In 2023, the market size for indicator panels with liquid crystal devices or light-emitting diodes in France was estimated at 375 million Euros. The forecast data from 2024 to 2028 shows a modest year-on-year growth trend. From 2024 to 2025, the market is expected to grow by approximately 0.51%, while the increase from 2025 to 2026 is forecasted at about 0.50%. The projected growth rate from 2026 to 2027 is around 0.49%, and for 2027 to 2028, approximately 0.49%. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 0.50%.
Future trends to watch for include:
- Technological advancements in liquid crystal and LED technologies enhancing product offerings.
- Increased demand driven by smart technology integration in automotive and consumer electronics.
- Potential economic fluctuations impacting consumer spending and industrial investments.