In 2023, the actual sold production of Semiconductor Light Emitting Diodes (LEDs) in France stood at 352.09 thousand items. The forecast for subsequent years indicates a stable and minimal year-on-year growth: 0.01% for 2024 (352.12 thousand items), 0.01% again for 2025 (352.15 thousand items), continuing this trend through to 2028 where the production is valued at 352.24 thousand items. The overall 5-year CAGR from 2024 to 2028 is expected to be approximately 0.01%, indicating an industry characterized by high stability but low growth.
Future trends to watch for in the LED market in France include potential advancements in LED technology, increasing demand for energy-efficient lighting, and market shifts towards smart lighting solutions. Monitoring these factors could provide critical insights into fluctuations that may impact production volumes down the line.
