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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.
Canada and Mexico tariffs to negatively impact the vehicles and transportation sector
United States announces additional tariffs on China
United States postpones plans for sweeping tariffs on Canada and Mexico
Country/Region | Number of Suppliers |
---|---|
#1Europe | 23,925 |
#2China | 18,220 |
#3United States | 12,950 |
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.
Prices in the Industrial Design Services market range from $20.00 to $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) ($20.00 to $250 per hour), whereas higher prices are associated with Fast turnaround time (e.g., 4-8 weeks) ($50.00 to $400 per hour).
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.
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 2.2% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
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.
In 2025, buyer power amounts to -2.5 in the United States. Buyer power is most positively impacted by Product Specialization. It is most negatively impacted by Supply Chain Risk. Subscribers can access details on eight other factors that impact buyer power. Learn more
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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:
The largest Industrial Design Services vendors by revenue in the US are Product Creation Studio, Karten Design 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 | ||||
Altair Engineering Inc. | Global | TROY, MI | 1,001-10,000 | < 5 | ||||
IDEO | Global | Palo Alto, CA | 501-1,000 | < 5 | ||||
Product Creation Studio | National | Seattle, WA | 25-50 | < 5 | ||||
Karten Design | National | Marina del Rey, CA | 25-50 | < 5 | ||||
Ammunition Group | National | San Francisco, CA | <25 | < 5 |
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.
The average profit margin across vendors in the Industrial Design Services market is 13.5% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is rising, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more
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.
Jacobs Engineering Group Inc. is a technical, professional, and construction services company. It offers two lines of businesses: the Critical Mission Solutions segment, which focuses on digital transformation and modernization, national security and defense, space exploration, digital asset management, the... Subscribe to learn more
Bureau Veritas S A is a public company operating globally in the professional, scientific and 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 is a public company operating globally in the professional, scientific and technical services and administration, business support and waste management services sectors. The company's offerings include ai development services, industrial design services, business process outsourcing services,... Subscribe to learn more
Smart Design is a private company operating globally in the professional, scientific and technical services sector. The company's offerings include industrial design services. Founded in 1980, the company is currently headquartered in New York, New York, United States of America with an estimated 375 employees.... Subscribe to learn more
Ammunition Group is a private company operating nationally in the professional, scientific and 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
Karten Design is a private company operating nationally in the professional, scientific and 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 is a private company operating nationally in the professional, scientific and 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 Subscribe to learn more
IDEO is a private company operating globally in the professional, scientific and 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
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
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.
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. | |
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?
View all 25 negotiation questions for this category when you subscribe.
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.
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