Market Size of France Power EPC Industry
Study Period | 2019 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2019 - 2020 |
CAGR | > 4.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Power EPC Market Analysis
The French power EPC market is expected to register a CAGR of more than 4% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. It has now reached pre-pandemic levels.
- Over the long term, the growing renewable power sector is expected to drive the French power EPC market.
- On the other hand, as the country has quite a mature power market, the growth of the power EPC market is expected to be at a slow rate.
- Nevertheless, new and efficient technologies like supercritical and ultra-supercritical coal power plants and government initiatives to increase renewable energy share are expected to create opportunities for the French power EPC market in the near future.