Global Industrial Design Market Research Report: by Type (Product Design, Model Design and Fabrication, User Interface and Interaction Design, Other Industrial Design), by Application (Transportation, Electronic, Household, Machinery & Equipment, Others), and Region - Forecast to 2025
Market analysis
The industrial design market is dominated by market trends with respect to the ecological reasonability of various manufacturing processes just as the utilization of environmental friendly, sustainable power sources in the generation of the planned products. IoT is likewise liable to be a noteworthy factor for the development of industrial design market in the upcoming years and a central point to consider while improving and working in the industrial design field. IoT empowers automation of modern procedures in a productive way and is subsequently being received into the the manufacturing sector throughout the world. The global industrial design market is growing at a CAGR of 5.85% and is projected to reach the market value of USD 61,786.7 million during the forecast period (2018-2025).
Market segmentation
The global industrial design market is segmented on the basis of its type, application and regional demand. Based on its type, the market is segmented as User Interference and Interaction Design, Model Design and Fabrication, Product Design and Other Industrial Design. On the basis of its application, the market is classified into Electronics, Transportation, Machinery and Equipment, Household and Others.
Regional analysis
Geographically, the global industrial design market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
Major players
ARTOP Group (China), Accenture PLC (Ireland), Ammunition Group (U.S.), Ziba Design (U.S.), IDEO LLC (U.S.), Altran Technologies SA (France), BlueFocus Intelligent Communications Group Co. Ltd. (China), PDD Group Ltd. (U.K.), LUNAR Design (U.S.), R&D Design (U.S.), GK Design Group (U.S.), RKS Design (U.S.), and Busse Design (U.S.), Designworks (BMW AG), among others are some of the major players in the global industrial design market.
