The freeway market - France

The announcement of the 2024 budget by current Economy and Finance Minister Bruno Le Maire has created a climate ofa climate of concern in the motorway concession marketwho will see their excess profits heavily taxed. With a large number of motorway concessions due to expire in the 2030s, a showdown between the French government and the SCAs (Sociétés Concessionnaires d'Autoroutes), recently decried for their excessive profitability, seems inevitable recently criticized for their excessive profitability. This study covers the various stages in the value chain, i.e. the segments of constructionconstructionfreeway maintenance/operationas well as the electronic toll subscriptionsall of which are subject to dominated by private motorway concessionaireswhich control over 90% of the French market. The global market, which is not conducive to dynamic competition, contrasts with a domestic market where public and private players coexist, marked by strong growth for the three incumbent companies marked by strong growth for the sector's three vinci, Eiffage and Abertis. This is a market at risk of saturation, but one in which the imminent expiry of the main concessions could reshuffle the cards. This particularly polluting market must also face up to environmental and technological challenges environmental and technological challengesbut also to a demand whose many determinants point to an unstable future unstable future for the three dealers, who currently enjoy relatively stable revenues.