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Pre-cast Construction Market

Pre-cast Construction Market

Pre-cast Construction Market Global Industry Assessment & Forecast

# Pages:

145

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0936

Segments Covered
  • By Product Columns & Beams, Floors & Roofs, Walls, Staircases, Girders, Paving Slabs, Others
  • By Application Residential, Industrial Manufacturing, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 128.11 Billion
Revenue 2028Revenue 2028: 208.39 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 6.27
Fastest Growing Region 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

Research Methodology: Pre-cast Construction Market - Global Market Assessment, 2021 - 2028

The global Pre-cast Constructionmarket research study involves reliable research methodology to arrive at the market estimations and forecasts. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Moreover, the information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end0use industry, and estimate future trends within the market. 

Secondary Research

Primary Research:

The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Pre-cast Construction supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:


  • Pre-cast Construction market size at regional and country level
  • Market size and forecast by , , and 
  • Key industry players and their market share and Pre-cast Construction market-specific sales/revenue
  • Understanding market developments, future growth prospects, and upcoming challenges
  • Overview of the Pre-cast Construction supply chain and overall ecosystem

Data Triangulation and Market Size Estimations

After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Pre-cast Construction market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Pre-cast Construction market. 

FAQ
Frequently Asked Question
  • 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%.

  • 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.

  • The market is project to grow at a CAGR of 6.27% between 2021 and 2028.

  • 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.

  • Asia Pacific was the leading regional segment of the Pre-cast Construction in 2020.