About Manufactured Housing
The manufactured housing is commonly known as mobile homes in the United States. It is a type of prefabricated housing that is largely assembled in factories and then transported to sites of use. The affordability of manufactured housing is owing to the efficiencies of the factory-building process. These homes are constructed with standard building materials and are built almost entirely off-site in a factory. The controlled assembly line techniques and construction environment eliminate many of the problems faced during traditional home construction including theft, weather, vandalism, damage to building products & materials, and unskilled labor.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Manufactured Housing market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nobility Homes, Inc. (United States), Cavco Industries, Inc. (United States), Champion Home Builders Inc. (United States), Palm Harbor Homes, Inc. (United States), Fleetwood Homes, Inc. (United States), Jacobsen Manufacturing Inc. (United States), Excel Homes LLC (United States), Woodland Homes of Huntsville, Inc. (United States), Dutch Housing, Inc. (United States) and BonnaVilla (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Manufactured Housing market by Type (Manufactured Homes, Modular Homes and Panelized Homes), Application (Residential and Commercial) and Region.
On the basis of geography, the market of Manufactured Housing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Construction Type, the sub-segment i.e. Single section will boost the Manufactured Housing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Popularity of Energy Efficient Manufactured Housing
Market Growth Drivers:
Technological advancements in Manufactured Housing and Rising Popularity of House Ownership at Low Cost
Restraints:
Lack of Customer Confidence over Manufactured Housing and Availability of Affordable and Attractive Home Loans for Site-Built Homes
Opportunities:
Sellers May Directly Provide Financing to Buyers
Market Leaders and their expansionary development strategies
In March 2024, Crow Holdings, a leading national real estate investment and development firm, has acquired of a privately owned 46-property, 9,838-pad, all-age manufactured housing portfolio across Ohio, Missouri, Illinois, Indiana, Montana, and Florida.
In June 2023, Greystar Launched Modular Attainable Housing Brand that is scaling up five site-built projects using prefab units produced at a new plant in Knox, PA opened in April by its subsidiary, Modern Living Solutions.
Key Target Audience
Manufactured Housing Companies, Raw Material Suppliers, Technology Investors, Traders, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.