Global Manufactured & Mobile Homes Market by Type (Manufactured Homes, Mobile Homes), By Application (Residential, Commercial, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global manufactured and mobile homes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for affordable housing, rising disposable income, and growing urbanization. In terms of type, the market is segmented into manufactured homes and mobile homes. The manufactured homes segment is expected to grow at a higher CAGR as compared to the mobile homes segment during the forecast period from 2018 to 2030. This can be attributed to factors such as increased awareness about these types of housing units among consumers and government initiatives in developed countries such as the US and Canada for promoting their use. In terms of application, residential applications account for a major share of the global manufactured and mobile homes market followed by commercial applications. However, other applications are expected to witness higher growth rates during the forecast period from 2018to 2030 owingtoincreasing demandfromemerging economiessuch as Chinaand India . 



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Product Definition:

A manufactured home, also known as a mobile home, is a structure that is built in a factory and transported to its location. A mobile home is designed to be moved from one place to another and typically has wheels or skids for this purpose.

Manufactured Homes:

Manufactured homes are primarily built on-site and transported to the construction site. They are constructed in a controlled environment under the supervision of a licensed contractor. The homes are then transported to the location where they will be occupied, and set up in accordance with building codes enforced by local authorities. Manufactured homes have gained wide acceptance due to low land acquisition cost, reduced environmental impact as well as labor costs involved in their construction.

Mobile Homes:

Mobile homes are small-sized, single-family housing units that are constructed on trailers or trucks. They have wheels and most of them have kitchens and bathrooms inside the unit itself. Mobile homes can be used for temporary or permanent living purposes. Manufactured mobile homes usually consist of a number of interrelated components produced as a complete unit, while mobile home construction involves assembling individual components onto truck chassis in an attempt to create a functional whole (as opposed to manufactured).

Application Insights:

The residential segment accounted for the largest revenue share of over 70% in 2017. The growth can be attributed to increasing urbanization and rising disposable income among households, especially in developing countries such as India, China and Brazil. In addition, favorable government policies related to housing & real estate development are expected to boost industry growth over the forecast period.

Commercial application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing demand for office spaces by companies relocating their head offices from developed countries such as U.S., Canada and U.K.

Regional Analysis:

In 2017, North America accounted for the largest market share of over 40% in terms of revenue. The region is expected to continue its dominance over the forecast period owing to increasing construction activities and growing consumer preference towards residential real estate projects. In addition, supportive government policies are projected to boost industry growth in this region.

Asia Pacific is anticipated to register significant growth during the forecast period due high population density and rapid urbanization coupled with rising disposable income levels among consumers especially millennials who prefer buying houses rather than renting them out or living in rented apartments.

Growth Factors:

Increasing demand for affordable housing: The increasing population and the subsequent increase in the demand for housing has led to a rise in the demand for manufactured and mobile homes. These homes are more affordable as compared to traditional homes, which is why they are becoming increasingly popular.
Rising awareness about the benefits of manufactured and mobile homes: There is a growing awareness among people about the benefits of owning manufactured or mobile homes. Some of these benefits include lower construction costs, easy customization, portability, etc. This is leading to an increase in their popularity across different geographies.
Technological advancements: The manufacturing process of these homes has undergone a lot of changes due to technological advancements over the years. This has resulted in better quality products that are now more durable and long lasting than ever before. Additionally, there have been advances in features such as energy efficiency that have made these homes even more desirable among buyers/owners .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Manufactured & Mobile Homes Market Research Report
By Type
Manufactured Homes, Mobile Homes
By Application
Residential, Commercial, Other
By Companies
Bouygues Construction, Lendlease Corporation, Laing O'Rourke, Seikisui House, Clayton Homes, Champion Homes, Modular Space Corporation, Cavco Industries, Daiwa House, Algeco Scotsman, Red Sea Housing, Redman Homes, Nobility Homes, Palm Harbor Homes, Irontown Homes, Jacobsen Homes, Kwikspace Modular Buildings, KEE Katerra, Pleasant Valley Homes, Woodlund Homes, Blu Homes, Chief Industries, Nationwide Homes, Wardcraft Homes, Commodore Homes, Professional Building Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.

Global Manufactured & Mobile Homes Market Report Segments:
The global Manufactured & Mobile Homes market is segmented on the basis of:
Types
Manufactured Homes, Mobile Homes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Bouygues Construction
Lendlease Corporation
Laing O'Rourke
Seikisui House
Clayton Homes
Champion Homes
Modular Space Corporation
Cavco Industries
Daiwa House
Algeco Scotsman
Red Sea Housing
Redman Homes
Nobility Homes
Palm Harbor Homes
Irontown Homes
Jacobsen Homes
Kwikspace Modular Buildings
KEE Katerra
Pleasant Valley Homes
Woodlund Homes
Blu Homes
Chief Industries
Nationwide Homes
Wardcraft Homes
Commodore Homes
Professional Building Systems



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Highlights of The Manufactured & Mobile Homes Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Manufactured Homes
Mobile Homes
By Application:
Residential
Commercial
Other
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Manufactured & Mobile Homes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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