From 2024 to 2028, employment in the manufacture of engines and turbines (excluding those for aircraft, vehicles, and cycles) in France is projected to see a steady increase. Beginning at 16.28 thousand employees in 2024, the sector will grow to 17.81 thousand employees by 2028, marking a compound annual growth rate (CAGR) of approximately 2.25%. This upward trend suggests a positive outlook for the sector, driven by technological advancements and increased energy demand.
Future trends to watch for:
- Impact of renewable energy technologies and their integration into traditional turbine manufacturing.
- Potential regulatory changes affecting the industry.
- Evolution of fossil fuel alternatives and how they influence employment in engine manufacturing.
- Automation and digitalization advances affecting productivity and employment levels.