This Class consists of units mainly engaged in manufacturing automotive electrical components and automotive air conditioners and instruments.
The Industry C2813 - Automotive Electrical and Instrument Manufacturing in Australia ranks 213 out of 496 by industry turnover and its life cycle is in a mature phase, which means that the industry is generally growing at at the same rate as the economy.
Capital/labour intensity is medium and the uptake of new technology is medium. The industry's globalisation level is medium and the trend is increasing.
The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a high level of imports, which means imports generate more than 25% of the industry's domestic demand.
The trend for exports is decreasing and for imports it's steady. The level of regulation is light and steady and government assistance is high and decreasing.
This industry is forecast to have a moderate average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report!