In 2023, the market value for Diesel Automotive with engines between 1500cc and 2500cc in Austria stood at 2.997 billion US dollars. Over the past two years, the market saw a year-on-year variation of 0.65% in 2023 and 5.97% in 2022. The average annual growth rate (CAGR) over the last five years was 0.69%. Notably, the market experienced a significant contraction in 2020 with a -16.41% year-on-year change, largely due to external economic pressures.

Looking towards the future, the forecast indicates a steady but modest growth trend with a 5-year CAGR of 0.54% and an overall forecasted growth rate of 2.73% by 2028.

Future trends to watch for:

Environmental regulations increasingly pushing for lower emissions and potential declines in diesel automotive demand.
Innovations in alternative fuel technologies and electric vehicles gaining market share.
Economic factors, such as fuel prices and consumer preferences, influencing diesel vehicle purchases.