Press release
A Deep Dive into Artificial Intelligence (AI) In Industrial Design Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Artificial Intelligence AI In Industrial Design
The anticipated growth of artificial intelligence (AI) in the industrial design market is being driven by the emergence of smart manufacturing and Industry 4.0. These terms refer to the incorporation of cutting-edge technology and automation in manufacturing procedures with the aim of increasing efficiency, flexibility, and productivity. The heightened focus on smart manufacturing and Industry 4.0 is due to a growing demand for higher operational efficiency, minimization of production costs, and enhancing the quality of products. AI is utilized in smart production to streamline production methods, predict machinery breakdowns, and boost product quality via real-time data analysis and automation. For instance, a 2022 report from Conexus Indiana, a US-based manufacturing industry, indicated that the uptake of smart manufacturing and Industry 4.0 technologies had shot up by a substantial 35% compared to 2021, accompanied by a 13% escalation in the number of firms with both budgetary provisions for technology adoption and strategically devised roadmaps. Additionally, there was a 27% rise, from 24%, in the adoption of sophisticated modeling technologies. As a result, the emergence of smart manufacturing and Industry 4.0 is stimulating the application of artificial intelligence (AI) in the industrial design market.
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What is the future CAGR of the artificial intelligence (ai) in industrial design market, and how will it impact industry expansion?
In the last few years, there has been an exponential increase in the market size of artificial intelligence (AI) in industrial design. It is projected to ascend from $4.98 billion in 2024 to $6.45 billion in 2025, indicating a compound annual growth rate (CAGR) of 29.5%. The significant growth during the historical period is credited to factors such as the automation of design procedures, data-centric decision making, advancements in computational power, integration with CAD tools, personalized customization, initiatives to reduce costs, and investments in research and development.
In the coming years, the market size for artificial intelligence (AI) in industrial design is predicted to experience significant expansion, with it expected to reach $17.99 billion in 2029, growing at a compound annual growth rate (CAGR) of 29.2%. The anticipated growth during this period may be the result of several factors such as the integration of industry 4.0, the adoption of smart manufacturing, eco-friendly and sustainable designs, progress in advanced material development, improved simulation and testing measures, the rise of collaborative design platforms, and the use of AI in prototyping. During the forecast period, some key trends to watch out for include the use of AI in generative design, its integration with the Internet of Things (IoT), design solutions based on the cloud, augmented reality (AR) and virtual reality (VR) enhanced by AI, the application of machine learning in predictive maintenance, quality control driven by AI, and collaboration between AI and humans.
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What are the most significant trends transforming the artificial intelligence (ai) in industrial design market today?
Leading firms in the artificial intelligence (AI) sector for industrial design are creating innovative tools, such as search tools, to improve design precision and efficiency, while also speeding up time-to-market. These search tools employ AI-fueled image recognition and similarity algorithms to examine and contrast visual components, enabling users to swiftly locate similar designs and expedite registration. For example, in February 2024, Corsearch, a UK-based company specializing in data-led trademark and domain creation and protection, introduced an industrial design search tool, as part of its TrademarkNow platform. Powered by AI, this tool streamlines the process of identifying and registering unique industrial designs. It provides industry professionals with the facility to perform searches with higher accuracy and velocity, centering on the aesthetic aspects of products over their operational features. Moreover, the tool uses similarity algorithms and offers users the opportunity to narrow down their searches based on geographical locations and features of the Locarno classification.
Which key market segments comprise the artificial intelligence (ai) in industrial design market and drive its revenue growth?
The artificial intelligence (AI) in industrial design market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Industry Vertical: Automotive, Consumer Electronics, Aerospace And Defense, Healthcare, Other Industry Verticals
Subsegments:
1) By Software: AI-Driven CAD (Computer-Aided Design) Tools, Generative Design Software, Simulation And Modeling Software, AI-Based Product Lifecycle Management (PLM) Software, AI-Powered 3D Rendering and Visualization Tools, AI-Based Design Automation Tools, AI-Driven Virtual Prototyping Software
2) By Services: AI Consulting and Strategy Services, AI System Integration And Implementation Services, AI-Based Design Customization Services, AI Maintenance And Support Services, Training And Education Services For AI Tools, Managed AI Design Services, Data Analytics Services For Design Optimization
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What regions are at the forefront of artificial intelligence (ai) in industrial design market expansion?
Asia-Pacific was the largest region in the artificial intelligence (AI) in industrial design market in 2024. The regions covered in the artificial intelligence (AI) in industrial design market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the artificial intelligence (ai) in industrial design market?
Major companies operating in the artificial intelligence (AI) in industrial design market are Google LLC, Microsoft Corporation, Amazon Web Services Inc. (AWS), Siemens AG, General Electric Company (GE), Intel Corporation, International Business Machines Corporation (IBM), Oracle Corporation, Honeywell International Inc., SAP SE, NVIDIA Corporation, Schaeffler Technologies AG And Co. KG, Atos SE, Rockwell Automation Inc., Dassault Systèmes SE, Hexagon AB, Autodesk Inc., Trimble Inc., Ansys Inc., PTC Inc., Teradata Corporation, Bentley Systems Inc., Cognex Corporation, Altair Engineering Inc., 3D Systems Corporation
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What Is Covered In The Artificial Intelligence (AI) In Industrial Design Global Market Report?
•Market Size Forecast: Examine the artificial intelligence (ai) in industrial design market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) in industrial design market for a structured understanding.
•Key Players Overview: Analyze major players in the artificial intelligence (ai) in industrial design market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) in industrial design market.
•Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) in industrial design market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) in industrial design market.
•Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) in industrial design market.
•Competitive Landscape: Review strategic developments in the artificial intelligence (ai) in industrial design market, including expansions, agreements, and new product launches.
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