Global Precast Construction Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Precast Construction Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Precast Construction market size was valued at USD 12290 million in 2023 and is forecast to a readjusted size of USD 17040 million by 2030 with a CAGR of 4.8% during review period.

Precast construction is a type of construction, wherein pre cast (any material that is in its final shape before being positioned at its original location) construction structures are used. Concrete, and steel in some cases, is generally used in precast construction. These structures are manufactured beforehand in a plant, which is located away from the actual construction site. These precast construction components are then transported and later assembled mechanically with the help of anchor bolts at the actual construction site. High early strength cement is cured with the help of steam curing and casts can be formed within a duration of 24 hours. Buildings can be constructed faster and at a much cheaper rates through precast construction. Components used for precast construction are generally standardized. This helps in providing better quality to structures as compared to site-cast concrete, as they are manufactured in a controlled condition. Precast construction components are more durable and hence can also be reused later. Controlled conditions while manufacturing precast allows better control of surface finishes. Compared to site-cast, precast construction components can be erected faster and are affected less by adverse weather conditions, making it comparatively safer.

Precast components in construction are used for residential as well as nonresidential complexes. Among nonresidential complexes, these components are useful in the construction of stadiums, parking lots of shopping complexes, bridges, etc.

The use of precast construction components in the non-residential sector is expected to rise in the near future. The precast construction market is expected to expand at a rapid pace due to the increasing demand for new construction across the globe. During the recent times, there has been an increase in the investments in public and the private infrastructure sectors in major economies. This is expected to drive the market for precast construction in the next few years.

The Global Info Research report includes an overview of the development of the Precast Construction industry chain, the market status of Non-residential (Floors & Roofs, Walls & Barriers), Residential (Floors & Roofs, Walls & Barriers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Precast Construction.

Regionally, the report analyzes the Precast Construction markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Precast Construction market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Precast Construction market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Precast Construction industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Floors & Roofs, Walls & Barriers).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Precast Construction market.

Regional Analysis: The report involves examining the Precast Construction market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Precast Construction market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Precast Construction:

Company Analysis: Report covers individual Precast Construction manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Precast Construction This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Non-residential, Residential).

Technology Analysis: Report covers specific technologies relevant to Precast Construction. It assesses the current state, advancements, and potential future developments in Precast Construction areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Precast Construction market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Precast Construction market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Floors & Roofs
Walls & Barriers
Columns & Beams
Utility Vaults
Girders
Pipes
Paving slabs

Market segment by Application
Non-residential
Residential

Major players covered
ACS Group
Bechtel
CSCEC
Larsen & Toubro (L&T)
VINCI
Balfour Beatty
Bouygues Construction
Daiwa House Group
Granite Construction
Kiewitas
Red Sea Housing
Skanska
TAISEI

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Precast Construction product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Precast Construction, with price, sales, revenue and global market share of Precast Construction from 2019 to 2024.

Chapter 3, the Precast Construction competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Precast Construction breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Precast Construction market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Precast Construction.

Chapter 14 and 15, to describe Precast Construction sales channel, distributors, customers, research findings and conclusion.