Pre-cast Construction Market
Pre-cast Construction Market Global Industry Assessment & Forecast
Segments Covered
- By Product Columns & Beams, Floors & Roofs, Walls, Staircases, Girders, Paving Slabs, Others
- By Application Residential, Industrial Manufacturing, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 128.11 Billion |
Revenue 2028: | 208.39 Billion |
Revenue CAGR (2021 - 2028): | 6.27 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2015 to 2019 |
3. | Forecast Data | 2021 to 2028 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Pre-cast Construction in terms of revenue?
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The global Pre-cast Construction valued at 128.11 Billion in 2020 and is expected to reach 208.39 Billion in 2028 growing at a CAGR of 6.27%.
Which are the prominent players in the market?
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The prominent players in the market are Julius Berger Nigeria PLC, Cemex S.A.B. De C.V., Coreslab Ltd., Atco Group, CRH PLC, Taisei Corporation, Laing O'rourke, Balfour Beatty PLC, Red Sea Housing Services, Skanska Ab, Bouygues Construction, Vinci, Larsen & Toubro Limited, Kiewit Corporation.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.27% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Pre-cast Construction include
- The rapid urbanization and industrialization are is anticipated to augment the growth of the precast or prefabricated construction market over the forecast period. This is owing to the increasing development of urban houses and demand for shorter construction timelines at reduced cost. Most of the construction companies are focusing on adopting cost effective, and confirmed technologies of precast in order to guarantee the highest standards and unchanging quality. This in turn, is expected to augment the growth of the market during the forecast period.
- The increase in concerns towards work-zone safety and need to lower the environmental impact is further expected to increase the growth of the precast or prefabricated construction market during the forecast period. Additionally, ease of installation and relocation along with supportive government initiatives is also likely to support the market growth in near future.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Pre-cast Construction in 2020.