Global Modular Homes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:
The latest research study on the global Modular Homes market finds that the global Modular Homes market reached a value of USD 29000.0 million in 2022. It’s expected that the market will achieve USD 30000.0 million by 2028, exhibiting a CAGR of 0.57% during the forecast period.
LimitationsDue to the slowdown of the economic development of the United Kingdom and Japan as developed countries, domestic demand is weak. Consumer demand for commerce, consumer entertainment, hotels, personal residences, etc. continues to decline. The ability of these industries to obtain funds is reduced. The demand for infrastructure construction will also be reduced, which may limit the development of the modular homes industry.
Since some consumers have less knowledge about modular homes, they hold prejudices against modular homes and do not trust the quality of modular homes. They are more inclined to traditional buildings than modular homes. This part of consumers' distrust of modular homes may limit the development of modular homes. This requires manufacturers to promote the Modular Homesmore effectively.
Because Japan is located in the Pacific volcanic seismic zone, earthquakes occur frequently, and modular buildings lack reliability. Some people will not choose a modular house. This has hindered the growth of the Japanese module home market to some extent.
Region Overview:Japan had the highest growth rate of all regions.
Key Companies in the global Modular Homes market covered in Chapter 3:Guerdon Enterprises LLC
Hickory Group
Pleasant Valley Homes
Kleusberg GmbH & Co. Kg
New Era Homes
Cavco Industries, Inc.
Wernick Group
Modscape
Red Sea Housing
Algeco Scotsman
Horizon North Logistics
Bouygues Construction
Redman Homes
Alta-Fab Structures
Modular Space Corporation
NRB Inc.
Laing O'rourke
Seikisui House
KEE Katerra
Lebanon Valley Homes
Lendlease Corporation
Daiwa House
Art's Way Manufacturing
Kwikspace Modular Buildings
Westchester Modular Homes
Koma Modular
Champion
Fleetwood Australia
Clayton Homes
Pratt Construction Incorporated
In Chapter 4 and Chapter 14.2, on the basis of types, the Modular Homes market from 2018 to 2029 is primarily split into:Modular Construction (Volumetric)
Panelized Construction (Non-volumetric)
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Modular Homes market from 2018 to 2029 covers:Industrial
Residential
Commercial
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)