Product ID: UCMIG20B2005
Manufactured Housing Market Size, Share, Growth Analysis, By NUMBER OF SECTIONS(Single section, Double section), By LOCATION(Private Property, MH Communities), By APPLICATION(Residential, Non-residential), By REGION(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG20B2005 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Manufactured Housing Market Insights
Market Overview:
Manufactured housing (MH) is a type of dwelling that is built mostly or totally off-site at a factory before being transported to a location. Manufactured housing has a lower per-square-foot building cost than traditional on-site built dwellings. Manufactured housing, once known as mobile homes, has gone a long way in terms of building quality, amenities, style, and public perception, yet it still retains some of its original characteristics. The rapid growth of the population and rising infrastructural investment have been critical factors in the market's expansion. Green construction, which incorporates energy efficiency and a lower carbon footprint, is being promoted by governments. During the forecast period, the market is expected to grow due to the constantly increasing population, rising urbanization, lower construction costs, and shorter construction lead times. Furthermore, technical developments, increased government funding on residential construction, and the availability of mortgage financing will all contribute to the growth of the worldwide manufactured housing market.
Manufactured Housing Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Building Products by segment aggregation, the contribution of the Building Products in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Manufactured Housing Market Report Snapshots
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