The turnover in the manufacture of electric lighting equipment sector in France exhibited a fluctuating trend from 2013 to 2023, starting with a sharp decline of 45.73% in 2014. It saw minor positive variations between 2015 and 2017, followed by a consistent decline from 2018 onwards, culminating in a 10.33% decrease in 2023. In 2023, the turnover stood at 1.5 billion euros. The average yearly variation over the last five years (2018-2023) was -7.51%, indicating a persistent downturn.
Future trends to watch for may include:
- Increasing adoption of LED and energy-efficient lighting alternatives.
- Technological advancements in smart lighting solutions.
- Impact of regulatory changes and sustainability drives on the industry.
- Global economic factors affecting export demand.
