Industrial Design (ID) is the professional practice of designing products, devices, objects, and services used by millions of people around the world every day. Industrial designers typically focus on the physical appearance, functionality, and manufacturability of a product, though they are often involved in far more during a development cycle. All of this ultimately extends to the overall lasting value and experience a product or service provides for end-users.
The use of IoT in production procedures to speed up output has the huge potential to boost the growth of the global Industrial Design market. In addition, greater dependence on new technology in the next years owing to its benefits and tools for implementing progressively difficult design techniques. Further, enterprises shift to a value-based business model, as well as manufacturing units' use of speedy production methods. These are some crucial aspects propelling the growth of the global Industrial Design market.
Furthermore, sustainable plans are being implemented by governments around the world to lessen carbon emissions and boost the growth of environmentally sustainable sources of product manufacturing. Additionally, the usage of solar energy to satisfy industrial energy requirements is a good place to start for the global industrial design market. Further, an industrial design can help builders follow the most recent environmental regulations while also benefiting from green incentives. Hence, green engineering and sustainable development contribute more to the market expansion during the forecast period.
Covid-19 Impact on Industrial Design Market
The intensity of COVID-19 impact on the construction and manufacturing sector is immense compared to other sectors. With the immediate actions taken to curb the spread of the infection, restrictions were imposed on manufacturing, personnel transport, and construction activities. These restrictions caused huge losses to the sector. As most construction sites in several countries shut down and many sites that reopened have faced disrupted supply chains and operational restrictions. A recently published stats show the overall construction and manufacturing industry is about to drop by 15 to 35% which is going to directly affect nations GDP.
Industrial Design Market Segment Overview
Based on Type, Product Design is the largest segment in the global Industrial Design market. Product design is the process designers use to blend user needs with business goals to help brands make consistently successful products. Product designers work to optimize the user experience in the solutions they make for their users and help their brands by making products sustainable for longer-term business needs. In addition, the User Interface and Interaction Design is another prominent segment in the market. User interface design and user interaction design are two closely related disciplines. One focuses on the design of the visual interface, the other more on the design of the global interaction behavior of the system. The user interaction is how the user acts on the system and how the systems act on the user.
Industrial Design Market, By Type
· Product Design
· User Interface and Interaction Design
· Model Design and Fabrication
· Other Industrial Designs
Industrial Design Market, By Application
· Transportation
· Electronic
· Household
· Machinery & Equipment
· Others
Industrial Design Market Regional Overview
Based on geography, Asia-pacific is foreseen to lead the global Industrial Design market during the forecast period.This is because of large investments by major players in China, South Korea, Japan, and India. Further, the adoption of IoT solutions by top industrialists, as well as a huge potential for IoT applications, can help to accelerate the trend. In addition, the expansion of the manufacturing sector, and government measures to capitalize on the huge labor population, have the great potential to boost the growth of the market in this region.
Industrial Design Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Industrial Design Market, Key Players
· RKS Design
· Busse Design
· Designworks
· 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
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Industrial Design Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Product Design
- 5.2.2. User Interface and Interaction Design
- 5.2.3. Model Design and Fabrication
- 5.2.4. Other Industrial Designs
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Transportation
- 5.3.2. Electronic
- 5.3.3. Household
- 5.3.4. Machinery & Equipment
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Industrial Design Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Product Design
- 6.2.2. User Interface and Interaction Design
- 6.2.3. Model Design and Fabrication
- 6.2.4. Other Industrial Designs
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Transportation
- 6.3.2. Electronic
- 6.3.3. Household
- 6.3.4. Machinery & Equipment
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Industrial Design Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Product Design
- 7.2.2. User Interface and Interaction Design
- 7.2.3. Model Design and Fabrication
- 7.2.4. Other Industrial Designs
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Transportation
- 7.3.2. Electronic
- 7.3.3. Household
- 7.3.4. Machinery & Equipment
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Industrial Design Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Product Design
- 8.2.2. User Interface and Interaction Design
- 8.2.3. Model Design and Fabrication
- 8.2.4. Other Industrial Designs
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Transportation
- 8.3.2. Electronic
- 8.3.3. Household
- 8.3.4. Machinery & Equipment
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Industrial Design Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Product Design
- 9.2.2. User Interface and Interaction Design
- 9.2.3. Model Design and Fabrication
- 9.2.4. Other Industrial Designs
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Transportation
- 9.3.2. Electronic
- 9.3.3. Household
- 9.3.4. Machinery & Equipment
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. RKS Design
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Busse Design
- 10.6. Designworks
- 10.7. Accenture PLC
- 10.8. BlueFocus Intelligent Communications Group Co. Ltd.
- 10.9. IDEO LLC
- 10.10. GK Design Group
- 10.11. Altran Technologies SA
- 10.12. PDD Group Ltd.
- 10.13. Ziba Design
- 10.14. R&D Design
- 10.15. ARTOP Group
- 10.16. Ammunition Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
