In 2023, the road freight volume for the electrical installation sector in France was at 91,000 journeys. The forecasted data from 2024 to 2028 show a declining trend. Specifically, the volume is predicted to decrease from 84,000 journeys in 2024 to 11,000 journeys by 2028. Year-over-year, the volume is expected to drop by significant percentages: approximately 23.8% by 2025, followed by a continual decrease of 28.1% by 2026, 39.1% by 2027, and 60.7% by 2028. On average, the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is an alarming decline of 38.3% per year.
Future trends to monitor in this sector include:
- The impact of technological advancements on transportation efficiency.
- Environmental regulations potentially altering conventional transport methods.
- Shifts in the electrical installation sector's demand influenced by global and local economic conditions.