Portugal Automotive Components Market (2025-2031) | Share, Trends, Analysis, Segmentation, Size, Value, Growth, Industry, Outlook, Companies, Forecast & Revenue

Market Forecast By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler, OTR), By Component (Engine Parts, Body & Chassis, Suspension & Brakes, Drive Transmission & Steering Parts, Electrical Parts, Equipments), By Demand Category (OEM, Replacement) And Competitive Landscape
Product Code: ETC5164344 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

Portugal Automotive Components Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Portugal`s automotive components import market saw significant growth in 2024, with top exporters including Spain, Metropolitan France, Germany, Italy, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.58%, showcasing a robust industry expansion. Moreover, the growth rate from 2023 to 2024 reached 6.97%, indicating continued momentum in the sector. These trends suggest a thriving automotive components import market in Portugal with strong partnerships with key exporting countries.

Automotive Components Market: Portugal vs Top 5 Major Economies in 2027 (Europe)


The Automotive Components market in Portugal is projected to grow at a stable growth rate of 2.18% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

Automotive Components Market: Portugal vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

  • Portugal Automotive Components Market Outlook
  • Market Size of Portugal Automotive Components Market, 2024
  • Forecast of Portugal Automotive Components Market, 2031
  • Historical Data and Forecast of Portugal Automotive Components Revenues & Volume for the Period 2021-2031
  • Portugal Automotive Components Market Trend Evolution
  • Portugal Automotive Components Market Drivers and Challenges
  • Portugal Automotive Components Price Trends
  • Portugal Automotive Components Porter`s Five Forces
  • Portugal Automotive Components Industry Life Cycle
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Passenger Car for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Light Commercial Vehicle for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Medium & Heavy Commercial Vehicle for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Two-Wheeler for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Three-Wheeler for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By OTR for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Component for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Engine Parts for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Body & Chassis for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Suspension & Brakes for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Drive Transmission & Steering Parts for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Electrical Parts for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Equipments for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Demand Category for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By OEM for the Period 2021-2031
  • Historical Data and Forecast of Portugal Automotive Components Market Revenues & Volume By Replacement for the Period 2021-2031
  • Portugal Automotive Components Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Component
  • Market Opportunity Assessment By Demand Category
  • Portugal Automotive Components Top Companies Market Share
  • Portugal Automotive Components Competitive Benchmarking By Technical and Operational Parameters
  • Portugal Automotive Components Company Profiles
  • Portugal Automotive Components Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Portugal Automotive Components Market Overview

3.1 Portugal Country Macro Economic Indicators

3.2 Portugal Automotive Components Market Revenues & Volume, 2021 & 2031F

3.3 Portugal Automotive Components Market - Industry Life Cycle

3.4 Portugal Automotive Components Market - Porter's Five Forces

3.5 Portugal Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Portugal Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F

3.7 Portugal Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F

4 Portugal Automotive Components Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight automotive components to improve fuel efficiency and reduce emissions

4.2.2 Growing focus on electric and hybrid vehicles, driving the need for specialized automotive components

4.2.3 Favorable government policies promoting the automotive industry in Portugal

4.3 Market Restraints

4.3.1 Fluctuating raw material prices impacting manufacturing costs

4.3.2 Intense competition from international automotive component suppliers

4.3.3 Uncertainty in global economic conditions affecting consumer spending on vehicles

5 Portugal Automotive Components Market Trends

6 Portugal Automotive Components Market Segmentations

6.1 Portugal Automotive Components Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Portugal Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F

6.1.3 Portugal Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F

6.1.4 Portugal Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F

6.1.5 Portugal Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F

6.1.6 Portugal Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F

6.1.7 Portugal Automotive Components Market Revenues & Volume, By OTR, 2021-2031F

6.2 Portugal Automotive Components Market, By Component

6.2.1 Overview and Analysis

6.2.2 Portugal Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F

6.2.3 Portugal Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F

6.2.4 Portugal Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F

6.2.5 Portugal Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F

6.2.6 Portugal Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F

6.2.7 Portugal Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F

6.3 Portugal Automotive Components Market, By Demand Category

6.3.1 Overview and Analysis

6.3.2 Portugal Automotive Components Market Revenues & Volume, By OEM, 2021-2031F

6.3.3 Portugal Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F

7 Portugal Automotive Components Market Import-Export Trade Statistics

7.1 Portugal Automotive Components Market Export to Major Countries

7.2 Portugal Automotive Components Market Imports from Major Countries

8 Portugal Automotive Components Market Key Performance Indicators

8.1 Proportion of revenue invested in research and development for innovative automotive components

8.2 Number of partnerships or collaborations with electric vehicle manufacturers

8.3 Percentage of market share in the electric or hybrid vehicle segment

8.4 Average lead time for new product development and launch

8.5 Rate of adoption of sustainable manufacturing practices in the production of automotive components

9 Portugal Automotive Components Market - Opportunity Assessment

9.1 Portugal Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Portugal Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F

9.3 Portugal Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F

10 Portugal Automotive Components Market - Competitive Landscape

10.1 Portugal Automotive Components Market Revenue Share, By Companies, 2024

10.2 Portugal Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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