Key Market Indicators
Macedonia's vehicle registration is projected to drop by 5.3% annually from 2021 to 2026. This is a decrease from the 3,800 units registered in 2021. Since 2010, the market has been declining steadily, at an average of 2.4% each year.
Macedonia Automotive Market Data and Forecasts
How much will Macedonia Automotive Market grow to 2026?
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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...
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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...
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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...
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Insights into the Evolving Caravan, Trailer, and Motor Vehicle Body Manufacturing Sector
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