Key Market Indicators
Austria is set to have 309,010 registered vehicles by 2026. This would be a 1% decrease from the 305,300 registered in 2021. On average, the market has seen a 4% drop year-on-year since 2010. Production of vehicles in Austria is also expected to decrease, from 138,100 in 2021 to 139,170 in 2026. This would be a 0.1% decrease year-on-year. Since 2002, the supply has grown by 4.7% per year. In 2021, Austria was the 35th ranked country in terms of production, overtaken by Uzbekistan. The US, Japan, and India were the 2nd, 3rd, and 4th highest respectively.
Austria Automotive Market Data and Forecasts
What is the size of the Austrian Automotive Market in 2022?
More in Automotive Industry in major countriesHow much will Austria Automotive Market grow to 2026?
More in Automotive Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Automotive Financing: Unveiling Trends and Opportunities in Leasing and Loan Markets
Automotive funding, a crucial sector of the automotive industry, is witnessing a paradigm shift in its operating model driven by changes in customer preferences and technological advancements. Strong growth in new vehicle sales and rising used car prices are fuelling growth in this sector. The primary role of auto leasing...
Read more -
Automotive Industry: Comprehensive Insights into New Car Dealers and Vehicle Parts Retailing
The new car dealership segment in the automotive industry continues to demonstrate a growth trajectory. This can be attributed to factors such as a rise in consumer demand driven by an improved economic outlook, low-interest rates, and an expansion in car ownership in emerging markets. Digitalization has redefined traditional sales...
Read more -
Auto Repair and Body Shops: Navigating Future Challenges and Opportunities
The vehicle repair industry is poised for significant shifts driven by emergent technologies. Innovations in automotive design, such as electric and autonomous vehicles, are demanding new skills from mechanics and body repair professionals. In conjunction, technologies to streamline shop operations, like digital diagnostics and advanced management software, are increasingly integral...
Read more -
Vehicle Rental and Repair: An In-depth Exploration of Industry Dynamics
The vehicle rental and repair industry has made significant strides over the past years, prompted by technological advancements, changing consumer behaviours and evolving business models. The industry is a key pillar to transportation needs in various geographical regions, fulfilling short-term mobility needs. Economy dynamics, especially urbanization and tourism activities, chiefly...
Read more -
Insights into the Evolving Caravan, Trailer, and Motor Vehicle Body Manufacturing Sector
Substantial technological advancements and a rising regard for recreational activities are driving the development in the motor vehicle body, caravan and trailer manufacturing sector. Increasingly, consumers opt for these vehicles as a lifestyle choice, valuing their ability to provide comfort, freedom, and connectivity on the road. The growth of this...
Read more