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Artificial Intelligence (AI) In Industrial Design Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Artificial Intelligence (AI) In Industrial Design Market
What Is the Current Artificial Intelligence (AI) In Industrial Design Market Size and Its Estimated Growth Rate?
The market size for artificial intelligence (AI) in industrial design has experienced significant growth in the recent past. It is projected to increase from a value of $4.98 billion in 2024 to a substantial $6.45 billion in 2025, with a compound annual growth rate (CAGR) of 29.5%. Factors contributing to this notable growth during the historic period include the automation of design procedures, data-informed decision making, enhancements in computational power, integration with CAD tools, customized and personalized solutions, initiatives to reduce cost, and investments in research and development.
Predictions show a rapid surge in the artificial intelligence (AI) market for industrial design over the forthcoming years, with projections at $17.99 billion by 2029 exhibiting a compound annual growth rate (CAGR) of 29.2%. This predicted growth during the forecast period could be tied to several factors such as the implementation of Industry 4.0, the assimilation of smart manufacturing, emphasis on sustainable and eco-friendly designs, development of advanced materials, improved simulation and testing, collaborative design platforms, and the application of AI in prototyping. Other significant trends to look forward to within the forecast period include streams like AI-fueled generative design, IoT integration, cloud-oriented design alternatives, the enhancement of augmented reality (AR) and virtual reality (VR) through AI, the application of machine learning in predictive maintenance, AI-guided quality control, and human-interface with AI.
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How Are Emerging Segments Shaping the Artificial Intelligence (AI) In Industrial Design Market Landscape?
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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Which Growth Factors Are Influencing Artificial Intelligence (AI) In Industrial Design Market Expansion?
The advancement of smart production and Industry 4.0 is projected to boost the expansion of artificial intelligence (AI) in the industrial design market. These terms refer to the incorporation of sophisticated technologies and mechanization into manufacturing operations to improve proficiency, versatility, and productivity. The spotlight is on intelligent production and Industry 4.0 as there is a growing demand for heightened operational efficacy, decreased production expenses, and superior product quality. AI is applied in intelligent manufacturing to refine the manufacturing processes, foresee equipment breakdowns, and amplify product quality via real-time data inspection and automation. For example, a report by Conexus Indiana, a US manufacturing industry, revealed that in December 2022, there was a notable 35% rise in the adoption of smart manufacturing and Industry 4.0 technologies compared to 2021. Concurrently, there was a 13% hike in the firms allocating budgets for technology adoption and devising strategic roadmaps. Furthermore, there was a 27% jump from 24% in the adoption of advanced modeling technologies, which were the most popular. Consequently, the emergence of smart manufacturing and Industry 4.0 is fueling the application of artificial intelligence (AI) in the industrial design market.
Who Are the Dominant Players Across Different Artificial Intelligence (AI) In Industrial Design Market Segments?
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
What Are the Latest Developing Trends in the Ambulatory X-Ray Devices Market?
Leading companies in the industrial design sector of artificial intelligence (AI) are creating innovative tools like search tools to boost design precision and productivity while shortening time-to-market. Search tools employ AI-based image recognition and similarity algorithms to evaluate and contrast visual elements, enabling users to swiftly identify similar designs and simplify registration. For example, Corsearch, a UK-based company specializing in data-driven trademark and domain establishment and protection, unveiled the industrial design search tool in February 2024. This feature is part of its TrademarkNow platform. The AI-enabled tool improves the process of pinpointing and registering aesthetic industrial designs. It aids professionals in performing searches more swiftly and precisely, highlighting the visual aspects of products instead of their functionality. The tool uses similarity algorithms and enables users to tailor their searches based on geographic regions and locarno class functionality.
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Which Geographic Regions Are Expected to Dominate the Artificial Intelligence (AI) In Industrial Design Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) In Industrial Design Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) In Industrial Design Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) In Industrial Design Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) In Industrial Design Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the artificial intelligence (ai) in industrial design market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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