Abstract
This Manufacturing Insights report examines the dynamics of the automotive
manufacturing industry in 2005. It provides a useful set of market indicators
as an aid in understanding the structure, size, and economic importance of the
industry. This research is appropriate for ICT firms that are targeting or
intend to target European automotive manufacturers. This report:
- Indicates production and turnover indices for the automotive industry by Western European country.
- Outlines the economic importance of the automotive industry, presenting gross value added and labor productivity data, by country and sub-industry.
- Indicates the number of enterprises in operation in the automotive industry by size class and country.
- Discusses major industry development trends.
Data is provided for the following automotive manufacturing sub-industries:
- Vehicle manufactures
- Body manufacturers
- Parts and accessories
"Cost reduction will be an ongoing theme. This will continue to put pressure on
budgets, and is likely to spur increased focus on outsourcing strategies as
companies seek efficiencies at every level of the business. IT vendors should
not only target OEMs, but also start to demonstrate business process knowledge
of the automotive supplier industry. The structure of the market is
fundamentally changing as OEMs continue to shift manufacturing responsibility
to supplier partners, and Manufacturing Insights believes that tier 1 or
mega-tier suppliers will begin to mirror the strategies of their OEM partners
and seek capable partners that can assist in the attainment of cost,
efficiency, and business process optimization," said Jennifer Thomson, program
manager, European Manufacturing Insights.