The data from 2023 indicates that the United Kingdom leads with the largest share of motor vehicle enterprises in Europe, followed by Slovakia and Germany. Slovakia showed a significant year-on-year increase of 12.38%, while other countries like France and Romania experienced declines. Over the last two years, notable growth was seen in Belgium, Macedonia, and Estonia, suggesting emerging market strength in these regions. On the contrary, countries like France and Czech Republic have witnessed declines, reflecting challenges in these markets.
Future trends to consider include the potential impacts of evolving environmental regulations, technological advancements in vehicle manufacturing, and shifts in consumer preferences towards sustainable transport solutions. Additionally, economic and political factors, such as Brexit and EU policies, could influence the distribution and establishment of motor vehicle enterprises across Europe.
Top countries in Motor Vehicles Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 31.95 | 2023 | +1.95% | +2.3% | View data |
| 2 | 2 Slovakia | 19.35 | 2023 | +10.65% | +12.38% | View data |
| 3 | 3 Germany | 7.92 | 2023 | +1.49% | +1.3% | View data |
| 4 | 4 Poland | 5.03 | 2023 | +3.59% | +1.83% | View data |
| 5 | 5 Sweden | 4.77 | 2023 | -1.2% | +1.27% | View data |
| 6 | 6 Netherlands | 4.54 | 2023 | +0.65% | +0.92% | View data |
| 7 | 7 France | 3.64 | 2023 | -3.85% | -1.96% | View data |
| 8 | 8 Spain | 3.14 | 2023 | -0.92% | 0% | View data |
| 9 | 9 Italy | 2.65 | 2023 | 0% | -1.67% | View data |
| 10 | 10 Hungary | 2.1 | 2023 | +2.86% | +1.15% | View data |
