The World’s Largest Factories
Where do our airplanes, vehicles, and spacecraft get built?
Like many other modern goods, they get made in manufacturing plants that are designed to produce at scale.
However, the factories pumping out the world’s cruise ships and electric cars are anything but ordinary. Most of them take up many city blocks, while a few of them have the size, workers, and amenities of an actual city.
From Hyundai’s Ulsan Factory in South Korea to the Boeing Factory near Seattle, today’s infographic and list from Futurism shows the world’s biggest factories. Many of the usual suspects can be found on this list such as Tesla or Airbus, but there is one outlier that may be surprising: one of the world’s largest factories is a 115,000 m² plant that produces lingerie lace in Latvia.
It’s also worth noting that Tesla’s Gigafactory 1 is not included on the list, because it isn’t opening until July 2016. Once completed, it is projected to dwarf many of the factories on this list at the impressive size of 1.3 million m² (13.6 million ft²) based off of the latest estimates:
That’s an expansion of roughly 40% from it’s previous expected size of 929,000 m² (10 million ft²).
Ranking The World’s Largest Factories
10. NASA Vehicle Assembly Building
Located in Florida, this 32,374 m² facility was built by NASA in 1966 for the assembly of the Saturn V rocket. It’s doors are 456 ft tall.
9. Meyer Werft Dockhalle 2
Owned and managed by the Meyer family for six generations, this is the largest shipbuilding hall used to construct cruise ships. It’s located in Papenburg, Germany, and is 63,000 m² in size.
8. Lauma Fabrics
An unexpected entry on this list, this factory produces raw materials and lace for lingerie. It’s about five football fields long, and two wide. Located in Latvia, the facility is 115,645 m² in total area.
7. Jean-Luc Lagardère Plant
It’s no surprise that aircraft assembly plants are among some of the world’s largest factories. This Airbus plant is in France, and is 122,500 m² in size.
6. Mitsubishi Motors North America
For automotive companies, size means economies of scale. This plant was set up in 1981 in Illinois to oversee Mitsubishi’s manufacturing, production, sales, and R&D in North America. This 220,000 m² facility ended production in late 2015 because of the company’s shift to focusing on Asian markets.
5. Belvidere Assembly Plant
Also located in Illinois, this factory is owned by Chrysler. It was constructed in 1965 and takes up a whopping 330,000 m² of space. It’s where the Jeep Compass, Jeep Patriot, and Dodge Dart get assembled.
4. Boeing Factory
Just outside of Seattle is the world’s biggest aircraft assembly operation by size. At 398,000 m², this is where the 747, 767, 777, and 787 Dreamliner get built. It’s also the largest building in the world by volume.
3. Tesla Factory
Not to be confused with the Gigafactory, this is Tesla’s current principal production facility for its cars. It uses 10 of the largest robots in the world, and has a 510,000 m² footprint in Fremont, California.
2. Hyundai Motor Company Ulsan Factory
This is 10x bigger than the Tesla Factory, located in South Korea. It’s over 5 million m² and is Hyundai’s main production facility. Amazingly, it employs 34,000 personnel, while having facilities often reserved for entire cities. The factory has its own hospital, port, and fire station.
1. Volkswagen Wolfsburg Plant
Weighing in at #1 on the “World’s Largest Factories” list is Volkswagen’s plant in Wolfsburg, Germany. It edges out Hyundai’s entry by about 1.5 million m². It’s the biggest car plant in the world and also Volkswagen AG’s headquarters. It’s so big, at 6.5 million m², that floor workers use bicycles to get around.
Which Streaming Service Has the Most Subscriptions?
From Netflix and Disney+ to Spotify and Apple Music, we rank the streaming services with the most monthly paid subscriptions.
Which Streaming Service Has The Most Subscriptions?
Many companies have launched a streaming service over the past few years, trying to capitalize on the digital media shift and launching the so-called “streaming wars.”
After Netflix grew from a small DVD-rental company to a household name, every media company from Disney to Apple saw recurring revenues ripe for the taking. Likewise, the audio industry has long-since accepted Spotify’s rise to prominence, as streaming has become the de facto method of consumption for many.
But it was actually the unexpected COVID-19 pandemic that solidified the foothold of digital streaming, with subscription services seeing massive growth over the last year. Although it was expected that many new services would flounder along the way, media subscription services saw wide scale growth and adoption almost across the board.
We’ve taken the video, audio, and news subscription services with 5+ million subscribers to see who came out on top—and who has grown the most quickly—over the past year. Data comes from the FIPP media association as well as individual company reports.
Streaming Service Giants: Netflix and Amazon
The top of the streaming giant pantheon highlights two staples of business: the first-mover advantage and the power of conglomeration.
With 200+ million global subscribers, Netflix has capitalized on its position as the first and primary name in digital video streaming. Though its consumer base in the Americas has begun to plateau, the company’s growth in reach (190+ countries) and content (70+ original movies slated for 2021) has put it more than 50 million subscribers ahead of its closest competition.
The story is the same in the audio market, where Spotify’s 144 million subscriber base is more than double that of Apple Music, the next closest competitor with 68 million subscribers.
Meanwhile, Amazon’s position as the second most popular video streaming service with 150 million subscribers might be surprising. However, Prime Video subscriptions are included with membership to Amazon Prime, which saw massive growth in usage during the pandemic.
|Service||Type||Subscribers (Q4 2020)|
|Amazon Prime Video||Video||150.0M|
|Amazon Prime Music||Audio||55.0M|
|Tencent Music (Group)||Audio||51.7M|
|New York Times||News||6.1M|
Another standout is the number of large streaming services based in Asia. China-based Tencent Video (also known as WeTV) and Baidu’s iQIYI streaming services both crossed 100 million paid subscribers, with Alibaba’s Youku not far behind with 90 million.
Disney Leads in Streaming Growth
But perhaps most notable of all is Disney’s rapid ascension to the upper echelons of streaming service giants.
Despite Disney+ launching in late 2019 with a somewhat lackluster content library (only one original series with one episode at launch), it has quickly rocketed both in terms of content and its subscriber base. With almost 95 million subscribers, it has amassed more subscribers in just over one year than Disney expected it could reach by 2024.
|Service||Type||Percentage Growth (2019)|
|Amazon Prime Video||Video||100.0%|
|Amazon Prime Music||Audio||71.9%|
|Tencent Music (Group)||Audio||66.8%|
|New York Times||News||60.5%|
The Disney+ wave also spurred growth in partner streaming services like Hotstar and ESPN+, while other services with smaller subscriber bases saw large growth rates thanks to the COVID-19 pandemic.
The lingering question is how the landscape will look when the pandemic starts to wind down, and when all the new players are accounted for. NBCUniversal’s Peacock, for example, has reached over 30 million subscribers as of January 2021, but the company hasn’t yet disclosed how many are paid subscribers.
Likewise, competitors are investing in content libraries to try and make up ground on Netflix and Disney. HBO Max is slated to start launching internationally in June 2021, and ViacomCBS rebranded and expanded CBS All Access into Paramount+.
And international growth is vital. Three of the top six video streaming services by subscribers are based in China, while Indian services Hotstar, ALTBalaji, and Eros Now all saw surges in subscriber bases, with more room left to grow.
How Do Esports Companies Compare with Sports Teams?
With some esports companies more valuable than traditional sports teams, we visualize esports vs sports in franchise value.
How Do Esports Companies Compare with Sports Teams?
Are esports on the same level as “real” sports? These comparisons range from tricky to subjective, but the monetary value of companies speak for themselves.
The world’s largest esports companies have definitely risen to the occasion. Valued at almost half-a-billion dollars, they’ve started to pass some sports franchises in value.
In the above graphic, we compare Forbes’ valuation of the top 10 esports companies in 2020 against median franchises in the “Big Four” major leagues (NFL, MLB, NBA, and NHL). Despite competitive gaming’s rapid growth, there’s still a long way left to go.
Esports Impress but NFL Teams Reign Supreme
The world’s top esports companies have grown quickly, and impressively.
As of 2018, there was only one esports company worth more than $300 million in valuation. By 2020, four of the top 10 were valued at more than $300 million.
|Esports Company||Games with Franchises||Value (2020)|
|TSM||League of Legends||$410M|
|Cloud9||League of Legends, Overwatch||$350M|
|Team Liquid||League of Legends||$310M|
|FaZe Clan||Call of Duty||$305M|
|100 Thieves||League of Legends, Call of Duty||$190M|
|Gen.G||League of Legends, Overwatch, NBA 2K||$185M|
|Enthusiast Gaming||Call of Duty, Overwatch||$180M|
|G2 Esports||League of Legends||$175M|
|NRG Esports||Call of Duty, Overwatch||$155M|
|T1||League of Legends||$150M|
When compared to traditional sports valuations, esports companies have already reached major league hockey status.
TSM, the world’s most valuable esports company in 2020, has a higher valuation than five NHL franchises. In fact, four esports companies were estimated to be more valuable than two NHL franchises, the Florida Panthers and Arizona Coyotes.
But other sports leagues are further away. While the median value of an NHL franchise in 2020 was $520 million, the MLB, NBA, and NFL all saw median values of over $1.6 billion.
|Esports vs. Sports Franchises||Lowest Valued Team||Highest Valued Team||Median|
|Esports (Top 10)||$150M||$410M||$188M|
Differences in Esports vs Sports Structures and Growth
Try as we might to make a clean apples-to-apples comparison between esports and traditional sports teams, there are significant differences in the business models to consider.
For starters, major esports companies own multiple franchises and non-franchise teams across many games. Cloud9 owns both the eponymous Cloud9 League of Legends franchise and the London Spitfire Overwatch franchise, for example, as well as non-franchise teams in Halo, Counter Strike: Global Offensive, Fortnite, and other games.
The revenue streams for esports companies are also extremely varied. Companies like TSM, 100 Thieves, FaZe Clan and Enthusiast Gaming made 50% or more of their revenue from outside of esports, having instead expanded into diverse companies with an equal focus on content creation and apps.
But it’s this greater ability to diversify, and the still-increasing size of esports fandom, that continues to grow esports valuations. In fact, TSM’s estimated 2020 revenue of $45 million is less than half of the Arizona Coyotes’ estimated revenue of $95 million, despite a $100+ million valuation difference in favor of TSM.
That’s why the continued maturation of esports is only going to make traditional sports comparisons easier, and closer. Instead of having to pit companies against franchises, direct league-to-league comparisons will be possible, and the differences will likely shrink from billions to millions.
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