The Electricity Distribution or Control Apparatus Parts Market in France displayed fluctuating growth from 2012 to 2022. It started with a negative dip in 2012 by -6.58%, followed by modest annual increases in 2013 at 1.39% and 2014 at 3.54%. The market experienced a slight decline in 2015 at -2.5%, then observed a significant rise in 2016 by 9.08%. The peak growth was noted in 2017 with a remarkable 19.34% increase, leading to steady but lower growth rates in the subsequent years. Between 2018 and 2021, the market faced varied trends with minor declines only in 2019, rebounding in 2020 to grow by 6%, 2021 by 5.66%, and 2022 by 0.5%. The compound annual growth rate (CAGR) over the last 5 years was 5.19%, reflecting a moderate upward trend post-2019.
Looking ahead to 2024 and beyond, several factors merit close attention. These include technological advancements in smart grid systems, increased investments in renewable energy infrastructure, and the impact of regulatory changes aimed at promoting energy efficiency and sustainability. Monitoring these trends will be crucial to understanding future market dynamics.
How does France rank in Electricity Distribution or Control Apparatus Parts Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,795,000,000 | 2023 | +1.8% | -1.02% | View data |
| 2 | 2 France | 1,679,800,000 | 2023 | +2.75% | +1.19% | |
| 3 | 3 United Kingdom | 1,192,400,000 | 2023 | +1.14% | -0.18% | View data |
| 4 | 4 Poland | 960,890,000 | 2023 | +2.64% | +3.59% | View data |
| 5 | 5 Portugal | 373,130,000 | 2023 | +1.84% | +2.57% | View data |
