In 2023, the market size for lifts, skip hoists, escalators, and moving walkways in France was positioned at 433.94 million euros. The forecasted data from 2024 to 2028 shows a steady growth trend with a compound annual growth rate (CAGR) of approximately 1.83%. The market is expected to increase from 442.61 million euros in 2024 to 469.23 million euros in 2028, reflecting consistent year-on-year growth. This moderate rise suggests a stable expansion within the industry.
Future trends to watch for include:
- Increasing urbanization and modernization of infrastructure.
- Adoption of energy-efficient and smart elevators.
- Emphasis on safety standards and regulations.
