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Industrial Design Services

Published Jun 26, 2023
SKU # FRRS18022487

Description

Industrial Design Services


Brief Excerpt from Industry Overview Chapter:

Companies in this industry create and develop designs for manufactured products. Major companies include Ammunition, Designworks (owned by BMW), Frog Design, IDEO, RKS, and Smart Design (all based in the US), as well as Alessi (Italy), BUSSE Design (Germany), PDD and Seymourpowell (both based in the UK).

COMPETITIVE LANDSCAPE

Demand for industrial design is driven by consumer spending and advances in technology. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have advantages in taking on multiple projects and serving major customers. Small companies can compete effectively by specializing. The industry in the US is?concentrated: the top 50 companies account for about 50% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services is dominated by industrial design services and industrial design services for products which account for about 90% of the industry's revenue. Other services include consulting services (about 10%); model design and fabrication services (about 5%); developing and making prototypes (less than 5%); and full-service interior design (less than 5%).

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
How Do Licenses Work?
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