Austrian Automotive Supply Industry 2023
Austria is a high-quality location and our companies are quality champions. It is this reliable quality standard that has allowed the Austrian economy to make a name for itself worldwide, especially in the automotive supply industry.
The Austrian automotive industry is an export champion
Approximately 900 companies recently generated an annual revenue of around EUR 26 bn. With an average export rate exceeding 80%, the Austrian automotive industry is one of the most internationalised sectors in Austria. Approximately 25% of the Austrian Automotive suppliers have an export rate of +90%. It is an economic driver for Austrian industry on the global market.
Foreign markets and growth opportunities
93% of Austria’s automotive companies are active on the global markets. More than two-thirds of companies (70%) export to Central and Western Europe, whereby Germany is the main export partner. East Asia (35%) and North America (31%).
Segments of the Austrian automotive supply industry
International client structure of the automotive suppliers
The internationalisation in this industry sector is set to continue growing in the coming years. At 74% and 61%, Tier-1 companies and OEMs remain the most important clients for the Austrian supply sector abroad. That is why it is essential to remain flexible and agile in the future to be able to react to any fluctuations in production.