In 2023, the hours worked for parts and accessories for motor vehicles in Germany stood at 422.28 million hours, showing a 3.35% increase from the previous year. The last two years exhibited a notable uptrend, with a 4.9% rise in 2022 followed by a consistent 3.35% in 2023. Over the past five years, the compound annual growth rate (CAGR) was relatively stable at 0.47%, indicating steady contributions year-over-year. Over the long term, Germany saw fluctuations, including significant decreases in 2016 and 2020, but have observed an overall increase since 2021.

Future trends to watch for:

Monitor the transition to electric vehicles and their impact on the parts and accessories market.
Assess supply chain adaptations post-pandemic and their influence on labor hours.
Evaluate innovations in vehicle technology and automation’s role in shaping labor requirements.