Key Highlights
- The secondary industry accounts for approximately 40% of China's GDP as of 2023
- The manufacturing sector alone contributed $4.3 trillion to global output in 2022
- In 2022, the global steel production reached 1.9 billion tons, indicating demand within the secondary industry
- The secondary industry in India grew by 4.2% in 2022, contributing significantly to the country's industrial output
- Automotive manufacturing accounts for approximately 15% of the secondary industry’s total value added in developed countries
- The global chemical industry was valued at $4.1 trillion in 2022, reflecting its importance within secondary manufacturing sectors
- In 2022, the global machinery manufacturing sector grew by 3.7%, indicating expansion in secondary industry activities
- The textile industry contributed approximately $920 billion to the global secondary industry output in 2022
- China produced over 28 million vehicles in 2022, a key indicator of the secondary industry’s scale
- The global electronics manufacturing sector generated revenues exceeding $2 trillion in 2023, driven by semiconductors and consumer electronics
- The secondary industry employment rate in Germany was approximately 24% in 2022, showing its significance in the national economy
- In the United States, manufacturing value added was around $2.3 trillion in 2022, representing a substantial component of secondary industry output
- The global paper and pulp industry's revenue was approximately $200 billion in 2022, indicative of the sector's role within secondary industries
Did you know that the secondary industry, accounting for around 40% of China’s GDP and producing over $4 trillion in manufacturing global output in 2022, drives the backbone of economic growth across the world?
Environmental and Sustainability Aspects of Manufacturing
- The green manufacturing movement contributed to a 3.5% increase in sustainable secondary industry practices in 2022, globally
- The global manufacturing sector's energy consumption in 2022 was estimated at 225 exajoules, underlining its environmental impact
Environmental and Sustainability Aspects of Manufacturing Interpretation
Industry Employment
- The secondary industry employment rate in Germany was approximately 24% in 2022, showing its significance in the national economy
- Manufacturing accounts for roughly 16% of global employment, with over 500 million workers involved worldwide as of 2023
Industry Employment Interpretation
Industry Production Volumes and Output
- In 2022, the global steel production reached 1.9 billion tons, indicating demand within the secondary industry
- China produced over 28 million vehicles in 2022, a key indicator of the secondary industry’s scale
- The global cement production was approximately 4.3 billion tons in 2022, marking its importance in construction-related secondary industry output
- The global shipbuilding industry produced 1,500 ships in 2022, reflecting its role within heavy secondary industry activities
- The European manufacturing sector experienced a 2.8% growth in 2023, driven by innovations in automation and digitalization
- The global fertilizer production was approximately 200 million tons in 2022, essential for agriculture and secondary industry
- In 2022, the global car production surpassed 80 million units, marking a record high, with emerging markets contributing significantly
- The primary aluminum production sector produced about 65 million tons globally in 2022, vital for secondary manufacturing processes
Industry Production Volumes and Output Interpretation
Manufacturing Sector Contributions and Revenue
- The secondary industry accounts for approximately 40% of China's GDP as of 2023
- The manufacturing sector alone contributed $4.3 trillion to global output in 2022
- The secondary industry in India grew by 4.2% in 2022, contributing significantly to the country's industrial output
- Automotive manufacturing accounts for approximately 15% of the secondary industry’s total value added in developed countries
- In 2022, the global machinery manufacturing sector grew by 3.7%, indicating expansion in secondary industry activities
- The global electronics manufacturing sector generated revenues exceeding $2 trillion in 2023, driven by semiconductors and consumer electronics
- In the United States, manufacturing value added was around $2.3 trillion in 2022, representing a substantial component of secondary industry output
- The secondary industries in South Korea contributed nearly 35% to the country’s GDP in 2022, highlighting industrial strength
- The global plastics manufacturing industry generated about $600 billion in revenue in 2022, a vital part of the secondary manufacturing sector
- The global aerospace manufacturing sector was valued at $94 billion in 2022, showing its significance in secondary industry
- The electrical equipment manufacturing sector contributed approximately $900 billion to global secondary industry output in 2022
- The automotive parts manufacturing sector made up about 22% of the global secondary industry in 2022, reflecting its industrial importance
- The dairy processing industry, a segment of secondary manufacturing, generated over $300 billion globally in 2022, indicating diversification within secondary industry
- The global footwear manufacturing industry generated around $230 billion in 2022, demonstrating its sizable secondary industry footprint
- In 2022, China remained the world's largest producer of cotton textiles, with exports valued at over $40 billion, highlighting textile secondary industry activity
Manufacturing Sector Contributions and Revenue Interpretation
Market Value
- The iron ore market was valued at approximately $150 billion in 2022, essential for steel production in secondary industries
Market Value Interpretation
Market Value and Growth Trends
- The global chemical industry was valued at $4.1 trillion in 2022, reflecting its importance within secondary manufacturing sectors
- The global beverage packaging industry, a subset of secondary sector, was worth over $150 billion in 2022, driven by packaging demand
- The global tool manufacturing industry was valued at approximately $73 billion in 2022, highlighting secondary industry niche markets
- The global textiles machinery market was valued at approximately $3.5 billion in 2022, indicating technological advancement in secondary industries
- The global heavy machinery market was valued at approximately $190 billion in 2022, reflecting ongoing infrastructural development and secondary industry investment
- The global rubber manufacturing industry was valued at approximately $150 billion in 2022, essential for tires and sealing applications
Market Value and Growth Trends Interpretation
Market Value, and Growth Trends
- The textile industry contributed approximately $920 billion to the global secondary industry output in 2022
- The global paper and pulp industry's revenue was approximately $200 billion in 2022, indicative of the sector's role within secondary industries
- The global automotive manufacturing sector is projected to reach a valuation of $6 trillion by 2025, encompassing multiple secondary industry segments
- In 2022, the global machinery sector saw an investment increase of 5%, signaling ongoing expansion within secondary manufacturing industries
- The electric vehicle (EV) manufacturing sector is expected to grow at a CAGR of 22% from 2023 to 2030, a major trend within secondary industry
Market Value, and Growth Trends Interpretation
Regional and Country-Specific Industry Data
- The electronics manufacturing industry in Southeast Asia expanded by 6% in 2022, with Vietnam and Thailand leading regional growth
- In 2022, the world's largest automobile manufacturing country was China, with over 28 million vehicles produced, indicating high secondary industry activity
- The world's leading steel-producing countries are China, India, and Japan, collectively accounting for over 80% of global steel output in 2022
- The electronics manufacturing output in China alone accounted for nearly 25% of global electronics production in 2022, emphasizing China's role in secondary industry
- The top five countries in chemical production in 2022 (China, the US, Germany, India, Japan) accounted for over 70% of global output
Regional and Country-Specific Industry Data Interpretation
Sources & References
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