Definition
A company in this industry offers innovative new product solutions via integrated user research, industrial design and production engineering. More specifically, the company is involved in idea sketching, product rendering, 3-D modeling, rapid prototyping, sketch modeling, ergonomic studies, brand architecture, product positioning and strategic positioning. The industry comprises companies that create and develop designs and specifications that optimize the use, value and appearance of products. These services can include the determination of product materials, means of construction, mechanisms, shape, color and surface finishes of the product taking into consideration human characteristics and needs, safety, market appeal, efficiency in production, distribution, use and maintenance. Establishments that provide industrial design consulting services are included in this industry.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.