Forecast: Renewables and Biofuels Final Consumption in Transport Equipment Sector in France

This forecast examines the final consumption of renewables and biofuels in the transport equipment sector in France from 2024 to 2028. In 2023, consumption was at 10.5 thousand tonnes of oil equivalent. The data reveals a steady increase from 11.15 in 2024 to 13.9 by 2028, representing an average annual growth rate of approximately 5.63% over the five-year period. The year-on-year variations indicate progressive growth: 6.19% in 2025, 5.83% in 2026, 5.42% in 2027, and 5.21% in 2028.

Future trends to watch for include advancements in renewable technologies and enhanced biofuel efficiency that may further accelerate growth. Additionally, policy changes, especially those favoring green energy and emissions reduction, could significantly impact the sector's trajectory.

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