Scope of the Study
Over the past few decades, the industrial design market has been growing steadily. Industrial design is the process of applying design to the products that are manufactured through mass production. It is also an art of creating intuitive, usable products optimized for store shelves. Most of the product designers in the world have experience with industrial design and work with clients from all manner of fields to create market-ready new products. Further, Growing incorporation of IoT among industrial sector and environmentally oriented manufacturing processes in the industrial sector in the forecast period are propelling the industrial design market.
The market study is being classified by Type (Product Design, Model Design and Fabrication, User Interface and Interaction Design and Others), by Application (Transportation, Electronic, Household, Machinery & Equipment and Others) and major geographies with country level break-up. According to AMA, the Global Industrial Design market is expected to see growth rate of 5.57%
DEO LLC (United States), Altran Technologies SA (France), Designworks (BMW AG), ARTOP Group (China), Accenture PLC (Ireland), Ammunition Group (United States), Ziba Design (United States), BlueFocus Intelligent Communications Group Co. Ltd. (China), PDD Group Ltd. (U.K.) and LUNAR Design (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are R&D Design (United States), GK Design Group (United States), RKS Design (United States) and Busse Design (United States).
The Global Industrial Design market is fragmented with several regional and international players.The market is likely to depend on IoT tools in the forecast period as they gain increasing acceptance in countries across the world. The industrial design is expected to incorporate more advanced tools and mechanisms to incorporate ever more advanced and complicated industrial design procedures
AdvanceMarketAnalytics has segmented the market of Global Industrial Design market by Type, Application and Region.
On the basis of geography, the market of Industrial Design has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Designing Process, the sub-segment i.e. 3D Software will boost the Industrial Design market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Investment in Computer Aided Design
- Growing Internet of Things (IoT) and Cloud Infrastructure Adaption by Industries
- Implementation of Green Engineering in Chemical Processing Industry
- Increasing Focus on Environmental Viability & Renewable Energy Sources for the Production
- Cost-efficient Layout Design to Produce Quality Products
- Equipment Downtime for Repair and Installation
- IoT Enabled Automation in Industrial Process
- Incorporation of Advanced Tools & Mechanisms for Industrial Design Processes
- Lack of Skilled Professionals in the Industrial Design market
Market Leaders and their expansionary development strategies
In Oct 2018, Design4India, a NASSCOM initiative in partnership with Facebook, aims to create massive transformational value for the product and startup ecosystem of India.
According to the Hague Agreement, it provides a mechanism for acquiring, maintaining and managing design rights in countries and intergovernmental organizations that are members of the Hague Union through a single international application filed with the International Bureau of the World Intellectual Property Organization (WIPO) that results in a single international registration with individual effect in each of the Contracting Parties designated therein. and The agreement allows users to save time and money by enabling them to easily and swiftly acquire design protection in multiple markets, as a single international application replaces a whole series of applications
Key Target AudienceIndustrial Design Manufacturers, ODM And OEM Technology Solution Providers, Market Research and Consulting Firms, Associations, Organizations, Forums, Alliances Related to Industrial Metrology, Technology Investors, Governments and Financial Institutions, Venture Capitalists, Private Equity Firms, Start-Up Companies and Distributors and Traders
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase