The gross investment in the manufacture of fluid power equipment sector in France has experienced significant fluctuations over the last decade, with values dramatically shifting year-on-year. From 2013 to 2023, the sector saw notable peaks and troughs, with 2017 seeing an unprecedented spike, followed by steep declines. As of 2023, the investment stood at 45.1 million Euros, marking a decreasing trend with a yearly drop of 6.82% from the previous year. The recent five-year CAGR indicates an average annual decrease of 4.04%.
Key variations over the last two years show a consistent decline, posting -6.2% in 2022 and -6.82% in 2023. Looking ahead, the forecast suggests a sustained downward trajectory, with the investment expected to decrease further, reaching 29.3 million Euros by 2028. This translates to a forecasted five-year CAGR of -6.9% and an overall decline of 30.07% from 2023 levels.
Future trends to watch for include:
- Continued technological advancements and automation which might influence investment needs.
- Potential economic factors and policy changes in France impacting the manufacturing sector.
- Global market dynamics and supply chain shifts which may affect fluid power equipment manufacturing investments.
