In 2023, the turnover in the manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus sector in France stood at 16.47 billion euros. Forecast data suggests steady growth, with a turnover expected to rise annually from 2024 to 2028, reaching 17.34 billion euros. The year-on-year growth rate is approximately 1.08% for this period. The compound annual growth rate (CAGR) over the forecast period is estimated at around 1.05%.
Future trends to watch for include:
- Increased investment in renewable energy infrastructure.
- Advancements in electrification and digitalization of energy systems.
- Potential impacts of EU regulatory changes aimed at sustainability.
