Forecast: Number of Enterprises in Manufacture of Parts and Accessories for Motor Vehicles Sector in Brazil

In 2023, the number of enterprises in the motor vehicle parts and accessories sector in Brazil stood at 560. Forecasts for the subsequent years predict a declining trend, with the number of enterprises projected to decrease to 506 in 2024, 452 in 2025, 399 in 2026, 347 in 2027, and 297 by 2028. This represents a continuous decline in the number of these enterprises with a yearly percentage decrease observable from 2024 onwards.

Key points to watch for in future trends include:

  • Impact of global supply chain shifts and technological advancements in manufacturing.
  • Resilience and adaptation strategies of enterprises in the face of market pressures and environmental regulations.
  • Potential consolidation in the industry as smaller enterprises may be acquired or go out of business.
  • Influence of government policies on the automotive sector, such as incentives for electric vehicle components production.

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