In 2023, the sold production of drop forged steel parts for locomotives, rolling stock, aircraft, and spacecraft in France was 147.8 million euros. The forecast indicates a gradual decrease over the five-year horizon, with the value expected to drop to 133.72 million euros by 2028. The year-on-year percentage variation shows a consistent decline, averaging around 2% each year. The compound annual growth rate (CAGR) for this period is expected to be negative, reflecting the downward trend in production.
Future trends to watch for include potential shifts in demand due to advancements in alternative materials, changes in transportation technology, and possible regulatory impacts on the aerospace and rail industries, which could influence production volumes and market dynamics.
