PUNE, India, October 12, 2016 /PRNewswire/ --
The report "Precast Construction Market by Product (Columns & Beams, Floors & Roofs, Girders, Walls, Staircases, Lintels, and Paving Slabs), Type (Modular and Manufactured), End-use Sector (Residential and Non-Residential), and Region - Global Forecast to 2021", Published by MarketsandMarkets, The Precast Construction Market size is estimated to grow from USD 124.77 Billion in 2015 to USD 177.09 Billion by 2021, at a CAGR of 6.10%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 114 market data tables and 54 figures spread through 184 pages and in-depth TOC on "Precast Construction Market - Global Forecast to 2021"
http://www.marketsandmarkets.com/Market-Reports/prefabricated-construction-market-125074015.html
Early buyers will receive 10% customization on this report.
This market is projected to witness substantial growth in the next few years with the increase in demand for new constructions across the world, owing to the rapid urbanization and industrialization with large-scale investments in industrial and infrastructure sectors. Rise in construction activities in emerging economies and increase in inclination toward sustainable construction methods are increasing the reliance on modern construction techniques, thus creating growth opportunities for the Precast Construction Market.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=125074015
The eco-friendly appeal of precast construction components and techniques, and its acceptance have helped it to enter the global market. Many innovations in designs & technological advancements have been witnessed by the industry in the last decade.
Non-residential precast constructions to gain maximum traction during the forecast period
The non-residential buildings segment dominated the market in 2015 and is projected to be the fastest-growing end-user sector in the next five years. As a result of the rise in urbanization and industrialization, this market is mostly driven by the upward surge in the demand for new constructions across the world. Increase in public and private investment in the infrastructure sector in the emerging economies of Asia-Pacific, the Middle East, and Latin America are drivers of this growth.
"The Asia-Pacific region constitutes the largest share in the Precast Construction Market."
Asia-Pacific contributes a major market share in the global Precast Construction Market. Increase in industrialization as well as population in the countries such as China, Indonesia, and India, which are experiencing high demand for residential and non-residential constructions, drives the market in these countries. The rapid urbanization in these countries demands faster and cost-efficient construction of buildings and facilities without compromising on quality. Additionally, increased government investments in infrastructural constructions provide potential for growth of the Precast Construction Market in these countries.
The key players in the Precast Construction Market include Acs actividades de construcción y servicios, S.A (Spain), Komatsu Ltd. (Japan), Bouygues Construction (France), Larsen & Toubro Limited (India), Taisei Corporation (Japan), Balfour Beatty plc (U.K.), Kiewit Corporation (U.S.), Laing O'Rourke (U.K.), Julius Berger Nigeria Plc (Nigeria), and Red Sea Housing Services (Saudi Arabia).
Related Reports:
Cladding Systems Market by Material (Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Component (Walls, Roofs, Windows & Doors), Function (Insulation, Air & Vapor Control, Precipitation Control), by Application - Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/cladding-system-market-148899031.html
Fiber Cement Market by Material (Portland cement, Sand, Fiber, And Other Materials Including Paints and Additives), Application (Siding, Roofing, Molding & Trim, and Other Applications), End-Use (Residential and Non-Residential) - Forecast to 2021
http://www.marketsandmarkets.com/Market-Reports/fiber-cement-market-186027265.html
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Subscribe Reports from Building & Construction Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
Share this article