From 2013 to 2023, the motor vehicle wheels and parts market in Switzerland showed a trend of moderate growth, with the value per capita reaching $54.95 in 2023. Year-on-year growth was 1.32% in 2022 and 0.70% in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 was 1.41%, signaling steady market expansion.
Looking ahead, key trends to monitor include advancements in wheel technology, increased focus on sustainability in materials, and changes in vehicle electrification needs, which may further drive demand in this sector.
| # | 31 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 100.79 | 2023 | View data | ||
| 2 | 2 Finland | 96.33 | 2023 | View data | ||
| 3 | 3 Norway | 87.23 | 2023 | View data | ||
| 4 | 4 Belgium | 85.98 | 2023 | View data | ||
| 5 | 5 Austria | 72.6 | 2023 | View data | ||
| 6 | 6 Japan | 62.86 | 2023 | View data | ||
| 7 | 7 Switzerland | 54.95 | 2023 | |||
| 8 | 8 United Kingdom | 49.2 | 2023 | View data | ||
| 9 | 9 France | 47.59 | 2023 | View data | ||