In 2023, the market size value of Lifts, Skip Hoists, Escalators, and Moving Walkways in France stood at 435.52 million euros. Over the previous two years, the market showed modest growth with a year-on-year increase of 1.56% in 2022 and 1.5% in 2023. Analyzing a longer span, a five-year compound annual growth rate (CAGR) from 2018 to 2023 was 2.27%. This period illustrates recovery and steady growth following a decline in 2020.
Future trends to watch:
- The impact of technological advancements such as smart buildings integrating IoT for operational efficiency.
- Increased demand driven by the expansion of urban infrastructure and governmental policies promoting sustainable urbanization.
- The influence of sustainability trends, as EU mandates for energy efficiency accelerate market innovation.
How does France rank in Lifts, Skip Hoists, Escalators and Moving Walkways Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 474,760,000 | 2023 | +0.89% | +1.31% | View data |
| 2 | 2 France | 435,520,000 | 2023 | +1.5% | +2.27% | |
| 3 | 3 United Kingdom | 249,340,000 | 2023 | +1.71% | +0.74% | View data |
| 4 | 4 Finland | 231,920,000 | 2023 | +2.11% | +5.9% | View data |
| 5 | 5 Czech Republic | 174,920,000 | 2023 | +3.62% | +0.38% | View data |
