The turnover in the Manufacture of Lifting and Handling Equipment sector in France is projected to reach 11.02 billion Euros by 2028, up from 10.03 billion Euros in 2024. This represents a compound annual growth rate (CAGR) of approximately 2.37% over the five-year forecast period. In 2023, the turnover for this sector stood at 9.78 billion Euros, indicating a year-on-year growth rate of around 2.56% for 2024 and maintaining a steady increase each year thereafter.
Future trends to watch for include advancements in automation and smart technologies, which could drive further growth in this sector. Additionally, sustainability initiatives and regulatory changes might influence market dynamics, increasing demand for more efficient and environmentally friendly lifting and handling solutions.
