Not part of the design: Weak downstream demand is constraining industry growth

The Industrial Design Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Threats & Opportunities

  • Cloud computing and online integration are expected to improve industry efficiencies
  • Improved local manufacturing trends projected to support stronger demand for local industrial design services

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    Industry Analysis & Industry Trends

    Industrial design firms primarily perform design work for manufacturers to improve the functionality, longevity and production efficiency of products. Over the past five years, the industry has faced stagnating or declining demand conditions in many downstream manufacturing markets, partly in response to rising competition from imports. As a result, industry design firms have had to become more competitive to try to win contracts and clients. Some operators have opened up new markets by developing promotional products for advertising agencies or designing bespoke products for end-users, such as banks.

    Industry revenue is expected to decline at an annualised 1.5% over the five years through 2016-17, to $380.0 million. This includes a projected decline of 1.7%...

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    What is the Industrial Design Services industry?

    The industry exhibits a low level of concentration, with the top four players expected to account for less than 10.0% of industry revenue. This low concentration level is largely because of the nature of the industry, with highly fragmented product designs and minimal economies of scale. Due to the relatively low barriers to entry, the majority of industrial design firms are small, privately held firms and have a low number of employees. The average firm currently employs an estimated 6.7 people and generates $1.4 million in revenue.

    Over the next five years, IBISWorld expects that the level of concentration will increase. The...

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    Additional Insights for the Industrial Design Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Industrial Design Services Industry are

  • Ability to alter goods and services produced in favour of market conditions
  • Access to a highly skilled workforce
  • Easy access for clients
  • IBISWorld analysts also discuss how external factors such as Demand from machinery and equipment manufacturing and Demand from structural metal product manufacturing in the Industrial Design Services industry impact industry performance..

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    Products & Brands

    Major products in this industry
    Product design services
    Model design and prototyping services
    Other services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from machinery and equipment manufacturing
  • Demand from structural metal product manufacturing
  • Demand from furniture and other manufacturing
  • Private research and development expenditure
  • Demand from advertising agencies

  • Current Performance
  • Profitability
  • Downstream demand
  • Trends in research and development
  • Chart: Revenue Growth

  • Industry Outlook
  • New skill sets
  • Manufacturing demand
  • Consolidation
  • Table: Industrial Design Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial Design Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Manufacturing
  • Engineering Consulting
  • Specialised Design Services
  • Advertising Agencies

  • Key Selling Industries
  • Computer and Software Retailing
  • Paper Stationery Manufacturing
  • Specialised Design Services

  • Products & Services
  • Product design services
  • Model design and prototyping services
  • Other services
  • Chart: Industrial Design Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food and beverage manufacturers
  • Other
  • Building equipment manufacturers
  • Transport companies
  • Electronic equipment manufacturers
  • Household equipment and appliance manufacturers
  • Consumer and medical goods manufacturers
  • Chart: Major Market Segmentation for the Industrial Design Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Industrial Design Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial Design Services Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial Design Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Industrial Design Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    3D Printing
  • The process used to synthesize a three dimensional object by printing or adding successive layers of material using computerised control.
  • Experience Design
  • The design of a product with a heavy emphasis on the quality of user experience.
  • Prototyping
  • Creating a sample model for the trial phase of the designed product.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Industrial Design Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Industrial Design Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Industrial Design Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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