In 2023, the sold production of engines and turbines (excluding aircraft, vehicle, and cycle engines) in France was X billion euros. The forecast suggests a steady decline from 2024 to 2028, with values decreasing from 1.2522 billion euros in 2024 to 1.0836 billion euros in 2028. This represents a year-on-year decrease; the most substantial decline occurs in 2024 to 2025, at approximately 3.41%. The five-year compound annual growth rate (CAGR) indicates an average annual contraction of around 3.68%.
Future trends to watch for:
- Technological advancements could potentially offset declines by creating more efficient engines and turbines.
- Regulatory changes regarding emissions and environmental impact might influence production and demand.
- Global economic fluctuations and competition could significantly affect market dynamics and growth potential.
