The Covid pandemic saw compaction equipment sales fall in France last year. That trend is expected to continue in 2021, with rental companies and road building contractors alike expected to remain cautious on investment. In addition, the supply chain and shipping bottlenecks which are being seen throughout the equipment industry are not helpful to a market recovery.
However, according to Off-Highway Research’s new Compaction Equipment France report, growth is expected to resume in 2022.
Looking at the opportunities for compaction equipment sales, the report said, “The Grand Paris project, announced in 2007 under Nicolas Sarkozy’s presidency, includes 200 kilometres of new metro lines and 68 train stations which will link suburbs to each other rather than the current spoke model of the RER where all trains go through Paris. The ‘Canal Seine-Nord’, a new 106-kilometre canal linking Paris to the Nord Pas de Calais region, which was to be built from 2013 to 2016, started at the beginning of 2017 and expected to be completed by 2027. At the end of 2019, the construction of the Paris 2024 Olympics village was started, and construction of the whole project is set to last for three years.”
The report also highlights the further incentive of tax breaks on new equipment with a low emission Stage V diesel, or powered by alternative energy sources.
Off-Highway Research’s new equipment analysis on the compaction equipment industry in France is now available to download for subscribers to the European Service, who can login here. It can also be bought by non-subscribers here.
It is believed to be the most detailed and in-depth report ever published on the subject, with analysis covering market size, market shares, market structure, distribution networks, end customer groups, equipment population, machines available and a five-year forecast.
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