In 2023, the turnover for floating structures building and shipbuilding in France was 6.8 billion euros. Forecasts indicate growth in this sector, projecting turnover to reach 7.02 billion euros in 2024 and further increasing annually to 7.86 billion euros by 2028.
Analyzing year-on-year variations, the growth rates are:- 2024: 3.2% - 2025: 3.0%- 2026: 2.9%- 2027: 2.8%- 2028: 2.7%
The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is 2.9%, indicating steady growth in the sector.
Future trends to watch for include technological advancements in floating structures, increased demand for eco-friendly shipbuilding practices, and potential market expansion in renewable energy sector use cases such as floating wind farms. Additionally, monitoring regulatory changes in marine construction and international trade agreements will be crucial for forecasting long-term growth and opportunities.
