Prefabricated Home Manufacturing in the US - Industry Market Research Report
Description
Prefabricated Home Manufacturing in the US - Industry Market Research Report
Prefabricated Home Manufacturing in the US
The Prefabricated Home Manufacturing industry caters to more marginal homebuyers, and therefore experienced a long-delayed recovery over the past five years to 2019 from the recession the traditional housing market had left behind. Rising home prices during the period priced more buyers out of the traditional housing market and raised demand for prefabricated homes. Along with strong growth in revenue, profit margins in the industry have increased over the past five years. Sustained growth in the residential housing market will continue to boost industry sales over the five years to 2024, albeit at a slower rate. While conventional housing starts will outpace manufactured home growth, industry players will increasingly focus on niche markets and premium offerings to enhance their appeal.
Companies in the industry produce manufactured (mobile) and modular (prefabricated) homes and buildings, in addition to wood sections and panels for prefabricated buildings. Manufactured homes are constructed in a factory-controlled environment and often come equipped with wheels. Modular homes are manufactured in sections and then moved to the home site for final assembly.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Prefabricated Home Manufacturing in the US
The Prefabricated Home Manufacturing industry caters to more marginal homebuyers, and therefore experienced a long-delayed recovery over the past five years to 2019 from the recession the traditional housing market had left behind. Rising home prices during the period priced more buyers out of the traditional housing market and raised demand for prefabricated homes. Along with strong growth in revenue, profit margins in the industry have increased over the past five years. Sustained growth in the residential housing market will continue to boost industry sales over the five years to 2024, albeit at a slower rate. While conventional housing starts will outpace manufactured home growth, industry players will increasingly focus on niche markets and premium offerings to enhance their appeal.
Companies in the industry produce manufactured (mobile) and modular (prefabricated) homes and buildings, in addition to wood sections and panels for prefabricated buildings. Manufactured homes are constructed in a factory-controlled environment and often come equipped with wheels. Modular homes are manufactured in sections and then moved to the home site for final assembly.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
53 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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