openPR Logo
Press release

Precast Construction Market Rugged Expansion Foreseen by 2025 | Acs actividades de construcción y servicios S.A (Spain),Komatsu Ltd. (Japan),Bouygues Construction (France),Larsen & Toubro Limited (India),Taisei Corporation (Japan),Balfour Beatty plc (UK)

06-20-2019 02:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: PMR

Precast Construction Market Rugged Expansion Foreseen by 2025 |

Precast Construction Market Introduction

Precast construction, also known as prefabricated construction, finds application in the construction of structures or buildings where most of the structural components are standard and made in plants located away from the construction site. They are then transported to the site for installation. Precast construction involves mass production of components and hence offers several advantages, such as optimum time management, increased efficiency, consistent quality and cost effectiveness. Besides these factors, precast construction gains an edge over conventional construction due to its relatively high durability, ease of installation and reduced product maintenance. Structures are successfully erected at a much faster pace with the use of precast construction; thereby increasing its market demand. The aesthetic superiority, coupled with lesser maintenance and increased durability offered by precast construction are driving global demand for the precast construction market.

A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/13681

However, structures made using precast construction display lesser flexibility in their designing basics as compared to those made with conventional construction. Also, linkages or connections linking precast construction products (structural links) could pose design issues. Furthermore, in order to achieve economies of scale, structures ideally need to be of a regular shape, which has been a constraint in the applications of precast construction globally.

The plan of a building or structure is affected by the replication of forms, which is a characteristic of precast construction. It has also been frequently observed that panel linkages are costly and complex in nature. Also, the on-site installation of panels needs skilled labor. Besides, precast construction also mandates the use of cranes to lift construction parts, which incurs further installation costs. With regard to application of the precast construction panels on-site, there is a need of skilled labor and heavy-duty machinery, which has been making the application of precast construction uneconomical, and hence posing a concern for the precast construction market.

Precast Construction Market Segmentation

On the basis of product type, the global precast construction market is segmented as follows:

Columns and beams
Floors and roofs
Girders
Walls
Staircases
Lintels
Paving slabs
Others (door & window components, manholes and water & sewer system products)

On the basis of type, the global precast construction market is segmented as follows:

Modular
Manufactured

On the basis of application, the global precast construction market is segmented as follows:

Residential
Non-residential

Precast Construction Market Dynamics

Precast construction technology has been found to be environment-friendly; hence, the technology has gained widespread approval from all over the globe. Besides the techno-economic benefits, precast construction delivery has been inducing users to switch to this new technology from the conventional one.

In the North American region, especially the U.S., new market participants could make a foothold after a relatively comfortable entry in smaller, niche construction segments in the near future. However, hurdles could be expected during market entry in the most important industry verticals as existing market participants in the precast construction market have the benefit of an established customer base and in-depth market knowledge, apart from their existing brand image – at least at a local level. Besides, some of them have vertically integrated enough to produce cement and concrete, thereby gaining considerable advantages in terms of production cost and infrastructural efficiency, which would be inaccessible to new entrants. Thus, it could be expected that in the near future, new precast construction companies would successfully enter only niche U.S. sub-markets.

It has been observed that growth in the worldwide demand for modular construction has been encouraging growth of the precast construction market and this trend is expected to continue for the next few years, as building contractors and construction companies are opting for precast construction in the modular construction business.

To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/methodology/13681

Precast Construction Market Participants

Examples of some market participants in the global precast construction market are as follows:

Acs actividades de construcción y servicios S.A (Spain)
Komatsu Ltd. (Japan)
Bouygues Construction (France)
Larsen & Toubro Limited (India)
Taisei Corporation (Japan)
Balfour Beatty plc (UK)
Kiewit Corporation (US)
Laing O’Rourke (UK)
Julius Berger Nigeria Plc (Nigeria)
Red Sea Housing Services (Saudi Arabia)

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Precast Construction Market Rugged Expansion Foreseen by 2025 | Acs actividades de construcción y servicios S.A (Spain),Komatsu Ltd. (Japan),Bouygues Construction (France),Larsen & Toubro Limited (India),Taisei Corporation (Japan),Balfour Beatty plc (UK) here

News-ID: 1782715 • Views:

More Releases from PMR

Online Apparel Market Gain Impetus due to the Growing Demand over 2016 - 2026
Online Apparel Market Gain Impetus due to the Growing Demand over 2016 - 2026
The ecommerce sector have observed extraordinary growth over the past few years. The growth was primarily driven by prompt adoption of technology led by inclining use of devices such as tablets and smartphones as well as access to internet through 3G and broadband which ultimately resulted in inclination in the online consumer base. The growth showcased by some of the players such as snapdeal and flipkart exhibited immense potential of
Passenger Car Accessories Market Likely to Emerge over a Period of 2016 - 2026
Passenger Car Accessories Market Likely to Emerge over a Period of 2016 - 2026
The global passenger car accessories market enables unlock the potential for the companies which are striving in car accessories market. Continuous up gradation of models along with advanced features in car accessories enables fascinated most of people towards car accessories. The advanced car accessories offers a trendy look to car as well as comfort. The interior accessories such as MP3 players, LED screens, speakers and stereo devices offers entertainment while
Motorcycle Accessories Market Prophesied to Grow at a Faster Pace by 2016 - 2026
Motorcycle Accessories Market Prophesied to Grow at a Faster Pace by 2016 - 2026
Improved economic outlook across the globe resulted into substantial increase in purchasing power of consumers over the past few years. Consequently, several industry verticals reported an increase in overall demand for respective products, and automotive industry is no different. However, different trends in sales reported across sub-segments within the automotive sector, but motorcycle sales has always remained impressive, particularly in high potential markets. Growth in global motorcycle market ascertained the
Natural Food Beverage Foaming Agent Market Detailed Analytical Overview by 2016 - 2026
10-11-2019 | Health & Medicine
PMR
Natural Food Beverage Foaming Agent Market Detailed Analytical Overview by 2016 …
Introduction A foaming agent is a surfactant, which when present in small amounts, facilitates the formation of a foam, or enhances its stability by inhibiting the coalescence of bubbles. Natural Food & Beverage foaming agent are food additives which are used maintain the uniform dispersion of gases in aerated foods. Foam is produced with the help of trapping the gas bubbles and it is offered either in form of solid or

All 5 Releases


More Releases for Precast

2022 Precast Concrete Market Share, Global Trends, Key Players Analysis, Growth …
'Precast Concrete Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026' by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The precast concrete market research report helps gain a truly global perspective of the precast
Precast Concrete Construction Market to Watch: Spotlight on Gulf Precast, KEF In …
Latest published market study on Global Precast Concrete Construction Market provides an overview of the current market dynamics in the Precast Concrete Construction space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are
U.S Precast Concrete Market is Booming Worldwide | Concrete Pipe & Precast, LLC, …
Global U.S Precast Concrete Market Report 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global U.S Precast Concrete Market. Some of the key players profiled in the study are Concrete Pipe & Precast,
Precast Concrete Market Demand Analysis by Share, Trends and Forecast 2026 | SKA …
The Precast Concrete market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing. The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities. Request For Free PDF Sample of This Research Report At: https://www.reportsanddata.com/sample-enquiry-form/1853 The global precast concrete market is forecast to reach USD 168.17 Billion by 2026, according to a
What's driving the Precast Concrete Market Share? Larsen & Toubro Limited, Kiewi …
Market Study Report Has Added A New Report On Precast Concrete Market That Provides A Comprehensive Review Of This Industry With Respect To The Driving Forces Influencing The Market Size. Comprising The Current And Future Trends Defining The Dynamics Of This Industry Vertical, This Report Also Incorporates The Regional Landscape Of Precast Concrete Market In Tandem With Its Competitive Terrain. The global precast concrete market size is anticipated to reach USD
U.S Precast Concrete Market Size and Forecast to 2025 | Leading Key players - Co …
The Global U.S Precast Concrete Market study is published by Verified Market Research with a core intention of delivering valuable and actionable insights into the global U.S Precast Concrete industry performance, history, scope, and potential. The report traverses through the historic and current phase of the market to provide reliable and trustworthy market predictions based on market size, share, demand, sales, and revenue. the U.S Precast Concrete Market was valued at