The forecast for Switzerland’s motor vehicles, motorcycles wholesale, retail, and repair output indicates a steady increase in value from 2024 to 2028. The output is projected to rise from 13.71 billion Euros in 2024 to 14.5 billion Euros in 2028. This represents a compounded annual growth rate (CAGR) of approximately 1.4% over the five-year forecast period. In 2023, the value stood at 13.51 billion Euros. Year-on-year growth rates show a consistent increase, with 1.5% in 2024, 1.5% in 2025, 1.4% in 2026, and 1.3% in both 2027 and 2028.
For future trends, watch for:
- Increased adoption of electric vehicles and advancements in related infrastructure.
- The impact of regulatory changes aimed at reducing emissions and promoting sustainable transportation.
- Technological innovations in vehicle retail and repair services, including automation and digitization.
- Potential shifts in consumer behavior favoring shared mobility over vehicle ownership.