In 2024, the gross value added per employee full-time equivalent (FTE) in the parts and accessories for motor vehicles sector in France is forecasted to reach 96.5 thousand euros, rising from its 2023 level. By 2028, projections suggest this could increase to 106.6 thousand euros, indicating gradual annual growth. Year-on-year growth tends to be stable, with around 2.5% annually, reflecting consistent development and technological advancements in the automotive sector. Notably, the compound annual growth rate (CAGR) over the five-year forecast period (2024-2028) is approximately 2.5%, pointing towards sustained progression in productivity enhancements.
Future trends to watch include advancements in electric and autonomous vehicle technology, which may further enhance employee productivity and, consequently, gross value added. Additionally, changes in environmental regulations and shifting consumer preferences towards more sustainable vehicle options could influence sector dynamics and growth rates.
