The manufacturing environment in the world in 2024 will be characterised by a heterogeneous group of nations that have dominant positions in different industry areas.

These countries have become the leading industrial powerhouses, driving global output and influencing the nature of international commerce.

This is a summary of the top 10 manufacturing nations according to SafeGuard Global’s ranking, based on their percentage of the world’s manufacturing output.

1. China
   With an astounding 31.6% share of global manufacturing production, China remains the world leader in this sector. China’s vast industrial base, which produces everything from heavy machinery and automotive components to electronics and textiles, is the main source of its domination. The nation’s substantial investments in infrastructural expansion, automation, and technical developments have solidified its standing as the global centre of manufacturing. China’s continued transition to high-tech and environmentally friendly manufacturing techniques looks to maintain its position as the industry leader.

2. The US
   With 15.9% of the world’s manufacturing output, the United States comes in second. The United States of America is renowned for its cutting-edge technology and inventiveness, and it leads high-value sectors including electronics, aerospace, and medicines. The U.S. manufacturing sector has been strengthened, maintaining its crucial role in the global economy, thanks to the comeback of reshoring and large investments in smart manufacturing technologies.

3. Japan
   Japan Produces 6.5% of the World’s Manufacturing Japan comes in third place with a 6.5% production share worldwide. Japan, which is well-known for its innovative technology and precision engineering, is still at the forefront of the electronics, automotive, and robotics industries. The nation’s considerable worldwide presence is still fuelled by its emphasis on incorporating robotics and artificial intelligence into manufacturing processes, as well as its dedication to efficiency and quality.
4. Germany

At 4.8% of the world’s manufacturing output, Germany comes in fourth. Germany is a global leader in engineering and superior manufacturing, with a focus on the automotive, machinery, and industrial equipment industries. The nation’s focus on sustainable manufacturing methods and Industry 4.0 technologies highlights its continued power in the international market.

India, fifth
India comes in fifth place with a 2.9% production share worldwide. The country’s enormous labour pool and growing industrial capabilities have propelled the manufacturing sector’s significant rise. India is becoming a major participant in sectors including electronics, automotive parts, and textiles thanks to its emphasis on technology, infrastructural development, and government programs to promote manufacturing.

6. Korea

Ranking sixth, South Korea produces 2.7% of the world’s manufactured goods. The high technology and creativity of the nation, especially in the electronics, semiconductor, and automotive industries, are its greatest assets. South Korea’s important position in global manufacturing is bolstered by its highly qualified workforce and substantial investments in research & development.

7. Russia
   Russia comes in seventh place with 1.8% of the world’s industrial output. The manufacturing industry of the nation is broad and includes sectors like energy resources, defence equipment, and heavy machinery. Russia’s attempts to modernise its industrial base and abundance of natural resources assist the country’s manufacturing expansion.

8. Italy
   Italy comes in ninth on the list with a 1.8% proportion of the world’s manufacturing output. Italy is renowned for producing high-quality machinery, clothes, and automobiles. Its industrial industry gains from this emphasis on design and craftsmanship. The nation’s performance in the international market is still fuelled by its emphasis on innovation and sustainability.
9. Mexico

Mexico comes in at number nine, making up 1.7% of the world’s industrial output. The nation’s manufacturing capabilities are enhanced by its advantageous location, affordable labour, and expanding industrial base in industries including consumer products, electronics, and automobiles. Mexico’s increasing significance is bolstered by its efforts to modernise its manufacturing sector and its involvement in international trade accords.

10. The French
    France, with a 1.6% share of world manufacturing production, completes the top ten. The nation is renowned for its cutting-edge sectors, which include the automotive, pharmaceutical, and aerospace industries. France is a major manufacturing actor on the global stage thanks to its strong industrial base and dedication to innovation.