The sold production of electrical motors and generators parts in France has shown significant fluctuations from 2013 to 2023. Initially, there was a sharp decline in the early years, with the value dropping from 134.92 million Euros in 2013 to 83.444 million Euros in 2015. However, starting from 2016, there was a noticeable recovery with the values steadily increasing, culminating in 186.58 million Euros in 2023. Year-on-year variations showed significant swings, with notable increases in 2016 (36.04%) and 2018 (19.09%), and stable growth in recent years at 3.06% in 2023. The compound annual growth rate (CAGR) over the last five years leading up to 2023 is 4.89%.
Forecasted data suggests continued growth, with an expected value of 213.48 million Euros by 2028. The forecasted CAGR for the next five years stands at 2.14%, indicating a stabilized growth trend. Key trends to watch for include continued technological advancements in electrical motor and generator parts, the impact of green energy technologies, and the regulatory environment in the EU which could drive further market growth.
