In 2023, the production value for the Repair of Motor Vehicles and Motorcycles sector in Switzerland stood at approximately 214.34 Billion Swiss Francs. The forecasted values indicate a steady year-on-year increase as follows: 218.53 Billion in 2024, 222.39 Billion in 2025, 226.2 Billion in 2026, 229.98 Billion in 2027, and 233.72 Billion in 2028. This represents an average annual growth rate (CAGR) of about 1.74% over the five-year period.
Year-on-year variations:
- From 2023 to 2024: 1.96%
- From 2024 to 2025: 1.77%
- From 2025 to 2026: 1.71%
- From 2026 to 2027: 1.67%
- From 2027 to 2028: 1.63%
Future trends to watch for include the increasing adoption of electric vehicles, advancements in autonomous driving technology, and potential impacts from regulatory changes concerning environmental standards. These factors could influence both demand and operational costs in the repair sector.
