In 2023, the actual sold production of fluid power equipment in France was approximately 1.286 billion Euros. From 2024, forecasts show a steady year-on-year increase in production value, rising from 1.3006 billion Euros in 2024 to 1.3576 billion Euros in 2028. The annual growth rate is about 1.12% on average over the 5-year period. This gradual increase indicates a consistent demand for fluid power equipment in France despite global economic challenges. The compounding annual growth rate (CAGR) is positive, signaling stable market health.
Future trends to watch for:
- Technological advancements driving efficiency in fluid power equipment.
- Environmental regulations influencing design and production methods.
- Increased demand from industries such as automotive and construction.
- Potential disruptions due to supply chain and geopolitical factors.
