From 2013 to 2013, the production value of construction of railways and underground railways in France showed significant volatility. In 2023, the value stood at 1.32 billion euros. Notably, from 2013 to 2017, there was an erratic trend, with a peak in 2017 and a sharp drop in 2018. The period from 2021 to 2023, however, experienced a consistent increase in production value, with a year-on-year growth of 4.92% in 2023 and a CAGR of 16.13% from 2018 to 2023. Between 2024 and 2028, the forecast indicates a steady increase, with an average annual growth (CAGR) of 1.65% over the coming five years.
Future trends to watch for:
- Increased investments in sustainable and eco-friendly rail solutions.
- Growth in infrastructure projects driven by urbanization and government policies.
- Potential impact of technological advancements on cost-efficiency and construction timelines.
