Precast Construction Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

By | February 1, 2023
Precast Construction Market

The global precast construction market is projected to grow at a formidable rate during the forecast period, 2023-2027. The precast construction market is anticipated to witness high growth due to growing urbanization, growing construction activities in emerging economies and large-scale investments in infrastructure & industrial sectors. In addition to this, factors such as improved easier material handling, work-zone safety for workers and minimized need for support are encouraging workers and builders to accept the precast construction techniques, which is adding to their market growth. Besides, increase in developments in the precast technology together with dimensional accuracy are allowing architects, designers, and engineers to plan for future construction projects, developing ground-breaking constructions of exceptional quality. Rise in construction projects owing to rapid urbanization and industrialization coupled with the rise in need for development of low-cost housing units are anticipated to fuel the market growth. Moreover, surge in investment in the building and construction industry, owing to various government sponsored public housing programs is anticipated to fuel the global precast construction market growth.

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The global precast construction market is segmented on the basis of type, end-use sector, product and region. Based on product, the market is divided into columns & beams, staircase, walls, floors & roofs, paving slabs, lintels, and others. The columns & beams segment is anticipated to grow at the highest rate during the forecast period, owing to the factors such as improved work-zone safety for workers and easier material handling. In 2021, the APAC region dominated the market market of precast construction, in terms of value, followed by Europe & CIS and North America.

Some of the leading players in the global precast construction market are Komatsu Ltd., Taisei Corporation, Bouygues Construction, Larsen & Toubro Limited, Julius Berger Nigeria PLC, Red Sea Housing Services, Laing O’rourke, Balfour Beatty PLC, etc.

Some of the leading players in the global precast construction market are Komatsu Ltd., Taisei Corporation, Bouygues Construction, Larsen & Toubro Limited, Julius Berger Nigeria PLC, Red Sea Housing Services, Laing O’rourke, Balfour Beatty PLC, etc.

AttributeDetails
Historic Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report coverageRevenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments covered·         By Type·         By End-Use Sector·         By Product
Region scopeAsia Pacific; Europe & CIS; North America; South America; Middle East & Africa
Country scopeChina; India; Japan; South Korea; Australia; Singapore; Malaysia; France; Germany; United Kingdom; Italy; Spain; United States; Mexico; Canada; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Qatar
Key companies profiledKomatsu Ltd., Taisei Corporation, Bouygues Construction, Larsen & Toubro Limited, Julius Berger Nigeria PLC, Red Sea Housing Services, Laing O’rourke, Balfour Beatty PLC  
Customization scope10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Industry Reports : https://www.techsciresearch.com/report/global-precast-construction-market/2437.html

Report Scope:

In this report, the global precast construction market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Precast Construction Market, By Type:
    • Manufactured Homes
    • Modular Constructions
  • Precast Construction Market, By End-User:
    • Residential
    • Non-Residential
  • Precast Construction Market, By Product:
    • Columns & Beams
    • Staircase
    • Walls
    • Floors & Roofs
    • Paving Slabs
    • Lintels
    • Others
  • Precast Construction Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

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