The Automotive industry is the world’s largest vehicle manufacturing industry. Its products include cars, trucks, and buses. It employs around 5 million people worldwide, and is a major economic driver in the countries where it operates.
The word automotive derives from the Greek auto, meaning self and motive for movement. The term can also be used to describe anything that relates to automobiles, including automotive parts and technology.
There are many different types of vehicles that fall under the category of automotive, but there are a few common types: SUVs, cars, and trucks. The top-selling brands in the automotive industry include Toyota, Volkswagen, Honda, Nissan Motors, and Hyundai.
Historically, the automotive industry has been dominated by companies in the United States and Europe; however, it has experienced significant growth over the past few decades. China, India, and South Korea have all become significant volume producers.
These new economies have brought with them lower labor costs, which has helped the automotive industry grow rapidly. In fact, some experts predict that the US will be a less important manufacturer of automobiles in the coming years as production moves to South America and China.
This is because those nations have lower labor costs, better access to capital, and a greater level of automation than the US. In addition, many of these economies have lower regulatory burdens on the automotive sector, which has made it easier for them to expand their businesses.
The automotive industry has also experienced many changes over the years, including the development of new technologies and advancements in design. For example, cars have become more efficient and comfortable to drive. They can be equipped with systems that help keep the drivers safe on the road, such as car alarms and air conditioning.
There are a variety of jobs in the automotive industry, and you can choose to pursue a career as an engineer or technician. If you’re interested in the engineering side of the automotive business, a degree in an area such as mechanical or electrical engineering may be the best way to get started.
An automotive engineer is responsible for designing and developing the mechanical components of automobiles, such as engines and drivetrains. They must also be able to work with 3D modeling software and have strong communication and project management skills.
It’s a challenging and rewarding field, and the job outlook for automotive engineers is excellent. In the United States, the industry is projected to increase six percent between 2016 and 2026, with thousands of new positions opening up.
If you’re interested in pursuing a career as an automotive engineer, you should consider earning a bachelor’s degree in a related field and completing a certification program. These programs will teach you the technical skills necessary to be successful in a wide range of positions in the industry.
Alternatively, you can earn an associate’s degree in a related field and complete a certification program. These options are often more affordable than a bachelor’s degree and can be taken online, which will allow you to learn at your own pace.