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The global manufactured housing market was valued at $27,188 million in 2019, and is projected to reach $38,848 million by 2027, registering a CAGR of 6. 5%. Manufactured housing (MH) is a housing unit which is built partially or fully off-site in factory and is later transported and installed at designated project site. Manufactured homes are constructed as per the strict rules and regulations laid down by the regulatory body. For instance, in the U. S. it is mandatory that manufactured housing units should comply with the federal HUD code, which was laid down by the U. S. Department of Housing and Urban Development in June 1976. According to MHI (Manufactured Housing Institute) based in the U,. S., construction cost for per square foot manufactured homes is around 30% to 50% less as compared to on-site build conventional homes.