In 2023, the final consumption of renewables and biofuels in the transport equipment sector in France was significantly lower than forecasted figures from 2024 onwards. From 2024 to 2028, the sector anticipates consistent growth, with a steady increase in consumption as evidenced by year-on-year growth projections. Specifically, the trend reveals a promising annual growth rate, with expected consumption reaching 161.6 GWh by 2028. The compound annual growth rate (CAGR) over the five-year forecast period is robust, indicating a sustained upward trend in the sector.

Future trends to watch for include:

Technological advancements in biofuel efficiency.
Policy changes at the national and EU level that could impact biofuel incentives and regulations.
Market dynamics such as emerging competitors or shifts in consumer preferences toward sustainability.
Supply chain developments influencing renewable energy sourcing and distribution.