Report on the construction market in France 2022: in the medium and long term, the production of the industry will be supported by investments within the framework of the “France 2030” plan of 30 billion euros (36.5 billion dollars )

Dublin, May 04, 2022 (GLOBE NEWSWIRE) — The “France construction market size, trends and forecasts by sector – Analysis of the commercial, industrial, infrastructure, energy and utilities, institutional and residential market, 2020-2025” report has been added to from ResearchAndMarkets.com offer.

The French construction industry is expected to have grown by 13% in real terms in 2021, supported by a very low base in 2020, coupled with an increase in the construction of residential and non-residential buildings.

The industry is expected to grow by 3.3% in real terms in 2022, before stabilizing at an average annual growth of 2% from 2023 to 2026. However, the industry’s output could be affected by low investor confidence and short-term consumers, due to a spike in coronavirus (COVID-19) cases caused by the spread of the Omicron variant of the virus.

Additionally, declining employment levels in the construction industry and rising material costs present a potential downside risk to the industry’s output.

In the medium to long term, the industry’s output will be supported by investments under the 30 billion euro ($36.5 billion) “France 2030” plan unveiled by French President Emmanuel Macron in October 2021. 8 billion euros (9.7 billion dollars) of this financing will be invested in renewable energies, nuclear power and hydrogen; over the next nine years, the plan aims to promote the emergence of small innovative nuclear reactors with better waste management, become a leader in green hydrogen by building at least two gigafactories with electrolyzers, and decarbonize French industry reducing greenhouse gas (GHG) emissions by 35% from 2015 levels.

Additionally, 4 billion euros ($4.9 billion) is earmarked for transport and mobility, with funds allocated to help meet the government’s national production target of two million fully electric and hybrid vehicles. by 2030, as well as producing the first low-carbon aircraft by the same year. This plan comes on top of the €100 billion (US$114 billion) economic recovery plan unveiled by the government in September 2020.

Industry output over the forecast period will also be supported by public and private sector investments in housing, healthcare, transport, energy and tourism infrastructure projects, especially in view of of the next Summer Olympics in Paris in 2024. The government plans to spend 6.8 billion euros ($8 billion) to upgrade the country’s infrastructure by 2024.

The government’s plan to invest 80 billion euros ($94.4 billion) in transport infrastructure, reducing emissions and supporting energy-efficient buildings through renovation will also support industry growth in the during the forecast period.

Scope

  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction sector in France, detailing the main growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Megaproject pipeline analysis, including development stage breakdowns across all sectors, and projected spending for projects in the existing pipeline.
  • Lists of major projects, plus details of major contractors and consultants

Reasons to buy

  • Identify and evaluate market opportunities using the publisher’s standardized valuation and forecasting methodologies.
  • Evaluate market growth potential at the micro level with over 600 time series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using critical and actionable insights from the publisher.
  • Assess business risks, including costs, regulatory and competitive pressures.
  • Assess competitive risks and success factors.

Main topics covered:

1. Summary

2 Construction industry: at a glance

3 Background

3.1 Economic performance
3.2 Political and political environment
3.3 Demography
3.4 Covid-19 Status
3.5 Risk profile

4 Construction prospects

4.1 All Buildings

  • Outlook
  • Latest news and developments
  • Construction project dynamics index

4.2 Commercial construction

  • Outlook
  • Project analysis
  • Latest news and developments

4.3 Industrial construction

  • Outlook
  • Project analysis
  • Latest news and developments

4.4 Infrastructure construction

  • Outlook
  • Project analysis
  • Latest news and developments

4.5 Energy and utility construction

  • Outlook
  • Project analysis
  • Latest news and developments

4.6 Institution building

  • Outlook
  • Project analysis
  • Latest news and developments

4.7 Residential construction

  • Outlook
  • Project analysis
  • Latest news and developments

5 Key Industry Participants
5.1 Contractors
5.2 Consulting

6 Construction market data

7 Appendix

For more information on this report, visit https://www.researchandmarkets.com/r/c1zty1

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