Measuring Instrument Market Overview in France
In value terms, measuring instrument production skyrocketed to $ in 2019 estimated in export prices. Over the period under review, production, however, posted buoyant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.
The size of the measuring instrument market in France rose sharply to $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed measured growth. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.