Global Prefabricated Construction Market to Grow at a CAGR of 6.56% During the Period 2016-2019

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Albany, NY -- (SBWire) -- 01/26/2016 --"The Report Global Prefabricated Construction Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Prefabricated Construction

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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Technavios analysts forecast the global prefabricated construction market to grow at a CAGR of 6.56% during the period 2016-2020.

Covered in this report

The 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.

Technavio's report, Global Prefabricated Construction Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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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Key vendors:

The ACS Group
Balfour Beatty
Bouygues Construction
Julius Berger Nigeria
Komatsu House

Other prominent vendors:

L&T Construction
Red Sea Housing
Taisei

Market driver:

Public infrastructure development
For a full, detailed list, view our report

Market challenge:

High cost of transportation
For a full, detailed list, view our report

Market trend:

Application of BIM in prefabricated building construction
For a full, detailed list, view our report

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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