The transportation manufacturing industry is one of the key segments of the global manufacturing industry. This industry manufactures vehicles which are used for transporting goods and people. Production of various vehicle components is also included in this industry.
The top five companies covered are Toyota Motor, Volkswagen Group, General Motors, Daimler AG, Ford Motor and Fiat Chrysler Automobiles. Toyota Motor was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Transport Manufacturing Global Market Size
The global transportation manufacturing market was valued at around $8 trillion in 2017. Asia Pacific was the largest region in the transportation manufacturing market in 2017, accounting for over 38% market share. China was the largest country in the market in 2017, accounting for around 21% market share.
Transport Manufacturing Global Market Trend
Digital technologies such as block chain are being adopted by aircraft manufacturing companies to monitor performance of aircraft components and systems as the process is highly specialized and complex. Block chain is a data structure used to establish a digital archive or record blocks of data which can be accessed across a network of computers. For instance, Boeing has implemented an IoT driven blockchain to collect details about every component part.
Transport Manufacturing Global Market Segmentation
The transport manufacturing industry is segmented into motor vehicles manufacturing, motor vehicle parts manufacturing, aircraft and components manufacturing, space, military, and related transport manufacturing, ship and boat building and repairing, and train and components manufacturing.
Motor vehicles manufacturing companies manufacture motorcycles, bicycles, automobiles, light trucks and heavy duty trucks for commercial and personal use.
Motor vehicle parts manufacturing companies manufacture motor vehicle parts including engines. It includes companies manufacturing new motor vehicle parts as well as spare parts.
Aircraft and components manufacturing companies manufacture aircraft, aircraft engine and engine parts and other aircraft parts and auxiliary equipment.
Space, military, & other transportation companies develop prototypes and manufacture military armored vehicles and tanks, guided missiles, space vehicles and related propulsion unit and unit parts.
Ship and boat building and repairing companies operate shipyards and boatyards. Their products include cargo ships, passenger ships, yachts, oil and gas drilling and production platforms, barges, inflatable plastic boats and rowing boats.
Train and Components Manufacturing companies manufacture and rebuilding, gauges, frames and locomotives parts and railroad cars.