What is Manufactured Housing Market?
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.
The market study is being classified by Type (Manufactured Homes, Modular Homes and Panelized Homes), by Application (Residential and Commercial) and major geographies with country level break-up.
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 profiled in the study.
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Manufactured Housing market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Manufactured Housing market by Type, Application 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 2020. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Technological advancements in Manufactured Housing
- Rising Popularity of House Ownership at Low Cost
- Rising Popularity of Energy Efficient Manufactured Housing
- Lack of Customer Confidence over Manufactured Housing
- Availability of Affordable and Attractive Home Loans for Site-Built Homes
- Sellers May Directly Provide Financing to Buyers
On 5 Jan 2018, Skyline Corporation and Champion Enterprises Holdings, LLC, the parent company of Champion Home Builders, Inc., have announced that they have entered into a definitive agreement for the two companies to combine their operations.
Key Target AudienceManufactured Housing Companies, Raw Material Suppliers, Technology Investors, Traders, End Users and Others