In 2023, Germany overwhelmingly led the European motor vehicles, trailers, and semi-trailers production with a share of €61.12 million, accounting for a significant portion of the market. Spain and France followed with €10.64 million and €10.03 million, respectively, while Italy closely trailed at €9.62 million. The Netherlands and Austria, with about €2.79 million and €2.76 million respectively, showcased modest yet consistent growth. Smaller players like Slovenia, Finland, and Ireland displayed notable year-on-year growth, hinting at potential market shifts. However, Belgium, and Greece displayed year-on-year declines, suggesting challenges in maintaining their market positions.
Future trends to watch for:
- Germany is expected to maintain its dominance, yet its growth rate indicates maturing market dynamics.
- The Netherlands and Slovenia stand out with impressive growth figures, pointing to expanding roles in the sector.
- Emerging markets, especially in Eastern Europe, might gather more traction, potentially diversifying the market landscape.
- Technological innovations and sustainability demands will likely increasingly influence production methods and supply chains across Europe.
Top countries in Production of Motor Vehicles, Trailers and Semi-trailers Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 61.12 | 2023 | +1.75% | +1.06% | View data |
| 2 | 2 Spain | 10.64 | 2023 | +1.96% | +1.99% | View data |
| 3 | 3 France | 10.03 | 2023 | +1.09% | +0.77% | View data |
| 4 | 4 Italy | 9.62 | 2023 | +1.51% | +0.43% | View data |
| 5 | 5 Netherlands | 2.79 | 2023 | +3.96% | +3.42% | View data |
| 6 | 6 Austria | 2.76 | 2023 | +2.15% | +1.71% | View data |
| 7 | 7 Belgium | 1.91 | 2023 | -1.08% | -0.041% | View data |
| 8 | 8 Slovenia | 0.6 | 2023 | +2.91% | +2.5% | View data |
| 9 | 9 Finland | 0.33 | 2023 | +2.73% | +2.16% | View data |
| 10 | 10 Ireland | 0.1 | 2023 | +1.01% | +2.54% | View data |
