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U.S. Manufacturers Will Overtake Manufacturing Countries by 2020

As America continues to optimize the manufacturing industry and its supply chains, U.S. Manufacturers will see a significant global ranking.

When it comes to global competitiveness, manufacturing is a strong component in differentiating countries from one another.

A study done by Deloitte Global and the U.S. Council on Competitiveness predicts that the U.S. will dislodge China as the most competitive manufacturing nation in the world by 2020.

Additionally, the 2016 Global Manufacturing Competitiveness Index tells us that the top eleven countries will have consistent rankings between now and 2020.

Find out how the U.S. is ranked in the top 10 manufacturing countries from the list below.

10. Singapore

Singapore just makes it in the top ten list with over 30 biomedical sciences companies, which contributes 4%-5% of the country’s GDP.

9. Canada

Montreal, Canada is the world’s 4th largest center of aerospace manufacturing which is comprised of more than 210 companies that employ 43,500 people. Aerospace manufacturing sees $12 billion in annual sales. This impressive city can assemble an entire aircraft from locally manufactured parts.

 8. Taiwan

As technology takes the world by storm, Taiwan ranks as number 8 on the list for its TFT-flat screens produced by five of the world’s largest producers. Taiwan’s domestic optoelectronics industry is know for manufacturing high-precision, high-definition and color displays.

 7. Mexico

The epicenter of Mexico’s electronics manufacturers is in the capital city of Guadalajara, Jalisco. There have been $14 billion in investments since the year 2000, which will only make this industrial sector stronger.

6. South Korea

Since 2010, South Korea’s government has set a goal to capture 22% of the global biosimilars market share by 2020. The biopharmaceutical industry is a very important manufacturing sector that has Samsung involved in opening a third biologics manufacturing plant in the country.

 5. India

Given that India is the third-largest economy with purchasing power after China and the U.S., India is working on its global competitiveness with a large population of engineers and factory workers. It is noted that India has jumped from 11 on the list from last year to number 5 this year as they say goodbye to the supplier of software and call center reputation.

4. Japan

The country saw growth last month in all three subsectors – consumer goods, intermediate goods, and investment goods. In fact, the manufacturing sector accounts for 19% of Japan’s GDP. Japan sees potential in the aviation industry that will also drive growth along with its production in automobiles and other transport equipment.

 3. Germany

Once again, as technology and the Internet of Things begins to grow within the manufacturing industry, Germany is leading in industrial production research and development toward “smart production”. The country created INDUSTRIE 4.0 as a way to establish themselves as a lead provider of advanced manufacturing solutions.

 2. China

China has been manufacturing higher technology products in Shenzen, located between Guangzhou and Hong Kong. China is very competitive with the success of other its other large manufacturing cities.

1. United States

Like Germany, the U.S. is growing more competitive in the manufacturing industry with its investments in research, technology, and innovation. By 2020, advanced technology will be key to the manufacturing world in order to converge both the digital and physical worlds. Polaris Industries is one of the country’s most successful manufacturers to reach top ranking.

So while the U.S. will be the most competitive country in the world, find out how your company can help the manufacturing industry before 2020. Connect with ourMEP Supply Chain experts for more details on how you can optimize your supply chain and manufacturing sectors using technological advancements.

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