The consumption of natural gas in the transport equipment sector in France exhibited fluctuating trends from 2013 to 2023. After starting at 4.7 Thousand Gigawatthours in 2013, consumption showed considerable year-on-year variability, including a significant dip in 2014 (-20.96%) and another decline in 2020 (-20.77%) due to external factors likely related to the COVID-19 pandemic. However, the sector evidenced resilience and recovery, with consumption standing at 4.42 Thousand Gigawatthours in 2023, marking a 5.54% increase from the previous year.
Looking ahead, consumption is forecasted to grow steadily with a 5-year CAGR of 0.86%. By 2028, the usage is expected to reach 4.67 Thousand Gigawatthours, reflecting an overall growth rate of 4.36% from 2023.
Future trends to watch for include advancements in fuel-efficient technologies, government regulations around emissions, and potential impacts from alternative energy sources. These factors can significantly influence natural gas consumption in the transport equipment sector.