openPR Logo
Press release

Truck Campers Market Latest Trends by 2018 to 2027

11-02-2018 10:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Millennials: The Demographic at the Forefront of Adoption

The global recreational vehicle market has been witnessing positive growth since the past several years, owing to higher demand by millennials. For instance, the North American Camping Survey conducted in 2017 reveals that, millennials make up around 38 percent of campers. According to the Recreation Vehicle Industry Association (RVIA), in 2016, shipments of recreational vehicles were 430,691 units, which increased to a total of 504,599 units in 2017 represented a 17.2% growth. RVIA anticipates that this growth would be consistent in the coming years, thus driving the demand for recreational vehicles, such as truck campers. A truck camper supports an active and balanced lifestyle, as it enables the user to experience the outdoors. In addition, owning a truck camper is highly valued, as it saves travelling costs as compared to other forms of travelling. According to RVIA, recreational vehicle ownership has increased considerably since the past years. This is expected to present potential growth opportunities for recreational vehicles, consequently influencing the growth of the global truck campers market.

Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=713

Convenience and Functionality – Key Influencers for Consumers

With the growing demand for recreational vehicles, manufacturers have been focusing on developing novel motor homes. A truck camper is no exception, as manufacturers have developed extendable luxurious homes on wheels, recently. For instance, Pinnacle Vehicles has developed a new truck camper called Finetza, which is India’s first extendable motor home. Finetza is equipped with elegant décor, and includes every other amenity that an individual uses regularly, including Wi-Fi connections, USB ports, and a small cafeteria. In addition, the stylish interiors comprising ceiling accents, trim accents, and railings offer a warm and pleasant experience. This is likely to create demand for luxurious truck campers in the coming years, thus pushing the growth of the global truck campers market.

Penetration of Automotive Grade Linux Growing

AGL (Automotive Grade Linux) is being implemented in infotainment systems, as automakers are focusing on the connected vehicles concept. The Automotive Grade Linux project is connecting automakers, suppliers, and technology companies to speed up the development and use of open software pile for connected vehicles. In addition to AGL, manufacturers of truck campers are developing high-end auto infotainment systems with a view to attract more customers (RVers). For instance, Garmin International has introduced the RV-BBT601, a portable auto infotainment system. It includes a 6" touchscreen display, wireless connectivity, and navigation system that is best in class. Such advanced infotainment systems are anticipated to significantly contribute to the growth of the global truck campers market in the years to follow.

View Full Report @ https://www.factmr.com/report/713/truck-campers-market

‘Solar’ Trending in Recreational Vehicle Space

Not only residential and commercial buildings, but the importance of solar technology has tapped the recreational vehicle space as well. Initially, truck campers needed an external source for battery charging. Depending upon the battery size and capacity, the frequency of charging varied. However, it caused inconvenience for the user to charge batteries after every single travel. With solar technology on board, this inconvenience is eliminated, as batteries are charged on a continuous basis, with solar panels situated on the roof of the truck camper. Moreover, along with the time saving benefit offered by solar technology, it is also maintenance-free, and syncs well with the 12 volt electrical system present in the truck camper. In addition, solar power is a clean energy source that does not emit fumes like generators. Moreover, with developments in the design specifications of solar panels, such as thin film or flexible solar panels with portability option, it becomes convenient to carry the panel owing to its light weight, as such, not impacting the efficiency of the truck camper.

The use of solar technology in combination with hybrid truck campers is expected to spur the demand for this recreational vehicle in the coming years. In hybrid truck campers, electricity as well as fuel (diesel or gas) are used for running the vehicle. When it comes to solar, it becomes even more economical, as the cost of fuel refilling reduces considerably. A truck camper can run on electricity with help of high capacity batteries that are continuously charged using solar panels. The only limitation associated with this technology is the cost of the solar panels, which might increase based on the vehicle capacity and battery size. Additionally, two sets of solar panels would be necessary – one for charging big batteries for vehicle running and another set of panels for charging interior electrical systems. However, this being a onetime investment, post the ROI, the user can experience free travel.

Request TOC of this Report @ https://www.factmr.com/connectus/sample?flag=T&rep_id=713

Also, manufactures have developed truck campers that completely rely on solar energy. For instance, Dethleffs Inc. has introduced an electric truck camper that runs on solar power alone, and does not need charging stations, making it a popular choice for users that prefer zero maintenance and economical travel. Key participants involved in the global truck campers market include Dethleffs, Fiat, Adria Mobil, Trillium Trailers, Pinnacle Vehicles, and Roadtrek Motorhomes/Erwin Hymer Group, among others.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact us

Fact.MR

353-1-6111-593

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Truck Campers Market Latest Trends by 2018 to 2027 here

News-ID: 1348353 • Views:

More Releases from Fact.MR

Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
03-28-2024 | Food & Beverage
Fact.MR
Global Instant Coffee Market Forecasted to Reach $69.2 Billion by 2033
The global instant coffee market is expected to grow rapidly, with a compound annual growth rate (CAGR) of 5% between 2023 and 2033. According to Fact.MR, a prominent provider of market research and competitive information, global demand for instant coffee is predicted to increase, reaching US$ 69.2 billion by the end of 2033. Instant coffee is a quick and practical alternative, requiring just the addition of an instant coffee sachet to
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
03-28-2024 | Sports
Fact.MR
Ice Skating Equipment Market worth is poised to reach US$ 1478 Billion in 2033
The global ice skating equipment market garnered a market value of US$ 6.87 Billion in 2022 and is expected to accumulate a market value of US$ 16.26 Billion by registering a CAGR of 9% in the forecast period 2023-2033. Ice skating is a popular activity observed in numerous snow-clad regions around the world, serving various purposes including exercise, leisure, and excitement. This recreational pursuit can occur in specially prepared ice arenas
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2032
Global Barcode Software Market is predicted to be valued at US$ 1.4 Billion by 2 …
The barcode software market is predicted to grow at a moderate CAGR of 6.3% over the forecast period of 2022 to 2032. The barcode software market is estimated to achieve a net worth of about US$ 1.4 Billion in the year 2032, improving from US$ 694.9 Million recorded in 2021. For more insights into the Market, Get A Sample of this Report! https://www.factmr.com/connectus/sample?flag=S&rep_id=7368 The barcode software market emerges as a crucial enabler of
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% from 2023 to 2033
Hardware Acceleration is forecasted to accelerate at a commendable CAGR of 51% f …
The global hardware acceleration market stands at US$ 2.87 billion in 2023. Worldwide demand for hardware acceleration technology is projected to skyrocket at a CAGR of 51% and reach a market value of US$ 177 billion by 2033. Hardware acceleration refers to the use of specialized hardware components to perform specific tasks more efficiently than general-purpose processors. This technology has gained significant traction across various industries due to its ability to

All 5 Releases


More Releases for Vehicle

Connected Car Devices Industry Forecast to 2028 Global Market Analysis by Commun …
Connected car devices assist in monitoring vehicles and drivers. These devices update owners and fleet managers about the emissions, vehicle performance, vehicle maintenance, on-board diagnostics (OBD), pertaining to fuel economy index, etc. Also, it provides GPS tracking and real-time alerts. Increasing concerns and awareness regarding safety and high demand for advanced system and safety features in vehicles are driving the growth of the connected car devices market. Sample PDF showcases the
Steering Tie Rod Market Vehicle (Passenger car, Commercial vehicle, and Heavy-du …
A steering tie rod is an integral part of the steering mechanism in an automobile as it is a lean structural bar or rod which is used as a tie and it is capable of carrying only ductile loads. The rod tends to transmit a force from the rack gear to the steering knuckle, which enables the wheel to turn while the vehicle is moving. This tie rod comprises two
Offshore AUV & ROV Market by ROV, High Capacity Electric Vehicle, Small Vehicle, …
This study report Global Offshore AUV & ROV Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies. The report investigates and analyzes
Automotive ABS and ESC Market Report 2018: Segmentation by Product (Three Channe …
Global Automotive ABS and ESC market research report provides company profile for Robert Bosch, TRW, Machino, Haldex, Aisin Seiki, Hitachi, Autoliv, Contenental, Delphi, Denso and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The
Vehicle to Vehicle (V2V)/Vehicle to Infrastructure (V2I) Market expected to grow …
The V2V/V2I market has penetration into different technologies such as smart sensors, big data analytics and cloud computing. The smart sensors manage and control traffic on the roads by offering the drivers and passengers a plethora of advanced transport services aimed at improving driving efficiency and safety. Big data analytics aids the companies in understanding the user requirements and expectations thus bringing about relevant changes in the automotive developments. Vehicular
Wheelchair Accessible Vehicle Market : by Vehicle Type - Large Size Vehicle, Med …
Researchmoz added Most up-to-date research on "2017 Global Wheelchair accessible vehicles Industry Report" to its huge collection of research reports. This report is an essential reference for those who look for detailed information on global Wheelchair accessible vehicles market. The report covers data on national, regional, and global markets including historical and future trends for supply, demand, prices, trading, competition as well as global major vendors' information. In addition