Industrial Design Services Market Size & Forecast to 2030

The global market for Industrial Design Services is estimated at US$2.8 Billion in 2023 and is projected to reach US$3.8 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Product Design Services segment, which is expected to reach US$1.6 Billion by 2030 with a CAGR of a 4.6%. The Model Design & Fabrication Services segment is also set to grow at 5.2% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $664.5 Million in 2023, and China, forecasted to grow at an impressive 5.2% CAGR to reach $498.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Industrial Design Services Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Design Services Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Industrial Design Services Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Accenture PLC, Bayerische Motoren Werke AG (BMW GROUP), Invetech Pty., Ltd., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 85 Featured):

Accenture PLC
Bayerische Motoren Werke AG (BMW GROUP)
Invetech Pty., Ltd.
McKinsey & Company
Frog Design Inc.
IDEO
Cad Crowd
Peterman Design Firm
D&K Engineering
Prime Studio
Mediasphere
Sentio Design
Capgemini Engineering (France)
Ammunition Group
Progetto Design Pty Ltd

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Industrial Design Services - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Industrial Design: A Prelude
An Introduction to Industrial Design Services
Product Design Service
Global Market Prospects & Outlook
Recent Market Activity
Analysis by Type: Product Design Services to Flourish as Companies Seek Competitive Edge
Regional Analysis

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Various Components of Critical Importance in Industrial Engineering and Designing Services
Key Industrial Design Trends in Brief
Generative Design Takes Industrial Design Market by Storm
Growing Significance of Evoking Emotion in Customers to Create Product Sensation
Advanced Tools Expected to Revolutionize Design
IoT Integration to Fuel Demand for Industrial Design Services
Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2022 and 2025
Global Number of IoT Connected Devices (In Billion Units) for the Years 2016, 2018, 2020, 2022 & 2025
Green Engineering, Environmental Sustainability to Create Demand for Design Services
Energy-Efficient Design Gets Prominence
Role of Industrial Designers in Manufacturing Process
Big Data Provides Real-Time Data for Faster Decision Making, thus Transforming Industrial Design Services
Explosion of IoT Big Data Catalyzes the Need for Big Data Analytics for Insight Generation Needed for Informed Decision-Making & Value Creation: IoT Big Data Generated by Connected Devices Worldwide (In Zettabytes) for the Years 2020 & 2025
Computer-Aided Design (CAD) and Computer-Aided Engineering Gaining Prominence
Relevance in Automotive Industry
Established Use in Aerospace & Defense Sector
Rising Adoption of 3D Printing Augurs Well
Global 3D Printing Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
Key Challenges faced by the Industrial Design Industry

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Recent Past, Current & Future Analysis for Industrial Design Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 2: World Historic Review for Industrial Design Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 3: World 16-Year Perspective for Industrial Design Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
TABLE 4: World Recent Past, Current & Future Analysis for Product Design by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 5: World Historic Review for Product Design by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 6: World 16-Year Perspective for Product Design by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 7: World Recent Past, Current & Future Analysis for Model Design & Fabrication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 8: World Historic Review for Model Design & Fabrication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 9: World 16-Year Perspective for Model Design & Fabrication by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 10: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 11: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 12: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
TABLE 13: World Industrial Design Services Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

UNITED STATES

Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
TABLE 14: USA Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 15: USA Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 16: USA 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

CANADA

TABLE 17: Canada Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 18: Canada Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 19: Canada 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

JAPAN

Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
TABLE 20: Japan Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 21: Japan Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 22: Japan 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

CHINA

Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
TABLE 23: China Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 24: China Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 25: China 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

EUROPE

Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
TABLE 26: Europe Recent Past, Current & Future Analysis for Industrial Design Services by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2023 through 2030 and % CAGR
TABLE 27: Europe Historic Review for Industrial Design Services by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 28: Europe 16-Year Perspective for Industrial Design Services by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
TABLE 29: Europe Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 30: Europe Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 31: Europe 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

FRANCE

TABLE 32: France Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 33: France Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 34: France 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

GERMANY

TABLE 35: Germany Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 36: Germany Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 37: Germany 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

ITALY

TABLE 38: Italy Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 39: Italy Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 40: Italy 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

UNITED KINGDOM

TABLE 41: UK Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 42: UK Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 43: UK 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

REST OF EUROPE

TABLE 44: Rest of Europe Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 45: Rest of Europe Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 46: Rest of Europe 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

ASIA-PACIFIC

Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
TABLE 47: Asia-Pacific Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 48: Asia-Pacific Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 49: Asia-Pacific 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

REST OF WORLD

TABLE 50: Rest of World Recent Past, Current & Future Analysis for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types - Independent Analysis of Annual Revenues in US$ Million for the Years 2023 through 2030 and % CAGR
TABLE 51: Rest of World Historic Review for Industrial Design Services by Type - Product Design, Model Design & Fabrication and Other Types Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2022 and % CAGR
TABLE 52: Rest of World 16-Year Perspective for Industrial Design Services by Type - Percentage Breakdown of Value Revenues for Product Design, Model Design & Fabrication and Other Types for the Years 2014, 2024 & 2030

IV. COMPETITION

Companies Mentioned

Accenture PLC
Bayerische Motoren Werke AG (BMW GROUP)
Invetech Pty., Ltd.
McKinsey & Company
Frog Design Inc.
IDEO
Cad Crowd
Peterman Design Firm
D&K Engineering
Prime Studio
Mediasphere
Sentio Design
Capgemini Engineering (France)
Ammunition Group
Progetto Design Pty Ltd

Table Information

Report Attribute	Details
No. of Pages	251
Published	December 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 2.8 Billion
Forecasted Market Value ( USD ) by 2030	$ 3.8 Billion
Compound Annual Growth Rate	4.5%
Regions Covered	Global
No. of Companies Mentioned	15

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Industrial Design Services - Global Strategic Business Report

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 85 Featured):

Table of Contents

Companies Mentioned

Table Information

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 85 Featured):

Table of Contents

Companies Mentioned

Table Information

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About the Industrial Design Market