| Product Code: ETC5164339 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Norway continued to see a diverse mix of automotive components imports, with top exporters including Germany, Sweden, Poland, Finland, and China. The market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). Despite a marginal compound annual growth rate (CAGR) of 0.04% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -11.42%. This fluctuation suggests a need for stakeholders to closely monitor market dynamics and adapt strategies to navigate potential challenges in the automotive components import sector in Norway.

In the Europe region, the Automotive Components market in Norway is projected to expand at a stable growth rate of 4.35% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Norway Automotive Components Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Automotive Components Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Automotive Components Market - Industry Life Cycle |
3.4 Norway Automotive Components Market - Porter's Five Forces |
3.5 Norway Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Norway Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Norway Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F |
4 Norway Automotive Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Norway due to government incentives and environmental awareness |
4.2.2 Growing focus on innovation and technology advancements in automotive components |
4.2.3 Favorable government policies promoting sustainable transportation solutions |
4.3 Market Restraints |
4.3.1 High manufacturing costs impacting overall product pricing and profitability |
4.3.2 Dependency on imports for certain automotive components leading to supply chain vulnerabilities |
5 Norway Automotive Components Market Trends |
6 Norway Automotive Components Market Segmentations |
6.1 Norway Automotive Components Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Norway Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.1.4 Norway Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F |
6.1.5 Norway Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.1.6 Norway Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F |
6.1.7 Norway Automotive Components Market Revenues & Volume, By OTR, 2021-2031F |
6.2 Norway Automotive Components Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Norway Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.2.3 Norway Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F |
6.2.4 Norway Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F |
6.2.5 Norway Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F |
6.2.6 Norway Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F |
6.2.7 Norway Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F |
6.3 Norway Automotive Components Market, By Demand Category |
6.3.1 Overview and Analysis |
6.3.2 Norway Automotive Components Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Norway Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F |
7 Norway Automotive Components Market Import-Export Trade Statistics |
7.1 Norway Automotive Components Market Export to Major Countries |
7.2 Norway Automotive Components Market Imports from Major Countries |
8 Norway Automotive Components Market Key Performance Indicators |
8.1 Average age of vehicles in Norway |
8.2 Investment in research and development for automotive components |
8.3 Number of charging stations for electric vehicles in Norway |
9 Norway Automotive Components Market - Opportunity Assessment |
9.1 Norway Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Norway Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Norway Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F |
10 Norway Automotive Components Market - Competitive Landscape |
10.1 Norway Automotive Components Market Revenue Share, By Companies, 2024 |
10.2 Norway Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |