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Companies in this industry are engaged in manufacturing prefabricated wood buildings, as well as wood sections and panels for prefabricated wood buildings. Major companies include American Homestar, Cavco, Champion Home Builders, Clayton Homes, and Skyline (all of the US), as well as Fertighaus Weiss (Germany), GriffnerHaus (Austria), Honkarakenne (Finland), and Matsushima Rinko (Japan).
Top countries for prefabricated wood building manufacture include Canada, Japan, the UK, and the US. Rising incomes and emerging middle classes in developing regions, especially Asia/Pacific, will likely drive an increase in demand for prefabricated housing.
The US prefabricated wood building manufacturing industry includes about 540 companies with combined annual revenue of about $3 billion.
Production of manufactured housing (also called mobile homes) is covered separately, in the Manufactured Home Manufacturing industry profile. Prefabricated wood buildings include houses (modular homes), but unlike manufactured homes, modular homes are not designed to be moved once placed on a site. Some companies produce both manufactured homes and modular homes.
Demand is driven by population growth and the availability of credit. The profitability of individual companies depends on efficient operations and effective marketing. Large companies have advantages of scale in purchasing and marketing. Small companies can compete by serving local markets or by specializing in niche products. The US industry is concentrated: the 50 largest companies account for about 65% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include prefabricated wood houses (or modular homes), log ...
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