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Recreational Vehicles Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2019 To 2024

Recreational Vehicles Market

Recreational Vehicles Market

Recreational vehicles market by gasoline segment accounted for around USD 23 billion in 2017 and is expected to continue its dominance over the forecast timeframe. This can be attributed to the lower maintenance and operation cost along with lower taxes compared to the counterparts. Further, lower acquisition costs along with supporting government regulations supporting the petrol vehicles sales over diesel owing to lower pollution are strengthening the recreational vehicles indusstry expansion till 2024.

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Asia Pacific recreational vehicles market is expected to witness significant growth at around 7% over the forecast period. This can be credited to the significant growth of the middle-class population and increasing emphasis on development of tourism in countries including China, India, Thailand, South Korea, Australia, and Japan. According to the U.S. Department of Commerce, China had around 56 active RV manufacturers contributing significant share of the nation's recreational vehicles indusstry, as of 2016.

Industry participants are continuously investing in R&D to enhance efficiency and improving the vehicle performance by incorporating innovative solutions. For instance, in 2018, Winnebago, in partnership with Motiv Power Systems, introduced a fully electric recreational vehicle with a total driving range of up to 125 miles on a single charge. In 2017, Germany based Dethleffs showcased an RV with solar panels fitted on all the walls of the vehicle. This eliminates the constant requirement for charging the batteries and reduces the operating costs significantly.

Some of the key industry players in the recreational vehicles market place include: Winnebago Industries, Thor Industries, REV Recreation Group, and Forest River Inc. Industry participants are engaged in mergers and acquisitions for improving their market share. For instance, in 2016, Thor Industries acquired Jayco for USD 576 million. This acquisition has enabled the company to diversify its portfolio with a wide range of travel trailers, Class A, and Class C motorhomes, and attract a wide of customers.

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Glimpse of Table of Content (ToC): -
Chapter 4. Recreational Vehicles Market, By Vehicle
4.1. Global Recreational vehicle market share by vehicle, 2017 & 2024
4.2. Motorhomes
4.2.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.2.3. Class A
4.2.3.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.3.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.2.4. 4.2.4 Class B
4.2.4.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.4.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.2.5. Class C
4.2.5.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.2.5.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3. Towable RVs
4.3.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3.3. Travel trailer
4.3.3.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.3.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3.4. Fifth wheel
4.3.4.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.4.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)
4.3.5. Tent trailer
4.3.5.1. Market estimates and forecast, 2013 – 2024, (Units) (USD Million)
4.3.5.2. Market estimates and forecast, by region, 2013 – 2024, (Units) (USD Million)

Chapter 5. Recreational Vehicles Market, By Fuel

5.1. Global Recreational vehicles market share by fuel, 2017 & 2024
5.2. Gasoline
5.2.1. Market estimates and forecast, 2013 - 2024, (Units) (USD Million)
5.2.2. Market estimates and forecast, by region, 2013 - 2024, (Units) (USD Million)
5.3. Diesel
5.3.1. Market estimates and forecast, 2013 - 2024, (Units) (USD Million)
5.3.2. Market estimates and forecast, by region, 2013 - 2024, (Units) (USD Million)

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/recreational-vehicles-market

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