3 November 2015
MAJOR STUDY EVALUATES INTERNATIONAL SUPPLY AND DEMAND OF AUTOMOTIVE ENGINEERS AHEAD OF INDUSTRY TALKS
- Report predicts Europe will account for nearly half of global mechanical engineers by 2020
- Half of global automotive work force will be in APAC countries by 2025
- 'Evolving automotive landscape means an increase in demand for a new breed of engineering graduates, with electronic and IT-based skills
FISITA, the international organisation for automotive engineers, has today released findings of a major study it commissioned, to evaluate the current and future international automotive engineering landscape.
‘The International Supply and Demand of Automotive Engineers’ study, carried out by consulting firm Frost & Sullivan, shows that whilst there is no shortage of trained mechanical engineers coming through the academic system on a global basis, there are shortfalls in other disciplines and variances in the quality and equivalency of qualifications, and the range of skill-sets being made available to the OEM’s.
The study suggests that under supply and saturation combined can lead to the movement of engineers to address any localised imbalance, and proposes that focus on long-term qualification and work experience equivalency could move some way in mitigating this position.
“Our report for FISITA suggests that while Europe will account for nearly half of global mechanical engineers by 2020, half of the global automotive engineer workforce will be located in APAC countries by 2025.” said Catherine Hutt, Principle Consultant, from Frost & Sullivan “We need to develop methods of attracting, teaching and engaging employees in a different way, and to maximize engineering potential globally.”
Chris Mason, CEO of FISITA, said: “The insight from the study will now be used to support an internal discussion with our members who represent and employ over 210,000 engineers in 37 countries.
We will hold constructive discussions to allow the FISITA community to engage in solution mode and establish long term plans to address any working practices that this report has uncovered, as our members see fit.
As our industry continues to evolve, so does the demand on the engineering expertise that creates our future technologies, our role is to actively support our members and stakeholders to evaluate risk and develop plans to safeguard and future-proof the industry.”
According to the report, 90 per cent of new cars will be ‘connected’ by 2020. This combined with the rise of alternatively fueled vehicles and the increase in autonomous driver support will mean a rise in demand for a new breed of engineering graduates, with electronic and IT-based skills, who will help shape and deliver against the future market requirements.
Commenting on the study FISITA President, Paul Mascarenas OBE said “Industry and academia should continue to build strategic links and invest in long term plans on a global basis, in order to attract the best talent to the automotive sector and to meet demand in terms of geography and workforce readiness.”
The full version of the study report can be downloaded here: http://www.fisita.com/media/FISITA_International_Supply_and_Demand_of_Automotive_Engineers_-_Full_report.pdf
The executive summary of the study report can be downloaded here: http://www.fisita.com/media/FISITA_International_Supply_and_Demand_of_Automotive_Engineers_-_Executive_Summary.pdf
If you wish to comment on this study report, please do so via direct email to FISITA CEO, Chris Mason via email@example.com