London, 25 June 2015: Technavio, the independent tech-focused global research firm, has published a report on the construction market in France 2015-2019, which is estimated to grow at a CAGR of 2.47% during 2014-2019.
The government initiatives directed at lowering nuclear energy consumption is expected to fuel investments in renewable energy construction projects. Moreover, the easing of construction regulations, increased traction of PPP model, and ease of availing home loans will propel overall market growth in the country.
“With rising concerns over energy consumption by buildings and the resulting environmental impact, as well as an increase in energy prices, the demand for energy-efficient green buildings is gaining traction in France,” says Faisal Ghaus, Vice President of Technavio.
“These buildings are constructed using eco-friendly materials that cause low environmental damage. Green roofing acts as an insulator and lowers the level of energy consumed by buildings.
Key Market Drivers
- Modification of PTZ+ Scheme
- Increase in Private Investment
- Growing Investment in Transport Infrastructure
Key Market Trends
- Increased Construction of Green Buildings
- Growing Investment in Renewable Energy Infrastructure
- Use of BIM in Residential Construction
Key Market Vendors
- Altarea Cogedim
- Bouygues
- Eiffage Construction
- Fayat Group
- VINCI
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
