| Product Code: ETC5164330 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Montenegro Automotive Components Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting high at 3.11% in 2025, the market steadily declines to 2.94% by 2029.

By 2027, the Automotive Components market in Montenegro is anticipated to reach a growth rate of 1.04%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Montenegro Automotive Components Market Overview |
3.1 Montenegro Country Macro Economic Indicators |
3.2 Montenegro Automotive Components Market Revenues & Volume, 2021 & 2031F |
3.3 Montenegro Automotive Components Market - Industry Life Cycle |
3.4 Montenegro Automotive Components Market - Porter's Five Forces |
3.5 Montenegro Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Montenegro Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Montenegro Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F |
4 Montenegro Automotive Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for vehicles in Montenegro |
4.2.2 Increasing investments in automotive manufacturing |
4.2.3 Technological advancements in automotive components |
4.2.4 Favorable government policies and incentives for the automotive industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Intense competition from global automotive component manufacturers |
4.3.3 Regulatory challenges and compliance requirements |
4.3.4 Economic instability affecting consumer spending on automobiles |
5 Montenegro Automotive Components Market Trends |
6 Montenegro Automotive Components Market Segmentations |
6.1 Montenegro Automotive Components Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Montenegro Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Montenegro Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.1.4 Montenegro Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F |
6.1.5 Montenegro Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.1.6 Montenegro Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F |
6.1.7 Montenegro Automotive Components Market Revenues & Volume, By OTR, 2021-2031F |
6.2 Montenegro Automotive Components Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Montenegro Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.2.3 Montenegro Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F |
6.2.4 Montenegro Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F |
6.2.5 Montenegro Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F |
6.2.6 Montenegro Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F |
6.2.7 Montenegro Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F |
6.3 Montenegro Automotive Components Market, By Demand Category |
6.3.1 Overview and Analysis |
6.3.2 Montenegro Automotive Components Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Montenegro Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F |
7 Montenegro Automotive Components Market Import-Export Trade Statistics |
7.1 Montenegro Automotive Components Market Export to Major Countries |
7.2 Montenegro Automotive Components Market Imports from Major Countries |
8 Montenegro Automotive Components Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Montenegro |
8.2 Number of new automotive component patents registered |
8.3 Percentage of automotive components manufactured locally |
8.4 Average annual growth rate of automotive component exports |
8.5 Investment inflow in Montenegro's automotive component industry |
9 Montenegro Automotive Components Market - Opportunity Assessment |
9.1 Montenegro Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Montenegro Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Montenegro Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F |
10 Montenegro Automotive Components Market - Competitive Landscape |
10.1 Montenegro Automotive Components Market Revenue Share, By Companies, 2024 |
10.2 Montenegro Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |