{"product_id":"france-construction-market-size-trend-analysis-by-sector-competitive-landscape-and-forecast-2023-2027","title":"France Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast, 2023-2027","description":"\u003cp\u003eFrance Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast, 2023-2027\u003cbr\u003e\nSummary\u003c\/p\u003e\n\n\u003cp\u003eGlobalData forecasts that the French construction industry will contract by 2.4% and 1.3% in 2023 and 2024, respectively, with high inflation and rising interest rates hitting investment. The residential construction sector will face a particularly steep downturn, contracting by 6.2% in 2023 and 5.3% in 2024, given the recent sharp fall in leading indicators. According to the National Institute of Statistics and Economic Studies (INSEE), the total number of dwelling units authorized in the country fell by 31.9% year on year (YoY) in the first half of this year, following growth of just 0.3% in 2022.\u003c\/p\u003e\n\n\u003cp\u003eThe industry's output is expected to start to regain growth momentum from 2025, with growth set to average 2.4% between 2025 and 2027, supported by the government's long-term goals of expanding transport networks and achieving carbon neutrality by 2050. To achieve this, the government intends to build six new nuclear reactors totalling 25GW, increasing the total number of nuclear reactors from 56 in April 2023 to 62 by 2036. In addition, as part of the broad plan ‘France Nation verte”, the French Prime Minister announced in May 2023 a plan to invest EUR100 billion ($102.1 billion) in the expansion and upgrading of the rail network by 2040.\u003c\/p\u003e\n\n\u003cp\u003eThe report provides detailed market analysis, information and insights into the French construction industry, including -The French construction industry's growth prospects by market, project type and construction activityCritical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the French construction industryAnalysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.Scope\u003c\/p\u003e\n\n\u003cp\u003eThis report provides a comprehensive analysis of the construction industry in France. It provides -Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in France, featuring details of key growth drivers.Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sectorAnalysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.Listings of major projects, in addition to details of leading contractors and consultantsReasons to BuyIdentify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.Assess market growth potential at a micro-level with over 600 time-series data forecasts.Understand the latest industry and market trends.Formulate and validate strategy using GlobalData's critical and actionable insight.Assess business risks, including cost, regulatory and competitive pressures.Evaluate competitive risk and success factors.\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"September, 2023 \/ 49 Pages \/ MCW16213873","offer_id":47616268632370,"sku":null,"price":1794.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/france-construction-market-size-trend-analysis-by-sector-competitive-landscape-and-forecast-2023-2027","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}