A report published by The Society of Motor Manufacturers and Traders (SMMT) signals the significant growth and technical advancement of the automotive industry in the UK by 2025 and beyond, which will see the creation of an estimated 28,000 new jobs within the industry’s supply chain.
With a projected move towards the use of autonomous technology, the UK automotive industry is set to create substantial opportunities for British component manufacturers. Hayakawa, a leading manufacturer of wire harness and cabling solutions for the automotive industry, is already implementing a number of initiatives that will meet this potential increase in demand. With new technologies emerging over the next five to ten years, manufacturing requirements are being reviewed to ensure the company can respond proactivity with innovative solutions that meet the needs of the industry’s latest technological advancements.
Having undergone a challenging recovery post recession, the automotive industry is set to strengthen its economic position significantly over the next ten years. With greater opportunities emerging for the entire supply chain, Hayakawa’s UK-based manufacturing facility is well placed to respond to the industry’s changing needs.