The market size value per capita for motor vehicle wheels and parts in Austria saw fluctuations from 2013 to 2023, peaking in 2018 at $77.7 and declining slightly since. In 2023, it stood at $72.6. Year-over-year, 2022 to 2023 showed a modest rise of approximately 0.62%, while the average growth over the last five years was stable, with a CAGR of around 0.18%. Recently, variations have been minimal, indicating market maturity.
Future trends to watch for:
- Technological advancements leading to increased product differentiation.
- Demand shifts driven by electric and autonomous vehicle growth.
- Potential impacts of environmental regulations on manufacturing practices.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100.79 | 2023 | View data | ||
| 2 | 2 Finland | 96.33 | 2023 | View data | ||
| 3 | 3 Norway | 87.23 | 2023 | View data | ||
| 4 | 4 Belgium | 85.98 | 2023 | View data | ||
| 5 | 5 Austria | 72.6 | 2023 | |||
| 6 | 6 Japan | 62.86 | 2023 | View data | ||
| 7 | 7 Switzerland | 54.95 | 2023 | View data | ||
