Industrial Design Market Demand, Future Trend And Recent Development By Forecast 2027
Summary:
A new study title “Industrial
Design market size, status and forecast 2027” has been featured on
market research future.
Market Highlights:
According to the report,
the Industrial Design Market is likely to rise at a CAGR of 5.85% over the
2018-2025 forecast period, having been valued at USD 32,546.5 million in 2013.
The market is expected to almost double in value over the forecast period, with
a valuation of USD 61,786.7 million expected for the market by 2025.
Market Research Future
(MRFR) has announced a new report on the global industrial design market.
Extensive data aggregation on the global industrial design market is performed
in the report with the help of dynamic primary and secondary research methods.
Top-down and bottom-up approaches are used to figure out the market’s overall
standing in the global marketplace and the relative role of each segment within
the overall market. The global growth prospects of the industrial design market
are analyzed by compiling the growth prospects of its various segments. The
competitive landscape and segmentation of the global industrial design market
are assessed in detail to provide pointers as to how players can succeed in the
various components of the market over the coming years.
Green engineering is likely
to be a major component of the global industrial design market over the forecast
period. The industrial design market is expected to be dominated by trends
regarding the environmental viability of manufacturing processes as well as the
use of environmentally feasible, renewable energy sources in the production of
the designed products. Environmentally oriented manufacturing processes are
likely to become more popular in the industrial sector over the coming years,
shaping the trajectory of the industrial design market as an influential
factor.
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Competitive Analysis:
Leading players profiled in
the report include R&D Design (U.S.), Ammunition Group (U.S.), PDD Group
Ltd. (U.K.), IDEO LLC (U.S.), Designworks (BMW AG), BlueFocus Intelligent
Communications Group Co. Ltd. (China), RKS Design (U.S.), Ziba Design (U.S.),
Busse Design (U.S.), ARTOP Group (China), Altran Technologies SA (France), GK
Design Group (U.S.), Accenture PLC (Ireland), and LUNAR Design (U.S.).
Segmentation Analysis:
The global industrial
design market is segmented by type and application.
By type, the market is
segmented into product design, model design and fabrication, user interference
and interaction design, and other industrial design. Product design is likely
to remain the most important segment of the global industrial design market
over the forecast period due to its prime importance in any manufacturing
sector, rising to a value of USD 23,273.8 million by 2025.
By application, the global
industrial design market is segmented into transportation, electronics,
household, machinery and equipment, and others. The machinery and equipment
segment is likely to remain the leading contributor to the global industrial design
market over the forecast period due to the strong growth of the industrial
sector in countries round the world. The segment is likely to rise to a
valuation of USD 19,889.4 million by 2025, followed by the electronics segment
with USD 16,261.5 million.
Regional Analysis:
Asia Pacific is likely to
remain the leading contributor to the global industrial design market and is
likely to extend its lead at the top of the market’s charts due to the growing
investment in the industrial sector. The Asia Pacific is also likely to benefit
from the growing adoption of IoT solutions in these and other countries in the
region, which represent an untouched market for the IoT industry and are likely
to emerge as leading consumers of IoT solutions over the coming years.
The manufacturing sector in
countries such as India, Korea, Thailand, Taiwan, and Japan is likely to boost
spectacularly in the coming years due to the growing government efforts to make
the most of the human capital available in these countries and increasing
investment by foreign players in these markets. This is also likely to be a
major driver for the industrial design market in Asia Pacific over the forecast
period, which is expected to reach a valuation of USD 24,264.3 million by the
end of the forecast period.
Table of Content
2.1 Definition 14
2.2 Scope Of The Study 14
2.3 List Of Assumptions 15
2.4 Market Structure 15
Continued….
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List of Table
Table 1 Market Synopsis 12
Table 2 List Of Assumptions 15
Table 3 Global Industrial Design Market, By Type,
2013-2018 (Usd Million) 33
Table 4 Global Industrial Design Market, By Type,
2019-2025 (Usd Million) 34
Table 5 Global Industrial Design Market, By
Application, 2013-2018 (Usd Million) 38
Continued….
List of Figure
Figure 1 Global Industrial Design Market: Market
Structure 15
Figure 2 Global Market Size & Market Share By
Region (2013 Vs 2025) 17
Figure 3 Top Down & Bottom Up Approach 22
Figure 4 Value Chain: Global Industrial Design Market
27
Figure 5 Porter's Five Forces Analysis Of The Global
Industrial Design Market 28
Continued….
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