Meanwhile, Corinne Diacre's side have already made history by reaching their first European Championship semi-final, but they still have dreams of clinching a place in the Women's Euro 2022 final.
Match preview
Germany have been in impressive form throughout the tournament, scoring 11 goals in their four games, while they are yet to concede.
They began the tournament with a 4-0 win over Denmark before Spain and Finland were also brushed aside as Germany eased to top spot.
Austria awaited the eight-time European champions in the quarter-final, and they made a fine start, with Lina Magull opening the scoring in the 25th minute.
Although they face a fight back from Austria - who hit the woodwork on a number of occasions - Germany held firm before Alex Popp benefitted from a Manuela Zinsberger mistake to wrap up a 2-0 victory.
After negotiating a tricky quarter-final tie, the record European Championship winners will look forward to Wednesday's semi-final where they have the chance to maintain their unbeaten record against France at major tournaments.
Martina Voss-Tecklenburg's side will also draw confidence from the fact they have won they are unbeaten in their previous six European Championship semi-finals.
While Germany are aiming to win their ninth European Championship trophy, France are dreaming about winning a major tournament for the first time.
In contrast to their opponents, France conceded in every group game, but their quality in attack ensured they progressed to the quarter-finals with minimal fuss.
Italy were dispatched by a comprehensive 5-1 scoreline before France clinched a narrow 2-1 victory over Belgium to guarantee top spot in their group after two games.
A 1-1 draw with Iceland completed the group stage, and another cagey contest awaited in the quarter-finals when France faced defending champions The Netherlands.
With the encounter still goalless after 90 minutes, the quarter-final tie was decided in extra-time where Eve Perisset held her nerve to dispatch her spot-kick in the 102nd minute after.
Diacre will now try to mastermind a win in France's first semi-final appearance at the European Championships, where they will also bid to extend an 18-game unbeaten run.
Although their head-to-head record against Germany at major tournaments leaves a lot to be desired, France may take inspiration from the 1-0 win they recorded in the most recent meeting between the two nations in June 2021.
Germany Women Women's European Championship form:
Germany Women form (all competitions):
France Women Women's European Championship form:
France Women form (all competitions):
Germany's Felicitas Rauch and Lena Oberdorf returned from suspension to start against Austria, and the pair are set to retain their places in the side, with Voss Tecklenburg expected to name an unchanged lineup.
The resilient centre-back pairing of Kathrin Hendrich and Marina Hegering will bid to keep Germany's fifth consecutive clean sheet of the tournament.
The responsibility of leading the line will fall to Popp, who has scored four goals at Euro 2022, leaving her just one strike behind tournament top scorer Beth Mead.
As for France, they are also likely to opt for continuity, with Diacre set to name an unchanged starting XI for Wednesday's contest.
Griedge Mbock will partner Wendie Renard in central defence and the pair will have their work cut out to restrict a Germany side that have scored at least two goals in every game at the tournament.
In the absence of Marie-Antoinette Katoto - who sustained an anterior cruciate ligament injury in France's second group game - a front three made up of Kadidiatou Diani, Delphine Cascarino and Melvine Malard will look to provide the goal threat.
Germany Women possible starting lineup:
Frohms; Gwinn, Hendrich, Hegering, Rauch; Magull, Oberdorf, Dabritz; Huth, Buhl, Popp
France Women possible starting lineup:
Peyraud-Magnin; Perisset, Mbock, Renard, Karchaoui; Geyoro, Bilbault, Toletti; Diani, Cascarino, Malard
We say: Germany Women 2-1 France Women
Germany have been in fine form across all areas of the pitch throughout the tournament, and we expect the record European Championship winners to draw upon their historic success at the European Championships to edge out France on Wednesday.