Press release
Precast Construction Market to Reach USD 217.46 Bn by 2029, emerging at a CAGR of 5.6 percent and forecast 2023-2029
Precast Construction Market Report Scope and Research Methodology:The research methodology employed ensures a thorough analysis, incorporating factors such as rapid development, urbanization, and green building initiatives. The study utilizes a combination of qualitative and quantitative methods to provide actionable insights.
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What are Precast Construction Market Dynamics:
Precast concrete construction is a time-saving and eco-friendly solution. Precast components are produced in factories under a controlled environment, enabling easy adjustments and real-time monitoring. This construction method uses fewer resources such as cement, steel, water, energy, and human labor, generating less waste in the factory and at the construction site. Precast construction allows parts of an entire building to be made even before the completion of the foundation for the same. Modular constructions take only four to eight weeks to be completed and assembled, while the conventional on-site constructed building requires twice the time for the construction of a similar-sized structure.
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Precast Construction Market Regional Insights:
North America Leads the Way: The North America region dominated the Precast Construction Market in 2022 and is expected to maintain its dominance, driven by increased construction activity in residential and commercial sectors, supported by favorable government policies.
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What is Precast Construction Market Segmentation:
by Type
Modular Homes
Manufactured Homes
by structural Component
Beams
Walls
Columns
Facade System
Floor and Roof Systems
Staircases
Girders
by Application
Residential
Infrastructural
Industrial
Commercial
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Who are Precast Construction Market Key Players:
1. Olson Precast Company
2. L.B. Foster Company
3. Larsen & Toubro Limited
4. Boral
5. Komatsu Ltd.
6. TAISEI CORPORATION
7. LAING O'ROURKE
8. Tindall Corporation
9. CEMEX S.A.B. de C.V.
10. STECS
11. Coltman Precast Concrete Limited
12. Rinker Materials
13. SPANCRETE INDUSTRIES LTD.
14. Elematic Oyj
15. CRH
16. Kiewit Corporation
17. Balfour Beatty
18. Gülermak A.Ş.
Table of content for the Precast Construction Market includes:
Global Precast Construction Market: Research Methodology
Global Precast Construction Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Precast Construction Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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