The sold production of installation services for industrial machinery and equipment in France experienced fluctuations from 2013 to 2023. In 2023, it was valued at approximately €12.79 Billion, reflecting a slight positive growth compared to previous years. Year-on-year variation shows significant fluctuations, including a notable drop in 2015 and 2016, followed by a rebound in 2017. The period from 2018 to 2020 displayed minor declines, particularly around the COVID-19 pandemic, but recovery ensued in subsequent years, culminating in a 0.97% increase in 2023. The compound annual growth rate (CAGR) over the last five years stood at 1.09%, indicating modest average growth. Future forecasts suggest steady growth, with a CAGR of 0.72% projected over the next five years, reaching an estimated value of €13.386 Billion by 2028.
Future trends to watch for include:
- Increased automation and technological advancements driving demand for installation services.
- Shifts in regulatory and environmental standards potentially influencing market dynamics.
- The impact of global supply chain changes and economic factors on industrial investments in France.
