Posts Tagged ‘Manufacturing’

Move toward Green Vehicles Will Drive Growth in the Car and Automobile Manufacturing Industry

Los Angeles, California (PRWEB) October 26, 2011

Through 2016, automakers will find the light at the end of the tunnel, with uninterrupted growth in the forecast, according to IBISWorld, the nation?s largest publisher of industry research. The consumer sentiment index is expected to rise at an annual average of 4.3% over this period, reaching 95.0, up from 76.8 in 2011. Continuous improvements in credit availability and disposable income will encourage increased spending on new vehicles. As a result, industry revenue is expected to rise 4.2% annually to $ 102.3 billion with 5.0% growth expected in 2012. However, the industry is still in decline, and will struggle to return to prerecession revenue levels even at the tail end of the outlook period.

The woes of the Big Three automakers (GM, Ford and Chrysler) have been so deep during the past two years that they took desperate measures to get them back on their feet. Plant closures, suspension of research and development, drastic employment reductions and pleas for government bailouts have been the recent frontline agenda. Despite these measures, Chrysler and GM were unable to reduce debt to a viable level and sought bankruptcy protection in May and June of 2009, respectively. Also, Italian automaker Fiat and the workers’ union United Auto Workers (UAW) bought out Chrysler, helping the company emerge from bankruptcy. Last, the US government took a majority stake in GM, which helped the company follow Chrysler’s footsteps out of bankruptcy protection. According to IBISWorld analyst Antonio Danova, since 2006, these conditions have caused revenue in the Car and Automobile Manufacturing industry to fall at an average annual rate of 4.0% to total $ 83.2 billion. ?In 2011, industry revenue is expected to grow 13.3% as vehicle sales continue to climb up from historic lows,? says Danova.

Falling car production and plummeting profit have also hurt the Car & Automobile manufacturing industry, with the Big Three automakers posting losses since 2006. While Chrysler and GM required bailouts, Ford controlled its debt. The Japan-based automakers operating in the United States (Toyota, Honda and Nissan) have a different story. Unburdened by legacy costs (such as pricey pension funds and union membership) and the erroneous belief that consumers would always demand big cars, Japanese automakers recorded strong sales and profit until the first half of 2008.

The future of the Car and Automobile Manufacturing industry seems more certain now that Chrysler and GM have been saved from financial failure. In 2011, industry profit margins will be a relatively healthy 2.1% as companies benefit from a combination of cost cutting enacted in 2009 and rising vehicle sales. All automakers will focus production on environmentally friendly vehicles through 2016 in order to become more competitive. Shifting consumer preferences, along with a general recovery in the demand for vehicles, will help industry revenue grow at an estimated average of 4.2% annually to $ 102.3 billion by 2016.

For more information, download the full report from IBISWorld on the Car and Automobile Manufacturing industry

IBISWorld Industry Market Research Reports Contain:

About this Industry

Industry Definition

Main Activities

Similar Industries

Additional Resources

Industry at a Glance

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalisation & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

Jargon & Glossary

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld

Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189


About IBISWorld Inc.

Recognized as the nation?s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

###

It Slices, Dices, Bottles, Cans and Ices. A New Collection of Commercial Food Machinery Manufacturing Reports from IBISWorld

(PRWEB) October 11, 2011

Commercial food product machinery manufacturing generated over $ 4 billion in 2011. A number of consumer and environmental trends, as well as a pickup in consumer spending on processed food items, will lead to growing revenue for industry?s best companies. New technology and food safety concerns will continue to influence businesses investing in new machinery.

Moreover, as consumers spending begins to recover demand for food machinery from key downstream sectors will boom. According to IBISWorld revenue from the largest food manufacturing industry – meat, beef & poultry processing ? will expand by 5.5% in 2012. The entire food manufacturing sector ? 22 individual industries in all ? will grow by 3.1 in 2012 to $ 683 billion. According to Industry Analyst Josh McBee ?to meet the expected pickup in sales companies have started to invest in machinery through 2011 and will continue to do so over 2012. With food input costs rising, many food and beverage producers are seeking new machinery as a way to increase productivity and remain competitive against manufacturers in Asia and Europe. Most major food machinery companies invest heavily in R&D efforts.?

Another positive for the machinery manufacturers is that input prices are moderating. Manufacturers of commercial food machinery are highly sensitive to the price of steel, a major input in the manufacturing process. McBee adds ?that while profit margins are relatively good for industrial machinery manufacturing, margins have been hit in recent years by buoyant steel prices. After two years of rising rapidly, the price of steel is projected to trend down in 2012 due to softer demand worldwide. This reversal of recent trends is partially due to a slower than expected recovery in the US economy. Nonetheless, while steel prices may ebb in the short term, the longer term trajectory is upwards. This puts more pressure on companies to innovate or lose market share.?

IBISWorld?s new collections include in-depth studies on the following commercial food machinery industries:

Anti-Pervert Panties Block IR

These days technology is advancing at such a fast rate that cameraphones with IR night vision can be tweaked to see through clothes. Cramer Japan made these nylon and polyurethane panties that block IR, hampering the photographs. The name of the undies? ShotGuard Inner Shorts. The company is planning also to make bras the same material. In fact this short had been in market for around a year already, just that not many shop are selling it.

Anti-Pervert Panties