INDUSTRIES & MARKETS
Global Manufacturing of
Automotives – Industry Insights
& Data Analysis
August 2022
GLOBAL INDUSTRY REPORTS
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Dear Reader,
Find out more about the “Manufacturing: Automotive Industry" industry in
our report focusing on key industry figures such as the financial numbers,
trade, investment, companies, employment, and research & innovation.
With this report, we provide a comprehensive overview of the current state
of the industry as well as a prognosis for the upcoming years.
Gain insight into the major trends in the "Manufacturing: Automotive
Industry" industry in order to assess the risks and opportunities relevant
for domestic and international business.
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2
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Global
Europe
Asia
Germany
United States United Kingdom
Agenda
01 Introduction
Industry Definition
04 Companies
Selected Top Companies
06 Research and Innovation
Spending
Key Figures
Business Demographics
Personnel
02 Financial Numbers
Industry Revenue
05 Employees and Salaries
Employment Share
07 Appendix
Authors
Production Value
Weekly Hours Worked
Data Description and Methods
Impact of Russia's War Against Ukraine
Fiscal Measures Against COVID-19
Market Outlook Data
03 Trade and Investment
Exports and Imports
Tariffs
Foreign Direct Investment (FDI)
Mergers and Acquisitions (M&A)
3
Statista Product Information
The Global Industry Report
Executive summary
• In this industry, Mainland China had the highest revenue in 2021
• Revenue in Mainland China is projected to reach US$1,362.0bn in 2025
• For ''Transport equipment & Automotive products'', Germany, Japan, United States, and Mexico
are top exporters
• For products of this industry, the applied tariffs ranged from 0% in Brunei to 49.1% in Maldives
• FDI projects experienced a value growth of 3.4% from 2020 to 2021 in the "Automotive"
industry
• Volkswagen Ag registered the largest revenue in the "Manufacture of motor vehicles, trailers
and semi-trailers" industry
• The number of employees in the "Manufacturing" industry decreased by 0.5% from 2016 to
2021
• In 2018-2019, China had the highest amount of R&D personnel in the "Manufacture of motor
vehicles, trailers and semi-trailers" industry
4
CHAPTER 1
Introduction
Industry Definition
Manufacturing: Automotive Industry– ISIC Code 29
Subcategories included in this industry
This division includes the manufacture of motor vehicles for transporting
• 291: Manufacture of motor vehicles
passengers or freight. The manufacture of various parts and accessories, as well as
• 292: Manufacture of bodies (coachwork) for motor vehicles; manufacture of
the manufacture of trailers and semi-trailers, is included here.
trailers and semi-trailers
• 293: Manufacture of parts and accessories for motor vehicles
6
Sources: UN ISIC Rev. 4 2008
The Russia-Ukraine war has caused huge humanitarian and economic
consequences
Russia-Ukraine War: Overview
The Russian invasion of Ukraine started on February 24, 2022. Attacks by Russian
forced were reported in major cities across Ukraine, including Berdyansk,
Chernihiv, Kharkiv, and the capital Kyiv. Western officials claimed that by scope, the
war could be the largest in Europe since 1945. Find the latest developments at:
Russia-Ukraine war 2022. Serious spill-overs of the war have been already observed
in neighbour countries, EU, and the global economy, in almost all major fronts.
Humanitarian Consequences
As of July 24, 2022, the war has caused 12,272 civilian casualties (5,237 killed and
7,035 injured) and forced over 6 million refugees to leave home.
Economic Consequences
The war may lead to a loss of 1% of global GDP growth in 2022 and 0.2% in 2023.
Global inflation is projected to be 2-3% higher than the pre-war projections.
Global reactions
As of July 20, 2022, numerous sanctions are imposed on Russian individuals (7,271)
and institutions (1,350). Military, financial, and humanitarian aid commitments to
Ukraine reached €80.7 billion until July 1, 2022.
7
Notes:
Individual refugees from Ukraine recorded across Europe(1)
Russia
Poland
Germany
Czech Republic
Italy
Turkey
Spain
United Kingdom
France
Slovakia
Bulgaria
Republic of Modova
Romania
Austria
Netherlands
Lithuania
Switzerland
Belgium
Portugal
Estonia
Sweden
Ireland
Latvia
Denmark
Finland
Hungary
For the latest updates, see Statista Russia-Ukraine war 2022 - statistics & facts and Russia-Ukraine conflict 2021-2022 - statistics & facts (1) As of July 24-26 or the latest, 2022
Sources: Statista 2022; Özdamar & Shahin 2021; IMF 2022; UN 2022; Kiel Institute 2022; Castellum.AI 2022
151,863
145,000
130,160
99,700
92,156
87,027
86,950
86,880
84,384
77,200
68,050
60,010
58,643
52,038
47,847
47,310
42,788
42,764
35,205
32,116
30,373
27,316
400,559
915,000
1,246,315
1,857,122
Implications for the global economy due to the Russia-Ukraine war
Russia-Ukraine War: Global Impacts
2022 global GDP projection revision
Projected economic situation changes since war(2)
by selected institutions(1)
4.4%
IMF
OECD
World Bank
UN
3.6%
4.5%
3.0%
4.1%
2.9%
3.6%
2.6%
Pre-war projection
After- war outbreak projection
8
Notes:
Disaster
Strongly negative
Moderately negative
Slightly negative
For the latest updates, see Statista Russia-Ukraine war 2022 - statistics & facts and Russia-Ukraine conflict 2021-2022 - statistics & facts (1) Difference between May 2022 (or latest) forecast and pre-war baseline forecast
(4.4% WEO IMF Jan 2022) (2) Country groupings are based on the differences between pre-war and current forecasts of 2022 GDP/inflation. GDP/inflation data is published by IMF WEO October 2021 and April 2022
Sources: Statista 2022; IMF 2022; UNCTAD 2022; OECD 2022; World Bank 2022
Almost unchanged/Slightly positive
The war has caused strong fluctuations in the global commodities market
Russia-Ukraine War: Trade Impacts
Top products(1) exported by Russia and Ukraine in
Top products(1) exported by Russia and Ukraine as
billion US$
% of the global export value
Commodities price index (2019=100)
RussiaUkraine
conflict
350
Fuels & oils
142.5
Preci. metals
30.5
& jewellery
Iron & steel
23.7
Cereals
& jewellery
Fish
& equip.
Copper
Ores, slag
300
250
200
150
5.4
5.4
100
4.5
4.4
3.9
7.4
& ash
Railway
3.8
6.9
Aluminium
3.6
Ukraine
Notes:
7.4
9.6
8.8
9.8
Wood
Wood
Elec. machin.
10.2
7.5
Metals
Preci. metals
Fertilizers
13.8
Iron & steel
9.7
& ash
14.1
Nickel
Fats & oils
Ores, slag
9
Fertilizers
Fats & oils
10.2
& machin.
15.8
Fuels & oils
18.8
Nuclear reactors
Cereals
Russia
For the latest updates, see Statista Russia-Ukraine war 2022 - statistics & facts and Russia-Ukraine conflict 2021-2022 - statistics & facts (1) Product groupings are based on HS-2 code, data in 2021 or latest
Sources: UN Comtrade 2022; Intracen 2022; World Bank 2022; Statista 2022
50
0
2019M01
2020M01
2021M01
2022M02
2023
Forecast
Energy
Oils & Meals
Fertilizers
Food
Grains
Metals & Minerals
Global COVID-19 pandemic
COVID-19 Overview
Total number of deaths per 1 million population(1)
GDP growth rate in %
8
COVID-19
outbreak
6
4
2
0
2015
-2
2016
2017
2018
2019
2020
-4
-6
-8
0
10
Notes:
(1) As of July 2022
Sources: IMF 2022; Our World in Data 2022
6,339
World
Emerging and developing Europe
Advanced economies
Latin America and the Caribbean
Euro area
Middle East and Central Asia
Emerging and developing Asia
Sub-Saharan Africa
2021
Fiscal measures since Jan 2020 in response to the COVID-19 pandemic have
reached 17.3% of global GDP
COVID-19 Fiscal Policy
Global fiscal measures as percentage of 2020 GDP
Fiscal measures as percentage of 2020 GDP
8.6
6.2
1.4
Additional
11
Additional
Accelerated
spending or
spending or
spending /
foregone revenues:
foregone revenues:
deferred revenue
non-health sector
Health sector
Notes:
As of October 2021
Sources: IMF 2022
Liquidity support
0.9
<2.5%
2.5%-5%
5.1%-7.5%
7.6%-10%
10.1%-20%
>20%
CHAPTER 2
Financial Numbers
Mainland China had the highest revenue in 2021
Industry Revenue: Global Comparison
Revenue in billion US$ in 2021
0.019
13
Notes:
Data is in current US$
Sources: National Statistical Offices 2022; Statista Industry Outlook 2022
1,276.9
Revenue in Mainland China is projected to reach US$1,362.0bn in 2025
Industry Revenue: Outlook
Revenue outlook and growth rates(1)
CAGR 2021-2025(2) in %
14.0
Portugal
12.0
France
Brazil
Slovakia
10.0
Switzerland
8.0
Netherlands
Sweden
Austria
6.0
4.0
United Kingdom
Spain
Belgium
Poland
Saudi Arabia
2.0
Taiwan
0.0
India
Norway
Denmark
Malaysia
-2.0
-300
-200
Germany
Italy Canada
-100
0
100
Finland
Philippines
Mexico
United States
Mainland China
South Korea
200
300
400
500
600
700
800
900
1,000
1,100
1,200
1,300
1,400
Revenue in billion US$ in 2025
14
Notes:
(1) Industry revenue in current US$, converted from local currencies using annual average / predicted exchange rates (2) CAGR: Compound Annual Growth Rate / average growth rate per year
Sources: National Statistical Offices 2022; Statista Industry Outlook 2022
At 173.7% from 2015 to 2025, France's revenue growth rate in this industry will
be the highest
Industry Revenue: Index
Revenue index (2015=100)
180
160
140
120
100
80
60
40
20
0
2015
15
Notes:
2016
2017
2018
2019
2020
2021
2022
2023
2024
China
Germany
Japan
Italy
United Kingdom
Brazil
Mexico
Saudi Arabia
United States
France
India
Spain
Canada
South Korea
Philippines
Malaysia
Industry revenue in current US$, converted from local currencies using annual average / predicted exchange rates
Sources: National Statistical Offices 2022; Statista Industry Outlook 2022
2025
In 2020, Germany had the highest production value in the "Manufacturing"
industry
Production
Production value in million US$ in selected countries in 2020
Germany
Italy
France
Spain
Turkey
Netherlands
Poland
Belgium
Sweden
Austria
Czech Republic
Denmark
Finland
Hungary
Portugal
Romania
Norway
Bulgaria
Croatia
16
Notes:
Value in current US$
Sources: OECD 2022
1,976,136
1,041,139
938,841
522,984
405,052
352,728
352,339
275,069
214,570
211,353
188,403
131,765
124,403
114,483
92,932
91,811
83,742
36,462
20,990
Consumer spending on electric vehicles is expected to increase by 31.5% p.a.
from 2019 to 2025
Consumer spending: Mobility Market Outlook –Electric Vehicles (by Region)
Market size revenue in billion US$
The values shown on this and the following slides are derived from the Statista
Outlooks. They present the size of a defined market and are based on endconsumer prices. When it comes to the market size, it does not matter what
+31.5%(1)
46
0
121 1
61
2019
23
36
176 0
1
66 24
86
2020
Europe
17
Notes:
Asia
350
2 0
383
3 0
55
175
161
461
3 0
68
208
141
150
181
2021
2022
2023
Americas
537
4 0
84
627
5 0
102
239
211
247
2024
2025
Africa
Only includes countries listed in the Consumer Market Outlook (1) CAGR: Compound Annual Growth Rate / average growth rate per year
Sources: Statista Mobility Market Outlook 2022
the consumption at a Worldwide level. The markets in the Statista Outlooks also
do not follow the classification system; they focus on the products themselves, not
the industry. Therefore, the numbers shown here are not comparable with other
revenue values.
273
Australia & Oceania
the geographical origin of the product / service provider is; what matters is
With revenues of US$102,200bn, China ranked 1st in 2021
Consumer spending: Mobility Market Outlook –Electric Vehicles (by Country)
Revenue in billion US$ in 2021
6.03
18
Sources: Statista Mobility Market Outlook 2022
102,200
CHAPTER 3
Trade and Investment
For ''Transport equipment & Automotive products'', Europe is the biggest trade
partner
International Trade: Imports and Exports
Export flow in billion US$
Import flow in billion US$
3,644.0
3,554.2
2,989.5
53%
53%
53%
20%
21%
25%
25%
1%
0%
2018
1%
0%
1%
2019
Africa
20
Notes:
3,649.4
3,587.1
2,959.1
47%
48%
49%
20%
30%
31%
29%
26%
18%
17%
17%
2020
Australia & Oceania
2%
3%
0%
2018
Asia
Americas
Aggregate data (in current US$) covers all countries in Statista country list with data availability. Data refers to SITC Rev.3 code "Transport equipment & Automotive products"
Sources: Statista 2022; WTO 2022
3%
2%
2019
Europe
3%
2%
2020
For ''Transport equipment & Automotive products'', Germany, Japan, United
States, and Mexico are top exporters
International Trade: Top Exporters
Shares of top exporters in total value in 2020
Top exporters by value in billion US$ in 2020
2,989.5
16.4%
1,751.2
9.3%
58.6%
8.3%
221.7
246.7
7.4%
21
Notes:
Germany
United States
Japan
Mexico
491.5
278.4
Germany
Japan
Rest of World
Aggregate data (in current US$) covers all countries in Statista country list with data availability. Data refers to SITC Rev.3 code "Transport equipment & Automotive products"
Sources: Statista 2022; WTO 2022; Intracen 2022
United States
Mexico
Rest of World
Total
For ''Transport equipment & Automotive products'', the United States, Germany,
Mainland China, and France are top importers
International Trade: Top Importers
Shares of top importers in total value in 2020
Top importers by value in billion US$ in 2020
2,959.1
19.4%
1,767.1
9.8%
59.7%
177.6
6.0%
573.9
291.4
United States
Germany
149.1
5.0%
United States
22
Notes:
Germany
Mainland China
France
Rest of World
Aggregate data (in current US$) covers all countries in Statista country list with data availability. Data refers to SITC Rev.3 code "Transport equipment & Automotive products"
Sources: Statista 2022; WTO 2022; Intracen 2022
Mainland
China
France
Rest of World
Total
Countries apply very different tariffs on the products of this industry
International Trade: Tariffs
Average applied most-favoured nation tariffs in 2021 or latest available
0.0%
23
Notes:
49.1%
Data is the simple average of the relevant HS code 87 ("Vehicles other than railway or tramway or tramway rolling stock, and parts, and accessories thereof"), see appendix for details
Sources: Statista 2022; WTO 2022
The applied tariffs ranged from 0% in Brunei to 49.1% in Maldives
International Trade: Tariffs Ranking
Average applied most-favored nation tariffs in 2021 or latest available
24
#
Economy
1
Brunei Darus.
1
Singapore
1
1
#
Economy
#
Economy
#
Economy
#
Economy
0.0
21
Moldova
0.0
22
Israel
3.8
41
Armenia
3.9
42
N. Macedonia
6.4
61
Burundi
6.5
62
Nigeria
9.6
77
Tanzania
9.9
101 Guyana
12.7
121 Cameroon
19.9
9.7
77
Lesotho
9.9
102 Uruguay
13.1
122 Egypt
21.9
Iceland
0.0
23
Hong Kong
0.0
24
Panama
4.1
43
Costa Rica
4.7
44
Kazakhstan
6.6
62
Myanmar
6.9
62
Senegal
9.7
77
Botswana
9.9
102 Belize
13.1
123 Brazil
22.7
Sier. Leone
9.7
77
Kenya
9.9
104 Philippines
13.3
124 Argentina
1
Switzerland
0.0
24
Cuba
4.7
45
Austria
7.0
23.1
62
Togo
9.7
85
Mozambique
10.1
104 Morocco
13.3
125 Nepal
24.7
1
Georgia
1
Norway
0.0
26
Oman
0.0
26
UAE
4.8
46
Ukraine
4.8
47
Yemen
7.1
62
Niger
9.7
86
Congo
10.2
106 Ecuador
13.6
126 Vietnam
29.3
7.4
62
Mali
9.7
86
Uganda
10.2
107 Sri Lanka
13.9
127 Thailand
34.7
8
9
Japan
0.1
26
Pap. N. Guin.
0.5
26
Bahrain
4.8
48
Qatar
4.8
49
Angola
7.5
62
Liberia
9.7
88
Madagascar
10.5
107 Vanuatu
13.9
128 Pakistan
36.0
S. Korea
7.6
62
Ghana
9.7
89
Suriname
10.6
109 Bangladesh
14.0
129 India
10
Seychelles
0.7
26
Kuwait
4.8
41.7
50
Kyrgyzstan
7.7
62
Guinea
9.7
90
Jordan
10.8
110 Malawi
14.6
130 Maldives
49.1
10
Mauritius
12
Peru
0.7
31
UK
1.8
32
Comoros
4.9
51
Tajikistan
8.2
62
Benin
9.7
91
Laos
11.3
111 Algeria
15.4
5.0
51
Fiji
8.2
62
Domin. Rep.
9.7
91
Chin. Taipei
11.3
112 Cambodia
13
Montenegro
2.3
32
15.5
Mongolia
5.0
51
Rwanda
8.2
62
Guinea-Bissau
9.7
93
Dominica
11.4
113 Cabo Verde
15.7
14
Guatemala
3.0
15
Albania
3.1
34
Nicaragua
5.2
54
Russia
8.3
62
Burkina Faso
9.7
93
Mauritania
11.4
114 Venezuela
16.8
35
Saudi Arabia
5.8
54
Bolivia
8.3
62
Ivory Coast
9.7
95
Mexico
11.8
115 Zimbabwe
17.0
15
USA
17
Australia
3.1
36
Tonga
5.9
56
Paraguay
8.5
62
Gambia
9.7
96
Colombia
11.9
116 Malaysia
17.6
3.5
36
Honduras
5.9
57
Samoa
8.7
77
South Afri.
9.9
97
Ant. & Bar.
12.1
117 Indonesia
18
19.3
Canada
3.6
36
Chile
5.9
58
Tri. & Toba.
8.9
77
Jamaica
9.9
97
Tunisia
12.1
118 Gabon
19.4
19
Haiti
3.7
39
El Salvador
6.1
59
Saint Lucia
9.5
77
Namibia
9.9
99
China
12.2
119 Cen. Afri.
19.5
19
N. Zealand
3.7
40
Turkey
6.2
59
Zambia
9.5
77
eSwatini
9.9
100 Grenada
12.3
119 Chad
19.5
Notes:
Tax (%) <leer>
Tax (%) <leer>
Tax (%) <leer>
Tax (%) <leer>
Tax (%) <leer>
For countries in European Union, see the tariffs of Austria. Data is the simple average of the relevant HS code 87 ("Vehicles other than railway or tramway or tramway rolling stock, and parts, and accessories thereof"), see
appendix for details
Sources: Statista 2022; WTO 2022
#
Economy
Tax (%) <leer>
#
Economy Tax (%)
The United States is the most important player of the global FDI flows and M&As
deals
Investment by Top Countries
Highest FDI inflows in billion US$ in
Highest FDI outflows in billion US$ in
Highest net cross-border M&As sales
Highest net cross-border M&As
2021
2021
in billion US$ in 2021
purchases in billion US$ in 2021
United States
Mainland China
Hong Kong
Singapore
Canada
Brazil
India
South Africa
Russia
Mexico
Germany
Israel
United Kingdom
Sweden
Belgium
Australia
Poland
Japan
UAE
Indonesia
Saudi Arabia
South Korea
Ireland
Vietnam
France
25
Notes:
60
50
45
41
38
32
31
30
28
27
26
25
25
25
21
20
19
17
16
16
14
99
181
141
367
United States
Germany
Japan
Mainland China
United Kingdom
Canada
Ireland
Singapore
Belgium
Netherlands
Luxembourg
Saudi Arabia
Brazil
UAE
Denmark
Sweden
Thailand
India
Chile
Italy
Austria
Israel
Australia
Malta
Czechia
152
147
145
108
90
62
47
46
29
25
24
23
23
22
20
17
16
12
12
11
10
9
7
6
Data is referring to an aggregate of all industries. FDI: Foreign direct investment, M&A: Mergers and Acquisitions. Data is in current US$
Sources: Statista 2022; UNCTAD 2022
403
United States
United Kingdom
Singapore
Canada
Saudi Arabia
Spain
Israel
Germany
Australia
Luxembourg
Netherlands
Italy
Switzerland
Ireland
Finland
Norway
India
South Korea
Hong Kong
Papua New Guinea
Sweden
New Zealand
France
Mainland China
45
29
24
24
22
21
20
20
17
14
13
10
9
8
8
8
6
6
5
5
5
4
95
284
United States
France
Canada
Japan
Ireland
Germany
United Kingdom
Australia
Singapore
Norway
Italy
Denmark
Thailand
Switzerland
UAE
Sweden
Netherlands
Luxembourg
Hong Kong
India
Mainland China
Israel
Russia
Belgium
Poland
86
66
60
50
43
38
23
17
15
14
13
12
8
6
4
4
3
3
3
2
2
2
2
2
216
In the "Automotive" industry, the number of FDI projects decreased between
2019 and 2021
Investment: Overview
Number of deals
Deal values in million US$
1,022
Average deal size in million US$
62,350.4
1,641.3
692
571
33,033.7
34,166.9
632.2
15,173.2
9,848.0
75
6
2019
2020
24
2021
2,529.7
2019
61.0
2020
Greenfield FDI projects
26
Notes:
2021
M&A purchases
Data is in current US$. Greenfield FDI: Creation of a firm from scratch by one or more non-resident investors. Mergers and acquisitions (M&A): Two or more firms joined together to form a legal entity
Sources: Statista 2022; UNCTAD 2022
33.7
2019
57.9
2020
49.4
2021
FDI projects experienced a value growth of 3.4% from 2020 to 2021 in the
"Automotive" industry
Investment: Greenfield Foreign Direct Investment
Greenfield FDI projects in 2021
Value growth 2020/21 (%)
600
Administrative
Water & waste management
500
200
100
0
-100
-200
-300
Pharmaceuticals
Real estate
& support services
& tobacco
Education
400
300
Food, beverages
Energy & gas supply
Machinery & equipment
Electronics
Health services
Rubber
& electrical equip.
& plastics
Extractive industries
Trade
Entertainment
Professional services
Agri., forest.
& fishing
Average
Hospitality
Automotive
Construction
Finance and insurance
Basic metal & metal products Chemicals
0
100
200
300
400
500
600
700
800
Transportation & storage
Textiles, clothing
& leather
Notes:
Deals: 3,743
900 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1,700 1,800 1,900
Total value: US$25 billion
27
Information & communication
Greenfield FDI: Creation of a firm from scratch by one or more non-resident investors. Negative FDI positions largely result when the loans from the affiliate to its parent exceed the loans and equity capital given by the
parent to the affiliate. This is most likely to occur when FDI statistics are presented by partner country. Data is in current US$
Sources: Statista 2022; UNCTAD 2022
3,800 3,900 4,000
Number of Deals
In the "Automotive" industry, the number of cross-border M&A purchases
decreased by 260.7% from 2016 to 2021
Investment: Mergers and Acquisitions
Development of cross-border M&A purchases
86
20
90
83
75
15
15.2
66
70
9.8
10
50
2.5
2.5
40
0
24
6
0
2017
2018
Deal volume (Number of Deals)
Notes:
10
-9.4
2016
28
30
20
-5
-10
60
4.6
5
80
Data is in current US$
Sources: Statista 2022; UNCTAD 2022
2019
Deal value in billion US$
2020
2021
CHAPTER 4
Companies
Volkswagen Ag registered the largest revenue in the "Manufacture of motor
vehicles, trailers and semi-trailers" industry
Selected Top Companies
Rank
Total revenue in billion US$
No. of employees
Headquarters
Economy
672,800
Wolfsburg
Germany
361,907
Toyota
Japan
172,425
Stuttgart
Germany
n.a.
London
Italy
1
Volkswagen Ag
2
Toyota Motor Corp.
3
Mercedes-Benz Group
4
Stellantis Nv
5
Ford Motor
136.3
183,000
Wilmington
United States
6
Bayerische Motoren Werke
Ag
133.4
118,909
Munich
Germany
7
Honda Motor Co., Ltd.
132.6
204,035
Minato
Japan
8
General Motors Co.
157,000
Wilmington
United States
9
Saic Motor Corp. Ltd.
15,059
Shanghai
China
66,002
Seoul
South Korea
10
30
Company
Notes:
Hyundai Motor Co., Ltd.
296.1
254.9
214.1
176.8
127.0
120.1
103.5
Only stock-listed companies; the selection of companies is based on their major sources of revenue. Data for 2021 or latest available
Sources: Market data by Quandl and WBV 2022; Company DB 2022
With 409 thousand enterprises, Turkey had the highest count of companies in
the "Manufacturing" industry in 2020
Business Demographics: Number of Enterprises
Enterprises in thousands in 2020
409
239
217
212
177
169
77
68
25
21
20
20
17
16
16
12
11
8
1
Norway
Ireland
Denmark
New Zealand
Latvia
Estonia
Luxembourg
Belgium
Sweden
Hungary
Greece
30
Finland
40
Slovenia
47
Lithuania
54
Austria
56
Bulgaria
57
Romania
Portugal
Netherlands
Slovak Republic
Spain
Czech Republic
Germany
Sources: OECD 2022
France
Poland
Turkey
31
76
In the "Manufacturing" industry, there were significant differences between birth
and death rates of enterprises in 2019
Business Demographics: Birth and Death Rates
Birth rate of enterprises as % of all active enterprises in 2019
Lithuania
Slovak Republic
Turkey
Latvia
Romania
Poland
France
Croatia
Hungary
Denmark
Portugal
Netherlands
Czech Republic
Bulgaria
Finland
Slovenia
Norway
Spain
Belgium
Italy
Germany
Sweden
Switzerland
Austria
32
Sources: OECD 2022
9
4
5
5
5
5
6
6
6
6
7
8
8
8
8
8
9
10
10
12
12
12
12
Death rate of enterprises as % of all active enterprises in 2019
15
17
Bulgaria
Denmark
9
Poland
9
6
Finland
5
Sweden
5
Netherlands
4
Slovenia
France
4
Austria
3
3
Belgium
Norway
3
CHAPTER 5
Employees and Salary
With a share of 13.6%, "Manufacturing" had the 3rd highest share of
employment
Employment: Share of Employment
Share of employment in 2021
4.1%
Agriculture, forestry, and fishing
5.2%
Mining and quarrying
5.2%
Manufacturing
26.6%
Utilities
4.4%
Construction
4.6%
Wholesale and retail trade; repair of motor vehicles and motorcycles
Transport, storage, and communication
1.6%
0.6%
3.9%
Accommodation and food service activities
Financial and insurance activities
6.3%
13.6%
15.0%
34
Sources: Statista 2022; ILO 2022
0.9%
8.0%
Real estate, business and administrative activities
Public administration and defence; compulsory social security
Education
Human health and social work activities
Arts, entertainment, and recreation and other services
The number of employees in the "Manufacturing" industry decreased by 0.5%
from 2016 to 2021
Employment: Total Employees (by Year)
Total number of employees in millions
-0,5%
446
446
447
448
268
268
270
178
178
2016
2017
434
444
271
263
270
177
177
171
174
2018
2019
2020
2021
Female
35
Sources: Statista 2022; ILO 2022
Male
In 2021, Asia had the largest total number of employees in the "Manufacturing"
industry
Employment: Total Employees (by Region)
Total number of employees in thousands
298.142
122.834
175.308
Asia
56.748
17.807
49.793
16.586
38.942
33.207
33.464
14.726
18.738
Europe
Americas
Africa
Male
36
Sources: Statista 2022; ILO 2022
Female
1.239
874
365
Australia & Oceania
In the "Manufacturing" industry, India has the highest average weekly hours
worked per employee
Employment: Weekly Hours Worked
Average weekly hours worked per employee
6.2
37
Notes:
Data is 2019-2021 average. Industry classification is based on ISIC, Rev. 4 (for most of countries) or ISIC, Rev. 3 (for South Africa, Canada and Colombia in some years)
Sources: Statista 2022; ILO 2022
59.0
With regard to earnings, there are significant differences between countries in
the "Manufacturing" industry
Wages: Earnings in OECD countries
Average nominal monthly earnings in US$ in 2021 for male employees
Switzerland
Belgium
Netherlands
France
Austria
Germany
United States
Norway
Finland
Sweden
Spain
Japan
Slovenia
Lithuania
Czechia
Slovakia
Latvia
Portugal
Greece
Denmark
Costa Rica
Turkey
Mexico
Colombia
38
8,289.7
7,746.1
6,708.0
6,563.6
5,845.2
5,447.1
5,366.9
5,297.5
4,165.6
4,136.7
3,617.5
3,013.8
2,839.3
1,790.4
1,759.7
1,684.7
1,403.8
1,090.8
1,022.2
944.0
831.6
805.2
383.1
326.9
:
Sources: Statista 2022; ILO 2022
Average nominal monthly earnings in US$ in 2021 for female employees
Switzerland
Belgium
France
Norway
United States
Netherlands
Germany
Austria
Sweden
Finland
Spain
Slovenia
Japan
Lithuania
Czechia
Slovakia
Latvia
Portugal
Greece
Costa Rica
Denmark
Turkey
Mexico
Colombia
6,214.0
6,189.3
5,497.3
4,909.8
4,481.0
4,466.4
4,368.9
4,190.8
4,049.8
3,747.5
2,909.9
2,224.0
2,085.7
1,376.2
1,339.4
1,326.0
1,106.8
887.5
870.4
814.5
795.2
609.5
302.3
301.6
With regard to earnings, there are significant differences between and male and
female employees in the "Manufacturing" industry
Wages: Earnings in non-OECD countries
Average nominal monthly earnings in US$ in 2021 for male employees
Saudi Arabia
Romania
Uruguay
Malaysia
Kazakhstan
Argentina
Brazil
Thailand
Ukraine
Mongolia
Peru
Jordan
Bulgaria
Botswana
Vietnam
Philippines
Croatia
India
Myanmar
Egypt
Tanzania
Pakistan
Zambia
Ethiopia
39
:Notes:
Average nominal monthly earnings in US$ in 2021 for female employees
1,572.8
1,154.8
945.1
645.7
612.3
591.9
506.8
495.8
469.1
461.6
454.0
432.9
378.4
360.8
325.1
285.0
242.9
200.8
179.6
170.9
150.1
144.2
136.1
21.8
Local currency is converted to US$ using corresponding yearly average exchange rate
Sources: Statista 2022; ILO 2022
Saudi Arabia
Romania
Uruguay
Malaysia
Argentina
Kazakhstan
Thailand
Jordan
Brazil
Mongolia
Ukraine
Peru
Bulgaria
Vietnam
Philippines
Botswana
Croatia
Myanmar
India
Egypt
Tanzania
Zambia
Pakistan
Ethiopia
1,310.4
933.1
806.6
535.7
481.9
462.0
426.5
426.3
418.1
375.7
361.3
344.6
313.0
276.3
266.0
237.2
180.7
163.4
137.0
124.1
117.1
115.9
80.9
10.3
CHAPTER 6
Research and Development
R&D spendings in this industry had changed significantly over the last decade
Spending
Total R&D spending in selected countries in million US$
900
800
700
600
500
400
300
200
100
0
2012
41
Notes:
2013
2014
2015
2016
2017
2018
2019
United States
Germany
Korea
Australia
Italy
Spain
Austria
Denmark
Norway
Japan
France
United Kingdom
Canada
Sweden
Netherlands
Belgium
Finland
Portugal
Data is in current US$ prices
Sources: Statista 2022; OECD 2022
2020
In 2018-2019, China had the highest amount of R&D personnel in the
"Manufacture of motor vehicles, trailers and semi-trailers" industry
Personnel
Number of R&D personnel in the business enterprise section in selected countries, average 2018-2019
China
Germany
Japan
Korea
United Kingdom
Italy
Turkey
Spain
Poland
Czech Republic
Romania
Hungary
Canada
Slovak Republic
Slovenia
Finland
Norway
Lithuania
Estonia
Chile
42
Notes:
255,537
7,442
5,759
5,687
4,747
2,840
2,781
1,971
1,155
716
370
179
106
27
13
18,941
15,380
41,440
Personnel: Full time equivalent Business enterprise sector: All firms, organizations, and institutions whose primary activity is the market production of goods or services (other than higher education) for sale to the general
public at an economically significant price, and the private non-profit institutes mainly serving them
Sources: Statista 2022; OECD 2022
131,597
127,645
Appendix
Authors
Leonie Senn-Kalb
Tam Huu Nguyen
Team Lead Reports
Analyst
l.senn@statista.com
h-t.nguyen@statista.com
As Team Lead for the Industry, Country, Global Business City, and In-Depth Reports
Tam Huu Nguyen studied Economics, Law, and Politics in Hanoi, Hamburg, Hagen,
since 2022, Leonie Senn-Kalb specializes in economic and societal topics as well as
and Lüneburg. Before joining Statista, he conducted research in international
market and industry insights. Additionally, she continues to carry out the tasks of
macroeconomics, finance, and politics in various research institutes in Vietnam and
her previous role at Statista as Senior Project Manager, leading department-wide
Germany.
projects. Before that, she worked as a consultant at EY for Transaction Advisory
Services with a focus on large carve-out and integration projects.​
44
www.statista.com
Classification and data used in this report
Data Description and Methods (1/2)
Data sources
The Statista Industry Reports package and present quantitative data from numerous private and public sources of information. These sources include the International
Monetary Fund, the United Nations, the OECD, the International Labour Organization, the World Trade Organization, the International Trade Centre, and Statista itself.
The data sources are indicated in footnotes throughout the report.
Classification of economic activities (ISIC Classification)
The classification of the economic activities in this report is based on the fourth revision of the International Standard Industrial Classification (ISIC, Rev.4) of the United
Nations.
Forecasts and estimates
Some data used within this industry report include estimates and forecast values. The original data sources used as the basis for estimations and forecasts are provided
throughout the report.
OECD countries
Austria, Australia, Belgium, Canada, Chile, Colombia, Costa Rica, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel,
Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden,
Switzerland, Turkey, the United Kingdom, and the United States.
45
About the forecasting methods
Data Description and Methods (2/2)
Depending on the availability of data and the quality of the data time range, the
Forecasting methods
following methods were used to prepare forecasts: trend analysis (moving average
analysis, second-order statistical smoothing, and multiplier analysis), linear
regressions as well as subjective estimates. These estimates reflect years of
industry expertise and vast know-how.
Industry-specific sales, revenue, and shipment calculations were made according to
Quantitative
Qualitative time-series
time-series analysis
analysis
the relevant economic and business indicators, such as:
• The general macro-economic developments within the economy (gross domestic
product)
Causal
Trend
Press reports, industry
processes
projections
expertise, expert
assessments, etc.
• Foreign trade developments (import and export numbers)
Second Order
Regression
Statistical
analysis
Smoothing
Moving average
analysis
Multiplier
analysis
46
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