There is a need for more effective and efficient printed circuit board (PCB) design. This need can be addressed by, for example, solutions for performing automated PCB component estimation. In one example, a method includes identifying a PCB image of a PCB; performing chromaticity-based background subtraction on the PCB image to generate a background-subtracted PCB image; performing morphological noise removal on the background-subtracted PCB image to generate a noise-removed PCB image; and performing object localization on the noise-removed PCB image to identify one or more PCB component estimations within the noise-removed PCB image.