The turnover for the installation of industrial machinery and equipment in France has seen notable fluctuation over the past decade. After peaking in 2014, it experienced a downward trend, with minor recoveries in 2018 and 2021. However, the turnover remained predominantly declining, reaching €12.54 billion in 2023. This represents a year-on-year decrease of 0.94% and an average annual decrease (CAGR) of 1.47% over the past five years.
The forecast from 2024 to 2028 suggests a continued decline, albeit at a slowed rate, with a predicted CAGR of -0.75%. By 2028, the industry's turnover is projected to drop to €11.96 billion, marking a 3.71% decrease over the five-year forecast period.
Future trends to watch for include:
- Adoption of advanced automation technologies
- Impact of global economic conditions on industrial investment
- Shifts in manufacturing demand across key sectors
- Potential policy changes in France and the EU affecting industrial operations
