The number of enterprises in the electrical equipment and electronics sector in France is projected to decline steadily from 2024 to 2028. In 2023, the sector comprised approximately 1.86 thousand enterprises. The year-on-year decrease from 2023 to 2024 is about 2.69%, with subsequent annual reductions observed at a similar rate, eventually reaching 1.61 thousand enterprises in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is around -2.86%, highlighting a consistent downward trend.
Future trends to watch for:
- Technological advancements requiring smaller, more specialized enterprises could reshape the sector’s landscape.
- Increased automation and productivity gains might reduce the total number of enterprises.
- Emerging regulatory requirements and sustainability initiatives could impact business operations and sector structure.
- Potential for industry consolidation as companies seek economies of scale to remain competitive.