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Automotive & Transport sector in Belgium
Witnessing a surge in electric vehicle adoption and sustainable mobility solutions, the sector in question displays an ongoing commitment to innovation.
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.market overview
Electric vehicle adoption in Austria's automotive sector is rapidly increasing, fueled by government incentives and consumer demand for eco-friendly transportation solutions. Companies are investing heavily in battery technology and charging infrastructure to support this transition.
40,61 %
.average value added in the sector
55.4
.gross profit margin
15256.4
.total number of active firms
23064.8
.turnover per company
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Market structure
Innovation in autonomous vehicle technology is reshaping the automotive landscape in Austria, with companies collaborating to develop advanced driver-assistance systems and self-driving capabilities. These advancements promise to improve road safety and enhance the overall efficiency of transportation networks.
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