The 2023 landscape of European motor vehicle enterprises reveals the United Kingdom at the forefront, followed by Slovakia and Germany. Significant year-on-year enterprise growth is observed in Slovakia, along with Belgium and Croatia, while France, Czech Republic, and Romania experienced declines. Over the past five years, some countries like Estonia and Croatia have consistently increased their numbers, showing resilience and potential.
Looking into the future, watch for potential shifts in market dynamics due to increased green vehicle mandates, technological advancements, and changing consumer preferences, which could spur enterprise growth in environmentally conscious nations and innovative regions.
Top countries in Motor Vehicles Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,100 | 2023 | +1.95% | +2.3% | View data |
| 2 | 2 Slovakia | 665 | 2023 | +10.65% | +12.38% | View data |
| 3 | 3 Germany | 272 | 2023 | +1.49% | +1.3% | View data |
| 4 | 4 Poland | 173 | 2023 | +3.59% | +1.83% | View data |
| 5 | 5 Sweden | 164 | 2023 | -1.2% | +1.27% | View data |
| 6 | 6 Netherlands | 156 | 2023 | +0.65% | +0.92% | View data |
| 7 | 7 France | 125 | 2023 | -3.85% | -1.96% | View data |
| 8 | 8 Spain | 108 | 2023 | -0.92% | 0% | View data |
| 9 | 9 Italy | 91 | 2023 | 0% | -1.67% | View data |
| 10 | 10 Hungary | 72 | 2023 | +2.86% | +1.15% | View data |