The global prefabricated
housing market is projected to reach $19.9
billion by 2025, at a CAGR of 4.3% during 2020-2025. The growth of prefabricated
housing market is driven by increasing construction activities, and eco-friendly
practice.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the prefabricated housing market by
material (manufactured homes, modular homes, penalized homes, and precut
homes), construction (single section homes, and multi-section homes), end use
industry (residential, and commercial), and by region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the prefabricated housing market?
Q.4 What are some
changing demands of customers in the prefabricated housing market?
Q.5 What are the new
developments in the prefabricated housing market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this prefabricated housing area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this prefabricated housing market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include increase usage of
cigratte butt bricks in the prefabricated housing industry, and increase usage
of fly-ash in concrete in prefabricated housing.
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clicking on
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Market Segmentation:
Based on home type, the
prefabricated housing market is segmented into manufactured homes, modular
homes, penalized homes, and precut homes. The manufactured homes segment accounted
for the largest share of the market in 2020 and is expected to register the
highest CAGR during the forecast period, as manufactured homes can be easily
relocated without dismantling it and it is placed on a steel chassis with
wheels attached to it.
North America is
expected to be the largest region over the forecast period and it is also
expected to witness the highest growth over the forecast period because
prefabrication promotes sustainability and reduces waste, which is a must
according to Green Building Standards and Certification Systems in North
American countries.
Key Players in the prefabricated
housing market are Algeco Scotsman, Kirby Building Systems LLC, Skyline
Corporation, Lindal Cedar Homes, Butler Manufacturing Company, and others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/ds/prefabricated-housing-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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