Market revenue in 2023 | USD 1.0 billion |
Market revenue in 2030 | USD 1.4 billion |
Growth rate | 4.5% (CAGR from 2023 to 2030) |
Largest segment | Structural building components |
Fastest growing segment | Structural Building Components |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Structural Building Components, Architectural Building Components, Transportation, Waste & Water Handling Products, Other Products |
Key market players worldwide | Boral Ltd, Holcim Ltd, Cemex SAB de CV ADR, Larsen & Toubro Ltd DR, Gulf Precast, Olson Precast, Tindall, Laing O'Rourke, Spancrete Corporation, Forterra, Gülermak |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to precast concrete market will help companies and investors design strategic landscapes.
Structural building components was the largest segment with a revenue share of 40% in 2023. Horizon Databook has segmented the Israel precast concrete market based on structural building components, architectural building components, transportation, waste & water handling products, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Rising demand for residential buildings coupled with the increasing projects to improve the country’s degrading infrastructure is expected to raise the demand for precast concrete products, thereby propelling the growth of the market over the forecast period.
In addition, rising road infrastructure upgradation plans to curb the increasing traffic congestion and reducing travel time within the country is expected to add substantial growth in the infrastructure application segment, in turn adding growth to the overall precast concrete market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Israel precast concrete market , including forecasts for subscribers. This country databook contains high-level insights into Israel precast concrete market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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