SNAPSHOT - Australian Automotive Aftermarket Association · 2019. 7. 16. · OVERVIEW KEY PRODUCT...

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Transcript of SNAPSHOT - Australian Automotive Aftermarket Association · 2019. 7. 16. · OVERVIEW KEY PRODUCT...

OVERVIEW

KEY PRODUCT MARKETS

A FRESH INDUSTRY START

AUTOMOTIVEMANUFACTURINGSNAPSHOT

2019 An evaluation of the size, composition and future prospects of the Australian automotive manufacturing industry.

COMPANIESIN 2015300260

Combined annual revenue

$4BILLION

Shifting from lower-margin volume operations

into new markets

Skilled workers from vehicle manufacturing

The average company produces parts and accessories for 4 types of vehicles, with 4WD’s the most common market.

With the dust settling in the wake of car manufacturers ceasing vehicle production in Australia, the automotive manufacturing sector has had to recalibrate, but positive signs are emerging.

21,000in 2015 in 2015

$5.2BILLION

9,800EMPLOYED

TOW

AR

DS

START-UPMENTALITY

INNOVATIVE,NEWCOMPANIESVENTURESPIVOTING

STARTINGEXISTING

86% 70% 58% 56%4WD PASSENGER

VEHICLESLIGHT

COMMERCIALPERFORMANCE

AAAA CMYK.jpg AAAA PROPER LINE LOGO.eps aaaa line only logo.eps

Project3:Layout 1 8/5/15 1:08 PM Page 1

BUSINESS PRIORITIES

EXPORT HORIZONS

POSITIVE GROWTH OUTLOOK

INDUSTRY CHALLENGES

Combined industry export value

$640MILLION

into new markets

BIGGESTEXPORT

AUSTRALIAN ECONOMIC

NZ, U.S & EUROPE

MARKETS

DOLLAR SENTIMENTUTILITYCOSTS

sell outside of

AUSTRALIA

DEVELOPING NEW PRODUCTS AND SERVICES

NEW TECHNOLOGY INVESTMENT

RESEARCH AND DEVELOPMENT

EXPLORE NEW MARKETS

EMPLOY MORE SKILLED LABOUR

The Australian Automotive Aftermarket Associations’ (AAAA) Automotive Manufacturing Research was conducted by ACA Research in May 2019. For the full research report head to www.aaaa.com.au or to discuss the findings, contact Lesley Yates, Senior Manager - Government Relations & Advocacy on (03) 9545 3333 or lesley@aaaa.com.au

With renewed optimism and market adaptation, the automotive manufacturing sector is positioning

itself for future success both in Australia and international markets. 82%

BELIEVE EXPORT VOLUME WILL

INCREASE

93%EXPECT

REVENUE TO GROW

70%