Property (SIP) revenue increased 22.1% to $1,575.9 million. The four-quarter SIP moving average rose 5.3%.
- Services revenue slipped 3.9% to $138.3 million. The four-quarter Services moving average rose 6%.
Revenue by Region – Year-Over-Year Change
- The Americas, the largest reporting region by revenue, procured $1,984.1 million of electronic system design products and services in Q3 2023, a 22.8% jump. The four-quarter moving average for the Americas rose 11.2%.
- Europe, Middle East, and Africa (EMEA) procured $551.1 million of electronic system design products and services in Q3 2023, a 21.5% increase. The four-quarter moving average for EMEA grew 13.4%.
- Japan’s procurement of electronic system design products and services increased 30.5% to $309.3 million. The four-quarter moving average for Japan increased 9.4%.
- Asia Pacific (APAC) procured $1,858 million of electronic system design products and services in Q3 2023, a 28.1% increase. The four-quarter moving average for APAC grew 17.8%.
Share on:
Suggested Items
ZESTRON to Exhibit & Present at Upcoming SMTA International 2024
09/13/2024 | ZESTRONZESTRON, the global leader in high-precision cleaning products, services, and training solutions for the electronics manufacturing industry, is excited to announce its participation in the upcoming SMTA International (SMTAI) (SMTAI) 2024.
SigmaTron Regains Compliance with Nasdaq Listing Rule 5250
09/13/2024 | Globe NewswireSigmaTron International, Inc., an electronic manufacturing services company), announced today that on September 10, 2024, it received notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC.
Mycronic Appoints Nomination Committee
09/13/2024 | MycronicThe Nomination Committee for Mycronic’s 2025 Annual General Meeting has been appointed in accordance with the instructions for the Nomination Committee as decided by the 2024 Annual General Meeting.
Smiths Detection Unveils the SDX 6040: An Advanced X-Ray Screening Solution Redefining Mobility, Imaging, and Precision Detection
09/12/2024 | BUSINESS WIRESmiths Detection, a global leader in threat detection and security screening technologies, and a business of Smiths Group plc, announces the launch of the SDX 6040 Enhanced Image Quality (EIQ), a cutting-edge screening solution designed to meet the dynamic demands of modern security environments.
KYZEN Wins Two Mexico Technology Awards for KYZEN SLV901 and KYZEN ANALYST²
09/12/2024 | KYZEN'KYZEN, the global leader in innovative environmentally friendly cleaning chemistries, is proud to announce that it has been awarded two prestigious 2024 Mexico Technology Awards. KYZEN received recognition in the category of Cleaning Materials for its KYZEN SLV901 and in the category of Process Control Tools for the KYZEN ANALYST².