Market Size of France Transportation Infrastructure Construction Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Transportation Infrastructure Construction Market Analysis
France's Transportation Infrastructure Construction Market is expected to register a CAGR of more than 4% during the forecast period (2022-2027).
The COVID-19 pandemic severely impacted the transportation infrastructure sector. Construction works were halted during the lockdowns, raising unemployment among transportation workers. Also, transit services declined, and the sector was impacted directly and indirectly due to social distancing factors.
France has about 2,600 kilometers of high-speed lines, with the fourth rank in the world. The TGV network in the country carries more than 110 million passengers annually. In April 2021, the French parliament passed a bill to ban domestic short-haul flights that can be reached by train within 2.5 hours, which raised the demand for the extension of high-speed lines in the country. The French government is considering building four new railway lines: The Barreau de Massy, Montpellier-Perpignan, Bordeaux-Toulouse, and Marseille-Nice.
France Announced a new highway project plan in 2021. The work is for the North-West intercommunal link (Lino) project. The authorities have approved the work in the city of Lille. This project improves transportation facilities in Northern France, boosting connectivity with neighboring Belgium and improving traffic safety in the area. Furthermore, this project is handled in three faces with 12 kilometers stretch. It also planned a interchange on A25 route as part of the project, costing around EUR 85 million.
