From 2013 to 2023, the motor vehicle transmissions market size value per capita in New Zealand displayed a fluctuating trend. The value was highest in 2016 at $15.47, with a decline observed during 2017-2020, reaching a low of $11.03 in 2020. Following a recovery in 2021, the value per capita stabilized, closing at $13.04 in 2023. Over the last two years, the market experienced modest fluctuations, maintaining relative stability. The average annual change over the last five years was minimal.
Future trends to monitor include the impact of increasing electric vehicle adoption, which may influence transmission demand and technology shifts towards more advanced hybrid systems, potentially affecting the market dynamics and value per capita in New Zealand.
How does New Zealand rank in Motor Vehicle Transmissions Market Size Value Per Capita?
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 211.88 | 2023 | View data | ||
| 2 | 2 United Kingdom | 167.95 | 2023 | View data | ||
| 3 | 3 Belgium | 136.67 | 2023 | View data | ||
| 4 | 4 Spain | 114.61 | 2023 | View data | ||
| 5 | 5 South Korea | 83.57 | 2023 | View data | ||
| 8 | 8 Norway | 19.07 | 2023 | View data | ||
| 9 | 9 Estonia | 15.44 | 2023 | View data | ||
| 10 | 10 New Zealand | 13.04 | 2023 | |||
| 11 | 11 Switzerland | 12.92 | 2023 | View data | ||
| 12 | 12 Australia | 10.68 | 2023 | View data | ||
