China Prefabricated Buildings Market Outlook and Opportunities in Grooming Regions: Edition 2020-2025
The Prefabricated Building Market in China is expected to grow at a CAGR of approximately 5% during the forecast period.
The China Prefabricated Buildings market is highly competitive and consists of a number of major players. Companies like CIMC Modular Building Systems, Hangxiao Steel Structure, China State Construction, Ningbo Deepblue Smart House, Archi Space, ARK Prefab, Atlantic Modular System, X Cube Engineering & Prefabrication, Matrix Living among others.
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Scope of the Report:
Rising concerns over the green infrastructure and sustainable living to accommodate the needs of the increasing population will be the main driving factor.
The revenue generated from the prefabricated buildings industry in the year 2016 amounted to USD 37.716 billion. In the year 2018, the value rose to USD 41.4 billion. Chinas prefabricated market is expected to reach 698.2 billion in 2030.
In the past ten years, with the rapid development of the economy, the rising labor costs, the precision and quality of prefabricated components, the improvement of the construction technology and management level of assembly buildings, and the promotion of national policy factors, prefabricated buildings have gained momentum.
Key Market Trends:
Concrete Holds the Major Share in the Prefab Construction Sector
Chinas urban landscape continues to evolve today, but unlike the earlier periods of urban development, with the influence of smarter global construction processes and methods. The growth of the building and construction industry as well as improvements in financial conditions in the region has led to an increase in demand for precast concrete elements.
With the precast construction market expected to attain USD 200 billion or an increase of 30% by 2025, China now has over 1,000 precast factories (with a design scale of 30,000m3) across the region, with 600 more in the pipeline. The explosive growth in cement production correlates with Chinas economic expansion.
While industrialization and urbanization advanced in the country, the demand of cement rose sharply. According to the National Bureau of Statistics of China, the net output of the construction industry grew constantly in the previous decade. Houses, roads, and bridges had been built here with phenomenal speed over the past three decades.
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The key insights of the Prefabricated Buildings Market report:
The report provides key statistics on the market status of the Prefabricated Buildings market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Prefabricated Buildings market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2025 market development trends of Prefabricated Buildings Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Prefabricated Buildings Industry before evaluating its feasibility.
Finally, Prefabricated Buildings Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Prefabricated Buildings industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Key points in this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides China and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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