KSA Industrial Design Market is expected to reach US$ 794.74 Million by 2031

Demand for Generative Design Fuels KSA Industrial Design Market Growth During Forecast Period 

According to our latest study, “KSA Industrial Design Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component and End-Use Industry," the market was valued at US$ 611.89 million in 2023 and is expected to reach US$ 794.74 million by 2031; it is estimated to record a CAGR of 3.3% from 2023 to 2031. The report includes growth prospects owing to the current KSA industrial design market trends and their foreseeable impact during the forecast period.    

With the growing digitalization across Saudi Arabia, various advanced technology-based solutions are gaining traction. Generative design is one of the AI-enabled advanced and algorithm-driven processes used to explore a wide array of design possibilities that meet predefined criteria set by engineers or designers. The adoption of generative design-based solutions helps many industries transform their operations to attain optimum, enhanced, and error-free workflow. In the manufacturing industry, these solutions help design complex and efficient parts, and in the architecture industry, they are employed to design efficient, space-optimized designs. Generative design is also utilized to make products with lower weight and improved performance for the aerospace and automotive industries. In the healthcare sector, these solutions are used in the designing of customized prosthetics and medical devices. Likewise, the use of generative designs in industries such as media entertainment and consumer goods, further fuels the adoption of tools required for generative design, such as industrial design software.

KSA Industrial Design Market Share (%) – by Component, 2023 and 2031

Source: The Insight Partners Analysis

Saudi Data & Artificial Intelligence Authority's (SDAIA) Generative Artificial Intelligence Guidelines aim to help organizations focused on developing and using GenAI models and systems understand various risks commonly associated with their development, design, and deployment. These guidelines provide a comprehensive overview of various aspects of the use of GenAI tools, along with stating their potential impact on various industries and services. SDAIA aims to raise awareness about the importance of GenAI tools and the role they can play in a more sustainable and beneficial future if used responsibly. Thus, KSA's focus on GenAI tools drives the demand for designing tools in the industrial sector, thereby bolstering the KSA industrial design market.  

Autodesk Inc; Accenture Plc; Dassault Systemes SE; Hilti Corp; Adobe Inc; Ansys Inc; Siemens AG; Transcend Software Inc; ZWSOFT CO., LTD.; and Altair Engineering, Inc. are among the key players profiled in the KSA industrial design market report. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.

The report includes the KSA industrial design market forecast by component and end-use industry. On the basis of component, the KSA industrial design market is segmented into software and services. Software and services are essential for the design, development, and manufacturing of various industrial products. CAD/CAM software is one of the most common types of industrial design software products available in the market. Design services offered by market players include testing services, product development services, conceptual consultation services, and graphic designing services. In terms of revenue, the software segment held the largest KSA industrial design market share, and it is expected to record the highest CAGR during the forecast period.

Industrial design software assists users in creating, analyzing, visualizing, and communicating design intent and aesthetics before building a physical prototype. Various software available in the market for industrial design includes CAD/CAM, 3D modeling, rendering, simulation, and CAE software. The implementation of CAD software in industrial design applications results in better speed, accuracy, flexibility, and collaboration, among other benefits. Several companies in the market offer CAD/CAM software. For instance, Autodesk Fusion offers 360 CAD, CAM, CAE, and PCB software products that connect the entire product design and development process in a single platform. Autodesk also provides different types of 3D modeling software for polygonal modeling, surface modeling, solid modeling, and parametric modeling, among other applications.  

Industrial design companies provide core services such as testing services, product development services, conceptual consultation services, and graphic designing services, along with software upgrade, maintenance, and integration services. Their end-to-end design services encompass aspects from enclosure style development to mechanical engineering and manufacturability analysis to design electronics. These services are important for business product production and marketing.

Product development services include a range of activities aimed at creating new products or improving existing ones. Product development—i.e., the complete process of turning a conceptual idea into a fully functional, marketable product—involves planning, researching, strategizing, designing, drawing, prototyping, and manufacturing. MAKO offers product development services, including industrial design services and mechanical engineering services, especially in the early phases of the product development cycle. It also offers specialized services such as electrical product development for projects that require electrical components such as printed circuit boards (PCBs).

Testing services in industrial design involve evaluating various aspects of a product’s performance, usability, and safety. These tests ensure that the design meets functional requirements and user expectations. The testing services include functional testing, usability testing, safety testing, durability testing, and performance testing. ASI offers industrial product design, testing, and development services, as well as structural testing services. These services are essential for the development of innovative structural systems.

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