The import of fluid power equipment to France is expected to grow steadily from 2024 through 2028, starting from 16.763 million kilograms in 2024 to reaching 18.327 million kilograms by 2028. This marks a consistent year-on-year increase of around 2.4% to 2.5% annually since 2023. This gradual rise reflects a solid demand trajectory in the fluid power equipment sector. The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 2.4%.
Future trends to watch for include:
- The impact of advancements in industrial automation on demand for fluid power equipment.
- Sustainability measures affecting the production and import practices.
- Potential disruptions in global supply chains influencing import volumes.
- European Union policies and regulations steering technological upgrades or innovations.