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In business and engineering, new product development is the complete process of bringing a new product to market. There are two parallel aspects to this process : one involves product engineering ; the other marketing analysis. Marketers see new product development as the first stage in product life cycle management, engineers as part of Product Lifecycle Management.

Types of new products


There are several types of new products. Some are new to the market, some are new to the firm, and some are new to both. Some are minor modifications of existing products while some are completely innovative. These are displayed in the following diagram.


Types of new products

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Acceleram Ltd. - Product development firm based in Hong Kong. Provides comprehensive design and engineering service with easy access to China manufacturers.
Meta Description: [ Product development firm based in Hong Kong. We provide a comprehensive design and engineering service with easy access to China manufacturers ]

AccSys Technology Inc - Integrated design and manufacturing company specializing in the development, production, installation and servicing of ion linear accelerator systems using the radio frequency quadrupole linac and drift-tube linac.
Meta Description: [ Commercial manufacturer of rf ion linear accelerators for applications in industry, medicine and research. ]

Altair Engineering - Offer HyperWorks computer aided engineering technologies to optimise product design and development.

Éspier Ltd - Product design and development company. Specialise in 3d solid modeling and 3d web based content. Offer full design and web hosting services.

Brightworks | Product Development Consultants - Providing a complete range of industrial design and new product development services. Specialists in medical device design, technical & structural packaging design, telecoms equipment design and electronic product design. From product concept through to production, Brightworks have a proven track record of designing the best products for their clients’ customers, markets and brands.
Meta Description: [ Product design consultants, industrial designers, design agency, new product design and development. Brightworks product design company are leading SolidWorks 3D computer aided design, plastic engineers and rapid prototyping studio in Bristol England UK. ]

Circle Medical Devices - Medical device engineering services and contract manufacturing firm located in Los Gatos, California.
Meta Description: [ Circle Medical Devices - Outsourced medical device engineering and contract manufacturing ]

DesignPlas - Specialise in engineering plastics design, prototyping and tool development services using CAED/FEA tools to validate designs.
Meta Description: [ Designplas specializes in plastics design, applications of engineering plastics, component engineering, mold design and manufacturing guidance. ]

Engineering and Design Concepts Inc - Product and equipment development corporation committed to providing quality products, engineering and manufacturing services.
Meta Description: [ Engineering and Design Concepts Inc is a new product and equipment development corporation committed to providing quality products, engineering and manufacturing services. We are a multi-disciplinary team with a diverse skill set in design, engineering, automation and fabrication. Assisting in ... ]

Fritz Industries Inc. - Offers product development of technologies, manufacturing and marketing of products, services, and processes. Mesquite, Texas, USA.
Meta Description: [ Fritz Industries is a diversified company engaged in the research and development of various technologies, along with the manufacturing and marketing of a multitude of quality products, services, and processes. ]

IEG Group - Worldwide group trading in the automotive field. Specialise in car and motorcycle development, engineering, prototyping and reverse engineering.
Meta Description: [ Automotive: Car and Motorcycle development, Engineering , Prototipes, Reverse engineering. Trading in automotive field, special vehicles, thecnology transfer, investments, industrial design and engineering. ]

Invention Perfection - Assist inventors develop, patent, market, and manufacture their new product. Based Michigan, USA.
Meta Description: [ Invention Perfection helps the inventor bring his product from conception to production. We review for patentability, marketability and manufacturability; draft patent applications; handle manufacturing systems development; build prototypes; conduct market development; oversee product testing an... ]

Mamimaldesign - Offer a range of product design and development services ranging from initial design to prototyping and brand design. Based in Antwerp, Belgium.
Meta Description: [ MAXIMALdesign is a new product design and development agency located in Antwerp, Belgium, Europe. We offer both fuzzy front-end and design services in order to create impactful products and compelling user experiences that build your brand. ]

Microsec Research and Development - Offer design of new products, patent assistance, electronic product prototyping and design services.

Mission Microsystems Inc - Electronic design, consulting, and manufacturing firm specializing in consumer products since 1981.

Nuvatec - Nuvatec assists inventors and entrepreneurs in the development, optimisation and manufacturing of their project.
Meta Description: [ NUVATEC assists inventors in the development of their project, in making prototypes and manufacturing the goods, NUVATEC assiste les inventeurs dans le developpement de leur projet, la realisation de prototypes et la fabrication des produits ]

Omnica - Specialise in product development for the medical, industrial, and consumer fields. Services include industrial design, electronic and mechanical engineering, modelmaking, and prototyping.
Meta Description: [ Product development services ]

Parallel Products - Product solutions from concept through to production. Services include invention and concept development, industrial design, mechanical engineering, software engineering, CAD services, manufacturing support and turnkey product solutions.
Meta Description: [ An International Network of Designers, Engineers, Manufacturers and Marketers offering a wide range of Product Development Services including - Invention Development, Industrial Design, Mechanical Engineering, Electrical and Electronic Engineering, Custom Software and Programming, Manufacturing S... ]

Peridot Inc - Engineering service bureau specializing in rapid prototyping services including SLA, LOM, SLS, and FDM. Other services include product development, tool design, rapid prototyping, machining, and project management.
Meta Description: [ We are a full service engineering bureau specializing in product and tool development. Our experience, broad capabilities, and rapid prototyping technologies bring your new design to life more quickly, improving your bottom line. ]

Plastic Services Group - Product design and development of plastic parts and assemblies. Based in Arlington Heights, Illinois.
Meta Description: [ design and develop plastic parts and products, part design, reverse engineering, rapid prototyping, photo-realistic rendering ]

Product Development Institute - Dedicated to helping companies improve their approach to new product development and portfolio management.
Meta Description: [ Product Development Institute - The Official website of the widely used Stage Gate New Product Development Process Model developed by Dr. Robert G. Cooper. ]

Product Engineering - Engineering consultancy firm. Assist in the product development cycle from concept through to producing CAD models and prototyping.
Meta Description: [ Engineering Innovative solutions from Panache engineering consultant ]

Production Designs Ltd - Design engineering consultants specialising in 3D CAD design for manufacture of electro-mechanical goods. Based in Cheshire, United Kingdom.
Meta Description: [ Production Designs Ltd. Design Engineering Consultants specialising in CAD 3D design for manufacture of electro-mechanical goods. Industrial Design, prototypes and volume manufacturing. Full design support and drawing services. ]

Proto - Co-Operative research centre utilising the resources of engineering experts worldwide. Specialise in product development, electronic design, engineering and rapid prototyping.
Meta Description: [ We are a Co-operative Research Centre, utilising the resources of engineering experts worldwide. Proto has had striking success in fields including Gas appliance development, Rapid Prototyping and Engineering ]

Ron Cowie Ltd - Consultancy and design on flexible hose connections, adaptors and instrumentation tubing accessories.

SaVi Media Group - Specialize in technologies that reduce harmful emissions and costs in engines and vehicles.
Meta Description: [ Savi Media Group's Exclusive Technologies And Engineering Services. Where Technology Is A Way Of Life. ]

Stace - Product design and development firm specializing in industrial, graphic, mechanical design engineering, prototyping, and strategic product planning. Based in Milan, Italy.
Meta Description: [ design strategico, designer, design industriale, design prodotti, progettazione nuovi prodotti, design nuovi prodotti, design e marketing,engineering, progettazione meccanica, macchine, design industriale, CAD, disegno, progetti, disegni, fattibilità, progettazione, calcoli, strutturali, prototi... ]

Teague - Product development firm offering industrial design, engineering, research and interaction design services to a variety of industries.
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Trelleborg - Global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. Also develop high-performance solutions that damp, seal and protect in demanding industrial environments.
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Tria Design Studio - Specialise in product development, product design and offer a range of other services including graphic and website design.

Triple Ring Technologies - Partners and consultants in the development of technology-intensive products. Decades of experience in signal detection and measurement, sensor and device design, image processing, algorithm development, software design, and systems engineering.

TVI Electronics - Design and manufacture of custom and standard controllers for OPTREX F-51553 128x64 touch screen LCD, support in solving problems with LCD, and assistance in a design phase.
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Worthington Sharpe Ltd - Offer mechanical engineering design, product development services, reverse engineering, prototyping services and training in the use of Pro/Engineer. Based in Manchester, United Kingdom.

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