Thriam
Thriam
LMW
LMW
Rockwell Automation study finds that 85 per cent of automotive manufacturers plan to maintain or increase workforce
.

Rockwell Automation study finds that 85 per cent of automotive manufacturers plan to maintain or increase workforce

By June 16, 2023 4:50 pm IST

The comprehensive study includes input from 197 industry leaders, including automotive manufacturers, automotive suppliers, and electric vehicle manufacturers, representing 13 prominent manufacturing nations worldwide.

Rockwell Automation has unveiled the findings from their latest report, the “State of Smart Manufacturing Report: Automotive Edition,” which marks its 8th annual release. The comprehensive study includes input from 197 industry leaders, including automotive manufacturers, automotive suppliers, and electric vehicle manufacturers, representing 13 prominent manufacturing nations worldwide.

The report emphasizes the evolution of the automotive industry with a focus on the pursuit of quality, the impact of process automation, the adoption of smart manufacturing, and the essential role of technology when mitigating risks, navigating workforce challenges, minimizing costs, and boosting production.

Key global findings revealed that the majority of automotive manufacturers, accounting for 85%, are looking to either maintain or expand their current workforce due to the adoption of technology. Furthermore, 64% of companies are utilizing software to automate their processes, while 54% are increasing automation to address the scarcity of skilled labor. The primary drivers for accelerating digital transformation are centered around cost reduction and enhancing quality. Regarding investments, 31% of automotive manufacturers have already invested in or plan to invest in AI and machine learning technologies, with further growth anticipated as more use cases and user-friendly applications emerge. Repurposing the existing workforce is expected by 42% of manufacturers, while 27% foresee an increase in hiring as a direct result of technology adoption, indicating that technology can address present challenges while fostering growth opportunities. In terms of practical implementation, 35% of these businesses affirm that smart manufacturing has assisted in resolving issues related to deploying and integrating new technologies. Additionally, 29% believe it has aided in managing the ongoing effects of the pandemic. Notably, 97% of automotive manufacturers and suppliers have established sustainability and Environmental, Social, and Governance (ESG) initiatives, with nearly half of them pursuing these initiatives as a means to gain a competitive edge.

Advertising

OEM Android App

Your future advertising space? Our media data

Paul Epperson, Vice President, Global Industry – Auto, Tire & Advanced Mobility, Rockwell Automation. said that “Over the last few years, the automotive industry has been tasked with navigating many new challenges and obstacles. From shifts in consumer demand and supply chain issues, to microchip shortages and manufacturing workforce challenges, the industry has been compelled to remain agile. For instance, with the automotive industry’s switch to electric vehicles, manufacturers are having to increase their workforce as they make the transition, not only at their existing facilities but also as they open greenfield plants. It is evident from reviewing the survey findings that navigating these challenges by adopting new technologies, while balancing quality with profitable growth, are top of mind for automotive leaders.”

The automotive industry is aware of the essential roles technology and automation play when navigating risks and striving towards profitable growth. 59% are mitigating internal risks by adopting technology, with 50% doing the same for external risks. Similarly, when asked how they intend to drive positive business outcomes, the number one response was increasing automation.

“Rockwell is uniquely positioned to serve as a trusted advisor in the automotive space for companies around the world, not only because of our dynamic portfolio of industry solutions but also our extensive partner ecosystem,” said Epperson. “Wherever companies are in their digital transformation and smart manufacturing journeys, Rockwell can meet them there and help drive innovative growth.”

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

webinar
webinar

Do you want to advertise here? Contact us

OEM Update QR Code
OEM Update QR Code

Events

India Manufacturing Show
India Manufacturing Show
4th IFFE EXPO 2025
4th IFFE EXPO 2025
Factory Automation Expo 2025
Factory Automation Expo 2025
17th ENGIMACH 2025
17th ENGIMACH 2025
LWOP
LWOP
IFAT India 2025
IFAT India 2025
Laser Engineering Technology Expo
Laser Engineering Technology Expo
Auto EV Bharat 2025
Auto EV Bharat 2025

Our Sponsors

B&R Automation
B&R Automation
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
Maco-c
Maco-c
igus
igus
Delta Electric
Delta Electric
Ravik Engineers Private Limited
Ravik Engineers Private Limited
Cumi
Cumi
Marvel Machinery
Marvel Machinery
UNP Polyvalves India Pvt Ltd
UNP Polyvalves India Pvt Ltd
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Quality Spares Center
Quality Spares Center
IMTMA- IMTEX 24
IMTMA- IMTEX 24
ACE Micromatic Group
ACE Micromatic Group
Accu Sharp
Accu Sharp
Poonam 3D Prints
Poonam 3D Prints
Chicago Pneumatic Tools
Chicago Pneumatic Tools
Shree Rapid
Shree Rapid
Yash Dynamice
Yash Dynamice
Amsak Cranes
Amsak Cranes
Molygraph
Molygraph
Exorint
Exorint
Exon mobil
Exon mobil