The Electricity Distribution and Control Apparatus market in France experienced fluctuations between 2012 and 2022. From a value of 4.0699 billion Euros in 2012, the market size saw a decline in the following two years, dropping to 3.8398 billion Euros in 2013. However, it rebounded in 2014 to 4.6911 billion Euros, a 22.17% increase. Subsequent years exhibited a mix of slight increases and decreases, notably a 5.2% decline in 2015 and a 7.47% drop in 2019. Despite these variations, the market partly recovered with a 4.98% growth in 2021, reaching 4.1767 billion Euros in 2022, though it saw a minor decrease of 0.26% from the previous year. The Compound Annual Growth Rate (CAGR) over the last five years from 2018 to 2022 reflects an average annual decline of 1.34%, indicating a slight downward trend.
Future trends to watch for in this market will include advancements in technology, increased demand for renewable energy integration, and government policies promoting sustainable energy infrastructure. The transition towards smart grids and digital solutions for electricity distribution and control will be pivotal in shaping market dynamics. As we enter 2024, monitoring these factors will provide insights into potential market growth and emerging opportunities.
How does France rank in Electricity Distribution and Control Apparatus Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,875,000,000 | 2023 | +1.05% | +0.12% | View data |
| 2 | 2 France | 4,155,000,000 | 2023 | -0.26% | -1.24% | |
| 3 | 3 Italy | 3,992,400,000 | 2023 | +1.63% | -1.72% | View data |
| 4 | 4 Spain | 2,445,800,000 | 2023 | +3.07% | +0.2% | View data |
| 5 | 5 Austria | 2,061,000,000 | 2023 | +3.51% | +1.48% | View data |
