Lucintel’s latest market report analyzed that prefabricated housing provides attractive opportunities in residential and commercial end use. The prefabricated housing market is expected to reach $19.9 billion by 2025 with a CAGR of 4.3%. In this market, manufactured home is the largest segment by home type, whereas residential end use is largest by end use. The increase usage of cigratte butt bricks in the prefabricated housing industry, and increase usage of fly-ash in concrete in prefabricated housing provides strategic growth path in this market.
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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.
Browse in-depth TOC on “Prefabricated Housing Market”
93 – Tables
131 – Figures
215 – Pages
The prefabricated housing market is marked by the presence of several big and small players. Some of the prominent players offering prefabricated housing include Algeco Scotsman, Kirby Building Systems LLC, Skyline Corporation, Lindal Cedar Homes, Butler Manufacturing Company, and others.
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