The market is dominated by foreign suppliers, as imports account for 97.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. France has the third largest market size for bearings, gears, and driving elements regionally, with demand reaching USD4.2 billion in 2022. Schaeffler France SAS is the largest company in France, generating 30.3% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 85.1% of total production value in 2022. The total number of companies decreases in 2022, to 371 units. The costs of the industry decrease by 6.4% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 2.4% of production value in 2022, the 20th highest regionally. The industry’s exports share increases in 2022 to 95.4% of total production output. With production value of USD2.4 billion, France accounts for 5.3% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Bearings, Gears, and Driving Elements in France: ISIC 2913. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bearings, Gears, and Driving Elements in France: ISIC 2913 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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