Recreational Vehicles Market By Vehicle (Towable RVs (Tent Trailer, Fifth Wheel and Travel Trailer) and Motorhomes (Class A, Class B and Class C)) and Fuel (Diesel and Gasoline) - Global Industry Analysis And Forecast To 2025
The recreational vehicle is normally referred to as RV is the trailer or motor vehicle that incorporates the living quarters intended for accommodation for temporary time span. Different types of RVs incorporate campervans, motorhomes, fifth-wheel trailers, ruck campers, truck campers and caravans (also referred to as camper trailers and travel trailers). The comforts typically present in the RV incorporate the kitchen, a washroom, and at least one resting facility. They can extend from the utilitarian, consisting just resting quarters and fundamental cooking facility, to various luxurious features such as water heaters, air conditioning (AC), satellite receptors and TVs, and also the quartz countertops. Therefore, the Recreational Vehicles Market is anticipated to expand and has tremendous scope during the forecast period. The global Recreational Vehicles Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Based on Vehicle the market is segmented into Towable RVs (Tent Trailer, Fifth Wheel and Travel Trailer) and Motorhomes (Class A, Class B and Class C). The Motorhomes section is leading the market with about half the market shares due to more luxury & more convenience offered by these vehicles.
Based on Fuel the market is segmented into Diesel and Gasoline. The Gasoline section is leading the market due to the vehicles with this fuel been cost effective & these vehicles require less maintenance.
The North American region is leading the global Recreational Vehicles Market owing to primary manufacturers, exporter & distributor present in this region, increasing demand from the people in this region, etc.
Recreational Vehicles Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
REV Recreation Group
Forest River Inc.
Grand Desigh RV
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?