Global Industrial Design Services Market to Reach US$3.8 Billion by 2030
The global market for Industrial Design Services estimated at US$2.9 Billion in the year 2024, is expected to reach US$3.8 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2024-2030. Product Design Services, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$1.6 Billion by the end of the analysis period. Growth in the Model Design & Fabrication Services segment is estimated at 5.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$694.4 Million While China is Forecast to Grow at 5.3% CAGR
The Industrial Design Services market in the U.S. is estimated at US$694.4 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$498.3 Million by the year 2030 trailing a CAGR of 5.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 4.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Global Industrial Design Services Market - Key Trends & Drivers Summarized
What Are Industrial Design Services and Their Core Value to Businesses?
Industrial design services encapsulate the creative task of developing concepts and specifications that optimize the function, value, and appearance of products. This field merges practicality with aesthetics, creating products that are not only visually appealing but also highly functional and user-friendly. Industrial designers utilize a blend of design skills, technical knowledge, and an understanding of business strategies to improve the design and usability of items ranging from small household appliances to large-scale machinery. The process involves a thorough analysis of materials, technology, market trends, and user needs, making industrial design a pivotal element in product innovation and competitive strategy.
Why Is Industrial Design Pivotal for Manufacturing Innovation?
Industrial design is increasingly recognized as a critical component of competitive differentiation in the manufacturing sector. It infuses products with essential qualities that meet consumer needs and stand out in the marketplace. By focusing on the user experience and incorporating sustainable practices, industrial designers can profoundly influence consumer preference and product success. Companies that invest in innovative industrial design benefit from increased market share and enhanced brand loyalty, which are essential in today's competitive environment. This strategic emphasis on design helps firms not only in product differentiation but also in aligning with global trends like environmental sustainability and technological integration.
How Are Emerging Technologies Reshaping Industrial Design?
Emerging technologies are significantly reshaping the landscape of industrial design. Advanced software tools like CAD and 3D modeling, along with technologies such as virtual reality and 3D printing, have transformed the way designers work. These tools allow for more precise simulations and prototyping, enabling designers to explore more complex and innovative design solutions without the constraints of traditional manufacturing processes. Additionally, the integration of IoT and smart technologies into products has opened new avenues for functionality, allowing designers to create more intelligent and adaptive products. These technological advancements are not only enhancing the design capabilities but also accelerating the time-to-market for new innovations.
What Drives the Expansion of the Industrial Design Services Market?
The expansion of the industrial design services market is driven by several factors, including an increased emphasis on design as a fundamental element of product strategy, the continuous evolution of related technologies, and shifts in consumer expectations. As businesses increasingly recognize the value of design in creating competitive and innovative products, investment in industrial design services has surged. Additionally, technological advancements are enabling more rapid, flexible, and cost-effective design and prototyping processes, further fueling market growth. Consumer demand for aesthetically pleasing, functionally innovative, and environmentally sustainable products also plays a crucial role in driving the need for sophisticated industrial design services.
SCOPE OF STUDY:
The report analyzes the Industrial Design Services market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Type (Product Design, Model Design & Fabrication, Other Types)
Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
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
TABLE OF CONTENTS
I. METHODOLOGY
II. 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 2024 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 2015 through 2023 and % CAGR
- TABLE 3: World 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 6: World 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 9: World 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 12: World 15-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 2015, 2025 & 2030
- TABLE 13: World Industrial Design Services Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (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 2024 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 2015 through 2023 and % CAGR
- TABLE 16: USA 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 19: Canada 15-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 2015, 2025 & 2030
- JAPAN
- Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (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 2024 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 2015 through 2023 and % CAGR
- TABLE 22: Japan 15-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 2015, 2025 & 2030
- CHINA
- Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (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 2024 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 2015 through 2023 and % CAGR
- TABLE 25: China 15-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 2015, 2025 & 2030
- EUROPE
- Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (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 2024 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 2015 through 2023 and % CAGR
- TABLE 28: Europe 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 31: Europe 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 34: France 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 37: Germany 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 40: Italy 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 43: UK 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 46: Rest of Europe 15-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 2015, 2025 & 2030
- ASIA-PACIFIC
- Industrial Design Services Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (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 2024 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 2015 through 2023 and % CAGR
- TABLE 49: Asia-Pacific 15-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 2015, 2025 & 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 2024 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 2015 through 2023 and % CAGR
- TABLE 52: Rest of World 15-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 2015, 2025 & 2030
IV. COMPETITION