Metals & Electronics

Industrial production is undergoing a radical shift towards more connectivity and automation, while the rise in labor costs in emerging markets has triggered the demand for industrial robots. Challenges in the automotive manufacturing industry, including the global semiconductor shortage and increased climate awareness, are putting further pressure on the metals and electronics sector to innovate.

In light of growing environmental consciousness, alternative propulsion and powertrain technologies are gaining momentum, leading to investments and innovations in the battery market. However, this interest in sustainability and mitigation of carbon dioxide emissions is not limited to the transport sector. Metal manufacturing is also facing the same obstacles and opportunities, with the added strain of the Russia-Ukraine war impacting prices and demand.

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Trending Facts & Insights

  • Government expenditure on space programs in 2022 and 2023, by major country (in billion U.S. dollars)
    Dec 19, 2023

    In 2023, global government expenditure for space programs hit a record of approximately 117 billion U.S. dollars. The United States Government spent around 73.2 billion U.S. dollars on its space programs in 2023, making it the country with the highest space expenditure in the world. The U.S. was followed by China, with government expenditure on space programs of over 14 billion U.S. dollars.

    The Space Agencies Responsible for civilian space programs, as well space research and exploration, the space agencies have gained in importance over the past decades. Today, there are six government space agencies (NASA, CNSA, ROSCOSMOS, ESA, ISRO, and JAXA) with full launch and extraterrestrial landing capabilities. The National Aeronautics and Space Administration (NASA) is undoubtedly the most renowned of them all. Since its establishment in 1958, NASA has worked with international partners to enable human expansion across the solar system and beyond, bringing new knowledge and opportunities back to our home planet. It is therefore not surprising that most of their budget goes to toward science and exploration. NASA’s requested FY 2024 budget for all sectors is 27.2 billion U.S. dollars.

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  • Projected global aircraft line maintenance market size from 2022 to 2032 (in billion U.S. dollars)
    Feb 17, 2022

    This statistic presents the projected global aircraft line maintenance market size between 2022 and 2032. In 2032, the global aircraft line maintenance market is expected to be sized at 12.2 billion U.S. dollars.

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  • Panasonic's net sales from FY 2009 to FY 2024 (in billion U.S. dollars)
    May 9, 2024

    In the fiscal year 2024, Panasonic's sales revenue came to around 54 billion U.S. dollars (or 8.5 trillion Japanese yen). An increase in Japan's consumption tax and the spread of the coronavirus pandemic were among the negative factors that contributed to the company's worse financial performance.

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  • World's largest conglomerates as of May 5, 2023, based on market value (in billion U.S. dollars)
    Jun 8, 2023

    Reliance Industries topped the 2023 ranking of the conglomerates with the highest market value worldwide. The conglomerate beat out major players such as Danaher, Honeywell International, 3M, Raytheon Technologies, and Siemens.

    Rise of Asian conglomerates European and U.S. companies remained dominant in the 2023 ranking, but Asian conglomerates are on the rise. Reliance Industries of India was the leading publicly traded Asian conglomerate in terms of market value, based on closing prices as of May 5, 2023. CK Hutchinson of Hong Kong made this year's ranking. For many years, this company had been managed by Sir Li Ka-shing, who is the 28th richest individual in the world. CK Hutchison is the parent company of the Hutchison Asia Telecom Group, Cheung Kong Infrastructure Holdings, A.S. Watson Group, Husky Energy, and Hutchison Port Holdings, one of the largest marine terminal operators globally. Softbank, LG Chem, Itochu, and Mitsui were among the Asian conglomerates that made it into the top 20.

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  • Projected demand for finished steel products worldwide in 2022, with forecasts for 2023 and 2024, by region (in million metric tons)
    Oct 17, 2023

    In 2023, Asia and Oceania will be the largest consumer of finished steel products, with approximately 1.3 billion metric tons of expected demand. In the same year, African steel demand is expected to reach almost 42 million metric tons.

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  • Global market distribution of lithium-ion battery makers in 2023
    Feb 7, 2024

    China-based CATL was the leading lithium-ion battery maker as of the end of 2023, with a market share of almost 37 percent. The Chinese company BYD ranked second with a market share of 15.8 percent, followed by South Korean LG Energy Solution with a market share of 13.6 percent.

    New entrants from China increase competition CATL (Contemporary Amperex Technology Co. Limited) was the largest lithium-ion battery manufacturer in 2023, overtaking its main Chinese, South Korean, and Japanese competitors. CATL has 13 battery production bases in China, Germany, and Hungary.

    Electric cars are a major factor Considering the tightening environmental regulations, global sales of battery-electric vehicles increased 10-fold between 2017 and 2022. As a result, large-scale electric vehicle production drove a lithium-ion battery demand up to over 500 terawatt-hours.

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  • Monthly Report: Top 5 crude steel-producing countries worldwide, Jan 2020 to Dec 2023 (in million metric tons)
    Jan 25, 2024

    China continues to hold the global lead in crude steel production, with an estimated 67.4 million metric tons recorded in December 2023. This represented a decrease of approximately 13 percent compared to its production in December of the previous year. During that time given, India, Japan, the United States, and Russia were far behind China in steel production..

    China as the global leader With a recorded 99.5 million metric tons of crude steel yield, May 2021 remains the highest production peak for China to date. Since then, the country experiencing significant fluctuations in steel production. China's "zero-Covid" policy, therefore, implementing sequential lockdowns in various cities, caused a significant setback in the steel production network of the country. The government's interventions to eliminate the spread of the virus decreased the steel demand in many lines of work, predominantly in the construction sector. Despite the bottlenecks that China currently faces, the country has remained the global leader in crude steel production.

    Crude Steel Production Worldwide Production in Russia overall decreased throughout the given months, especially in June 2022; the production volume dropped by 21 percent compared to the previous month of 2022. However, high oil prices and government initiatives sustain the steel industry in the country, despite facing severe sanctions due to the Russia- Ukraine war. India saw a notable drop in crude steel production by 65.4 percent between February 2020 and April of that same year. Later, this figure increased to 10.6 million metric tons owing to India’s strong domestic demand for steel. Japan and the United States also suffered a dip in production in April 2020, though not as severe as in India. Since then, steel production in both countries has been weakly increasing, with oscillations. Increased material costs and explicitly hiking interest rates in the United States have been the main reasons for the drawbacks in production in Japan and the US.

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  • Number of active shipyards worldwide from 2014 to 2022
    May 31, 2022

    Between 2014 and 2022, the number of active shipyards nearly halved. More than 230 yards were closed as a consequence of the ongoing consolidation process within the shipbuilding industry. This was caused by a decrease in the demand for new vessels, stemming from the uncertainty surrounding future fuel composition, propulsion systems, and environmental regulations. As of April 2022, the number of active shipyards worldwide stood at 283.

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  • Most expensive cruise ships worldwide in 2024, by building cost (in billion U.S. dollars)
    Jun 6, 2024

    Royal Caribbean's Icon of the Seas was the most expensive cruise ship in terms of production costs in 2024, costing around 2 billion U.S. dollars. With a gross tonnage of about 250,800 tons, as well as capacity to accommodate around 7,600 guests, the Icon of the Seas ranks amongst the largest cruise ships to ever set sail.

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  • U.S. domestic auto production from 1994 to 2023 (in 1,000 vehicles)
    Mar 20, 2024

    In 2023, approximately 1.7 million automobiles were produced in the United States. This represents an increase of about two percent compared with the previous year. The years 2020 and 2021 were especially hard on the industry due to the COVID-19 pandemic and its knock-on effects on the automotive supply chain.

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Industry Scope

The metals and electronics industries comprise a wide range of sectors, most of which pertain to business-to-business markets. The sector’s main activities include the processing of raw products such as metal, as well as the design and assembly of vehicles, ships, planes, and other products. These activities also cover producing electronic components used in these end-products and for other applications. Statista presents insights on automation, as well as the manufacture of machine tools, motor vehicles, rolling stock, ships, and aircraft. In-depth coverage of the metal manufacturing sector, which is crucial for the industry, is also available. Statista focuses on providing global, regional, and national data while also including company rankings and research into the latest industry trends.

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