Industrial Design Market Growth Statistics to Make Multi-Billion Dollar Market during 2019 – 2024 | Top International Players IDEO, Frog Design, Designworks, ARTOP GROUP, Designaffairs and other

The Industrial Design market has grown steadily in the last few decades due to the growing investment in computer-aided design and computer-aided engineering. The growing global market is likely to be influenced by factors such as the increasing environmental awareness among industrial heavyweights and the growing incorporation of the Internet of Things (IoT) among industrial sectors to make production processes easier and smoother. The global Industrial Design market is likely to rise at a CAGR of 5.85% over the forecast period (2018-2025). It was 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.

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This report studies the Industrial Design market. Industrial Design is a process of design applied to products that are to be manufactured through techniques of mass production.

This report covered the Product Design, Model Design and Fabrication, User Interface and Interaction Design and Other Industrial Design.

Scope of the Report:
For industry structure analysis, the Industrial Design industry is not concentrated. Most of these manufacturers are large multinational corporations. Regionally, China is the biggest market in terms of revenue, also the leader in the whole Industrial Design industry.
China occupied 33.03% of the revenue market in 2017. It is followed by Europe and North America, which respectively account for around 27.30% and 19.70% of the global total industry.
For forecast, the global Industrial Design revenue would keep increasing with annual growth rate with 6.38%. We tend to believe that this industry would have a good future, considering the current demand of Industrial Design.
The global Industrial Design market is valued at 40700 million USD in 2018 and is expected to reach 59000 million USD by the end of 2024, growing at a CAGR of 6.4% between 2019 and 2024.

This report studies the Industrial Design market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Industrial Design market by product type and applications/end industries.

Market Segment by Companies, this report covers
IDEO, Frog Design, Designworks, ARTOP GROUP, Designaffairs, Ammunition Group, ZIBA Design, Fuse Project, PDD, LUNAR, R&D Design, GK Design Group, RKS, BUSSE Design

Market Segment by Type, covers
Product Design
Model Design and Fabrication
User Interface and Interaction Design
Other Industrial Design

Market Segment by Applications, can be divided into
Transportation
Electronic
Household
Machinery & Equipment
Other

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In addition, this report identifies pin-point analysis of competitive dashboard and helps readers to develop competitive edge over others. It delivers a noteworthy data and insights associated with factors driving or preventing the growth of the Industrial Design market. It brings a nine-year forecast evaluated on the basis of how the Industrial Design market is expected to perform.

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Key questions answered in this report:
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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