In 2023, the number of enterprises in the manufacture of electrical equipment sector in France stood at 1.86 thousand. The forecast data indicates a consistent downward trend, decreasing from 1.81 thousand in 2024 to 1.61 thousand in 2028. This represents an annual decline between 2.7% to 2.8% from 2024 to 2028, with a CAGR of approximately -3% over the five-year period, highlighting a significant contraction within the industry.
Future trends to watch for include potential industry consolidation, shifts in global supply chain dynamics, advancements in technology, and government policy changes aimed at boosting domestic manufacturing. There may also be opportunities in renewable energy and smart grid technologies, which could influence future enterprise growth and transformation in the sector.
