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Precast Construction Market Size, Innovative Technology, Growing Prominence Analysis & Forecast to 2022 | ACS Group, Balfour Beatty plc, Bouygues Construction, Julius Berger Nigeria Plc

09-08-2020 10:48 PM CET | Industry, Real Estate & Construction

Press release from: Premium Market Insights

Precast Construction Market Size, Innovative Technology,

Precast construction market includes those constructions where the majority of structural components are standardized and produced in plants in a location away from the building, and then transported to the site for assembly. These components are manufactured by industrial methods based on mass production to build a large number of buildings in a short time at low cost.

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The global precast construction market is segmented based on product type, construction type, end-users, and geography. Based on product type, the market is segmented into columns & beams, floors & roofs, walls, staircases, girders, paving slabs, and others. By construction type, the precast construction market is segmented into modular construction and manufactured construction.

Some of the key players of Precast Construction Market:

ACS Group, Balfour Beatty plc, Bouygues Construction, Julius Berger Nigeria Plc, Kiewit Corporation, Komatsu Ltd, Laing O’Rourke, Larsen & Turbo Limited, Red Sea Housing Services, and Taisei Corporation.

Modular construction segment is projected to grow at a fastest CAGR of 6.8% during the forecast period. The growth in this segment is attributed to factors such as keen interest from contractors and builders in using precast modules to build complete structures across residential and non-residential constructions and increase in public and private investment in global infrastructural development, especially in the emerging economies of Asia-Pacific and Latin America.

The precast construction industry based on end-user is categorized into residential and non-residential constructions. Non-residential construction segment accounted for a larger share in the precast construction market; this is projected to grow at the highest rate during the forecast period, due to the rise in public and private investments in the infrastructure sector in emerging economies of Asia-Pacific, Middle East, and Latin America.

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The “Precast Construction Market Analysis to 2022” is a specialized and in-depth study of the Precast Construction industry with a focus on the global market trend. The report aims to provide an overview of global Precast Construction market with detailed market segmentation by solution, security type, application, vehicle type and geography. The global Precast Construction market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report’s authors in the study. Most companies in the Precast Construction market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global market.

The Global Precast Construction Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.

Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Precast Construction Market Size
2.2 Precast Construction Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Precast Construction Market Size by Manufacturers
3.2 Precast Construction Key Players Head office and Area Served
3.3 Key Players Precast Construction Product/Solution/Service
3.4 Date of Enter into Precast Construction Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Precast Construction Sales by Product
4.2 Global Precast Construction Revenue by Product
4.3 Precast Construction Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Precast Construction Breakdown Data by End User

Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

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