22/07/2021
Precast construction, also known as off-site construction, modular construction, or prefabrication, is one of the fastest growing segments in the construction industry. Grand View Research predicted the average annual growth rate of the global precast concrete industry would be 5.3% in 2021-2028 and would be valued over USD 139.33 billion in 2028.
This rapid growth can be explained by advantages of this technology in term of time, cost, and quality. According to a research of McKinsey & Company, precast construction can speed up the project by as much as 50% and cut cost as much as 20%. As precast elements are produced in factories, this helps to guarantee the quality and precision up to millimeter. With such benefits, this technology will be used more and more in the future.
Equipped with state-of-the-art BIM software and experienced engineers, gbc engineers is a reliable engineering consultant for your precast projects. Based on our knowledge and experience with special requirements of precast construction, we can guarantee the highest precision and the success for your projects.
For more information about our company and projects, please visit: https://www.gbc-engineers.com/
Source: Grand View Research, McKinsey & Company