Report Overview

Saudi Arabia Industrial Design Market – Industry Trends & Forecast Report, 2030

Saudi Arabia Industrial Design Market size by value was estimated at USD 27.73 million in 2023. During the forecast period between 2024 and 2030, Saudi Arabia Industrial Design Market size is expected to expand at a CAGR of 5.40% reaching a value of USD 39.97 million by 2030. Saudi Arabia Industrial Design Market is driven by the Kingdom's Vision 2030, which emphasizes diversification and innovation in the manufacturing and design sectors. Growing investments in infrastructure, construction, and technology are fueling demand for industrial design services. Additionally, the rise of smart cities, the development of the entertainment and tourism industries, and increased support for local talent are contributing to market growth. Global interest in sustainable design and the push for digital transformation further bolster the market.

Industrial Design – Overview

Industrial design is a process of creating and developing products that balance function, aesthetics, and usability. It involves designing physical objects, from everyday items to complex machinery, focusing on user experience and manufacturing feasibility. Industrial designers work to enhance a product's appeal and efficiency, considering materials, ergonomics, and market trends. This discipline bridges art and engineering, playing a crucial role in shaping the form and function of products across various industries.

Saudi Arabia Industrial Design Market   

Growth Drivers

Economic Diversification through Vision 2030

Saudi Arabia's Vision 2030 plan is driving growth in the Industrial Design Market by encouraging economic diversification beyond oil dependency. The initiative promotes investment in non-oil sectors like manufacturing, tourism, and entertainment, spurring demand for innovative design solutions. As the country develops new infrastructure and industries, the need for creative and functional design services is rising, fostering a vibrant industrial design market poised to play a crucial role in the kingdom's modernization efforts.

Challenges

Shortage of Skilled Local Industrial Designers

Saudi Arabia Industrial Design Market is facing significant challenges due to a shortage of skilled local industrial designers. This gap is primarily attributed to the limited availability of specialized training programs and industry-specific education in the region. As a result, companies are increasingly relying on foreign expertise to meet the growing demand for innovative design solutions, which raises costs and slows the development of homegrown talent in the sector.

Impact of Escalating Geopolitical Tensions on Saudi Arabia Industrial Design Market  

Intensifying and further spread of geopolitical tensions among countries across the Middle East could disrupt the Saudi Arabia Industrial Design Market by causing uncertainty in investment and slowing down industrial projects. Potential trade restrictions, economic sanctions, or supply chain disruptions may increase costs and hinder access to essential materials and technologies. Additionally, foreign companies might hesitate to enter or expand in the market, impacting collaborations and innovation. However, domestic demand for resilient, locally designed solutions could rise, offering growth opportunities for local firms amid these challenges.

Saudi Arabia Industrial Design Market  

Segmental Coverage

Saudi Arabia Industrial Design Market – By Type

By type, Saudi Arabia Industrial Design Market is divided into User Interface and Interaction Design, Model Design and Fabrication, Product Design, and Others (Environmental Design, Service Design, Packaging Design) segments. The product design segment holds the largest share of Saudi Arabia Industrial Design Market. This dominance is driven by the growing demand for innovative and aesthetically appealing products across various industries, including consumer electronics, automotive, and manufacturing. Product design is critical in differentiating products in a competitive market, aligning with Saudi Arabia's Vision 2030, which emphasizes industrial diversification and innovation. Consequently, this segment outpaces others such as user interface and interaction design and model design and fabrication.

Saudi Arabia Industrial Design Market – By Application

On the basis of application, Saudi Arabia Industrial Design Market is divided into Electronics, Household, Machinery & Equipment, Transportation, and other (including Medical Devices and Energy & Utilities) segments. The electronics segment accounts for the largest market share, due to the rapid growth of the consumer electronics industry, which includes products like smartphones, computers, and home appliances. The demand for innovative and aesthetically pleasing designs in these products fuels the segment's growth. Additionally, the government's push for digital transformation and increased investment in technology infrastructure further boosts the electronics segment's dominance in Saudi Arabia Industrial Design Market by application.

Competitive Landscape

Key players in the highly competitive Saudi Arabia Industrial Design Market include Storm Studio, Infinity Corp, Deevth, Adline Media, Echo Architecture, JIDA Jeddah Interior Design Architect, Sk-Touch Interior Design, and The Brink Agency. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Type

• User Interface and Interaction Design

• Model Design and Fabrication

• Product Design

• Others (Environmental Design, Service Design, Packaging Design)

By Application

• Electronics

• Household

• Machinery & Equipment

• Transportation

• Others (Medical Devices, Energy & Utilities)

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Saudi Arabia Industrial Design Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Economic Diversification through Vision 2030
         2. Expansion of the Domestic Manufacturing Industry
         3. Accelerated Urban and Infrastructure Growth
         4. Increasing Consumer Demand for High-Quality Design
      2. Restraints
         1. Shortage of Skilled Local Industrial Designers
         2. Cost Sensitivity among Businesses
         3. Intellectual Property Protection Issues
      3. Opportunities
         1. Growing Market for Sustainable Design Solutions
         2. Tailoring Designs to Local Cultural Preferences
         3. Adoption of Advanced Technologies like 3D Printing and VR/AR
      4. Challenges
         1. Competition from Established International Design Firms
         2. Navigating Complex Government Regulations
         3. Building a Robust Local Design Ecosystem
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Saudi Arabia Industrial Design Market: Marketing Strategies
5. Saudi Arabia Industrial Design Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Type
         1. User Interface and Interaction Design
         2. Model Design and Fabrication
         3. Product Design
         4. Others (Environmental Design, Service Design, Packaging Design)
      2. By Application
         1. Electronics
         2. Household
         3. Machinery and Equipment
         4. Transportation
         5. Others (Medical Devices, Energy & Utilities)
6. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Saudi Arabia Industrial Design Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
7. Impact of Escalating Geopolitical Tensions on Saudi Arabia Industrial Design Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Storm Studio
   2. Infinity Corp
   3. Deevth
   4. Adline Media
   5. Echo Architecture
   6. JIDA Jeddah Interior Design Architect
   7. Sk-Touch Interior Design
   8. The Brink Agency
   9. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1 Saudi Arabia Industrial Design Segmentation

Figure 2 Saudi Arabia Industrial Design Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2023

Figure 4 Saudi Arabia Industrial Design Market Size, By Value (USD Million), 2019–2030

Figure 5 Saudi Arabia Industrial Design Market Share, By Type, By Value, 2019–2030

Figure 6 Saudi Arabia Industrial Design Market Share, By Application, By Value, 2019–2030

List of Tables

Table 1        Saudi Arabia Industrial Design Market Size, By Value (USD Million), 2019–2030

Table 2        Saudi Arabia Industrial Design Market Share, By Type, By Value, 2019–2030

Table 3        Saudi Arabia Industrial Design Market Share, By Application, By Value, 2019–2030

Table 4        Storm Studio Company Overview

Table 5        Storm Studio Financial Overview

Table 6        Infinity Corp Company Overview

Table 7        Infinity Corp Financial Overview

Table 8        Deevth Company Overview

Table 9        Deevth Financial Overview

Table 10      Adline Media Company Overview

Table 11      Adline Media Financial Overview

Table 12      Echo Architecture Company Overview

Table 13      Echo Architecture Financial Overview

Table 14      JIDA Jeddah Interior Design Architect Company Overview

Table 15      JIDA Jeddah Interior Design Architect Financial Overview

Table 16      Sk-Touch Interior Design Company Overview

Table 17      Sk-Touch Interior Design Financial Overview

Table 18      The Brink Agency Company Overview

Table 19      The Brink Agency Financial Overview