Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on American Employers. (See: https://www.plunkettresearch.com/industries/major-employers-jobs-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
A complete report by Plunkett Research analyzing both America’s top employers and the major trends sweeping through business and the economy that affect job seekers of all types. THE ALMANAC OF AMERICAN EMPLOYERS is the premier guide to 500 of the largest, most successful corporate employers in the nation (those with 2,500+ employee count), their employment practices, benefits and financial performance.
Key Features:
Job market trends analysis, data and competitive intelligence
Statistical tables
Employment forecasts and statistics
Important Contacts for Job Seekers
In-Depth Profiles of 500 of the largest, fastest-growing corporate employers
Gather Key Insights, Such As:
How is each industry evolving?
How is employment being shaped by new technologies?
How is demand growing?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
The Almanac of American Employers and the related online Major Employers Research Center are designed to be time-saving business tools for job seekers, marketers, sales directors, consultants, and strategists seeking to understand vibrant American corporate employers. It will also be of great use to placement, recruiting and human resources professionals, as well as professionals working in economic development, lending, and media. This feature rich almanac includes:
Contents, Statistics and Analysis Include:
Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting Job Seekers
The U.S. Job Market Overview
Cost Control Remains a Major Concern at Employers/Consolidation Through Mergers Continues
The Sharing & Gig Economy’s Effect on Employment, Work Life and Careers
Technology Continues to Create Sweeping Changes in the Workplace
Continued Growth in Outsourcing, Including Supply Chain and Logistics Services
Offshoring and the Reshoring of American Manufacturing
Older Americans Will Delay Retirement and Work Longer/Many Employers Find Older Employees Desirable
Employment Sectors that Will Offer an Above-Average Number of Job Opportunities
Plunkett Research Provides In-Depth Tables for the Following Statistics
U.S. EmploymentStatistics Overview: 2024-2025
U.S. Civilian Labor Force: 1998 – July 2025
Employment by Major Industry Sector: 2013, 2023 & Projected 2033
Number of People Employed and Unemployed, U.S.: July 2024 vs. July 2025
U.S. Labor Force Ages 16 to 24 Years Old by School Enrollment, Educational Attainment, Sex, Race & Ethnicity: October 2024
Retirement Benefits in the U.S.: Access, Participation and Take-Up Rates, March 2024
Top 30 U.S. Fastest Growing Occupations By Percent Change: 2023-2033
Occupations with the Largest Expected Employment Increases, U.S.: 2023-2033
Occupations with the Fastest Expected Decline, U.S.: 2023-2033
The automobile industry is experiencing one of the most significant transformations in its history. Forces such as electrification, sustainability, digital technology, and shifting global markets are pushing automakers to rethink business models and reimagine mobility itself. This article explores the most important trends redefining the global automobile landscape.
1. The Rise of Electric Vehicles (EVs)
Electrification stands as the single most powerful trend in the industry. Governments around the world are incentivizing EV adoption with subsidies, emissions regulations, and investment in charging infrastructure. Automakers are responding with massive investments in EV design and production.
However, challenges remain. Consumers continue to worry about range limitations, charging availability, and the higher price of EVs compared to gasoline-powered vehicles. While EV adoption is growing in regions such as China and Europe, the U.S. market is still adjusting. Global competition—particularly from Chinese manufacturers like BYD—has intensified as they export affordable, feature-rich EVs that disrupt established brands .
2. Advances in Battery Technology
The success of EVs depends heavily on battery technology. Today’s lithium-ion batteries are improving, but the industry is racing toward next-generation solutions that promise longer ranges, faster charging, and lower costs.
Emerging technologies include lithium iron phosphate (LFP) batteries, lithium-silicon hybrids, and sodium-ion alternatives. Solid-state batteries, often considered the “holy grail,” could dramatically reduce charging times while offering ranges exceeding 400 miles. Companies such as Tesla, Toyota, and a host of startups are investing heavily in this space. If breakthroughs occur at scale, EVs could become more affordable and practical, accelerating mass adoption .
3. Shifting Global Markets
China has cemented its role as the largest automobile market, with over 31 million vehicles sold in 2024 alone. It has also emerged as a leader in EV production and export, challenging U.S., European, and Japanese automakers.
India is another rising star, with increasing domestic sales and growing export capacity. Mexico has become a vital manufacturing hub, particularly for exports to the U.S., thanks to its cost advantages and trade agreements. Meanwhile, Korean automakers Hyundai and Kia continue to expand globally, building strong reputations for affordable yet high-quality vehicles .
4. Alternative Fuels and Efficiency
While EVs dominate headlines, other alternative fuels are gaining traction. Hydrogen fuel cells are being tested for commercial fleets and long-haul trucks. Ethanol blends and natural gas-powered vehicles are seeing increased interest in certain markets.
Simultaneously, automakers are improving traditional combustion engines with hybrid systems, lightweight materials, and aerodynamic designs. These advancements help manufacturers meet increasingly strict fuel economy and emissions standards, particularly in the U.S. and Europe. The long-term trend points toward a diverse fuel landscape where EVs, hybrids, and alternative fuels coexist .
5. Digital Transformation of Vehicles
Cars are rapidly evolving into smart, connected devices. Telematics, predictive diagnostics, and over-the-air updates allow automakers to enhance vehicle performance long after purchase. Infotainment systems now integrate seamlessly with smartphones, offering drivers real-time navigation, entertainment, and connectivity.
Connectivity also enables vehicles to communicate with one another (V2V) and with infrastructure (V2I), paving the way for smarter, safer transportation networks. Automakers are experimenting with subscription-based services—ranging from advanced driver-assistance features to premium entertainment packages—as new revenue streams beyond traditional sales .
6. Autonomous Vehicles and Ride-Hailing
Autonomous driving remains one of the most ambitious goals in the automotive sector. Billions of dollars are being invested in artificial intelligence, sensors, and robotics to enable self-driving capabilities. Companies like Waymo, Tesla, and Aurora are making progress, particularly in controlled environments such as ride-hailing services and long-haul trucking.
Ride-hailing platforms—Uber, Lyft, and Didi—continue to expand globally. Their business models could be fundamentally transformed if fully autonomous vehicles reduce the need for human drivers. The widespread adoption of driverless fleets could significantly decrease private car ownership, particularly in urban areas where mobility-as-a-service (MaaS) models are gaining momentum .
7. Safety Innovations and Insurance
Vehicle safety is advancing rapidly. Features such as lane departure warnings, automatic emergency braking, and adaptive cruise control are becoming standard across new models. These technologies not only save lives but also reshape consumer expectations for what modern vehicles should provide.
The insurance industry is also adapting. Telematics allows insurers to assess driver behavior in real time, offering personalized rates based on habits rather than broad demographic factors. The growth of ride-hailing and the eventual rise of autonomous vehicles present new challenges for liability and coverage, forcing insurers to innovate alongside automakers .
8. Supply Chain Disruptions and Resilience
Recent years have underscored the vulnerability of global automotive supply chains. Shortages of semiconductors, raw materials for batteries, and other critical components have disrupted production and delayed deliveries.
In response, automakers are working to localize supply chains, diversify sourcing, and invest in vertical integration. Battery factories are being built closer to key markets, and partnerships between automakers and tech firms are becoming more common. These measures aim to increase resilience and reduce reliance on any single country or supplier.
9. Environmental and Regulatory Pressures
Sustainability is no longer optional. Governments are tightening emissions standards and setting ambitious targets for EV adoption. Cities are introducing low-emission zones, and consumers are increasingly concerned with the environmental impact of their purchases.
Automakers are responding by committing to carbon-neutral operations, investing in renewable energy, and exploring recycling methods for batteries and other components. Regulations in Europe and the U.S. will continue to drive innovation and force companies to adapt quickly to avoid penalties .
10. Future Outlook
The automobile industry is at a crossroads, shaped by a convergence of technological, environmental, and economic forces. Electrification and battery innovation promise to redefine mobility, while digital transformation and autonomy push the boundaries of what vehicles can do. Global competition is intensifying, with China, India, and Mexico playing larger roles in production and sales.
At the same time, sustainability, safety, and resilience are guiding principles that will determine which companies thrive in the coming decade. For consumers, the future means greater choice—between EVs, hybrids, and alternative fuels—as well as more intelligent, connected, and personalized vehicles.
Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Automobile Industry. (See: https://www.plunkettresearch.com/industries/automobiles-trucks-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Automobile Industry. Gain vital insights that can help shape strategy for business development, product development and investments.
Key Features:
Business trends analysis
In-depth industry overview
Technology trends analysis
Forecasts
Spending, investment, and consumption discussions
In-depth industry statistics and metrics
Industry employment numbers
Additional Key Features Include:
Industry Glossary
Industry Contacts list, including Professional Societies and Industry Associations
Profiles of industry-leading companies
U.S. and Global Firms
Publicly held, Private and Subsidiaries
Executive Contacts
Revenues
For Public Companies: Detailed Financial Summaries
Statistical Tables
Key Questions Answered Include:
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Automobile Industry.
Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Automobile Industry
Major Trends Affecting the Automobile Industry
Automobile Industry Introduction
U.S. Auto Manufacturers Ford, Stellantis and GM Compete Head-On with Foreign Manufacturers
U.S. Electric Vehicle (EV) Subsidies Expired in 2025/U.S. Auto Manufacturers Change Strategies
Electric Cars (EVs) and Plug-in Hybrids (PHEVs) Spur Changes at Auto Makers
Major Technology Research in Batteries/Major Investments in Battery Factories and Power Storage
Natural Gas-Powered Vehicles Gain in Popularity/Long Term Potential Is Bright Thanks to Low Shale Gas Prices
Fuel Efficiency Continues to Improve
Ethanol Production Is Massive for Fuel Additives
Cellulosic Ethanol Makes Slow Commercial Progress
Fuel Cell and Hydrogen Power Research Continue/Fuel Cell Cars Enter Market
China Is the World’s Largest Auto Market/ Becomes a Major Auto Exporter and EV Supply Chain Player
India Has a Significant Automobile Market, with Great Long-Term Potential
Mexico Is a Leading Automotive Maker and Exporter
Focus on Safety Improvements by Automakers
Wireless Information Systems Surge Ahead in Vehicles: Telematics, Intelligent Transportation (ITS) and Real-Time Traffic Information
Insurance Underwriting Uses Artificial Intelligence (AI)/Policy Holders Allow Their Habits to Be Tracked for Lower Insurance Rates
Uber, Lyft and Didi Dominate the Car on Demand (Ride Hailing) Industry
Self-Driving, Autonomous Cars Receive Massive Investments in Research and Development Worldwide
Gig Economy and Self-Driving Cars Pose Insurance Challenges and Underwriting Opportunities
Plunkett Research Provides In-Depth Tables for the Following Automobile Industry Statistics
Automobile Industry Statistics and Market Size Overview
Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on Middle Market Companies. (See: https://www.plunkettresearch.com/industries/middle-market-companies-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
Plunkett’s Almanac of Middle Market Companies provides competitive intelligence, market research and business analysis–everything needed to identify and develop strategies for dealing with or selling to middle market U.S.-based corporations (those with $100 million to $1 billion in annual revenues). Gain vital insights that can help shape strategy for business development, product development and investments.
Key Features:
Business analysis
In-depth industry company overviews
Industry Glossary
Industry Contacts list, including Professional Societies and Industry Associations
Profiles of 500 industry-leading, U.S.-headquartered middle-market corporations
Publicly held, Private and Subsidiary Corporations
Executive Contacts
Financial Histories
Descriptions of Business
Gather Key Insights, Such As:
How is each industry evolving?
How is business being shaped by new technologies?
How is demand growing?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
Plunkett’s Almanac of Middle Market Companies and online Middle Market Industry Research Center are designed to be time-saving business development tools for professionals, marketers, sales directors, consultants, and strategists seeking to understand and reach middle market American companies. It will also be of great use to placement, recruiting and human resources professionals, as well as professionals working in economic development, lending, and media. This feature rich almanac includes:
Important Contacts for Middle Market Analysis & Marketing
Addresses, Telephone Numbers and Internet Sites
THE MIDDLE MARKET 500:
Who They Are and How They Were Chosen
Index of Companies Within Industry Groups
Alphabetical Index
Index of U.S. Headquarters Location by State
Individual Profiles on each of THE MIDDLE MARKET 500
Additional Indexes
Index of Firms Noted as Hot Spots for Advancement for Women/Minorities
Index of Subsidiaries, Brand Names and Selected Affiliations
Glossary of Useful Middle Market Terms The companies chosen to be listed in PLUNKETT’S ALMANAC OF MIDDLE MARKET COMPANIES comprise a unique list. THE MIDDLE MARKET 500 were chosen specifically to be top firms headquartered in the United States with revenues of between approximately $100 million and $1 billion. (We have intentionally included a few important companies with revenues above or below those amounts). The firms have been filtered from our extensive, proprietary corporate information database. The middle market companies chosen include both private and publicly held companies. They include most major industry sectors. The list is weighted towards fast-growing middle market sectors that we believe users will most want to analyze and/or market to: health products and services; biotech; energy; financial services including asset management, insurance and REITs; real estate development, construction and management; computer software; computer hardware and other electronics manufacturing; selected apparel firms; selected consulting, logistics and transportation firms; along with other important sectors.
The manufacturing, automation, and robotics industry is undergoing an unprecedented transformation. Global competition, rapid technological advancement, and shifting economic and geopolitical realities are creating both challenges and opportunities. From AI-driven robotics and global supply chain restructuring to the rise of electric vehicles and 3D printing, the pace of change is accelerating. Below is a detailed look at the most important trends shaping these industries today.
Plunkett’s Manufacturing, Automation, and Robotics Industry Industry eBook, latest edition.
1. Robotics and Factory Automation: Smarter, Faster, and More Flexible
Robotics adoption is expanding at a remarkable pace. The International Federation of Robotics projects that the global installed base of industrial robots will climb from 4.3 million in 2023 to 5.4 million by 2024. These robots are increasingly guided by artificial intelligence and advanced sensors, enabling them to handle complex tasks once considered out of reach for automation.
A particularly significant innovation is the rise of collaborative robots, or “cobots,” designed to work side by side with humans. Cobots improve workplace flexibility, increase safety, and allow companies to blend human creativity with machine precision. This hybrid model is helping firms of all sizes optimize operations without massive restructuring.
Meanwhile, Robots-as-a-Service (RaaS) models are making automation more accessible than ever. By renting robots for as little as $10 to $12 per hour, smaller companies and startups can integrate automation without heavy upfront investments, democratizing access to cutting-edge technology.
2. Service Robots Move Into the Mainstream
Beyond factories, service robots are becoming integral across industries. In warehousing and logistics, robots are streamlining fulfillment operations, with Amazon now approaching a one-to-one ratio of robots to employees in its distribution centers. These machines improve efficiency and reduce costs, while also addressing labor shortages.
In hospitals, robots are assisting with patient care, delivery of supplies, and sanitation. Hotels are deploying robots for check-in services, luggage delivery, and cleaning. Even agriculture is embracing robotic innovation, with dairy farms adopting automated milking systems that maximize output while reducing reliance on scarce labor.
Humanoid robots, once a futuristic concept, are making tangible progress. In 2025, China’s Tien Kung Ultra successfully completed a 13-mile course, demonstrating the potential of humanoid robots to navigate environments designed for humans. While still in early stages, these innovations foreshadow a world where humanoid designs play roles in healthcare, hospitality, and other service-driven sectors.
3. Global Supply Chains in Flux: Reshoring, Nearshoring, and Tariffs
Global supply chains are experiencing profound upheaval. Rising wages in China, demographic challenges such as a shrinking workforce, and disruptions from the pandemic have forced companies to rethink long-standing strategies. Many are shifting production to nations such as Vietnam, India, and Mexico.
Mexico, in particular, has emerged as a strong competitor, thanks to proximity to U.S. markets and the benefits of trade agreements like the USMCA. Nearshoring strategies are gaining momentum as companies seek greater resilience and reduced reliance on long-distance shipping.
At the same time, tariffs are reshaping trade flows. The U.S. has imposed levies on goods from the European Union, China, Mexico, and India. These measures increase costs but also encourage companies to explore local production options. Robotics, automation, and 3D printing are making such reshoring efforts more feasible, as they reduce labor intensity and bring flexibility to manufacturing.
4. Electric Vehicles: Promise and Reality
The automotive sector stands at the crossroads of innovation and economic challenge. The transition to electric vehicles (EVs) has been a major focus for automakers, but progress has been uneven. Despite heavy government subsidies and massive investment in charging infrastructure, consumer adoption has been slower than anticipated.
High vehicle costs, lengthy charging times, and expensive repairs remain major hurdles. As some subsidies expired in 2025, automakers like Ford and GM scaled back certain EV projects. Yet, the long-term outlook remains firmly electric, with automakers continuing to invest in battery manufacturing, retooling plants, and developing new EV models.
The EV market highlights the broader theme of disruption in manufacturing: rapid innovation, tempered by practical challenges and shifting consumer demand.
5. Advanced Manufacturing: AI, IoT, and 3D Printing
Looking ahead, advanced technologies will redefine the very concept of a factory. Artificial intelligence is increasingly being integrated into robotics, supply chain management, and predictive maintenance. By analyzing vast streams of data, AI enables smarter decision-making, reduces downtime, and improves efficiency.
The Internet of Things (IoT) is also transforming manufacturing. Connected sensors and devices allow real-time monitoring of production lines, quality control, and equipment health. By identifying issues before they escalate, IoT reduces waste and boosts productivity.
3D printing, or additive manufacturing, is becoming an essential tool for prototyping, small-batch production, and customization. Companies can rapidly design, test, and manufacture components without traditional tooling, accelerating product development cycles and reducing costs.
Together, AI, IoT, and 3D printing form the foundation of “smart factories” that are agile, data-driven, and resilient.
6. Workforce Transformation and Education
As automation and robotics proliferate, the workforce faces profound changes. Routine, repetitive tasks are increasingly handled by machines, while human workers are tasked with managing, programming, and maintaining automated systems. This transition underscores the importance of education and training.
Nations with strong education systems, research and development capacity, and highly skilled workforces are best positioned to benefit from the next wave of manufacturing innovation. Investment in STEM education, technical training, and reskilling programs will be critical to ensuring that workers can adapt to new technologies rather than be displaced by them.
7. Sustainability and the Push for Green Manufacturing
Environmental concerns are also shaping manufacturing strategies. From reducing energy consumption to cutting waste and lowering carbon emissions, sustainability is a priority across industries. Robotics and automation contribute to greener production by improving efficiency and reducing material waste.
Electric vehicles, renewable energy technologies, and sustainable materials are further aligning manufacturing with global climate goals. Companies that embrace sustainable practices are not only complying with regulations but also strengthening their reputations and appealing to environmentally conscious consumers.
8. The Future
The manufacturing, automation, and robotics industries are at the forefront of global transformation. Robotics and cobots are revolutionizing factory floors, service robots are reshaping everyday life, and supply chains are being reconfigured for resilience and proximity. Meanwhile, the automotive sector grapples with the challenges of electrification, and advanced technologies such as AI, IoT, and 3D printing are redefining what’s possible.
Key Concepts: Manufacturing, factories, robotics, factory automation, auto makers, China, machine tools, additive (3D) manufacturing, OEM – Original Equipment Manufacturing, ODM – Original design manufacturing, artificial intelligence (AI), tariffs
Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Manufacturing, Automation & Robotics Industry. (See: https://www.plunkettresearch.com/industries/manufacturing-automation-robotics-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Manufacturing, Automation & Robotics Industry. Gain vital insights that can help shape strategy for business development, product development and investments.
Key Features:
Business trends analysis
In-depth industry overview
Technology trends analysis
Forecasts
Spending, investment, and consumption discussions
In-depth industry statistics and metrics
Industry employment numbers
Additional Key Features Include:
Industry Glossary
Industry Contacts list, including Professional Societies and Industry Associations
Profiles of industry-leading companies
U.S. and Global Firms
Publicly held, Private and Subsidiaries
Executive Contacts
Revenues
For Public Companies: Detailed Financial Summaries
Statistical Tables
Key Questions Answered Include:
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Manufacturing, Automation & Robotics Industry.
Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Manufacturing, Automation & Robotics Industry
Major Trends Affecting the Manufacturing, Automation & Robotics Industry
Introduction to the Manufacturing, Automation & Robotics Industry
Industrial Robots and Factory Automation Advance Through Artificial Intelligence (AI)
Humanoid Robots/Service Robots Are Boosting Efficiencies in Warehouses and More
Tariffs Impact Manufacturing of All Types/Imports from the EU, China, Mexico and India Affected
U.S. Electric Vehicle (EV) Subsidies Expire in 2025/U.S. Auto Manufacturers Change Strategies
Global Growth in Manufacturing and Trade Require Investment by Emerging Nations
Introduction to the Outsourcing & Offshoring Industry
Pros and Cons of Outsourcing & Offshoring
Nearshoring and Reshoring Keep Operations Closer to Home
U.S. Apparel and Textile Jobs Reshore to Some Extent
Vietnam, India and Other Countries Gain Manufacturing Market Share/Tariffs Alter Market Significantly
The Vast Majority of Shoes Sold in the U.S. Are Made Elsewhere
3-D Printing and Robotics Revolutionize Manufacture of Shoes and Fabrics
Original Design Manufacturing (ODM) Adds Value to Contract Electronics Manufacturing
Trends in Manufacturing, such as Original Design Manufacturers (ODMs), Lead to Collaboration and Consulting-Like Services
3D Printing (Additive Manufacturing), Rapid Prototyping and Computer Aided Design
3PL Logistics Services and Supply Chain Management Services Evolve and Consolidate
Manufacturers Focus on High Performance Plastics and Specialty Chemicals
Refineries Along with Chemicals and Plastics Plants Expand in the U.S.
Telecom Equipment Makers Face Intense Competition from Manufacturers in China
Boeing and Airbus Compete for New Orders
U.S. Auto Manufacturers Ford, Stellantis and GM Compete Head-On with Foreign Manufacturers
India Has a Significant Automobile Market, with Great Long-Term Potential
Mexico Is a Leading Automotive Maker and Exporter
Designers and Manufacturers Bypass the Middleman with Direct-to-Consumer Online Business Models
Artificial Intelligence (AI), Deep Learning and Machine Learning Advance into Commercial Applications, Including Health Care and Robotics
The Internet of Things (IoT) in Factories, Robotics and Equipment
Health Care Robotics
Robotics in Retailing and Ecommerce Fulfillment
Plunkett Research Provides In-Depth Tables for the Following Manufacturing, Automation & Robotics Industry Statistics
I. Overview of the Manufacturing, Automation & Robotics Industry
Manufacturing, Automation & Robotics Industry Statistics and Market Size Overview
Sales & Net Income After-Tax, U.S. Manufacturing Corporations: 2014- 1st Quarter 2025
Sales & Operating Profits, U.S. Manufacturing Corporations, by Industry: 1st Quarter 2024- 1st Quarter 2025
II. Output & Employment
Value Added to U.S. Economy by Manufacturing Sector, as a Percentage of GDP: 1997-2024
Employment in the U.S. Manufacturing Sector, as a Percentage of all Private Industry Employment: 1950 – July 2025
Employment in the U.S. Manufacturing Sector, by Industry: 2019 – July 2025
Manufacturing Output vs. Employment, U.S.: 1980- June 2025
Gross Output in the Wood & Nonmetallic Mineral Products Manufacturing Industries: Selected Years, 2018-2023
Gross Output in the Primary Metals & Fabricated Metal Products Manufacturing Industries: Selected Years, 2018-2023
Gross Output in the Machinery Manufacturing Industry, U.S.: Selected Years, 2018-2023
Gross Output in the Computer & Electronic Product Manufacturing Industries: Selected Years, 2018-2023
Gross Output in the Electrical Equipment, Appliances & Components Manufacturing Industries: Selected Years, 2018-2023
Gross Output in the Motor Vehicles & Transportation Equipment Manufacturing Industries: Selected Years, 2017-2023
Gross Output in the Food, Beverage & Tobacco Product Manufacturing Industries, U.S.: Selected Years, 2018-2023
Gross Output in the Textile & Apparel Manufacturing Industries, U.S.: Selected Years, 2018-2023
Gross Output in the Chemicals, Plastics & Rubber Products Manufacturing Industries, U.S.: Selected Years, 2018-2023
III. Shipments
Annual Value of Manufacturers’ Shipments for Industry Groups, U.S.: 2018-2024
IV. Exports
Value of Exports of All Manufactured Goods, U.S.: 2018 – 2024
The global travel and tourism industry, which supports more than 357 million jobs worldwide, is in the midst of profound change. Airlines, hotels, and related travel sectors are reinventing themselves in response to shifting demographics, disruptive technologies, and evolving consumer expectations. From new business models and sustainability initiatives to luxury expansion and the sharing economy, this industry is both adapting to and shaping the way the world moves.
Even more information on this industry is available! Check out our Travel Industry Center.
Plunkett’s Airline, Hotel & Travel Industry eBook, latest edition.
1. Airlines: Competition, Strategy Shifts, and the Future of Flight
Few industries are as competitive—or as fast-changing—as airlines. Once clear distinctions between discount and legacy carriers have blurred. Southwest, Ryanair, and JetBlue, once known for bare-bones service, now offer Wi-Fi, premium seating, and international routes. Meanwhile, legacy giants like American and Delta have embraced “basic economy” fares to stay competitive.
Revenue strategies have shifted dramatically. Fees for baggage, seat upgrades, and early boarding have become a cornerstone of profitability. Even Southwest, long famous for “bags fly free,” abandoned that policy in 2025, joining rivals in unbundling services.
At the higher end, airlines are heavily investing in business and premium economy cabins, which strike a balance between cost and comfort. Lay-flat seats, better meals, and private suites are now key revenue drivers. At the extreme luxury end, airlines like Emirates and Etihad are offering three-room in-flight “residences,” complete with private butlers.
The private jet sector is also booming, with companies like NetJets, Flexjet, and startups like JSX offering fractional ownership, membership models, and semi-private flights. This evolution mirrors broader consumer demand for flexibility and exclusivity.
Aircraft technology is another major driver of change. Boeing and Airbus continue their rivalry with updated, fuel-efficient designs like the 787 Dreamliner and A350 XWB, while newer models such as Airbus’s A321XLR are reshaping long-haul narrowbody travel. Emerging players like China’s COMAC with its C919 add further competition. Research into hydrogen and electric-powered planes is also advancing rapidly, with startups like ZeroAvia and Eviation testing alternative propulsion systems. Meanwhile, supersonic travel may return with ventures like Boom’s Overture, backed by American and United Airlines, aiming for commercial flights by the late 2020s.
2. Hotels: From Luxury Expansion to Micro-Rooms and Personalization
The hotel sector is adapting to consumer demand at both extremes: ultra-luxury expansion and budget-friendly micro stays. Global luxury giants like Ritz-Carlton, Shangri-La, and Rosewood are opening new flagship properties worldwide, targeting affluent travelers seeking personalized experiences. At the same time, pod hotels and extended-stay brands are thriving, catering to younger, cost-conscious travelers and business professionals needing long-term accommodations.
Millennials and Gen Z are redefining expectations. They want localized, authentic stays that blend seamlessly with their destinations—farm-to-table dining, boutique cultural experiences, and properties that reflect local flavor. Social media is a powerful driver, with hotels now designing “Instagrammable” spaces and experiences.
Lifestyle branding is another growing trend. Chains such as Marriott’s Moxy and Hilton’s Tru target younger travelers with affordable rooms, hip communal spaces, and digital-first services. Fitness-focused rooms, “poshtels” (upscale hostels), and dog-friendly properties are carving out strong niches.
Technology also plays a pivotal role. Loyalty programs tied to direct booking apps offer perks like mobile check-in, digital room keys, and personalized promotions. This not only boosts guest satisfaction but also helps hotels compete with online travel agencies (OTAs), which continue to capture significant booking market share.
3. Cruises, Rail, and Experiential Travel
Cruising is experiencing a boom at both ends of the spectrum. Mega-ships like Royal Caribbean’s Icon of the Seas cater to families with all-inclusive packages and theme-park-like amenities, while luxury small ships and river cruises appeal to travelers seeking exclusivity, intimacy, and cultural immersion.
Sustainability is now a defining issue for cruise lines. Operators are experimenting with biofuels, advanced waste systems, and ship designs that minimize environmental impact. Demand in China also represents a massive growth opportunity, with new domestically built ships entering service.
Beyond cruises, experiential and sustainable travel has surged in popularity. Ecotourism, adventure trips, and “social impact travel” (volunteer-oriented vacations) are gaining traction among Millennials, Gen Z, and affluent Boomers alike. Certification programs such as Green Globe and EarthCheck are setting standards for eco-friendly properties and destinations.
Rail is also reasserting itself as an alternative to air travel. China and Europe lead in high-speed networks, with Maglev and other advanced technologies cutting travel times dramatically. In the U.S., progress has been slower, though private projects like Brightline in Florida and the proposed Brightline West between Los Angeles and Las Vegas show promise.
4. Demographics, Technology, and the Future of Travel
Demographic shifts will reshape demand. Aging Baby Boomers, many of whom are affluent and health-conscious, are fueling growth in activity-based travel such as hiking, cycling, and pickleball tours. They want immersive experiences, cultural engagement, and wellness-oriented itineraries. Meanwhile, Millennials and Gen Z value affordability, authenticity, and eco-consciousness, often blending leisure with philanthropy or community involvement.
Technology continues to transform travel at every level. Artificial intelligence is being deployed for personalized recommendations, dynamic pricing, and operational efficiency. Smartphones are central to the guest experience, enabling touchless services across airlines, hotels, and cruises. Biometric screening, RFID-enabled luggage, and AI-driven security systems promise safer and more efficient travel.
Finally, the sharing economy, led by platforms like Airbnb and Vrbo, remains a disruptive force. These platforms appeal to travelers seeking more space, affordability, or unique local stays. In response, major hotel brands are experimenting with hybrid models, launching their own vacation rental platforms to stay competitive.
5. Future Outlook
The travel industry is a “bubbling cauldron of change.” Airlines are redefining competition through pricing strategies, new aircraft, and sustainability initiatives. Hotels are innovating at both luxury and budget levels, driven by changing consumer values and technological integration. Cruises and experiential travel are thriving, fueled by a desire for both convenience and deeper connections. And across all sectors, demographics and technology are pushing companies to innovate faster than ever before.
What emerges is a more dynamic, personalized, and sustainability-conscious industry. For travelers, this means more choices, richer experiences, and new ways to see the world. For the industry, it means relentless reinvention is no longer optional—it’s the path to survival and success.
Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Airline, Hotel & Travel Industry. (See: https://www.plunkettresearch.com/industries/travel-tourism-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Airline, Hotel & Travel Industry. Gain vital insights that can help shape strategy for business development, product development and investments.
Key Features:
Business trends analysis
In-depth industry overview
Technology trends analysis
Forecasts
Spending, investment, and consumption discussions
In-depth industry statistics and metrics
Industry employment numbers
Additional Key Features Include:
Industry Glossary
Industry Contacts list, including Professional Societies and Industry Associations
Profiles of industry-leading companies
U.S. and Global Firms
Publicly held, Private and Subsidiaries
Executive Contacts
Revenues
For Public Companies: Detailed Financial Summaries
Statistical Tables
Key Questions Answered Include:
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Airline, Hotel & Travel Industry.
Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Airline, Hotel & Travel Industry
Major Trends Affecting the Airline, Hotel & Travel Industry
Introduction to the Travel Industry
Discount Airlines Compete with Legacy Airlines, but the Differences Are Beginning to Blur
Major Airlines Change Strategy, Charge Fees
Business Class/Premium Economy Are Big Money Makers
Private Jet Sharing and Rentals Are Big Business/Semi-Private Airlines Compete
Boeing and Airbus Compete for New Orders
New Aircraft Designs Offer Greater Passenger Comfort/More Efficient Engines
Supersonic Jets Fly Again
Hydrogen and Electric Powered Airplanes Are Under Research and Development
Airports Expand
China Makes Immense Investments in Railroads, Highways, Airports & Silk Road
Online Travel Agencies (OTAs)/Hotels Fight to Keep Control of the Customer
Ecotourism, Sustainable Tourism, Adventure Tourism and Volunteerism Gained Popularity as Certification Standards Are Set
Luxury Hotel Chains Expanded Globally
What Millennials and Mobile-Savvy Consumers Want as Tourists and Travelers
Hotels Target Young Customers with Strategies Ranging from Micro Rooms and Hostels, to Hip Hotels that Encourage Mingling to Fitness Options
Localization Drives Hotel Features, Marketing
Dog-Friendly Hotels Will Gain Market Share
Sharing Economy Gains Market Share in Travel with Online Sites Like Airbnb, Vrbo and Many Global Competitors
Cruise Industry Enjoys High Occupancy and Launches New Ships
Small Cruise Ships Feature Adventure, Luxury, Intimacy or Access to More Places
River Cruise Lines Reap the Benefits of Low Capital Investment and High Fares
Chinese Tourists Create Growth Opportunities for the Cruise and Hotel Industries
New Technologies Show Promise for Port and Airport Security
High Speed Passenger Trains, Including Maglev, Advance in China and Europe
U.S. Passenger Train Projects Receive Funding, Including Light Rail and All Aboard Florida
Aging Baby Boomers Will Cause Significant Changes in the Leisure Sector, Including Sports and Activity-Based Travel
The Future of Travel
Plunkett Research Provides In-Depth Tables for the Following Airline, Hotel & Travel Industry Statistics
Airline, Hotel & Travel Industry Statistics and Market Size Overview
Air Carrier Traffic Statistics, U.S.: 2000 – April 2025
Consolidation in U.S. Airlines
U.S. Airline Passenger Activity: 2010-2045
Top Regions of U.S. Residents Traveling Abroad (Outbound): 2023-2024
Top 10 U.S. Airlines & Airports Ranked by 2025 System Scheduled Enplanements
Cruise Line Industry Overview, U.S.: 2016-2024
Estimated U.S. Hotel & Accommodations Sector Quarterly Revenues: 2023-1st Quarter 2025
Employment in the Airline, Hotel & Travel Industry, U.S.: 2019 – June 2025
Quarterly U.S. Scheduled Service Passenger Airlines Financial Reports: 1st Quarter 2024-1st Quarter 2025
Total Scheduled U.S. International Passenger Traffic, U.S. Commercial Air Carriers: 2010-2045
The biotechnology, pharmaceuticals, and genetics industry is undergoing seismic changes driven by rapid scientific breakthroughs, evolving healthcare needs, and global competition. From affordable DNA sequencing to gene therapies and artificial intelligence-driven drug discovery, these shifts are transforming how diseases are understood, treated, and even prevented. Below, we explore the most important trends shaping the future of these interconnected sectors.
Plunkett’s Biotechnology, Pharmaceuticals & Genetics Industry eBook, latest edition.
1. Personalized Medicine and the Era of Affordable DNA Sequencing
One of the most transformative shifts is the dramatic fall in the cost of DNA sequencing. Once a billion-dollar endeavor, sequencing an individual genome today can cost just a few hundred dollars. This democratization of genomic data is unlocking the potential of personalized medicine, where treatments can be tailored to each patient’s genetic profile.
Cancer therapies are already benefiting: genetic testing helps determine which patients will respond best to drugs like Herceptin or Keytruda, improving outcomes while reducing side effects and costs. As next-generation sequencing technologies become mainstream, physicians will increasingly use genetic insights to guide therapy decisions across multiple disease categories.
2. Gene Therapy and the CRISPR Revolution
Perhaps no innovation has generated more excitement than gene therapy and CRISPR gene editing. Gene therapies, which replace or repair defective genes, are now commercially viable, with multi-million-dollar treatments approved for conditions like hemophilia and muscular dystrophy.
CRISPR, first demonstrated in 2012, enables scientists to “edit” DNA with remarkable precision. Its applications are vast: from correcting genetic defects in humans to engineering drought-resistant crops. Recent approvals of CRISPR-based therapies for sickle cell disease signal the dawn of a new era where genetic disorders may be cured rather than managed.
3. Artificial Intelligence Accelerates Drug Discovery
Drug discovery has traditionally been costly and time-intensive, often requiring more than a decade and billions of dollars to bring a single therapy to market. Artificial Intelligence (AI) is reshaping this paradigm. By analyzing vast datasets, simulating outcomes, and identifying promising compounds, AI can dramatically shorten the development cycle.
During the COVID-19 pandemic, AI tools helped researchers identify drug candidates and accelerate vaccine development. Startups like Atomwise and Deep Genomics, alongside tech giants such as Google DeepMind, are pioneering the use of neural networks and predictive models in pharmaceutical R&D. The future promises not only faster development but also a surge in drug repurposing, where existing medications are used for new conditions.
4. Revolutionary New Drugs for Obesity and Beyond
Obesity has long been a major public health crisis, but a new generation of drugs is changing the game. GLP-1 receptor agonists such as Wegovy, Ozempic, and Zepbound are showing remarkable efficacy in reducing weight and improving outcomes for type 2 diabetes.
The implications go beyond obesity: these drugs are being studied for their potential in treating cardiovascular disease, Parkinson’s, and even addiction. Analysts predict that GLP-1 drugs could become some of the most lucrative therapies in pharmaceutical history, with ripple effects in lowering obesity-related healthcare costs worldwide.
5. Rising Drug Prices and Global Tensions
While innovation flourishes, drug affordability remains a pressing issue. The U.S. consistently pays far higher prices for drugs compared to other nations, sparking debates over fairness and sustainability. In response, the federal government has granted Medicare new powers to negotiate drug prices, a landmark shift in U.S. healthcare policy.
Globally, pharmaceutical spending already exceeds $1.8 trillion and is projected to grow sharply as populations age and demand for advanced therapies rises. The tension between innovation costs and patient access is set to remain one of the industry’s greatest challenges.
6. Regenerative Medicine and 3D Printing
Stem cell research and 3D bioprinting represent a bold frontier in regenerative medicine. Early trials using stem cells to regenerate tissues such as cartilage and heart muscle show extraordinary promise. Meanwhile, 3D bioprinting technologies are enabling the creation of living tissues and, in the future, may lead to fully functional lab-grown organs.
Although still in its infancy, the potential is staggering: engineered tissues could replace damaged organs, reduce reliance on transplants, and even help reverse the effects of aging-related diseases.
7. Agricultural Biotechnology and Food Innovation
Beyond healthcare, biotechnology is reshaping food production. Genetically modified (GM) crops are widely planted around the world, offering higher yields and disease resistance. CRISPR gene-editing is emerging as an alternative to traditional GMOs, avoiding some regulatory hurdles while delivering similar benefits.
The push for plant-based and lab-grown meats is also gaining traction, though consumer adoption has been uneven. As the global population approaches 10 billion by 2050, biotechnology will play a crucial role in ensuring food security while reducing environmental impacts.
8. Cancer Therapies and Immunotherapy
Cancer treatment is being transformed by immunotherapies such as checkpoint inhibitors, CAR-T cell therapies, and antibody-drug conjugates (ADCs). These approaches harness the immune system to selectively attack cancer cells, offering higher efficacy and fewer side effects compared to traditional chemotherapy.
For example, CAR-T therapies involve re-engineering a patient’s T-cells to recognize and destroy malignant cells, often achieving remission in patients unresponsive to other treatments. While expensive, these therapies are paving the way for highly personalized, precision oncology.
9. The Bioindustrial Era on the Horizon
The convergence of biotechnology with nanotechnology and information science is ushering in a bioindustrial era. Innovations like synthetic biology, algae-based fuels, and enzyme-driven manufacturing could reshape industries beyond healthcare—reducing carbon footprints, creating sustainable materials, and boosting agricultural yields.
Companies such as DuPont and startups in synthetic biology are investing heavily in this vision, betting that biology-based solutions will replace traditional chemical and industrial processes in the near future.
10. The Future
The biotechnology, pharmaceuticals, and genetics industries are at an inflection point. Personalized medicine, CRISPR, AI-driven drug discovery, obesity drugs, regenerative medicine, and food biotech represent powerful forces for human health and well-being. Yet these advances come with challenges: skyrocketing costs, ethical dilemmas, global competition, and questions about access and privacy.
The next decade promises to be one of the most transformative in medical and biotech history, defining not only how we treat disease but also how we live, eat, and thrive in a rapidly changing world.
Plunkett Research, Ltd., a Houston, Texas-based market research firm, has completed its latest research on the Biotech, Pharmaceuticals & Genetics Industry. (See: https://www.plunkettresearch.com/industries/biotech-pharmaceuticals-genetics-market-research/). This revised and updated data is part of our massive Plunkett Research Online subscription service, where we continuously monitor the world’s 40 most vital business sectors, including such industries as retailing, artificial intelligence, health care, sports/recreation and much, much more. Our analysts and market research continually monitor the world’s leading industries and companies and post thorough updates yearly.
Key Findings:
A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms within the Biotech, Pharmaceuticals & Genetics Industry. Gain vital insights that can help shape strategy for business development, product development and investments.
Key Features:
Business trends analysis
In-depth industry overview
Technology trends analysis
Forecasts
Spending, investment, and consumption discussions
In-depth industry statistics and metrics
Industry employment numbers
Additional Key Features Include:
Industry Glossary
Industry Contacts list, including Professional Societies and Industry Associations
Profiles of industry-leading companies
U.S. and Global Firms
Publicly held, Private and Subsidiaries
Executive Contacts
Revenues
For Public Companies: Detailed Financial Summaries
Statistical Tables
Key Questions Answered Include:
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
This feature-rich report covers competitive intelligence, market research and business analysis—everything you need to know about the Biotech, Pharmaceuticals & Genetics Industry.
Plunkett Research Provides Unique Analysis of the Following Major Trends Affecting the Biotech, Pharmaceuticals & Genetics Industry
Major Trends Affecting the Biotech, Pharmaceuticals & Genetics Industry
The State of the Biotechnology Industry Today
A Short History of Biotechnology
Fast Track Drugs Come to Market in the U.S. with FDA Cooperation
Ethanol Production Is Massive for Fuel Additives
Cellulosic Ethanol Makes Slow Commercial Progress
Major Drug Companies Acquire or Partner With Smaller Biotech Firms
Pharmaceutical R&D Improves with Artificial Intelligence (AI)
Nations Compete Fiercely in Biotech Development
Patients’ Genetic Profiles Plummet in Price as DNA Sequencing Technologies Advance
Gene Therapies Target Defective Genes/CRISPR Advances DNA Editing
Vaccines & Viruses as Therapies/mRNA Shows Great Promise
Massive R&D Investment Required for Development and Approval of New Drugs/Drug Prices Soar
Generic Drugs Have Biggest Market Share by Unit Volume, but not by Total Revenues
America Pays Higher Prices for Drugs Than Other Nations/U.S. Government Launches Drug Price Negotiation and Control Powers for Medicare
Biotech and Orphan Drugs Create New Revenues for Drug Firms
Revolutionary New Drugs (Zepbound, Wegovy and Ozempic) Treat Obesity, Diabetes and Addiction/Show Promise for Treating Many Other Diseases
Biosimilars (Generic Biotech Drugs) Receive FDA Guidelines for Accelerated Approval/Competition Will Be Fierce
Market for CBD Remains Steady
Stem Cells and 3-D Printing—A New Era of Tissue Replacement Takes Shape
Genetically Modified (GM) Seeds and Crops Planted in Dozens of Nations/Agribio R&D Investment Is High
Genetically Modified (GM) Foods Prompt Controversy, Labeling and Legislation
Plant-Based Meat Substitutes Developed
Selective Plant Breeding, Mutagenesis and Gene-Editing, Including CRISPR, as Alternatives to GM Seeds
Immunotherapy, ADCs and CAR-T Create Exciting New Approach to Fighting Cancers
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