In 2023, the value added of motor vehicles in Finland was approximately €841.0 million. From 2024 through 2028, the sector is forecasted to experience consistent growth. Year-on-year variations show a steady increase: 4.4% from 2024 to 2025, 4.1% from 2025 to 2026, 4.1% from 2026 to 2027, and 3.5% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year forecast period is 4.2%, indicating robust and sustained growth in the industry.

Future trends to watch for:

Technological advancements in electric vehicles (EVs) and autonomous driving, which could further drive growth.
Government policies and incentives promoting greener transportation options.
Global supply chain dynamics and potential impacts from international trade relations.