The global auto industry experienced a 63% drop in new job postings related to batteries in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 47% decrease versus Q2 2022. GlobalData’s Batteries – Thematic Research report provides an overview of the batteries market in terms of market size and expected growth up to 2030, its potential impact on different sectors, key alternative batteries and the competitive landscape. Buy the report here.
Notably, Installation, Maintenance, and Repair Occupations jobs accounted for a 28% share of the global auto industry’s batteries-related total new job postings in Q2 2023, down 64% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive batteries-related hiring activity
Installation, Maintenance, and Repair Occupations, with a share of 28%, emerged as the top batteries-related job roles within the auto industry in Q2 2023, with new job postings drop by 64% quarter-on-quarter. Sales and Related Occupations came in second with a share of 8% in Q2 2023, with new job postings dropping by 93% over the previous quarter.
The other prominent batteries roles include Architecture and Engineering Occupations with an 8% share in Q2 2023, Production Occupations with a 5% share of new job postings.
Top five companies in auto industry accounted for 54% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were Bridgestone, Monro, Advance Auto Parts, Tesla, and TBC. Together they accounted for a combined share of 54% of all batteries-related new jobs in the auto industry.
Bridgestone posted 1,744 batteries-related new jobs in Q2 2023, Monro 1,152 jobs, Advance Auto Parts 544 jobs, Tesla 448 jobs, and TBC 404 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 77.85% share of total new job postings, Q2 2023
The largest share of batteries-related new job postings in the auto industry in Q2 2023 was in the US with 77.85% followed by Germany (3.84%) and India (3.35%). The share represented by the US was 14 percentage points lower than the 91.48% share it accounted for in Q1 2023.
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