Press release
Manufactured Housing Market Development Analysis, Global Trends , Growth Factors, CAGR Status, Industry Insights by 2027
The global manufactured housing market size was valued at $127,188.0 million in 2019, and is projected to reach $38,848.50 million by 2027, registering a CAGR of 6.5% from 2020 to 2027. Growth of the global manufactured housing market is driven by growth in population and rapid urbanization around the globe.Top Players:
The key players profiled in the manufactured housing market report include Berkshire Hathaway Inc., Cavco Industries Inc., Cumberland Japan Co. Ltd., Domino Homes SIA, Nobility Homes Inc., Omar Park Homes Ltd., Q Prefab OÜ, Skyline Champion Corporation, The Commodore Corporation, and Wigo Group.
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Drivers:
Rise in demand for manufactured homes can be attributed to its features such as affordable cost of construction, reduced lead time of construction, and quality control over entire construction in real time. Technological advancements such as computer aided design & manufacturing and 3D printing & construction robotics is expected to boost the demand for manufactured housing across the globe. For instance, Blueprint Robotics Inc. which is U.S. based construction robotics startup, use advanced robots and BIM (Building Information Modeling) for off-site manufacturing of housing units. Experts in the field of construction says that manufactured housing is a promising solution to fill the shortage of affordable housing around the globe.
North America dominated the global manufactured housing market in 2019, in terms of revenue, accounting for around 40.0% share of the global market, followed by Europe and Asia-Pacific respectively. Growth of the manufactured housing market in North America can be attributed to rise in prices of housing units. For instance, in July 2020, Federal Reserve Bank of St. Louis has published the economic data in the U.S., according to this data median selling price of houses has increased by 5.1 % in first quarter of 2020 as compared to first quarter of 2019. Asia-Pacific is expected to register the highest CAGR of 8.80% during the forecast period owing to rapid growth in population and degree of urbanization.
Key Segments:
By Number Of Section
• Single section
• Double section
• Multi-section
By Location
• Private Property
• MH Communities
By Application
• Residential
• Non-residential
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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Manufactured Housing Market Size
2.2 Manufactured Housing Market Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Manufactured Housing Market Size by Manufacturers
3.2 Manufactured Housing Market Key Players Head office and Area Served
3.3 Key Players Manufactured Housing Market Product/Solution/Service
3.4 Date of Enter into Manufactured Housing
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Manufactured Housing Market Sales by Product
4.2 Global Manufactured Housing Market Revenue by Product
4.3 Manufactured Housing Market Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Manufactured Housing Market Breakdown Data by End User
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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