Market Overview:
The global modular precast construction product market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for modular construction products in residential, industrial, and commercial buildings across the globe. In addition, growing awareness about energy-efficient and green building practices is also contributing to the growth of this market. The modular precast construction product market can be segmented on the basis of type into columns & beams, floors & roofs, girders, walls, staircases, lintels and paving slabs. On the basis of application, it can be divided into residential building (including single-family homes and multi-family homes), industrial building (including factories/manufacturing plants and warehouses), commercial building (including office buildings and retail stores), educational institutions (schools/colleges/universities) healthcare institutions (hospitals/clinics) government infrastructure projects transportation infrastructure projects). The global modular precast construction product market has been studied for regions such as North America Latin America Europe Asia Pacific Middle East Africa with further country-level analysis included for key countries such as U.S., Canada Mexico Brazil Germany France Italy Spain China India Japan South Korea UAE Saudi Arabia .
Product Definition:
A modular precast construction product is a prefabricated building unit that is factory-made and typically composed of concrete, glass, metal, or plastic. Modular units are used to construct everything from homes and office buildings to hospitals and schools. The benefits of modular construction include speed of assembly, reduced waste, improved quality control, and cost savings.
Columns & Beams:
By product, the market is segmented into beams, columns and sections. The usage of these products in modular construction is increasing rapidly owing to their lightweight property which reduces the overall weight of building structures by a significant amount. Also it decreases carbon emissions during construction activities as compared to traditional building materials such as steel and concrete.
Floors & Roofs:
Floors and roofs are the two major components of modular precast construction. They are made up of different materials such as wood, plastic, metal sheets and other raw materials. The primary function of floors is to provide a stable platform for building structures while the roof provides protection from rain or snow and also helps in insulation.
Application Insights:
The residential building application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to increasing urbanization and rising disposable income in developing countries including India, China, Brazil and so on. In addition, favorable government policies promoting home ownership are expected to boost the demand for modular precast concrete construction products over the forecast period.
The commercial building application segment is expected to witness significant growth owing to rapid industrialization and urbanization in emerging economies including Russia, India and China. In addition, a rise in infrastructural development activities coupled with an increase in investments from private players will fuel product demand over the forecast period.
Modular precast concrete construction offers cost-effective solutions while constructing office spaces or retail outlets that require flexible design options along with ease of installation process that helps achieve time schedules & budget constraints easily.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional growth can be attributed to increasing construction activities in emerging economies, such as China and India. In 2016, China accounted for a share of 22% of global GDP and India for 6.5% of global GDP thus making them among the largest economies in the world.
The Middle East & Africa is also expected to witness significant growth owing to rapid development taking place across major cities including Dubai, Abu Dhabi, Doha.
Growth Factors:
- Increasing demand for faster and more efficient construction methods
- Rising demand from the non-residential sector
- Growing popularity of precast construction among architects and engineers
- Advances in manufacturing technology and design innovation
- Government initiatives to promote precast construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Precast Construction Product Market Research Report
By Type
Columns & Beams, Floors & Roofs, Girders, Walls, Staircases, Lintels, Paving Slabs
By Application
Residental Building, Industrial Building, Commerical Building
By Companies
Acs actividades de construccion 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), Red sea housing services (Saudi Arabia)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Modular Precast Construction Product Market Report Segments:
The global Modular Precast Construction Product market is segmented on the basis of:
Types
Columns & Beams, Floors & Roofs, Girders, Walls, Staircases, Lintels, Paving Slabs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residental Building, Industrial Building, Commerical Building
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acs actividades de construccion 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)
- Red sea housing services (Saudi Arabia)
Highlights of The Modular Precast Construction Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Columns & Beams
- Floors & Roofs
- Girders
- Walls
- Staircases
- Lintels
- Paving Slabs
- By Application:
- Residental Building
- Industrial Building
- Commerical Building
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modular Precast Construction Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Modular precast construction products are made from a variety of materials, including concrete, steel, and plastic. They are designed to be assembled into structures using a modular system. This allows for quick and easy installation of the product, which can save time and money.
Some of the major companies in the modular precast construction product market are Acs actividades de construccion 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¢â‚¬â„¢Rourke (U.K.), Julius berger nigeria Plc (Nigeria), Red sea housing services (Saudi Arabia).
The modular precast construction product market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Modular Precast Construction Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Modular Precast Construction Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Modular Precast Construction Product Market - Supply Chain
4.5. Global Modular Precast Construction Product Market Forecast
4.5.1. Modular Precast Construction Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Modular Precast Construction Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Modular Precast Construction Product Market Absolute $ Opportunity
5. Global Modular Precast Construction Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Modular Precast Construction Product Market Size and Volume Forecast by Type
5.3.1. Columns & Beams
5.3.2. Floors & Roofs
5.3.3. Girders
5.3.4. Walls
5.3.5. Staircases
5.3.6. Lintels
5.3.7. Paving Slabs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Modular Precast Construction Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Modular Precast Construction Product Market Size and Volume Forecast by Application
6.3.1. Residental Building
6.3.2. Industrial Building
6.3.3. Commerical Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Modular Precast Construction Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Modular Precast Construction Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Modular Precast Construction Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Modular Precast Construction Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Modular Precast Construction Product Demand Share Forecast, 2019-2026
9. North America Modular Precast Construction Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Modular Precast Construction Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Modular Precast Construction Product Market Size and Volume Forecast by Application
9.4.1. Residental Building
9.4.2. Industrial Building
9.4.3. Commerical Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Modular Precast Construction Product Market Size and Volume Forecast by Type
9.7.1. Columns & Beams
9.7.2. Floors & Roofs
9.7.3. Girders
9.7.4. Walls
9.7.5. Staircases
9.7.6. Lintels
9.7.7. Paving Slabs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Modular Precast Construction Product Demand Share Forecast, 2019-2026
10. Latin America Modular Precast Construction Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Modular Precast Construction Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Modular Precast Construction Product Market Size and Volume Forecast by Application
10.4.1. Residental Building
10.4.2. Industrial Building
10.4.3. Commerical Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Modular Precast Construction Product Market Size and Volume Forecast by Type
10.7.1. Columns & Beams
10.7.2. Floors & Roofs
10.7.3. Girders
10.7.4. Walls
10.7.5. Staircases
10.7.6. Lintels
10.7.7. Paving Slabs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Modular Precast Construction Product Demand Share Forecast, 2019-2026
11. Europe Modular Precast Construction Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Modular Precast Construction Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Modular Precast Construction Product Market Size and Volume Forecast by Application
11.4.1. Residental Building
11.4.2. Industrial Building
11.4.3. Commerical Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Modular Precast Construction Product Market Size and Volume Forecast by Type
11.7.1. Columns & Beams
11.7.2. Floors & Roofs
11.7.3. Girders
11.7.4. Walls
117.5. Staircases
11.7.6. Lintels
11.7.7. Paving Slabs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Modular Precast Construction Product Demand Share, 2019-2026
12. Asia Pacific Modular Precast Construction Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Modular Precast Construction Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Modular Precast Construction Product Market Size and Volume Forecast by Application
12.4.1. Residental Building
12.4.2. Industrial Building
12.4.3. Commerical Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Modular Precast Construction Product Market Size and Volume Forecast by Type
12.7.1. Columns & Beams
12.7.2. Floors & Roofs
12.7.3. Girders
12.7.4. Walls
12.7.5. Staircases
12.7.6. Lintels
12.7.7. Paving Slabs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Modular Precast Construction Product Demand Share, 2019-2026
13. Middle East & Africa Modular Precast Construction Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Modular Precast Construction Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Modular Precast Construction Product Market Size and Volume Forecast by Application
13.4.1. Residental Building
13.4.2. Industrial Building
13.4.3. Commerical Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Modular Precast Construction Product Market Size and Volume Forecast by Type
13.7.1. Columns & Beams
13.7.2. Floors & Roofs
13.7.3. Girders
13.7.4. Walls
13.7.5. Staircases
13.7.6. Lintels
13.7.7. Paving Slabs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Modular Precast Construction Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Modular Precast Construction Product Market: Market Share Analysis
14.2. Modular Precast Construction Product Distributors and Customers
14.3. Modular Precast Construction Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acs actividades de construccion y servicios, S.A (Spain)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Komatsu Ltd (Japan)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. bouygues construction (France)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Larsen & Toubro Limited (India)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Taisei corporation (Japan)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Balfour beatty Plc (U.K.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. kiewit corporation (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Laing ORourke (U.K.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Julius berger nigeria Plc (Nigeria)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Red sea housing services (Saudi Arabia)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
