The Spark Ignition Engine Automotive market in Finland for engines between 1000 and 1500cc showed a steady increase in per capita value from 2013 to 2017, peaking at $395.85. A noticeable decline occurred in 2020 at $330.7, likely impacted by the COVID-19 pandemic, but recovery was evident in 2021. By 2023, the per capita market value reached $414.02. Year-on-year growth from 2021 to 2023 was positive. The 5-year CAGR indicates moderate growth.
Future trends to watch include:
- The impact of technological advancements and environmental regulations on engine preferences.
- Consumer shift towards electric vehicles, potentially affecting spark ignition engines' demand.
- Economic factors influencing disposable income and purchasing power.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 578.27 | 2023 | View data | ||
| 2 | 2 Israel | 530.67 | 2023 | View data | ||
| 3 | 3 Finland | 414.02 | 2023 | |||
| 4 | 4 Austria | 409.3 | 2023 | View data | ||
| 5 | 5 Sweden | 380.45 | 2023 | View data | ||
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