Forecast: Turnover in Maintenance and Repair of Motor Vehicles Sector in Switzerland

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.

Top Countries about Auto Repair