As of 2023, France imported 99.16 thousand units of generator sets with spark-ignition internal combustion piston engines with an output less than 7.5 kVA. From 2024 to 2028, imports are forecasted to steadily increase to 101.14 thousand units, reflecting a consistent year-on-year growth of approximately 0.40% to 0.39%. The five-year compound annual growth rate (CAGR) is anticipated to be modest at around 0.39%, indicating gradual growth in the market.
Future trends to watch for:
- The impact of France's potential transition towards renewable energy sources, which may influence demand patterns for traditional generator sets.
- Technological advancements in alternative energy solutions, which could rapidly alter the competitive landscape.
- Economic conditions and regulatory changes that may affect import dynamics and cost structures.
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