Precast Construction Market Size, Share, Trends, Analysis, Growth Rate, and Forecast 2029
Precast Construction Market size was valued at USD 148.5 Bn. in 2022 and the total Precast Construction revenue is expected to grow by 5.6% from 2023 to 2029, reaching nearly USD 217.46 Bn.
Market Overview:
Conducting thorough primary and secondary research formed the basis of the global Precast Construction market analysis. Secondary research supplemented existing data by segmenting the market, estimating its overall size, and predicting growth rates. This comprehensive approach utilized both primary and secondary research methods to identify market leaders, evaluate market revenue, and conduct in-depth interviews with key industry figures like CEOs, marketing executives, and experienced frontline staff. While primary research involved detailed interviews, secondary research involved reviewing annual and financial reports of major manufacturers. The comparison of secondary data with primary findings facilitated the calculation of global market splits, shares, growth rates, and breakdowns.
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Market Scope:
The study defines market segments, predicts market size, and offers insights into the dynamic structure of the Global Precast Construction Market. The report provides a competitive analysis of significant firms based on pricing, financial status, application expansion strategies, and geographical presence. Additionally, a PESTLE analysis assists stakeholders in prioritizing their efforts and investments. External and internal factors likely to impact enterprises positively or negatively are thoroughly researched, aiding decision-makers in understanding the sector's future.
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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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.
Regional Analysis:
The study analyzes the Precast construction market at a national level, focusing on potentially high-growth categories, nations with significant market shares, and those with high development potential. Geographical breakdowns in the Precast Construction Market study include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations.
Key Questions Answered in the Precast Construction Market Report:
• What is the anticipated CAGR of the Precast Construction market during the forecast period?
• Which market category emerged as the leader in the Precast Construction market?
• Who are the major players in the Precast Construction market?
• What is the projected size of the Precast Construction market in 2029?
• Which firm holds the largest market share in the Precast Construction market?
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