Procurement Market Intelligence Report
Industrial Design Services
Sourcing Guide & Market Intelligence
Smarter cost management starts with comprehensive market intelligence
United States
Global
Quick Navigation
Industrial Design Services Global Overview
Definition
Summary
Operators in this market supply industrial design services pertinent to automobiles, hand tools, packaging, furniture and tools, among other items. These services are designed to optimize the appearance, value, appeal, use and functionality of buyers' products. More specifically, providers of industrial design solutions help buyers decide on the materials, build, shape, color, surface finishes and other aspects of their products.
This Report Includes:
- Automobile Design
- Hand Tool Design
- Furniture Design
Not in this Report:
- Clothing Design
- Jewelry Design
- Footwear Design
Global Industrial Design Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 Europe | 23,925 |
| #2 China | 18,220 |
| #3 United States | 12,950 |
Explore supplier concentration across the globe
We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.
2
Geography Drilldown - US
Average Cost of Industrial Design Services
United States
2026 Market Pricing$300.00 to $XX,XXX.XX
per projectAverage Price
Prices in the Industrial Design Services market range from $300.00 to $XX,XXX.XX, depending on Timeframe, Supplier Reputation and Project Complexity. For example, lower prices are associated with Longer project timeline (e.g., 16-24 weeks) ($3,000 to $25,000 per project), whereas higher prices are associated with Fast turnaround time (e.g., 4-8 weeks) ($8,250 to $30,000 per project).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Industrial Design Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Industrial Design Services market, prices in the US have grown 2.1% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Industrial Design Services
Total cost of ownership is Medium in the Industrial Design Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Delays may raise the total cost of ownership unexpectedly.
Negotiated Before
Prototyping
Set Up Fees
Unforeseen
Delays
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to -1.0 in the United States. Buyer power is most positively impacted by Product Specialization. It is most negatively impacted by Recent Price Volatility. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Low, which has a positive impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Computer Stores
- Software Publishers
- Office Supply Stores
2nd
Tier Suppliers
- Computer Manufacturers
- Computer Peripheral Manufacturing
- Office Stationary Wholesalers
Biggest Industrial Design Services Suppliers in the US by Revenue
The largest Industrial Design Services vendors by revenue in the US are Karten Design, Product Creation Studio and Jacobs Engineering Group Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Jacobs Engineering Group Inc. | Global | DALLAS | 1,001-10,000 | 15-20 | ||||
| Capgemini Se | Global | Paris, FR | >10,001 | 5-10 | ||||
| Bureau Veritas S A | Global | Paris, FR | >10,001 | 5-10 | ||||
| BMW Group | Global | Munich, DE | >10,001 | < 5 | ||||
| Ammunition Group | National | San Francisco, CA | <25 | < 5 | ||||
| Altair Engineering Inc. | Global | TROY, MI | 1,001-10,000 | < 5 | ||||
| IDEO | Global | Palo Alto, CA | 501-1,000 | < 5 | ||||
| Karten Design | National | Marina del Rey, CA | 25-50 | < 5 | ||||
| Product Creation Studio | National | Seattle, WA | 25-50 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Industrial Design Services market is 12.3% and falling. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Wages. The cost trend for this component is falling, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Large suppliers with diversified operations tend to have the lowest level of financial risk because they do not solely rely on demand for industrial design services to generate revenue. Conversely, smaller design firms face slightly higher risk levels due to smaller and less diversified downstream buyer markets.
Supply chain risk is low in the industrial design market. Vendors do not typically rely on volatile upstream inputs, which protect buyers from price shocks resulting from supply chain disruptions.
Market share concentration is moderate in the market. Buyers will have the opportunity to source from a variety of different vendors, with no single supplier having total control of market prices.
The United States is a net importer of computers, meaning it imports more computers than it exports. This adds risk for buyers as currency exchange rates and trade policies can affect the price of steel products entering the market.
Supplier Information
Jacobs Engineering Group Inc.
Jacobs Solutions Inc. is a technical, professional, and construction services company. It offers two lines of business: the Critical Mission Solutions segment, which focuses on digital transformation and modernization, national security and defense, space exploration, digital asset management, the clean energy... Subscribe to learn more
Bureau Veritas S A
Bureau Veritas S A is a public company operating globally in the professional, scientific & technical services sector. The company's offerings include nondestructive testing services, industrial design services, industrial hygiene services, air quality monitoring services, water quality testing services. Subscribe to learn more
Capgemini Se
Capgemini Se is a public company operating globally in the professional, scientific & technical services sector. The company's offerings include industrial design services, business process outsourcing services, procurement consulting services, it consulting services, data privacy consulting services. Founded... Subscribe to learn more
Altair Engineering Inc.
Altair Engineering Inc. is a public company operating globally in the information and professional, scientific and technical services sectors. The company's offerings include machine learning solutions and industrial design services. Founded in 1985, the company is currently headquartered in Troy, Michigan,... Subscribe to learn more
Ammunition Group
Ammunition Group is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include industrial design services. Founded in 2007, the company is currently headquartered in San Francisco, California, United States of America with an estimated... Subscribe to learn more
BMW Group
BMW Group is a public company operating globally in the manufacturing and professional, scientific & technical services sectors. The company's offerings include passenger vehicles and industrial design services. Founded in 1916, the company is currently headquartered in Munich, Germany with an estimated employee... Subscribe to learn more
IDEO
IDEO is a private company operating globally in the professional, scientific & technical services sector. The company's offerings include industrial design services. Founded in 1991, the company is currently headquartered in Palo Alto, California, United States of America with an estimated 750 employees. Subscribe to learn more
Karten Design
Karten Design is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include industrial design services. Founded in 1984, the company is currently headquartered in Marina del Rey, California, United States of America with an estimated... Subscribe to learn more
Product Creation Studio
Product Creation Studio is a private company operating nationally in the professional, scientific & technical services sector. The company's offerings include industrial design services. Founded in 1999, the company is currently headquartered in Seattle, Western Australia, United States of America with an... Subscribe to learn more
Accelerate the vendor selection process
Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.
Procurement Management KPIs for the Industrial Design Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Order Value and Customer Retention Rate. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Delivery and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Average Order Value |
|
Total revenue Number of orders |
The average order value represents the revenue generated from the average order. The average order value can be used to evaluate a company’s reputation. |
| Customer Retention Rate |
|
Number of customers at start of period Number of customers at end of period |
The customer retention rate can be used to determine the extent to which a company’s customer base fluctuates over time. A company with low retention rate may be providing services that are sub-par. |
|
|||
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Qualifications
On average, how many years of experience does your staff have in my field? How does that measure up to the market average?
Tell me about similar projects you have worked on in the past. What challenges did you face and how did you overcome them?
Staff Turnover
Do you provide ongoing training and development for your employees?
What is the average tenure of your employees? Do you experience trouble with turnover? If so, how does that affect service delivery?
Customer Support
If a client is dissatisfied with the design, what steps does it take to address the issue?
How do you evaluate customer satisfaction? Are the findings available to clients?
The ultimate prep for procurement negotations
View all 26 negotiation questions for this category when you subscribe.
Industrial Design Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should give an overview of their organization, including industry and number of employees.
Buyers should explain why they are seeking industrial design services.
Statement Of Need
Buyers should specify the type(s) of industrial design services they require.
Buyers should specify their desired nondisclosure terms.
Project Budget
Buyers should specify the total budget for the service.
Buyers should list miscellaneous design services not provided in the statement of work.
The RFP process made easy
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
