Potential Impact of COVID-19 on Manufactured Housing Market:

-

Global Manufactured Housing Market: Overview

Manufactured housing is a type of readymade housing solution that involves assembly in factories and then transport to sites of use. It is noteworthy here that more and more people  are opting for these homes over traditional ones because of lesser manufacturing costs, huge savings on time spent in moving in and easy financing available to these homes as compared to traditional homes. House prices rose by 5% in the Euro area (EA19) and by 5.5% in the first quarter of 2020 compared with the same quarter of the previous year. Since traditional housing options are growing increasingly expensive, innovations such as manufactured housing will stand out in the near future. Transparency Market Research projects a sturdy growth rate for the global manufactured housing market over the period of 2020 to 2030.
Looking for Regional Analysis or Competitive Landscape in global manufactured housing market, ask for a customized report

Global Manufactured Housing Market: Competitive Landscape

The manufactured housing market is consolidated on a regional level owing to presence of a small number of manufacturers in mostly developed regions of the world. Top-tier players operating in global manufactured housing market are listed below:
  • Nobility Homes
  • Modular Homeowners
  • Cavco Industries
  • Champion Home Builders
  • Palm Harbor Homes
  • Fleetwood Homes
  • Jacobsen Homes
  • Excel Homes
  • Woodlund Homes
  • Dutch Housing
  • Chief Custom Homes
These manufacturers are expected to grow and expand into the current global scenario which is drawing away from traditional, handmade housing and is ready to accept these cheaper and more viable housing options. To tap into these opportunities, players are opting for measures that fall across multiple points of the organic and inorganic continuum.

Global Manufactured Housing Market: Key Trends and Drivers

  • Manufactured houses offer ownership at lower costs as compared to traditional houses. Various architectural designs which cannot be easy to design in traditional homes can easily be supplanted in manufactured houses. Players focus on providing impressive services to customers, which combined with advancements in technology, is expected to fuel growth of the market over the forecast period
  • A key factor limiting growth of this market is uncertainty over manufactured housing among uninitiated consumers with many yet doubtful over the quality and durability of these houses, leading to hesitation from investing in these projects. However, with awareness programs and growing trust, this would be counterbalanced.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more