In 2023, the number of enterprises in the manufacture of parts and accessories for motor vehicles sector in Germany stood at close to 1.17 thousand. This figure is set to remain steady from 2024 to 2027, with only a slight projected decrease to approximately 1.16 thousand by 2028. Over the forecasted period from 2024 to 2028, the year-on-year variation is minimal, highlighting a stagnant market with negligible changes in enterprise numbers.
Future trends to watch for:
- The gradual shift towards electric and hybrid vehicle production may influence the market dynamics and demand for different parts and accessories.
- Technological advancements and automation could impact the number of enterprises as some may consolidate or evolve due to increased efficiency.
- Policy changes concerning environmental regulations may also play a significant role in shaping industry structure and the number of active enterprises.