In 2024, the forecast indicates 75 enterprises in the Machinery for Mining, Quarrying and Construction sector in France, down from its 2023 actual figure of 78. A steady decline is projected through 2028, marking a compound annual growth rate (CAGR) of approximately -5.3% from 2024 to 2028. The data shows a consistent year-on-year decrease in enterprise numbers, signaling a shrinking sector.
Future trends to watch for:
- Potential market consolidation leading to fewer enterprises but possibly larger in scale.
- Emergence of technological innovations or regulations could influence sector dynamics.
- Impact of broader economic or geopolitical factors on mining and construction demand.