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Report: US expected to lead as the top manufacturing nation by 2020

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The report forecasts that the top eleven countries will remain consistent between now and 2020, with some exchange of rankings. In addition to China and the United States retaining the top two spots, Germany and Japan will remain at third and fourth respectively. India, currently 11th on the list, is expected to jump up to as high as fifth place. South Korea, Canada and Singapore are expected to drop one spot each due to India's rise, while Taiwan and the UK are expected to drop two spots. Mexico, meanwhile, is expected to move up from eighth to seventh.

The next nine spots, however, show how the industry anticipates that developing markets will continue to mature and become more formidable over the next five years. Malaysia is expected to rise from 17th to 13th, Vietnam from 18th to 12th, and Indonesia from 19th to 15th.  Conversely, European nations including Switzerland, Sweden, Poland, and the Netherlands are expected to drop as many as six spots in their ability to compete.

"While emerging markets continue to push the leaders, the findings demonstrate the strength of the manufacturing powerhouses of the 20th century with the United States, Germany, and Japan holding three of the top four positions currently and in the future" commented Giffi. "If you add in the UK and Canada, which are also part of the top ten most competitive manufacturing nations, it really emphasizes the 'back to the future' theme of these research findings. It also suggests that the BRIC countries (Brazil, Russia, India, and China) – with the exception of China – seem to have lost their allure as highly competitive manufacturing locations today, based on the views of executives responding to this study. India, however, is projected to move back up to the top five in the world, demonstrating executive optimism for the country in the future."

 

 

 

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