Product Development Process for Complex Hardware-Based Solutions

Abstract

The fast changes in technology and market demands require us to rethink how we develop complex hardware solutions. This paper explores current trends in hardware product development, focusing on approaches to challenges like integrating systems, sustainability, and flexibility. By reviewing industry examples, academic studies, and expert insights, it shows a shift toward creative and repetitive methods. These methods emphasize early prototyping, using digital twins, and improving designs with AI. Key findings highlight that today's hardware development often mixes agile methods with traditional processes, balancing speed and rules. The paper also emphasizes the importance of IoT-based smart systems and modular designs for making products scalable and easier to manage throughout their lifecycle. It examines challenges such as fragmented supply chains, difficulties in cross-field collaboration, and regulatory compliance. Finally, the paper suggests directions for future research, advocating for improved AI verification tools and innovations in sustainable materials.