The exhibition runs from now until 7th July, during which time you can view more than 90 nominations, each one hoping to win this year's Design of the Year Award.
Among those vying for the prestigious prize is the Shard (pictured above) – western Europe's tallest building – designed by Renzo Piano; the Olympic Cauldron (pictured below) by Heatherwick Studio; a Room for London – the boutique boat-shaped hotel room by David Kohn Architects; the Louis Vuitton collection by Yayoi Kusama; and the award-winning Exhibition Road development by Dixon Jones, an ambitious £28m streetscape project that has helped to drastically improve the environment within the Exhibition Road area in South Kensington, a location visited by millions of tourists every year.
Nominated designs, all created around the world in the last year, fall into seven categories: architecture, digital, fashion, furniture, graphics, product and transport.
Prototype designs will also be on show, including a non-stick ketchup bottle invented by the Varanasi Research Group at MIT – a special edible solution sprayed onto the inside of the bottle means you'll never again be left frantically squeezing and shaking the bottle in a (usually futile) attempt to extract every last drop of tomato sauce.
The exhibition, which takes place at the Design Museum near London Bridge, sounds like it'll make for a great day out for the entire family, and could even serve to inspire a whole new generation of designers.
Category winners and the overall winner will be selected by a jury and announced on 17th April, 2013.