The number of establishments in the manufacture of parts and accessories for the motor vehicles sector in Brazil is forecasted to decline from 525.95 in 2024 to 249.58 in 2028. This anticipated decrease represents a significant contraction of the industry, with a yearly decline of approximately 16% from 2024 to 2028. Looking back to 2023, the value stood stable, marking a steep subsequent downturn over the forecasted period. The key takeaway from this trend is a concerning contraction pathway for the sector's operational base.

Future trends to watch for include:

The impact of technology and automation on production processes, potentially reducing the need for more traditional manufacturing establishments.
Trade policies and agreements that might affect supply chains and the attractiveness of Brazil as a manufacturing hub.
The uptake of electric vehicles and its effect on traditional automotive parts demand, potentially reshaping the industry landscape.