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Austria’s automotive supply industry is putting the pedal to the metal

19. February 2019

Heavily dependent on exports, the sector outputs more than EUR 24 billion worth of goods every year and supports over 210,000 jobs.

Austria’s automotive parts industry has always been a key pacesetter and a strong driver of exports, with companies making their mark on global markets, routinely achieving record results and making a significant contribution both to a tangible increase in exports and a rise in Austria’s attractiveness as a business location.

The automotive sector is certainly a highly significant part of Austrian industry: some 900 companies are wholly or partially active in the automobile supply industry, generating an output value of EUR 24.4 billion (up 6% on 2017) and an added value of EUR 7.4 billion in 2018. The supply industry is one of Austria’s most important sectors, employing over 80,000 people in 2018, although more than 210,000 jobs are indirectly associated with the car market.

The sector itself is currently facing the greatest transformation process in its history: digitalisation is seen as an absolutely fundamental change, giving rise to new and innovative manufacturing processes with Industry 4.0 applications, along with ever increasing internationalisation, eMobility and self-driving cars.

Last modified
21. February 2019
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