The analysis of the global total internal R&D personnel in the manufacture of basic iron and steel, and casting of iron and steel reveals significant disparities. China dominates with 99.92 thousand FTEs, showing a strong 4.92% increase from 2023. Japan and South Korea follow, with 6.28 and 3.4 thousand FTEs respectively. Notable growth is seen in Italy (3.18%) and Poland (4.59%), while Canada (-6.85%) and Spain (-1.17%) experienced declines. The United Kingdom, Germany, and Taiwan showed marginal growth. Smaller players like New Zealand displayed the highest percentage surge, at 29.1%.
Future trends to watch include:
- An increase in China's dominance in R&D personnel, given its substantial growth and investment strategy.
- Potential recovery in countries with declining numbers, such as Canada and Spain, through innovation and technological advancements.
- Emerging importance of countries like Italy and Poland, which are on a positive growth trajectory.
- Adoption of advanced technologies could influence personnel needs and distribution globally.
Top countries in Total Internal R&D Personnel in Manufacture of Basic Iron and Steel; Casting of Iron and Steel. By Country
| # | 10 Countries | Units (Full-Time Equivalent) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 99,920 | 2023 | +4.39% | +4.92% | View data |
| 2 | 2 Japan | 6,280 | 2023 | -0.22% | -1.38% | View data |
| 3 | 3 South Korea | 3,400 | 2023 | +2.27% | +2.25% | View data |
| 4 | 4 Germany | 2,740 | 2023 | +0.66% | +0.66% | View data |
| 5 | 5 Italy | 1,250 | 2023 | +1.89% | +3.18% | View data |
| 6 | 6 United Kingdom | 897.2 | 2023 | +2.21% | +0.69% | View data |
| 7 | 7 Taiwan | 732.66 | 2023 | +1.33% | +0.72% | View data |
| 8 | 8 Poland | 473 | 2023 | +4.88% | +4.59% | View data |
| 9 | 9 Spain | 413.98 | 2023 | -0.51% | -1.17% | View data |
| 10 | 10 Canada | 115 | 2023 | -8.73% | -6.85% | View data |
