The number of enterprises in the manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus sector in France is projected to decrease steadily from 435 in 2024 to 365 in 2028. Compared to 2023, the trend signifies a contraction in the sector by approximately 3.5% year-on-year. Over the next five years, a compound annual growth rate (CAGR) of -3.4% is expected, reflecting an ongoing decline in the number of enterprises operating within this industry.
Future trends to watch for include:
- The impact of technological advancements and digitalization on enterprise sustainability.
- Potential regulatory changes influencing the sector.
- Shifts in the global supply chain and their effects on French enterprises.