Precast construction is a type of construction, wherein pre cast (any material that is in its final shape before being positioned at its original location) construction structures are used. Concrete, and steel in some cases, is generally used in precast construction. These structures are manufactured beforehand in a plant, which is located away from the actual construction site. These precast construction components are then transported and later assembled mechanically with the help of anchor bolts at the actual construction site. High early strength cement is cured with the help of steam curing and casts can be formed within a duration of 24 hours. Buildings can be constructed faster and at a much cheaper rates through precast construction. Components used for precast construction are generally standardized. This helps in providing better quality to structures as compared to site-cast concrete, as they are manufactured in a controlled condition. Precast construction components are more durable and hence can also be reused later. Controlled conditions while manufacturing precast allows better control of surface finishes. Compared to site-cast, precast construction components can be erected faster and are affected less by adverse weather conditions, making it comparatively safer.
Precast components in construction are used for residential as well as nonresidential complexes. Among nonresidential complexes, these components are useful in the construction of stadiums, parking lots of shopping complexes, bridges, etc.
The use of precast construction components in the non-residential sector is expected to rise in the near future. The precast construction market is expected to expand at a rapid pace due to the increasing demand for new construction across the globe. During the recent times, there has been an increase in the investments in public and the private infrastructure sectors in major economies. This is expected to drive the market for precast construction in the next few years.
North America and Europe follow Asia Pacific in the precast construction market. The precast construction market in Asia Pacific has been expanding significantly due to the increase in construction activities in mature and developed countries such as China, Russia, Japan, India, and South Africa.
Global Precast Construction market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Precast Construction.
This report researches the worldwide Precast Construction market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Precast Construction breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the top manufacturers' Precast Construction capacity, production, value, price and market share of Precast Construction in global market. The following manufacturers are covered in this report:
Larsen & Toubro (L&T)
Daiwa House Group
Red Sea Housing
Precast Construction Breakdown Data by Type
Floors & roofs
Walls & barriers
Columns & beams
Precast Construction Breakdown Data by Application
Precast Construction Production Breakdown Data by Region
Precast Construction Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Precast Construction capacity, production, value, consumption, status and forecast;
To focus on the key Precast Construction manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Precast Construction :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.