In 2023, the Motor Vehicle Transmissions Market Size in South Africa reached a value of $3.57 per capita. The data over the past decade shows fluctuations, with a noticeable decline from 2013 to 2016, followed by a modest rebound and subsequent fluctuations until 2023. The year-on-year variation from 2022 to 2023 was a slight decrease of around 1.38%. Furthermore, the compound annual growth rate (CAGR) over the past five years indicates an average annual growth rate of approximately 1.93%.
Future trends to watch for include the impact of technological advancements in transmission systems, the transition towards electric vehicles, and economic factors that may affect consumer spending and vehicle production rates in South Africa.
| # | 24 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 211.88 | 2023 | View data | ||
| 2 | 2 United Kingdom | 167.95 | 2023 | View data | ||
| 3 | 3 Belgium | 136.67 | 2023 | View data | ||
| 4 | 4 Spain | 114.61 | 2023 | View data | ||
| 5 | 5 South Korea | 83.57 | 2023 | View data | ||
| 15 | 15 Ecuador | 3.84 | 2023 | View data | ||
| 16 | 16 Barbados | 3.74 | 2023 | View data | ||
| 17 | 17 South Africa | 3.57 | 2023 | |||
| 18 | 18 Uruguay | 3.48 | 2023 | View data | ||
| 19 | 19 Costa Rica | 2.66 | 2023 | View data | ||
