Class A Trailer-type RV Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2029 - Thor Industries, Forest River, Winnebago Industries, REV Group, Gulf Stream Coach

The “Class A Trailer-type RV Market” report provides 2021-2027 a detailed market overview based on current and future trends that will determine the profit structure. Market size, demand, supply chain, market growth factors, and future trends. It involves an in-depth study of the current trends leading to this vertical trend in different regions. The report provides important information related to components and factors such as market size, market share, market segmentation, main growth drivers, and market competition. Class A Trailer-type RV market segments are highlighted by type and application, region, and major players. It provides key statistics on the market conditions of major market participants.

“The Class A Trailer-type RV Market is predicted to register a CAGR of 12% over the forecast period 2021 – 2027.”

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Key Competitors of the Class A Trailer-type RV market is:

Thor Industries, Forest River, Winnebago Industries, REV Group, Gulf Stream Coach, Deeson RV, ETRV Technology Co., Jiangsu Defa, Feishen

Recent Development:

In August 2020, Forest River announced that it is expanding its operations in DeKalb and LaGrange counties. The company said it may invest USD 3.5 million to expand its 20-acre manufacturing campus at 685 E. Main St. in Butler. The new facilities are expected to allow the company to enhance the production of the XLR Toy Hauler.

Thor has acquired 16 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets. Thor’s largest acquisition to date was in 2021 when it acquired Airxcel for $750M. Its largest disclosed sale occurred in 2013 when it sold Thor - Bus Business to REV Group for $100M. Thor has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include automotive (88%) and manufacturing (7%).

REV Group has acquired 12 companies, including 9 in the last 5 years. A total of 5 acquisitions came from private equity firms. REV Group’s largest acquisition to date was in 2013 when it acquired Thor - Bus Business for $100M. REV Group has acquired in 7 different US states. The Company’s most targeted sectors include automotive (100%).

Impact of COVID-19 on the Class A Trailer-type RV Market:

The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.

Major Types covered are:

1-6 Persons
1-10 Persons
1-14 Persons
Other

Major Applications covered are:

Home
Commercial

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North America to Witness Significant Growth

The North American recreational vehicle market is the largest across the globe. RV is highly popular among Americans, and over 11% of households own it. Over 1 million households in the United States live in RVs full time. It allows travelling at 20–60% less cost, which is mainly driving the popularity of RV among millennials. The recreational vehicle market contributes an overall USD 114 billion to the US economy, employing over 600,000 people. Thus, RV is one of the global industries in the US economy.

Over the next few years, the United States is expected to drive revenue growth of the North American recreational vehicles market. The Canadian recreational vehicles market may also exhibit significant growth in the years to come. Canada is expected to gain more than 15 BPS. It is expected to hold more than a 10% share of the North American recreational vehicles market until the end of the forecast period.

Regional market Class A Trailer-type RV (regional production, demand and forecast by country):

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situations, most important trade models, and consequently the possible headways in services with the aid of using crucial gamers inside the upcoming years.

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Report Features:

To project the value and sales volume of the Class A Trailer-type RV market, concerning key regions.
To analyses competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To study and analyses the global Class A Trailer-type RV market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
To understand the structure of the Class A Trailer-type RV market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, industry-specific challenges, and risks).

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