The turnover in the Repair of Motor Vehicles and Motorcycles sector in Switzerland is expected to grow from 1.803 trillion Swiss Francs in 2024 to 1.9508 trillion in 2028, reflecting a steady upward trend. The year-on-year variations are projected to be 2.08% in 2025, 2.02% in 2026, 1.96% in 2027, and 1.90% in 2028. Calculating the Compound Annual Growth Rate (CAGR) over the five-year period indicates an average annual growth rate of approximately 2.01%.
Future trends to watch for include:
- The impact of emerging technologies such as electric vehicles and autonomous driving systems on the repair sector.
- Possible regulatory changes related to vehicle emissions and environmental standards.
- Shifts in consumer behavior towards preferring newer models and extending maintenance cycles.