Global Prefabricated Construction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts
Pune, Maharastra -- (SBWIRE) -- 01/21/2016 -- The analysts forecast global prefabricated construction market to grow at a CAGR of 6.56% during the period 2016-2020. Prefabricated construction is one of the most widely used modern methods of constructions (MMC) in the world as of 2015. It is a method of construction in which the components of any building or structure are fabricated in a specific manufacturing facility and then installed on the construction site.
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This report covers the present scenario and the growth prospects of the global prefabricated construction market for 2016-2020. To calculate the market size, the report considers the market value of prefabricated construction components in the world during the forecast period.
The report, Global Prefabricated Construction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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The ACS Group
Julius Berger Nigeria
Other prominent vendors
Red Sea Housing
Market driver - Public infrastructure development
Market challenge - High cost of transportation
Market trend - Application of BIM in prefabricated building construction
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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