A great infographic on the movement (or lack thereof) of global manufacturing rankings over the past thirty years.
I know the point of a blog is to offer insights and opinions to readers to digest and discuss, but in this post I'd just like to let a graphic speak for itself, which I've sourced from a great report from the McKinsey Global Institute called "Manufacturing the future: The next era of global growth and innovation". The Report provides a wealth of information on the big global players in manufacturing and how their market share in various sectors has grown or eroded over the past 30 years.
I know the point of a blog is to offer insights and opinions to readers to digest and discuss, but in this post I'd just like to let a graphic speak for itself, which I've sourced from a great report from the McKinsey Global Institute called "Manufacturing the future: The next era of global growth and innovation". The Report provides a wealth of information on the big global players in manufacturing and how their market share in various sectors has grown or eroded over the past 30 years.
Everyone likes a list with country rankings and below is a graphic from the Report outlining the global rankings of developing economies over the past 30 years.
For me, a couple of things stood out to me from the 1980-2010 rankings:
US - static
Germany - slight decline
Japan - slight rise and fall
UK - moderate decline
France - moderate decline
Italy - overall static
China - substantial increase
Brazil - moderate increase (but what's with the hiccup in 2000?)
Spain - moderate-significant decline
Canada - recent moderate decline
Australia, Netherlands, Argentina, Turkey, Taiwan - only brief appearances
India - substantial increase
South Korea obviously has made a substantial increase in ranking between 1990-2010, but look at the emergence of Russia and Indonesia in 2010. It will be interesting to see if they have longevity over the next thirty years. I'll come back then and let you know.