In 2023, the production volume of fuel, lubricating, or cooling-medium pumps for internal combustion engines in France was recorded at 21.8 million items. Forecasts for 2024 to 2028 show a consistent decline in production, with an average annual decrease of approximately 1.41% (CAGR) over these years. The year-on-year decrease is evident, with a decline from 1.76% in 2024 to 1.83% in 2028.
Trends to watch for in the future include:
- A continuous shift towards sustainable and eco-friendly technologies, potentially further decreasing demand for traditional internal combustion engine components.
- Potential disruptions in the supply chain or raw material availability, impacting production levels.
- Introduction of stricter environmental regulations may accelerate the decline in traditional pump production.
