Yes, Auto Parts OEM is a good career path because it plays an important role in the manufacturing and maintenance of vehicles, and increasing demand for automotive products. It also offers many career opportunities, ranging from design and development to manufacturing and distribution. Currently, about 2.2 million people are working in this sector, and it will produce more employment opportunities in the next 10 years.
What is Auto Parts OEM?
Auto Parts OEM (Original Equipment Manufacturer) is the process of manufacturing automotive components and parts. They supply them directly to automobile manufacturers for new vehicles designed according to the necessary specifications and standards. This sector produces engines, transmissions, brakes, suspension systems, electrical systems, and more. They are all essential to keeping automobile products running effectively.
How big is the Auto Parts OEM industry?
The Auto Parts OEM sector is one of the biggest contributors to the global market, and its market is very large. According to a report by Grand View Research, the global automotive OEM market was valued at $381.7 billion in 2020 and will grow at a compound annual growth rate of 3.5% from 2021 to 2028. The growth is driven by the increase in demand for automobiles globally.
Why is Auto Parts OEM a Good Career Path?
Auto Parts OEM offers opportunities for its employees to work with modern technology and develop innovative products. Working in this sector also exposes one to new cultures and opportunities for personal and professional growth. The industry also offers good compensation packages, benefits, and opportunities for advancement, which makes it an attractive career option.
Advantages of Choosing a Career in Auto Parts OEM
If you have an interest in working with cars and in engineering or manufacturing, a career in Auto Parts OEM will be perfect for you.
5 advantages of choosing a career in Auto Parts OEM include:
1. Job stability
The automotive industry is always evolving, which causes a demand for Auto Parts OEMs. As long as cars are running on the road, there will be a demand for parts to maintain them.
2. Growth opportunities
Due to technological advancement, Auto Parts OEMs are always improving their products to keep up. This is why the sector offers opportunities for growth within the industry at all levels of employment.
3. High Pay
Auto Parts OEM workers earn high salaries because of the level of skills, expertise, and education the sector requires. Also, because of the high demand for its products, it generates high revenue.
4. Global Industry
Auto Parts OEMs are a global industry. It offers employees the opportunity to travel and work with people from different cultures and backgrounds.
5. Making a difference
Auto Parts OEM employees create the parts that make cars run. This shows that this sector has a direct impact on the safety and reliability of vehicles. This makes for a rewarding experience.
Disadvantages of Choosing a Career in Auto Parts OEM
While there are many benefits to following a career in Auto Parts OEM, there are also some drawbacks to consider. It is important to know the disadvantages to make a good decision.
5 disadvantages of choosing a career in Auto Parts OEM include:
1. Intense Competition
There is very high competition in the Auto Parts OEM industry, with different companies contending for contracts from automobile manufacturers. This often leads to pressure in the work environment and the need to always improve and innovate to stay ahead.
2. Technological Advancements
Technological advancements are a huge advantage in this industry, but they can also be a disadvantage for employees. This is because they keep trying to stay up-to-date with new developments. It can be stressful for the workers.
3. Physical Demands
Many line of work in the Auto Parts OEM industry can be physically demanding. Some positions demand long hours and repetitive motions that infrequently lead to injuries or strain.
4. Location Constraints
Many Auto Parts OEM companies build their factories in specific regions or countries, which limits work opportunities for people who cannot relocate.
5. Environmental Concerns
The Auto Parts OEM industry also has a significant impact on the environment. Employees also face ethical concerns or challenges due to sustainability and responsible manufacturing.
Benefits Package for Employees in Auto Parts OEM
The Auto Parts OEM industry offers competitive benefits packages to attract and sustain experts. They offer perks and incentives that improve an employee’s overall quality of life.
5 major benefit packages for employees in the Auto Parts OEM industry:
1. Healthcare Benefits
Auto Parts OEM companies provide healthcare benefits for employees. Insurance for your eyesight, teeth, and medical needs is among them. These aid in preserving the physical and mental health of workers.
2. Retirement Plans
The Auto Parts OEM sector offers retirement plans such as 401(k)s and pension plans. This provides long-term financial stability and security and helps employees save for their future.
3. Paid Time Off (PTO)
Many employers in the Auto Parts OEM industry offer generous PTO packages to guarantee their workers have a thriving work-life balance.
4. Professional Development Opportunities
The Auto Parts OEM sector offers many opportunities for professional improvement. These opportunities allow employees to expand their skills and advance their careers.
5. Employee Assistance Programs (EAPs)
Employee assistance programs (EAPs) provide consultation, financial planning, and legal help to employees and their families. These initiatives enhance general employee well-being while offering assistance during trying times.
What is the Level of Job Satisfaction in Auto Parts OEM?
According to Glassdoor, the average job satisfaction rating for the Auto Parts OEM industry is 3.3 out of 5. This is because employees recommend a good work-life balance, good pay, and a good work environment they enjoy.
How Do I Choose a Career in Auto Parts OEM?
Choosing a career in Auto Parts OEM is an exciting opportunity for individuals with an interest in the automotive industry. If you are considering working in this field, there are several ways to go about selecting the right path for you.
5 major steps to choosing a career in Auto Parts OEM include:
1. Determine your interests and passions in the automotive industry
Before pursuing a career in Auto Parts OEM, you have to identify your interests and passions within the field. There are many different areas to focus on, like design, manufacturing, sales, and customer service. Consider what aspects of the industry excite you the most and what type of work you enjoy doing. Identifying your interests and passions can help you determine which career path to pursue.
2. Research different types of roles within the industry
Auto parts OEM companies offer diverse career opportunities. You have to research different roles within the industry. Study the duties, requirements, and salaries to determine which role best aligns with your interests and skills.
3. Look for educational and training programs
Auto parts OEM companies typically require specific education and training for different roles. Consider pursuing a degree in engineering, such as mechanical or electrical, to gain relevant technical skills. Complete a trade school program in manufacturing or automotive repair to gain the necessary training.
4. Gain hands-on experience
Internships and co-op positions with any Auto Parts OEM company will provide valuable hands-on experience. It will help you build your skills and network within the industry.
5. Consider working for a company that aligns with your values and goals
It’s important to consider the values and goals of a company before pursuing a career in auto parts OEM. Look for companies that prioritize sustainability, innovation, and employee development. Research the company’s mission statement, values, and culture to determine if they align with your own.
How can I decide if working in Auto Parts OEM is right for me?
Working in Auto Parts OEM can provide you with a challenging and rewarding career, but it’s important to carefully consider whether it’s the right fit for you.
3 ways to decide if working in Auto Parts OEM is right for you:
1. Consider your interests and passions
Working in Auto Parts OEM requires a deep interest in the automotive industry. Check if you enjoy cars, how they function, and what it takes to manufacture and maintain them. Ask yourself if you are passionate about the idea of creating and improving their parts.
2. Assess your skills
Auto parts OEM companies require technical and engineering skills, communication and customer service, and problem-solving abilities. Evaluate your abilities to determine if you have what it takes to work in this field. If you lack certain skills, take courses that can equip you with the necessary education or training.
3. Study the industry
Studying the Auto Parts OEM industry will give you a better understanding of what the work, environment, and potential career paths entail. Speak with industry professionals to gain insights into what it’s like to work in the field. Also, conduct thorough research that will help you determine if this industry aligns with your interests and career goals.
How to Start a Career in Auto Parts OEM?
To start a career in Auto Parts OEM, you need a solid understanding of the industry and specific steps to get started.
5 practical steps to start a career in Auto Parts OEM:
1. Research the industry
Take your time to research the Auto Parts OEM industry. Check out the major players, trends, and challenges. It will help you understand the industry better and determine if it’s the right fit for you.
2. Develop your skills
Once you have a better understanding of the industry, develop the relevant skills for the Auto Parts OEM.
3. Get an education
Even though employees do not require a degree for entry-level positions, it will help them stand out from the competition. Pursue a degree in mechanical engineering, business, or any other related field.
4. Gain experience
Look for internships or entry-level positions in the Auto Parts OEM industry. It will give you valuable experience, help you develop your skills, and build your connections.
5. Apply for jobs
Once you have the necessary skills and experience, start applying for work in the Auto Parts OEM industry. Look for employment opportunities on job boards, company websites, and through industry connections. Also, endeavor to tailor your resume and cover letter to each position and company you apply to.
What does a career in Auto Parts OEM entail?
Auto Parts OEM workers design, develop, and manufacture parts and components for vehicles. They work in teams with engineers, designers, and manufacturers to produce high-quality parts that meet customer demand. They also research new materials, test prototypes, and refine designs to improve performance and reduce costs.
Which Auto Parts OEM career is the best?
Mechanical engineers, electrical engineers, industrial engineers, and materials engineers are some of the best careers in the Auto Parts OEM industry.
What majors or certifications do Auto Parts OEM hire?
Auto Parts OEMs industries only employ professionals with the necessary education, skills, and certifications to develop and manufacture high-quality automotive parts.
5 relevant majors that the Auto Parts OEM industry hires:
1. Mechanical Engineering
Employers in Auto Parts OEM employ individuals with a degree in mechanical engineering. This is because they are experts in designing, developing, and testing various mechanical components of vehicles.
2. Electrical and Electronics Engineering
Electrical and electronics engineers are in demand for designing and developing electronic components like sensors, control units, and wiring systems. They know how to integrate these components with mechanical systems to make vehicles more efficient and safer.
3. Manufacturing Engineering
Companies in the Auto Parts OEM hire manufacturing engineering majors to ensure efficient and cost-effective production. They use their skillfulness in materials, production methods, and quality control to improve manufacturing processes and increase productivity.
4. Materials Science and Engineering
Materials science and engineering are important for the Auto Parts OEM industry. This is because they develop and use innovative materials to improve the performance, durability, and safety of the Auto Parts. They also develop new materials and optimize existing ones to meet the demands of the industry.
5. Industrial Engineering
Industrial engineers optimize supply chain management, logistics, and production scheduling. They focus on maximizing efficiency, reducing costs, and improving quality. They achieve these by using their expertise in optimization techniques, data analysis, and systems engineering.
3 certifications the Auto Parts OEM industry hires:
1. Automotive Service Excellence (ASE) Certification
ASE certification is necessary for automotive professionals, especially those working in the OEM industry. It covers everything from engine repair to brakes and electrical systems.
2. Automotive Aftermarket Professional (AAP) Certification
The Automotive Aftermarket Industry Association offers this certification for employees in the Auto Parts OEM sector. It teaches topics related to aftermarket parts sales and distribution. It also covers product knowledge, sales techniques, and customer service.
3. Lean Six Sigma Certification
Lean Six Sigma is a methodology that focuses on improving process efficiency and reducing waste. This certification program covers the principles and techniques. It is relevant for professionals working in the OEM industry, especially in production and manufacturing roles.
What are the Skills Required for a Career in Auto Parts OEM?
If you are passionate about automotive engineering and manufacturing, you must possess relevant skills and expertise.
5 relevant skills needed for a career in Auto Parts OEM:
1. Technical Skills
Due to advancements in technology, companies look out for individuals with relevant technical skills. To work here, you must have a solid understanding of automotive engineering, design, and manufacturing processes, computer-aided software, and other tools.
2. Quality Control
Employers want candidates who are highly knowledgeable and have skills in quality control. Meeting high standards of quality is essential in the Auto Parts OEM industry. Employees must be able to use statistical analysis and other methods to identify and address quality issues.
3. Supply Chain Management
Auto parts OEM professionals must know how to manage the complex supply chain involved in the manufacturing and distribution of parts. They must be able to source materials, manage inventory, and coordinate with suppliers.
4. Project Management
The ability to manage complex projects and timelines is essential in the OEM industry. This is because new products must be brought to market quickly and efficiently.
5. Communication Skills
Effective communication is key in the OEM industry. Professionals must work closely with colleagues, suppliers, and customers to ensure high productivity.
7 Tips for a Successful Career in Auto Parts OEM
To have a successful career in the Auto Parts OEM sector, you need some tips that will help you.
1. Build cross-functional knowledge
Having a broad understanding of different functions within the OEM industry can be valuable for career development. Building cross-functional knowledge can also help you work effectively with colleagues from different teams and departments.
2. Embrace teamwork
Collaboration and teamwork are essential in the OEM industry. Being a team player and building positive relationships with colleagues can help you achieve common goals and succeed in your career.
3. Focus on customer satisfaction
Customer satisfaction is a top priority in the OEM industry. You must understand customer needs and deliver high-quality products and services. It will help you build a positive reputation and succeed in your career.
4. Stay current with the latest trends and technology
The Auto Parts OEM is always evolving and advancing. You must stay up-to-date with the latest trends and technologies to stay ahead of the competition. It will help you stay relevant in the sector.
5. Be proactive and take initiative
Employers want individuals who can take initiative and be proactive in identifying areas for improvement or new opportunities. Doing this will demonstrate your drive and ambition and set you apart from your colleagues.
6. Build a diverse skill set
To succeed in this industry, you need to build both technical and soft skills. It will make you an all-around professional and open up new career opportunities in the OEM industry.
7. Embrace continuous learning
The Auto Parts industry is always evolving. To succeed, it’s important to stay curious and embrace continuous learning to stay ahead of the curve and the competition in your career.
Who are the Auto Parts OEM?
Auto Parts OEM refers to companies that manufacture parts for vehicle production. They specialize in engineering, manufacturing, and supply chain management. They also develop and produce the parts and components that make up modern vehicles.
Where do professionals in Auto Parts OEM work?
Professionals in Auto Parts OEM work in manufacturing plants, research and development facilities, and corporate headquarters. They also work for large automotive companies or for smaller suppliers that specialize in specific parts or components. Some also work in sales and marketing or logistics and supply chain management.
Top 10 Auto Parts OEM Companies to Work For and Launch Your Career
Bosch is a German multinational engineering and technology company that produces automotive components, industrial products, and consumer goods. Workers commend them for their competitive salaries, excellent benefits, and a strong emphasis on work-life balance. Bosch has been several times recognized as one of the best places to work in Germany. It has a 4.1 out of 5 rating on Glassdoor for work-life balance.
Denso is a Japanese multinational company that produces automotive components, industrial products, and consumer goods. Denso has a strong focus on sustainability and social responsibility. The company offers a comprehensive benefits package and offers employees opportunities for career development.
Continental is a German multinational company that produces industrial products, and consumer goods. Working here means being part of a company that values diversity, inclusion, and innovation. The company has a 3.7 out of 5 rating on Glassdoor based on employee reviews.
4. Magna International
Magna International is a Canadian multinational company that produces body and chassis systems, powertrain systems, and electronics. Employees rate the company 4.2 out of 5 on CareerBliss. Workers love it here because the company is a mobility technology business that innovates and thinks like a tech enterprise.
5. Aisin Seiki
Aisin Seiki is a Japanese multinational company that produces drivetrain, brakes, and suspension systems. The company focuses on sustainability and has made significant investments in research and development to achieve it. Employees give this company 3.6 out of 5 stars on Glassdoor.
Valeo is a French multinational company that produces lighting, wipers, and climate control systems. The company focuses on innovation, research, and development to create more efficient and environmentally friendly products. Individuals who work here love it for its diversity, inclusion, and teamwork.
Faurecia is a French multinational company that produces seats, exhausts, and interior systems. The company values innovation, collaboration, and creativity, which is perfect for individuals who love to create something. The company offers comprehensive benefits packages for its staff.
8. ZF Friedrichshafen
ZF Friedrichshafen is a German multinational company that produces transmissions, steering, and brake systems. The company has made significant investments in research and development to create more efficient and environmentally friendly products. Employees at ZF Friedrichshafen give it a 3.8 out of 5 rating for their good work-life balance.
9. Lear Corporation
Lear Corporation produces seating and electrical distribution systems for the Auto Parts sector. The company values diversity, inclusion, and teamwork. Employees in this company receive a comprehensive benefits package that includes health and wellness programs, and other relevant perks.
BorgWarner is an American multinational company that produces automotive powertrain and drivetrain systems in the Auto Parts sector. The company values innovation, collaboration, and creativity. The company offers a comprehensive benefits package that includes medical, retirement, and employee discounts.
Which Auto Parts OEM is best to work for?
Bosch, Denso, Lear Corporation, Magna International, BorgWarner, and Aisin Seiki are the best Auto Parts companies to work for. They are known for their competitive salaries and opportunities for career growth and development.
What are the Major Career Paths in Auto Parts OEM?
Career opportunities in the Auto Parts industry vary. There are many opportunities for professionals to build rewarding careers in this dynamic and innovative sector.
Here are 5 major career paths in Auto Parts OEM:
Engineers in this industry design, develop, and test auto parts, ensuring they meet performance and safety standards. This field can include various specializations such as mechanical, electrical, and software engineering.
This career path involves managing the production of auto parts and ensuring quality control and efficiency in the manufacturing process.
3. Supply Chain and Logistics
Professionals in this field manage the flow of goods and materials, ensuring timely and efficient delivery of auto parts to customers.
4. Sales and Marketing
This career path involves promoting and selling auto parts to customers, including automakers, repair shops, and retailers. Professionals in this field must have a strong understanding of the industry, customer needs, and trends.
5. Research and Development
Employees in research and development create new products and technologies to stay competitive in the market. They also work closely with engineers and other experts to innovate, improve existing products, or create new ones.
What are the Alternative Career Paths to Auto Parts OEM?
If you’re looking for alternative career paths outside the Auto Parts OEM industry, there are other options to consider. These alternatives also offer opportunities for individuals to apply their knowledge and experience in new and exciting ways.
Here are 5 alternative career paths to Auto Parts OEM to consider:
1. Renewable Energy
Engineers and technicians can work with renewable energy. Demand for solar, wind, and geothermal energy is on the rise. With the relevant skills and knowledge, you can design and install renewable energy systems or research and develop new technologies.
If you’re interested in working with aircraft, consider a career in aerospace. You can design and manufacture aircraft components or maintain and repair aircraft.
3. Medical Devices
Medical devices include surgical instruments and diagnostic equipment. The medical device industry is growing and offers different career opportunities in product design, engineering, and manufacturing. If you have an interest in the medical field, you can consider working here.
4. Robotics and Automation
The automation industry is growing quickly, with robotics and automation working in everything from manufacturing to healthcare. In this sector, you can work on designing and programming robots or on the implementation and maintenance of automated systems.
The construction industry offers many career opportunities in project management and design. There is a growing need for professionals with expertise in green building practices due to the demand for sustainable and energy-efficient buildings.
Career Trends in Auto Parts OEM
The Auto Parts OEM industry is always evolving, with new technologies and trends shaping the way that businesses operate. To be successful in this sector, you need to know the career trends.
5 major career trends in Auto Parts OEM:
The biggest trend in the Auto Parts sector is the move towards electric and hybrid vehicles. Because of this, there is an increasing demand for engineers and technicians with expertise in electric drivetrains, battery systems, and other related technologies.
2. Connected Cars
The rise of connected car technology is also changing the Auto Parts OEM industry. The more cars are connected, the higher the demand for professionals with expertise in software development, cybersecurity, and data analytics.
3. 3D Printing
Many technological industries are now making use of 3D printing, which is the latest development. This trend has led to a growing demand for experts with skills in 3D printing technology.
The push towards sustainability is driving change in the Auto Parts OEM industry. The sector is now focusing on reducing waste and improving efficiency. This trend is creating new opportunities for individuals with skills in manufacturing and design practices.
5. Autonomous Vehicles
The development of autonomous vehicles is shaping the Auto Parts OEM industry. Self-driving cars are becoming more common, which creates a need for professionals in artificial intelligence, machine learning, and other related fields.
What is the Future of Auto Parts OEM?
As the automotive industry continues to evolve, the future of Auto Parts OEM will be shaped by electrification, with an increasing demand for components and systems related to electric drivetrains and battery technology. Connected cars and the rise of autonomous vehicles will also impact the industry and create new opportunities for experts in software development and artificial intelligence. In addition, companies will keep focusing on sustainability to reduce waste and improve efficiency.
Conclusion: Is Auto Parts OEM a Good Career Path?
A career in Auto Parts OEM auto parts offers many opportunities for growth and fulfillment due to the dynamic and ever-changing nature of the industry. It is important to understand that economic downturns and shifts in consumer preferences can influence the sector. Also, this career path depends on an individual’s goals, adaptability, and willingness to stay up-to-date on emerging trends and technologies. With a focus on innovation, continuous learning, and other relevant skills, a career in this sector will lead to a successful and fulfilling future.