AUSTRIA AUTOMOTIVE AFTERMARKET MARKET

Austria automotive aftermarket present significant opportunities, with over millions of passenger vehicles are currently out of warranty in 2023, and the passenger cars with an out of warranty population is projected to grow at a robust CAGR from 2023-2031.

Major Austria Automotive Aftermarket Market Drivers

The robust development of Austria Automotive Aftermarket market is driven by the growing technological innovation and the rising investments in vehicle industry.

The annual sales volume of the country’s passenger car is around 250k units, which highlights its relatively small size. The peak of the Austrian vehicle market occurred in 2011 but sales have been inconsistent since then with a marked decline in new car registrations observed by 2018.

The key players in the Austria automotive include Magna, BMW, General Motors, Fiat, among others. German vehicle brands lead in Austria due to their geographical proximity to Germany and the shared language, even though Skoda’s robust market position from Austria’s proximity to the Czech Republic is also noteworthy. Volkswagen leads in new vehicle sales followed by Skoda, Mercedes, Audi, and Dacia.

Austria’s strategic location in the heart of the Central and Eastern Europe facilitates strong integration into supply chains, particularly evident in its close relationship with Germany within the automotive industry. Approximately half of Austria’s exports are directed to Germany, underscoring the robust economy ties between the two countries, alongside numerous German automotive firms operate production facilities in Austria or maintain extensive partnerships with local suppliers.

Austria boasts over 900 small-scale and innovative firms delivering advanced components like all-wheel drive units, batteries for electric cars, and combustion cylinders.

The Austria Automotive Aftermarket Report 2023 covers the passenger car and light commercial vehicle aftermarket in Austria, with a base year of 2023 and forecast from 2024 to 2031. The market size of the Austria aftermarket is the result of our extensive market research methodology based on primary research information coming from horse’s mouth (C Level executives) and carefully stitched together with secondary data available through proprietary databases to provide the trends which are disrupting the market and most accurate market size. The report also captures the profiles major players operating the Austria automotive aftermarket parts industry. The report provides valuable insights to C level executives with detailed market coverage.

Segments covered in the Report:

The Austria Automotive Aftermarket Market has been segmented on the basis of Vehicle Type, replacement part, certification. Based on the vehicle type, the market has been segmented into commercial vehicles and passenger vehicles. By replacement parts, the market is segmented into Tire, Battery, Brake Parts, Filters (Air Filter, Oil Filter, Others), Lighting Components, Electronic components, Lubricants, Clutch Parts, Engine Components, (Timing Belt, Spark Plugs, Others) & Others. Based on certification, the market has been segmented into Genuine Parts, Certified Parts, Counterfeit Parts, Others

Report Coverage	Details
Market Revenues (2023)	USD Million
Market Base Year	2023
Market Forecast Period	2024-2031
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Vehicle Type, By Replacement Parts, By Certification
Regional Coverage	Austria
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Austria Automotive Aftermarket by Vehicle Type

·         Commercial Vehicles

·         Passenger Vehicles

Austria Automotive Aftermarket by Replacement Parts

·         Tire

·         Battery

·         Brake Parts

·         Filters

·         Air Filter​

·         Oil Filter​

·         Others​

·         Lighting Components​

·         Electronic components​

·         Lubricants​

·         Clutch Parts​

·         Engine Components

·         Timing Belt​

·         Spark Plugs​

·         Others​

·         Others

Austria Automotive Aftermarket by Certification

·         Genuine Parts

·         Certified Parts

·         Counterfeit Parts

·         Others