The fluid power equipment sector in France experienced a turnover of 870 million euros in 2023. Forecasted data from 2024 to 2028 indicate a consistent decline in turnover, starting at 814.2 million euros in 2024 and decreasing to 592.9 million euros by 2028. The year-on-year declines reflect significant drops such as -6.9% from 2024 to 2025, and a similar downward trend continues through to 2028. The compound annual growth rate over these five years suggests a negative average annual growth, indicating ongoing challenges for the sector.
Future trends to watch for:
- Technological advancements in production processes to improve efficiency.
- Adaptation to increasing competition and global market shifts.
- Potential impact of regulatory changes and environmental sustainability initiatives.