As of 2023, Germany is the dominant player in the European motor vehicles, trailers, and semi-trailers manufacturing sector, accounting for a substantial portion of the output share at €75.32 million, followed by Spain at €12.29 million and Slovakia at €5.89 million. Smaller contributors include Austria (€3.08 million), Portugal (€2.09 million), and Slovenia (€0.6 million). Year-on-year trends show mixed dynamics, with notable increases for Croatia (18.16%) and Lithuania (8.15%), while Austria and Slovenia experienced declines. This suggests strong performance in emerging markets, though traditional leaders like Germany remain significant.
Future trends to watch:
- Continued growth in Eastern European markets as they modernize and increase production capabilities.
- Potential shifts in seasonal demand affected by economic circumstances, potentially impacting output in larger economies like Germany and Spain.
- The impact of ecological regulations and shifting preferences towards electric vehicles influencing production line adaptations across Europe.
Top countries in Motor Vehicles, Trailers and Semi-Trailers Manufacturing Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 75.32 | 2023 | +5.19% | +1.25% | View data |
| 2 | 2 Spain | 12.29 | 2023 | +5.34% | +1.43% | View data |
| 3 | 3 Slovakia | 5.89 | 2023 | +1.9% | +2.99% | View data |
| 4 | 4 Austria | 3.08 | 2023 | +3.93% | -0.55% | View data |
| 5 | 5 Portugal | 2.09 | 2023 | +5.57% | +2.24% | View data |
| 6 | 6 Slovenia | 0.6 | 2023 | +2.71% | -1.45% | View data |
| 7 | 7 Finland | 0.38 | 2023 | +1.71% | +0.91% | View data |
| 8 | 8 Lithuania | 0.1 | 2023 | +2.82% | +8.15% | View data |
| 9 | 9 Estonia | 0.1 | 2023 | -5.81% | +7.33% | View data |
| 10 | 10 Croatia | 0.081 | 2023 | -11.56% | +18.16% | View data |
