About Industrial Design
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.
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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 Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Industrial Design market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are R&D Design (United States), GK Design Group (United States), RKS Design (United States) and Busse Design (United States).
AMA Research has segmented the market of Global Industrial Design market by Type (Product Design, Model Design and Fabrication, User Interface and Interaction Design and Others), Application (Transportation, Electronic, Household, Machinery & Equipment and Others) 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. If we see Market by Industrial Vertical, the sub-segment i.e. Automobile Industry will boost the Industrial Design market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. AI- Power Rendering will boost the Industrial Design market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Design Type, the sub-segment i.e. Product Design will boost the Industrial Design market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Implementation of Green Engineering in Chemical Processing Industry and Increasing Focus on Environmental Viability & Renewable Energy Sources for the Production
Market Growth Drivers:
Increasing Investment in Computer Aided Design and Growing Internet of Things (IoT) and Cloud Infrastructure Adaption by Industries
Lack of Skilled Professionals in the Industrial Design market
Cost-efficient Layout Design to Produce Quality Products and Equipment Downtime for Repair and Installation
IoT Enabled Automation in Industrial Process and Incorporation of Advanced Tools & Mechanisms for Industrial Design Processes
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.
In July 2023, world design organization launched the world design protopolis. A new program that will support the creation of solutions-based initiative to address key development issues globally., and In April 203, global trade research initiative launched PLI plus scheme which focus on development of new products, industrial design ,enhancing productivity with view to boost industrial design market.
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 Audience
Industrial 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
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.