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Industrial Designers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Industrial Designers Market Research Report | NAICS 54142 | Nov 2016

Future designers: Firms will strive for innovation after the recession and demand the best talent

IBISWorld’s Industrial Designers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Consumers will seek highly differentiated and aesthetically pleasing products
  • Companies must contract industrial designers to keep up with new inventions
  • Automobile manufacturers will be pressured to introduce more technologically advanced vehicles
  • ... purchase to read more

Industry Analysis & Industry Trends

Industrial designers are hired primarily by manufacturers to improve the functionality, longevity and production efficiency of a range of goods. Over the past five years, increased consumer spending on cars, furniture and other durable goods have stimulated downstream demand for the industry's services, resulting in rising revenue. As these downstream industries have rebounded from tepid demand earlier in the period, total spending on research and development (R&D) budgets has grown, resulting in greater use of the industry's services. Over the coming years, consumers will increasingly seek highly differentiated, anesthetically pleasing and efficient products, ranging from cars to electronics to furniture, generating sustained demand for industrial designers... ... purchase to read more

Industry Report - Industry Products Chapter

Traditionally, the industry has obtained the majority of its revenue from fees derived from the design process. However, as competition has intensified, industrial designers have increasingly diversified their service offering to providing consulting services and other activities.

Product design

IBISWorld estimates that the product design process accounts for 69.6% of industry revenue. Product design encapsulates optimizing the use, functionality and appearance of products. The design process extends from choosing the materials, mechanism, color, shape and surface finish for various consumer products. Industrial designers must also consider the safety, market appeal and production efficiency when creating prototypes. A d.. ... purchase to read more

Additional Insights for the Industrial Designers Industry

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

  • Having a good reputation
  • Having a high prior success rate (including completed prior contracts)
  • Market research and understanding
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Corporate profit in the Industrial Designers industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Industrial Designers Industry?

    This industry includes companies that primarily develop designs and specification for mass-produced products. This includes deciding the materials, construction, mechanism, shape, color and surface finishes of products in order to improve the product’s market appeal, production, use and maintenance. For example, industry operators design automobiles, furniture and packaging.

    Industry Products
    Product designModel design and fabricationOther industrial design services
    Industry Activities
    Industrial design consulting servicesConsumer electronics design servicesAutomobile industrial design servicesFurniture design servicesMedical equipment design servicesPackaging industrial design services Hand tool design 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
  • Research and development expenditure
  • Corporate profit
  • Demand from car and automobile manufacturing
  • Demand from computer and electronic product manufacturing
  • Demand from furniture and related product manufacturing
  • Total health expenditure
  • Current Performance
  • Demand increases
  • Advances in medicine
  • Profit
  • Chart: Revenue Growth
  • Industry Outlook
  • Driving innovation
  • Striving to compete
  • Table: Industrial Designers Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Industrial Designers Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Manufacturing
  • Retail Trade
  • Key Selling Industries
  • Computer & Packaged Software Wholesaling
  • Copier & Office Equipment Wholesaling
  • Office Stationery Wholesaling
  • Products & Services
  • Product design
  • Model design and fabrication
  • Other industrial design services
  • Chart: Industrial Designers Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Automobiles
  • Other
  • Electronics
  • Medical equipment
  • Furniture
  • Chart: Major Market Segmentation for the Industrial Designers 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 Designers
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Industrial Designers Industry
  • Industry Globalization
    Major Companies
    CH2M Hill Companies Ltd.
    Bureau Veritas Group
  • Table: CH2M Hill Companies Ltd. - financial performance
  • Table: Bureau Veritas Group - financial performance
  • Table: IDEO - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Industrial Designers 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 Designers Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Research and development expenditure (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Working independently or on temporary contracts rather than full-time employment through a company.
  • Intellectual Property
  • Legal protection of a firm's designs and ideas.
  • Research And Development (R&D)
  • Creative work undertaken by a company in order to increase the stock of knowledge, which can then be applied to developing a new product or improving an existing one.

  • 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 Designers:
    • 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 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 Designers 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 Designers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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