In 2023, the production value of positive displacement rotary pumps in France stood at 100 million euros. The annual growth rate is expected to be 1.6% in 2024, 1.6% in 2025, 1.6% in 2026, 1.5% in 2027, and 1.5% in 2028. The compound annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is projected at approximately 1.56%, indicating steady growth in production value.
Future trends to watch for include:
- Potential impacts of technological advancements in pump efficiency.
- Changes in regulatory policies affecting the manufacturing processes.
- Fluctuations in industrial demand within France and the broader EU market.