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Global Industrial Design Market Size study, by Type (User Interference and Interaction Design, Model Design and Fabrication, Product Design, Other Industrial Design) by Application (Electronics, Household, Machinery and Equipment, Transportation, Others) and Regional Forecasts 2022-2032

August 2024 | 200 pages | ID: GDE0B578CA42EN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Industrial Design Market is valued at approximately USD 43.51 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.32% over the forecast period 2024-2032. Industrial design encompasses the process of creating products or equipment meant for large-scale manufacturing and everyday use by customers. The industry's growth is substantially driven by increased consumer spending levels and the rapid pace of industrialization. Industrial design agencies have adapted by implementing work-from-home policies and utilizing collaboration software to maintain efficiency. Green engineering and sustainable development present promising opportunities for the industry to expand over the forecast period. Moreover, sustainability initiatives by FMCG companies and a focus on recyclability present significant opportunities for industrial design firms to secure contracts and projects. Furthermore, governments worldwide are introducing sustainable schemes aimed at reducing carbon emissions and promoting environmentally viable manufacturing practices. For instance, the use of solar energy to meet industrial energy targets aligns with global environmental standards and offers incentives for green initiatives.

The integration of the Internet of Things (IoT) into production processes is a key driver for the Global Industrial Design Market. IoT technology expedites output and incorporates advanced design procedures, benefiting manufacturers and design firms alike. Additionally, the transition to value-based business models and the adoption of rapid production methods are expected to propel market growth. Moreover, manufacturers in India and China are initiating new projects with strategic execution plans, further driving the demand for industrial and product design services. However, adherence to quality standards and the high costs associated with sustainable materials pose significant restraints. Additionally, aligning prices with end products remains a challenge due to the lack of experienced product development managers capable of balancing production quantity and quality.

The key region in the Global Industrial Design Market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2023, APAC is expected to lead the Global Industrial Design Market in terms of revenue and expected to grow at a fastest CAGR during the forecast period 2024-2032. This is due to substantial investments from leading players in China, South Korea, Japan, and India. The adoption of IoT solutions and the expansion of the manufacturing sector, coupled with government efforts to capitalize on the large labor force, bolster market demand. Europe, on the other hand, is likely to contribute significantly to the market, driven by stringent intellectual property laws protecting patented industrial designs and components. However, ambiguities in certain regulations may impede regional growth.

Major market player included in this report are:

RKS Design

Busse Design

Designworks (BMW AG)

Accenture PLC

BlueFocus Intelligent Communications Group Co. Ltd.

IDEO LLC

GK Design Group

Altran Technologies SA

PDD Group Ltd.

Ziba Design

R&D Design

ARTOP Group

Ammunition Group

LUNAR Design

The detailed segments and sub-segment of the market are explained below:

By Type:

User Interference and Interaction Design

Model Design and Fabrication

Product Design

Other Industrial Design

By Application:

Electronics

Household

Machinery and Equipment

Transportation

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa

Saudi Arabia

South Africa

RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL INDUSTRIAL DESIGN MARKET EXECUTIVE SUMMARY

1.1. Global Industrial Design Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Type
  1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL INDUSTRIAL DESIGN MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL INDUSTRIAL DESIGN MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Incorporation of IoT to Mitigate Production Process
  3.1.2. Green Engineering
3.2. Market Challenges
  3.2.1. Adherence to Quality Standards
  3.2.2. Price Alignment
3.3. Market Opportunities
  3.3.1. Sustainable Development
  3.3.2. Technological Advancements

CHAPTER 4. GLOBAL INDUSTRIAL DESIGN MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL INDUSTRIAL DESIGN MARKET SIZE & FORECASTS BY TYPE 2022-2032

5.1. Segment Dashboard
5.2. Global Industrial Design Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. User Interference and Interaction Design
  5.2.2. Model Design and Fabrication
  5.2.3. Product Design
  5.2.4. Other Industrial Design

CHAPTER 6. GLOBAL INDUSTRIAL DESIGN MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

6.1. Segment Dashboard
6.2. Global Industrial Design Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Electronics
  6.2.2. Household
  6.2.3. Machinery and Equipment
  6.2.4. Transportation
  6.2.5. Others

CHAPTER 7. GLOBAL INDUSTRIAL DESIGN MARKET SIZE & FORECASTS BY REGION 2022-2032

7.1. North America Industrial Design Market
  7.1.1. U.S. Industrial Design Market
    7.1.1.1. Type breakdown size & forecasts, 2022-2032
    7.1.1.2. Application breakdown size & forecasts, 2022-2032
  7.1.2. Canada Industrial Design Market
7.2. Europe Industrial Design Market
  7.2.1. U.K. Industrial Design Market
  7.2.2. Germany Industrial Design Market
  7.2.3. France Industrial Design Market
  7.2.4. Spain Industrial Design Market
  7.2.5. Italy Industrial Design Market
  7.2.6. Rest of Europe Industrial Design Market
7.3. Asia-Pacific Industrial Design Market
  7.3.1. China Industrial Design Market
  7.3.2. India Industrial Design Market
  7.3.3. Japan Industrial Design Market
  7.3.4. Australia Industrial Design Market
  7.3.5. South Korea Industrial Design Market
  7.3.6. Rest of Asia Pacific Industrial Design Market
7.4. Latin America Industrial Design Market
  7.4.1. Brazil Industrial Design Market
  7.4.2. Mexico Industrial Design Market
  7.4.3. Rest of Latin America Industrial Design Market
7.5. Middle East & Africa Industrial Design Market
  7.5.1. Saudi Arabia Industrial Design Market
  7.5.2. South Africa Industrial Design Market
  7.5.3. Rest of Middle East & Africa Industrial Design Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. RKS Design
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Busse Design
  8.3.3. Designworks (BMW AG)
  8.3.4. Accenture PLC
  8.3.5. BlueFocus Intelligent Communications Group Co. Ltd.
  8.3.6. IDEO LLC
  8.3.7. GK Design Group
  8.3.8. Altran Technologies SA
  8.3.9. PDD Group Ltd.
  8.3.10. Ziba Design
  8.3.11. R&D Design
  8.3.12. ARTOP Group
  8.3.13. Ammunition Group
  8.3.14. LUNAR Design

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Industrial Design market, report scope
TABLE 2. Global Industrial Design market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Industrial Design market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Industrial Design market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global Industrial Design market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Industrial Design market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Industrial Design market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Industrial Design market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Industrial Design market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Industrial Design market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Industrial Design market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Industrial Design market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Industrial Design market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Industrial Design market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Industrial Design market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Industrial Design market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Industrial Design market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Industrial Design market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Industrial Design market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Industrial Design market estimates & forecasts by segment 2022-2032 (USD Billion)
…..
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Industrial Design market, research methodology
FIG 2. Global Industrial Design market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Industrial Design market, key trends 2023
FIG 5. Global Industrial Design market, growth prospects 2022-2032
FIG 6. Global Industrial Design market, porters 5 force model
FIG 7. Global Industrial Design market, PESTEL analysis
FIG 8. Global Industrial Design market, value chain analysis
FIG 9. Global Industrial Design market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Industrial Design market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Industrial Design market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Industrial Design market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Industrial Design market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Industrial Design market, regional snapshot 2022 & 2032
FIG 15. North America Industrial Design market 2022 & 2032 (USD Billion)
FIG 16. Europe Industrial Design market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Industrial Design market 2022 & 2032 (USD Billion)
FIG 18. Latin America Industrial Design market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Industrial Design market 2022 & 2032 (USD Billion)
FIG 20. Global Industrial Design market, company market share analysis (2023)
…..
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.


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