Feb 27 2008
Global prefabricated housing shipments are projected to exceed 836 thousand units by the year 2010. United States and Japan continue to be the major prefabricated housing markets globally during the period 2001-2010. United States is poised to represent the largest regional market, accounting for an estimated 25.83% of global prefabricated shipments worldwide in 2007. Asia-Pacific is the fastest growing prefabricated housing market globally with a CAGR of 6.87% during the period 2001-2010, trailed by Latin America at 6.61%.
Housing Industry in the UK and US is undergoing a drastic makeover with the launch of Systems-built homes. The demerits associated with traditional house building techniques such as escalating construction costs, delays in scheduled delivery, shortage of skilled labor and adverse effects of climatic factors on the construction timing, are more likely to cause a shift in the consumer preference from traditional housing to factory fabricated homes. System-Built Homes availability in a wide array of designs from single to multi-storied apartments with customizable furnishings and components, can be cited as a major reason for growing market acceptance in the US and UK. However, the stringent housing regulations in the US might prove to be serious impediments in the growth of factory-built homes.
Cost benefits of factory production would drive prefabricated housing, but the benefit scale is expected to decrease slightly as large construction builders with capacity to enjoy considerable economies of scale are increasingly contributing in site-building sector. Innovative design and styles are also expected to fuel the demand for prefabricated houses, especially modular homes.
"Prefabricated Housing: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics for key regional markets such as the United States, Europe and others, alongside up and coming markets such as Asia-Pacific and Latin America. Product segments independently analyzed include Manufactured Housing, Modular Housing, Precut Housing, and Panelized Housing.
The report provides a comprehensive review of market trends and issues, drivers, business profile, players, competitive landscape, recent developments, mergers, acquisitions, alliances, product launches and other strategic industry activities. Analytical estimates and projections are presented in terms of annual shipments in units over the years 2001 through 2010 (Recent Past, Current and Future Analysis) and 2011 through 2015 (Long-term Projections).
Major companies covered include All American Homes, LLC, Asahi Kasei Homes, Cavalier Home Builders, LLC, Cavco Industries, Inc., Champion Enterprises Inc., Clayton Homes Inc., Coachmen Industries, Inc., D.R. Horton Inc., Daiwa House Industry Co., Ltd., Fairmont Homes, Inc., Fleetwood Enterprises, Inc., K B Home (Kaufman & Broad), Misawa Homes Co., Ltd., Nationwide Homes, Palm Harbor Homes, PanaHome Corp., Patriot Homes, Inc., Pulte Homes Inc., S x L Corp., Sekisui House, Ltd., Shea Homes, Skyline Homes, Southern Energy Homes, Inc., Taisei Corp., Toyota Home, Village Homes of Colorado Inc., and Wausau Homes Inc.