More Economic Trends
Industrial production BRIC countries
Industrial production in USA 2012
Industrial production in UK since 2000
Industrial production in Japan since 1980
Internationalization - vehicle countries
Internationalization - automakers
Main trends in automation technology
Market structure suppliers of automation
Stuxnet set up by secret services
Industrial production of the leading industrial countries - important economic indicator
Three substantial changes in industrial production of the industrial countries since 1980
The automation technology and its main sales markets such as the automobile and F&B industries are part of the industrial production. That is why the research of the world-wide industrial production’s course provides a background for this magazine’s analyzes of the trends in automation technology and the internationalization of automobile production. This article covers the industrial production in USA, Japan, Germany and the EU from 1980 to 2011. A further article will analyze the industrial production in the BRIC countries from 2000 to 2011.
June 11th, 2012 - A view of the industrial production, which covers the last 30 years, may facilitate to indicate structures in the course that are hidden for a yearly research. Such structures have been developing in the past and it is reasonable to assume that they will also consist with good probability in the next years.
The course of the industrial production in the leading industrialized countries USA, Japan, Germany and the 27 EU countries shows substantial changes in the last 10 years compared with the 20 years prior to them.
The industrial production continuously growing from 1980 to 2000
The twenty years lasting period from 1980 to 2000 shows altogether a continuous growth of the industrial production.
- Source: OECD 2012, Production and Sales (MEI): Production
At the beginning of the 80's and the 90's economic crises occurred within ten years leading to a decrease of industrial production. Such decreases do not last longer than one year and by one or two years later the pre-crisis level of production is already again exceeded.
An exception of it forms Japan. After sharp growth until 1990 a ten-year phase of the stagnant industrial production follows. In the year 2000, i.e. 10 years later, the industrial production hardly advanced.
In these twenty years lasting period the automation technology had been running through a stormy upward development. The electro mechanics is replaced by microelectronics creating ever more highly integrated components and solutions. Small, high-innovative enterprises arise making top dogs’ life tough. That is analyzed in more detail in this magazine, so it will not deepen here.
Three substantial changes since 2000
In regard to the period of the last 10 years from 2000 to 2011 substantial changes leap immediately to the eye.
- Source: OECD 2012, Production and Sales (MEI): Production
These changes are:
The impact of the crisis 2008/2009 is unique within the last 30 years
2011 the industrial production is on the level of the year 2000. There was not such a setback in the twenty years lasting period from 1980 to 2000. Only Germany’s industrial production could noticeably exceed in 2011 the level of 2000.
The duration between two crises is cut into halves
First the duration between two economic crises, the crisis cycle, consisted of 10 years, i.e. by start of the 80's to the beginning of the 90's and finally to the beginning of the new millennium. The last economic crisis, however, already originated in 2008/2009, five years, after the industrial production had exceeded the pre-crisis level in 2004.
The duration of the crises is extending
Between 1980 and 2000 the industrial production’s crisis-laden decrease took one year being balanced after following one to two years. But at the beginning of this millennium the crisis duration already extended to three to four years. And the economic crisis of 2008/2009 is today not yet overcome as the pre-crisis level of the industrial production is not yet exceeded. Even if this does not succeed in 2012, then the economic crisis would already last for five years.
About the far-reaching impact of these changes on the automation technology and its sales markets the Quest Trend Magazine will comment furthermore.
A further article investigates the industrial production in Brazil, Russia, India and China, the so-called BRIC countries. This requests the internationalization of production, how she was documented for the automobile production in an article.
