Recreational Vehicle Market Size By Vehicle, By Price, By End-use, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023

Description

Recreational Vehicle Market is expected to see sturdy growth through 2032 owing to the rising consumer inclination toward technologically advanced RVs, especially in Europe. Besides, the constantly rising preference for a comfortable and safe driving experience will offer several growth prospects for RVs.

Besides, several technological advancements in RVs to enhance efficiency and lower the overall vehicle weight in view of low carbon emissions will spur its adoption in the future. The introduction of advanced infotainment systems with enhanced navigation capabilities and support will likely influence the recreational vehicle market growth. For instance, recently, SkillAbove announced that it is making specialized diagnostic test tools for RV owners and technicians through its website at RVTesters.com.

Overall, the recreational vehicle industry is segmented in terms of vehicle, end-use, price and region.

Based on vehicle, the class B motorhomes segment is anticipated to witness considerable growth throughout the projected timeframe, primarily due to their efficiency and accessibility. Class B vans are similar to cars, which is anticipated appeal to both experienced RVers and novice owners. Besides, in 2022 the global unit sales of class B motorhomes were nearly 50 thousand units.

By fuel, the diesel recreational vehicle segment held a market share of over USD 15 billion in 2022. Vehicle benefits including more torque, better braking & air-ride suspension, a quieter cockpit in diesel pushers, a longer lifespan, more efficiency with better fuel mileage, and less frequent maintenance are expected to accelerate its adoption in the coming years.

Based on end-use, the B2C/Individual segment is expected to demonstrate sturdy growth owing to the rising interest of millennials and GEN Z population in outdoor recreational activities. Besides, manufacturers are designing and offering customized RVs to meet the changing market needs.

Considering the price, the luxury segment is anticipated to grow considerably. The rising preference of customers for the lavish amenities offered by luxury RVs will drive the growth.

Regionally, the Asia Pacific recreational vehicle industry held over 10% market share and is anticipated to grow considerably through 2032. The regional market growth will be primarily driven by the rising consumer inclination toward leisure activities. Increasing disposable income of upper-middle-class families has surged spending on recreational activities such as camping tourism. The ageing population has also bolstered the industry demand as families prefer to travel to the country for a nomadic lifestyle.

In addition, the presence of the leading players operating in the region that are incorporating strategies such as merger & acquisition strategies, partnerships, and collaborations to increase their market share will positively influence the overall industry outlook.

Product Code: 2967

Chapter 1 Methodology and Scope

1.1 Scope & definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Recreational Vehicle industry 360 degree synopsis, 2018-2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Vehicle trends
2.5 Price trends
2.6 End-use trends

Chapter 3 Recreational Vehicle Market Industry Insights

3.1 Introduction
3.2 Impact of COVID-19
- 3.2.1 North America
- 3.2.2 Europe
- 3.2.3 Asia Pacific
- 3.2.4 Latin America
- 3.2.5 MEA
3.3 Russia- Ukraine war impact
3.4 Industry ecosystem analysis
- 3.4.1 Suppliers
- 3.4.2 Manufacturers
- 3.4.3 Distribution channel analysis
- 3.4.4 End-users
- 3.4.5 Profit margin analysis
- 3.4.6 Vendor matrix
3.5 Price trend analysis, 2022
- 3.5.1 Pricing analysis, by region
  - 3.5.1.1 North America
  - 3.5.1.2 Europe
  - 3.5.1.3 Asia Pacific
  - 3.5.1.4 Latin America
  - 3.5.1.5 MEA
3.6 Cost structure analysis
- 3.6.1 Manufacturing cost
- 3.6.2 Labor cost
- 3.6.3 Others
3.7 Technology & innovation landscape
3.8 Patent analysis
3.9 Key initiative and news
3.10 Regulatory landscape
- 3.10.1 North America
- 3.10.2 Europe
- 3.10.3 Asia Pacific
- 3.10.4 Latin America
- 3.10.5 MEA
3.11 Industry impact forces
- 3.11.1 Growth drivers
  - 3.11.1.1 Growing consumer spending on tourism & camping activities
  - 3.11.1.2 Growth in recreational vehicle parks and development of road infrastructure in North America
  - 3.11.1.3 Rise in adoption of technologically advanced RVs across Europe
  - 3.11.1.4 Rapid expansion of tourism industry in Asia Pacific
  - 3.11.1.5 Emergence of several RV rental companies in Latin America
  - 3.11.1.6 Increasing demand for luxury RVs in the MEA
- 3.11.2 Industry pitfalls & challenges
  - 3.11.2.1 High initial investment and maintenance cost of recreational vehicles
3.12 Growth potential analysis
3.13 Porter's analysis
3.14 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of key market players, 2022
- 4.3.1 Thor Industries, Inc
- 4.3.2 Winnebago Industries
- 4.3.3 REV Recreation Group
- 4.3.4 Forest River, Inc.
- 4.3.5 The Trigano Group
4.4 Competitive analysis of innovative market players, 2022
- 4.4.1 Knaus Tabbert Group
- 4.4.2 Kabe AB
- 4.4.3 Aeonrv
- 4.4.4 Bailey of Bristol
- 4.4.5 Adria Mobil
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Recreational Vehicle Market, By Vehicle (Revenue & Volume)

5.1 Key trends, by vehicle
5.2 Motorhomes
- 5.2.1 Market estimates and forecast, 2018-2032
- 5.2.2 Market estimates and forecast, by class 2018-2032
  - 5.2.2.1 Class A
    - 5.2.2.1.1 Market estimates and forecast, 2018-2032
  - 5.2.2.2 Class B
    - 5.2.2.2.1 Market estimates and forecast, 2018-2032
  - 5.2.2.3 Class C
    - 5.2.2.3.1 Market estimates and forecast, 2018-2032
- 5.2.3 Market estimates and forecast, by fuel 2018-2032
  - 5.2.3.1 Gasoline
    - 5.2.3.1.1 Market estimates and forecast, 2018-2032
  - 5.2.3.2 Diesel
    - 5.2.3.2.1 Market estimates and forecast, 2018-2032
5.3 Caravans
- 5.3.1 Market estimates and forecast, 2018-2032
- 5.3.2 Market estimates and forecast, by type 2018-2032
  - 5.3.2.1 Conventional Caravans
    - 5.3.2.1.1 Market estimates and forecast, 2018-2032
  - 5.3.2.2 Tent Trailer
    - 5.3.2.2.1 Market estimates and forecast, 2018-2032
  - 5.3.2.3 Pop-top
    - 5.3.2.3.1 Market estimates and forecast, 2018-2032
  - 5.3.2.4 Pop-out
    - 5.3.2.4.1 Market estimates and forecast, 2018-2032
  - 5.3.2.5 Camper Trailer
    - 5.3.2.5.1 Market estimates and forecast, 2018-2032
  - 5.3.2.6 Fifth Wheeler
    - 5.3.2.6.1 Market estimates and forecast, 2018-2032

Chapter 6 Recreational Vehicle Market, By Price (Revenue & Volume)

6.1 Key trends, by price
6.2 Standard
- 6.2.1 Market estimates and forecast, 2018-2032
6.3 Luxury
- 6.3.1 Market estimates and forecast, 2018-2032

Chapter 7 Recreational Vehicle Market, By End-use (Revenue & Volume)

7.1 Key trends, by end-use
7.2 B2C/Individual
- 7.2.1 Market estimates and forecast, 2018-2032
7.3 B2B/Fleet owner
- 7.3.1 Market estimates and forecast, 2018-2032

Chapter 8 Recreational Vehicle Market, By Region (Revenue & Volume)

8.1 Key trends, by region
8.2 North America
- 8.2.1 Market estimates and forecast, by vehicle, 2018-2032
- 8.2.2 Market estimates and forecast, by price, 2018-2032
- 8.2.3 Market estimates and forecast, by end-use, 2018-2032
- 8.2.4 U.S.
  - 8.2.4.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.2.4.2 Market estimates and forecast, by price, 2018-2032
  - 8.2.4.3 Market estimates and forecast, by end-use, 2018-2032
- 8.2.5 Canada
  - 8.2.5.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.2.5.2 Market estimates and forecast, by price, 2018-2032
  - 8.2.5.3 Market estimates and forecast, by end-use, 2018-2032
8.3 Europe
- 8.3.1 Market estimates and forecast, by vehicle, 2018-2032
- 8.3.2 Market estimates and forecast, by price, 2018-2032
- 8.3.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.4 UK
  - 8.3.4.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.4.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.4.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.5 Germany
  - 8.3.5.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.5.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.5.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.6 France
  - 8.3.6.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.6.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.6.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.7 Italy
  - 8.3.7.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.7.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.7.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.8 Spain
  - 8.3.8.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.8.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.8.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.9 Sweden
  - 8.3.9.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.9.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.9.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.10 Norway
  - 8.3.10.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.10.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.10.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.11 Netherlands
  - 8.3.11.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.11.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.11.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.12 Turkey
  - 8.3.12.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.12.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.12.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.13 Greece
  - 8.3.13.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.13.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.13.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.14 Hungary
  - 8.3.14.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.14.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.14.3 Market estimates and forecast, by end-use, 2018-2032
- 8.3.15 Georgia
  - 8.3.15.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.3.15.2 Market estimates and forecast, by price, 2018-2032
  - 8.3.15.3 Market estimates and forecast, by end-use, 2018-2032
8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, by vehicle, 2018-2032
- 8.4.2 Market estimates and forecast, by price, 2018-2032
- 8.4.3 Market estimates and forecast, by end-use, 2018-2032
- 8.4.4 China
  - 8.4.4.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.4.4.2 Market estimates and forecast, by price, 2018-2032
  - 8.4.4.3 Market estimates and forecast, by end-use, 2018-2032
- 8.4.5 India
  - 8.4.5.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.4.5.2 Market estimates and forecast, by price, 2018-2032
  - 8.4.5.3 Market estimates and forecast, by end-use, 2018-2032
- 8.4.6 Japan
  - 8.4.6.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.4.6.2 Market estimates and forecast, by price, 2018-2032
  - 8.4.6.3 Market estimates and forecast, by end-use, 2018-2032
- 8.4.7 South Korea
  - 8.4.7.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.4.7.2 Market estimates and forecast, by price, 2018-2032
  - 8.4.7.3 Market estimates and forecast, by end-use, 2018-2032
- 8.4.8 Australia
  - 8.4.8.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.4.8.2 Market estimates and forecast, by price, 2018-2032
  - 8.4.8.3 Market estimates and forecast, by end-use, 2018-2032
8.5 LAMEA
- 8.5.1 Market estimates and forecast, by vehicle, 2018-2032
- 8.5.2 Market estimates and forecast, by price, 2018-2032
- 8.5.3 Market estimates and forecast, by end-use, 2018-2032
- 8.5.4 Brazil
  - 8.5.4.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.5.4.2 Market estimates and forecast, by price, 2018-2032
  - 8.5.4.3 Market estimates and forecast, by end-use, 2018-2032
- 8.5.5 Mexico
  - 8.5.5.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.5.5.2 Market estimates and forecast, by price, 2018-2032
  - 8.5.5.3 Market estimates and forecast, by end-use, 2018-2032
- 8.5.6 UAE
  - 8.5.6.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.5.6.2 Market estimates and forecast, by price, 2018-2032
  - 8.5.6.3 Market estimates and forecast, by end-use, 2018-2032
- 8.5.7 Saudi Arabia
  - 8.5.7.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.5.7.2 Market estimates and forecast, by price, 2018-2032
  - 8.5.7.3 Market estimates and forecast, by end-use, 2018-2032
- 8.5.8 South Africa
  - 8.5.8.1 Market estimates and forecast, by vehicle, 2018-2032
  - 8.5.8.2 Market estimates and forecast, by price, 2018-2032
  - 8.5.8.3 Market estimates and forecast, by end-use, 2018-2032

Chapter 9 Company Profiles

9.1 Abbey Caravans & Leisure
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
9.2 Adria Mobil
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.3 Product Landscape
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
9.3 Airstream, Inc.
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
9.4 Bailey of Bristol
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.4 Strategic Outlook
- 9.4.5 SWOT Analysis
9.5 Barefoot Caravan
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
9.6 Buccaneer Caravans
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
9.7 Burstner
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
9.8 Coachman Caravan Company Limited
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 Strategic Outlook
- 9.8.5 SWOT Analysis
9.9 Compass
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
9.10 CMC Caravan
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
9.11 Dethleffs GmbH & Co. KG
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
9.12 Elddis
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
9.13 Europa Caravans Ltd.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
9.14 Fendt Caravan
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Outlook
- 9.14.5 SWOT Analysis
9.15 LUNAR CARAVANS
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
9.16 Rocket Caravans Ltd
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis
9.17 Swift Group Ltd.
- 9.17.1 Business Overview
- 9.17.2 Financial Data
- 9.17.3 Product Landscape
- 9.17.4 Strategic Outlook
- 9.17.5 SWOT Analysis
9.18 Tabbert
- 9.18.1 Business Overview
- 9.18.2 Financial Data
- 9.18.3 Product Landscape
- 9.18.4 Strategic Outlook
- 9.18.5 SWOT Analysis
9.19 Thor Motor Coach
- 9.19.1 Business Overview
- 9.19.2 Financial Data
- 9.19.3 Product Landscape
- 9.19.4 Strategic Outlook
- 9.19.5 SWOT Analysis
9.20 Xplore.
- 9.20.1 Business Overview
- 9.20.2 Financial Data
- 9.20.3 Product Landscape
- 9.20.4 Strategic Outlook
- 9.20.5 SWOT Analysis

Recreational Vehicle Market Size By Vehicle, By Price, By End-use, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2032