Precast Concrete Construction Market
Precast Concrete Construction Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0939
Segments Covered
By
Product Frame System, Wall System, Beam And Column System, Floor And Roof System
-
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)
|
North America |
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
The report delivers an acute breakdown of the
market based on various segments such as Product, Application,
and Region. All the segments are studied considering historical and future
trends across geographies. All the segments are analyzed based on trends,
market size, and forecast, and the data is provided for the years 2016–2028.
Several growth factors and opportunities impacting various segments have been
incorporated in the report. On the basis of Product,
the market is divided into Frame System, Wall System, Beam And Column System, Floor And Roof System,. Frame System held the largest
share in 2020 and is projected to grow at a noteworthy CAGR within the forecast
period.
Based on Application,
the market is divided into Residential, Industrial Manufacturing, Others. Residential attributed to
the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Precast Concrete Construction Market: Product Segment Analysis
-
- Frame System
- Wall System
- Beam And Column System
- Floor And Roof System
Global Precast Concrete Construction Market: Application Segment Analysis
-
- Residential
- Industrial Manufacturing
- Others
FAQ
Frequently Asked Question
What is the global demand for Precast Concrete Construction in terms of revenue?
-
The global Precast Concrete 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?
-
The prominent players in the market are Armado, Gulf Precast, Atlanta Structural Concrete, Ashtabula Concrete & Construction, Vollert, PRECA, Atlas Concrete, Schuster Concrete Construction, Simon Contractors, Barfoote Construction, High Concrete Group, WAMA AB, Westkon Precast, Amrapali, ICL Construction, KEF Infra, Pekso Precast, Western Precast Structures, Binghamton Precast & Supply.
At what CAGR is the market projected to grow within the forecast period?
-
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?
-
The driving factors of the Precast Concrete 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?
-
North America was the leading regional segment of the Precast Concrete Construction in 2020.
