Forecast: Natural Gas Final Consumption in Transport Equipment Sector in France

The forecast for natural gas final consumption in the transport equipment sector in France indicates a consistent but modest growth from 2024 to 2028, with consumption values increasing from 4.47 to 4.67 thousand gigawatt-hours. The year-on-year growth reflects a steady annual increment of approximately 1.12%. This gradual increase suggests a stable demand trend for natural gas as a fuel source within the sector, showing an average annual growth (CAGR) of approximately 1.12% over these five years, assuming the 2023 consumption was similar or slightly lower given the patterns.

Future trends to watch for include:

  • Technological advancements in alternative fuels, which could impact natural gas demand.
  • Policy developments regarding emissions reduction and transport fuel regulations.
  • The rate of adoption of natural gas vehicles in France, as this could alter forecasts.

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