In 2023, the turnover in the Maintenance and Repair of Motor Vehicles sector in Switzerland stood at 25.96 Billion Swiss Francs. The forecasted data from 2024 to 2028 indicate a gradual decline, with values decreasing from 25.69 Billion Swiss Francs in 2024 to 24.63 Billion Swiss Francs by 2028. The year-on-year percentage variation over the last two years demonstrates a downward trend of -1.04% from 2024 to 2025 and -1.02% from 2025 to 2026. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows an average annual decrease of approximately -1.00%.
Future trends to watch for:
- Advancements in vehicle technology and its impact on traditional maintenance and repair services.
- Potential increase in electric vehicles, which may require different service skill sets and fewer repairs.
- Shifts in consumer behavior towards car ownership and usage that could affect the demand for maintenance services.