The Future of Construction in France

This report is the result of our extensive market, company and deals research covering France construction market. It provides detailed segmentation of historic and forecast construction sales, segmented down to market and category level; analysis of the leading French companies in the construction market; and analysis of the key financial deals involving construction players in France. “The Future of Construction in France” provides both top-level overview and detailed market and category and company-specific insights into France’s construction industry environment. It is an essential tool for companies active across France’s construction value chain and for new players considering entering France’s construction market.

Construction Market Trends

- Some boom and bust: During the four year period from 2004-07, French households benefited from low interest rates and easier access to credit for mortgages; extended loan durations; and lower down-payment requirements. However, the global recession led to a decline in construction value during 2008. However, France was less badly affected than many countries, with the economy returning to growth of 0.3% in the third quarter of 2009.

- Stimulus package: President Nicolas Sarkozy has unveiled a €26.0 billion (US$32.9 billion) stimulus plan for the faltering French economy. The stimulus plan allocated €10.5 billion (US$15.4 billion) for infrastructure, research, and support for local authorities. This plan included €4.0 billion (US$5.8 billion) investment for state-owned rail, energy, and including a focus to speed up projects such as a fast speed train link in western France.

Construction Equipment Trends

- Strong growth turns to decline: During 2004-07, the French construction equipment market grew in line with the construction industry. In 2008 however, the global credit crunch hit the European construction equipment industry heavily. Not only did the source market decline, but since most equipment purchase are financed rather than settled through cash, the lack of credit availability negatively impacted the sales of construction equipment.

- Decline in future: WMI estimates that the French construction equipment market will continue to decline overall over the period 2009-12 and then start recovering with a slow pace.

Construction Materials Trends

- Growth continues: The French construction materials market is expected to be valued at €24.8 billion (US$36.5 billion) in 2014, as compared to an estimated value of €19.6 billion (US$28.8 billion) in 2009. The market is expected to achieve a CAGR of 4.9% over the period 2009-2014.

- Decline in cement consumption: The year 2008 was a hard year for the cement industry globally. France witnessed 3.0% decline in cement consumption in 2008 down to the 2006 level, due to decline in residential and non-residential construction.

Construction Deals Trends

- Wide variance in values: The value of major completed acquisitions tracked by WMI up to the end of October 2009 was US$5.9 billion. This value was US$4.6 billion in 2008 and US$2.0 billion in 2007. SHOW LESS READ MORE >

1 Executive Summary
1.1 Construction Market Trends
2 Introduction
2.1 What Is This Report About?
2.2 Definitions
2.3 Summary Methodology
3 France Construction Market
3.1 Construction Market Overview
3.2 Construction Market Data
3.3 Commercial construction
3.3.1 Commercial construction overview
3.3.2 Commercial construction market data
3.4 Infrastructure construction
3.4.1 Infrastructure construction overview
3.4.2 Infrastructure construction market data
3.5 Industrial construction
3.5.1 Industrial construction overview
3.5.2 Industrial construction market data
3.6 Institutional construction
3.6.1 Institutional construction overview
3.6.2 Institutional construction market data
3.7 Residential construction
3.7.1 Residential construction overview
3.7.2 Residential construction market data
4 France Construction Projects
4.1 Top 15 Projects:
5 Contractor Profile: VINCI
5.1 VINCI Company Overview
5.1.1 VINCI - Business Description
5.1.2 VINCI - Major Products and Services
5.1.3 VINCI - History
5.2 VINCI - SWOT Analysis
5.2.1 VINCI - Strengths
5.2.2 VINCI - Weaknesses
5.2.3 VINCI - Opportunities
5.2.4 VINCI - Threats
5.3 VINCI - Company Information
5.3.1 VINCI - Key Competitors
5.3.2 VINCI - Key Employees
5.4 VINCI - Financial Ratios
6 Contractor Profile: Bouygues S.A.
6.1 Bouygues S.A. Company Overview
6.1.1 Bouygues S.A. - Business Description
6.1.2 Bouygues S.A. - Major Products and Services
6.1.3 Bouygues S.A. - History
6.2 Bouygues S.A. - SWOT Analysis
6.2.1 Bouygues S.A. - Strengths
6.2.2 Bouygues S.A. - Weaknesses
6.2.3 Bouygues S.A. - Opportunities
6.2.4 Bouygues S.A. - Threats
6.3 Bouygues S.A. - Company Information
6.3.1 Bouygues S.A. - Key Competitors
6.3.2 Bouygues S.A. - Key Employees
6.4 Bouygues S.A. - Financial Ratios
7 Contractor Profile: Eiffage SA
7.1 Eiffage SA Company Overview
7.1.1 Eiffage SA - Business Description
7.1.2 Eiffage SA - Major Products and Services
7.1.3 Eiffage SA - History
7.2 Eiffage SA - SWOT Analysis
7.2.1 Eiffage SA - Strengths
7.2.2 Eiffage SA - Weaknesses
7.2.3 Eiffage SA - Opportunities
7.2.4 Eiffage SA - Threats
7.3 Eiffage SA - Company Information
7.3.1 Eiffage SA - Key Competitors
7.3.2 Eiffage SA - Key Employees
7.4 Eiffage SA - Financial Ratios
8 Contractor Profile: Technip
8.1 Technip Company Overview
8.1.1 Technip - Business Description
8.1.2 Technip - Major Products and Services
8.1.3 Technip - History
8.2 Technip - SWOT Analysis
8.2.1 Technip - Strengths
8.2.2 Technip - Weaknesses
8.2.3 Technip - Opportunities
8.2.4 Technip - Threats
8.3 Technip - Company Information
8.3.1 Technip - Key Competitors
8.3.2 Technip - Key Employees
8.4 Technip - Financial Ratios
9 Contractor Profile: CEGELEC SA
9.1 CEGELEC SA Company Overview
9.1.1 CEGELEC SA - Business Description
9.1.2 CEGELEC SA - Major Products and Services
9.1.3 CEGELEC SA - History
9.2 CEGELEC SA - SWOT Analysis
9.2.1 CEGELEC SA - Strengths
9.2.2 CEGELEC SA - Weaknesses
9.2.3 CEGELEC SA - Opportunities
9.2.4 CEGELEC SA - Threats
9.3 CEGELEC SA - Company Information
9.3.1 CEGELEC SA - Key Competitors
9.3.2 CEGELEC SA - Key Employees
10 Contractor Profile: Eurovia
10.1 Eurovia Company Overview
10.1.1 Eurovia - Business Description
10.1.2 Eurovia - Major Products and Services
10.1.3 Eurovia - History
10.2 Eurovia - SWOT Analysis
10.2.1 Eurovia - Strengths
10.2.2 Eurovia - Weaknesses
10.2.3 Eurovia - Opportunities
10.2.4 Eurovia - Threats
10.3 Eurovia - Company Information
10.3.1 Eurovia - Key Competitors
10.3.2 Eurovia - Key Employees
11 Deal Analysis
11.1 Deal benchmarks
11.2 Key recent deals
12 Appendix
12.1 About World Market Intelligence

LIST OF TABLES

Table 1: World Market Intelligence Construction Category Definitions
Table 2: France Overall Construction Market (€ mn), By Project Type, 2004-09
Table 3: France Overall Construction Market Forecast (€ mn), By Project Type, 2008-2014
Table 4: France Overall Construction Market Segmentation (%), By Project Type, 2004-2014
Table 5: France Overall Construction Market (US$ mn), By Project Type, 2004-09
Table 6: France Overall Construction Market Forecast (US$ mn), By Project Type, 2008-2014
Table 7: France Commercial Construction Market (€ mn), By Project Type, 2004-09
Table 8: France Commercial Construction Market Forecast (€ mn), By Project Type, 2008-2014
Table 9: France Commercial Construction Market Segmentation (%), By Project Type, 2004-2014
Table 10: France Commercial Construction Market (US$ mn), By Project Type, 2004-09
Table 11: France Commercial Construction Market Forecast (US$ mn), By Project Type, 2008-2014
Table 12: France Infrastructure Construction Market (€ mn), By Project Type, 2004-09
Table 13: France Infrastructure Construction Market Forecast (€ mn), By Project Type, 2009-2014
Table 14: France Infrastructure Construction Market Segmentation (%), By Project Type, 2004-2014
Table 15: France Infrastructure Construction Market (US$ mn), By Project Type, 2004-09
Table 16: France Infrastructure Construction Market Forecast (US$ mn), By Project Type, 2009-2014
Table 17: France Industrial Construction Market (€ mn), By Project Type, 2004-09
Table 18: France Industrial Construction Market Forecast (€ mn), By Project Type, 2009-2014
Table 19: France Industrial Construction Market Segmentation (%), By Project Type, 2004-2014
Table 20: France Industrial Construction Market (US$ mn), By Project Type, 2004-09
Table 21: France Industrial Construction Market Forecast (US$ mn), By Project Type, 2009-2014
Table 22: France Institutional Construction Market (€ mn), By Project Type, 2004-09
Table 23: France Institutional Construction Market Forecast (€ mn), By Project Type, 2009-2014
Table 24: France Institutional Construction Market Segmentation (%), By Project Type, 2004-2014
Table 25: France Institutional Construction Market (US$ mn), By Project Type, 2004-09
Table 26: France Institutional Construction Market Forecast (US$ mn), By Project Type, 2009-2014
Table 27: France Residential Construction Market (€ mn), By Project Type, 2004-09
Table 28: France Residential Construction Market Forecast (€ mn), By Project Type, 2009-2014
Table 29: France Residential Construction Market Segmentation (%), By Project Type, 2004-2014
Table 30: France Residential Construction Market (US$ mn), By Project Type, 2004-09
Table 31: France Residential Construction Market Forecast (US$ mn), By Project Type, 2009-2014
Table 32: Top 15 Live Projects in France Construction Market
Table 33: VINCI Key Facts
Table 34: VINCI Major Products & Services
Table 35: VINCI History
Table 36: VINCI, Key Employees
Table 37: VINCI, Key Employee Biographies
Table 38: VINCI, Capital Market Ratios based on current share price
Table 39: VINCI, Interim Ratios
Table 40: VINCI, Annual Ratios
Table 41: Bouygues S.A. Key Facts
Table 42: Bouygues S.A. Major Products & Services
Table 43: Bouygues S.A. History
Table 44: Bouygues S.A., Key Employees
Table 45: Bouygues S.A., Key Employee Biographies
Table 46: Bouygues S.A., Capital Market Ratios based on current share price
Table 47: Bouygues S.A., Interim Ratios
Table 48: Bouygues S.A., Annual Ratios
Table 49: Eiffage SA Key Facts
Table 50: Eiffage SA Major Products & Services
Table 51: Eiffage SA History
Table 52: Eiffage SA, Key Employees
Table 53: Eiffage SA, Key Employee Biographies
Table 54: Eiffage SA, Capital Market Ratios based on current share price
Table 55: Eiffage SA, Interim Ratios
Table 56: Eiffage SA, Annual Ratios
Table 57: Technip Key Facts
Table 58: Technip Major Products & Services
Table 59: Technip History
Table 60: Technip, Key Employees
Table 61: Technip, Key Employee Biographies
Table 62: Technip, Capital Market Ratios based on current share price
Table 63: Technip, Interim Ratios
Table 64: Technip, Annual Ratios
Table 65: CEGELEC SA Key Facts
Table 66: CEGELEC SA Major Products & Services
Table 67: CEGELEC SA History
Table 68: CEGELEC SA , Key Employees
Table 69: CEGELEC SA , Key Employee Biographies
Table 70: Eurovia Key Facts
Table 71: Eurovia Major Products & Services
Table 72: Eurovia History
Table 73: Eurovia, Key Employees
Table 74: France Construction Industry Completed Deal Numbers, By Deal Type, 2005-2009YTD
Table 75: France Construction Industry Completed Deal Value (US$ mn), By Deal Type, 2005-2009YTD
Table 76: France Construction Industry Average Value Per Completed Deal (US$ mn), By Deal Type, 2005-2009YTD
Table 77: France Construction Industry Current Deal Status, 2009YTD
Table 78: France Construction Key Completed Transactions, 2007-2009, By Date

LIST OF FIGURES

Figure 1: France Overall Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 2: France Overall Construction Market Dynamics, By Project Type, 2004-14
Figure 3: France Commercial Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 4: France Commercial Construction Market Dynamics, By Project Type, 2004-14
Figure 5: France Infrastructure Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 6: France Infrastructure Construction Market Dynamics, By Project Type, 2004-14
Figure 7: France Industrial Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 8: France Industrial Construction Market Dynamics, By Project Type, 2004-14
Figure 9: France Institutional Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 10: France Institutional Construction Market Dynamics, By Project Type, 2004-14
Figure 11: France Residential Construction Market & Market Forecast (€ bn), By Project Type, 2004-14
Figure 12: France Residential Construction Market Dynamics, By Project Type, 2004-14
Figure 13: France Construction Industry Completed Deals & Deal Values, 2005-2009

- VINCI
- Bouygues S.A.
- KBR, Inc
- Eiffage SA
- Technip
- CEGELEC SA
- Eurovia
- Manitou BF SA
- Caterpillar Inc
- Liebherr-International AG