Forecast: Production in Construction of Roads and Railways Sector in France

The production in the construction of roads and railways sector in France has shown significant year-on-year variability between 2013 and 2023. The value stood at 40.84 billion Euros in 2023 after a 6.56% growth from the previous year. This follows a notable increase in 2020, with a 56.54% year-on-year change, attributed to heightened infrastructure investments during that year. Over the last five years, the sector exhibited a Compound Annual Growth Rate (CAGR) of 5.91%, highlighting steady growth despite the interim fluctuations.

Looking forward, forecasts indicate an optimistic trend with the sector expected to grow at a 4.13% CAGR from 2024 to 2028, resulting in a 22.42% overall growth rate by the end of the period. This suggests a promising outlook driven by continued infrastructure expansion and modernization efforts.

Future trends to watch for include the adoption of sustainable construction practices, increased investment in smart transportation networks, and the impact of regulatory policies favoring green infrastructure projects. Additionally, technological advancements in construction methodologies and materials will also play a crucial role in shaping the sector's future trajectory.