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Car & Automobile Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Car & Automobile Manufacturing Market Research Report | NAICS 33611a | Aug 2014

Transmission overdrive: Renewed consumer spending and a shift toward green vehicles will drive growth

The Car & Automobile Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$102bn
Annual Growth 09-14
12.3%
Annual Growth 14-19
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Profit
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Employment
66,733
Businesses
202
Industry Analysis & Industry Trends

The Car and Automobile Manufacturing industry endured weak sales during the recession but has since recovered in the five years to 2014, due to rising consumer confidence and low interest rates. In addition, more Americans returned to work and consumer sentiment began to recover, making customers more likely to purchase big-ticket items, such as new vehicles. Over the five years to 2019, the strengthening economic conditions and returning consumer confidence will continue to fuel the industry. Automakers will also seek growth potential in the hybrid and fuel-efficient car market, as they focus on developing gas-electric hybrid vehicles to increase fuel efficiency and cut exhaust emissions... purchase to read more

Industry Report - Industry Investment Chapter

Assembly plants are highly automated production lines fitted with high-tech machinery and equipment. Firms in this industry must spend large sums on their plants and equipment, with periodic reinvestment in the case of equipment failure. For every dollar spent on labor, the average industry firm will invest nearly $0.55 in capital equipment. This ratio is slightly skewed toward labor because of the generosity of union compensation agreements. For example, in 2014 the average wage of employees in this industry including pensions for currently employed workers is expected to be $77,750. Foreign-owned manufacturers operating domestically pay their production workers roughly half this amount... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Car & Automobile Manufacturing Industry?

Companies in this industry manufacture cars and automobile chassis. These operations, which are referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacture of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

Industry Products
Compact and subcompact carsMidsize and full-size sedansSports carsLuxury cars
 
Industry Activities
Automobile assembling Automobile chassis


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