The forecasted sold production of electricity distribution and control apparatus repair and maintenance in France shows an upward trend from 2024 to 2028. In 2023, the actual production value stood at an estimated €594 million. Year-on-year, the growth rates for 2024 and 2025 are 3.7% and 3.6%, respectively. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is calculated at approximately 3.3%, indicating a consistent rise in production value.
Future trends to watch for include:
- The increasing demand for renewable energy sources might boost the need for advanced distribution and control apparatus, leading to higher repair and maintenance services.
- Technological advancements in smart grids and IoT integration could further drive the market by creating opportunities for specialized maintenance and repair services.
