Press release
Europe Van Market with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2031
According to a recent report published by Allied Market Research, titled, "Europe Van Market by vehicle type: opportunity analysis and industry forecast, 2022-2031," the Europe van market was valued at $81.2 billion in 2021, and is projected to reach $142.6 billion by 2031, registering a CAGR of 5.6% from 2022 to 2031.UK is a major van market in Europe. Increase in working from home, as a result of the coronavirus crisis, has led to rise in popularity of motorhomes. According to the firm, which converts Volkswagen Transporter vans into campers, there has been a noticeable trend of customers buying its vehicles as somewhere to work from home or as a mobile office. The vehicles act as a base for camping trips and staycations. Volkswagen stated that the coronavirus pandemic has led to rise in demand for motorhomes as customers become more interested in driving holidays and trips around the UK.
Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/32254
Key manufacturers have carried numerous developments in the Europe van market. For instance, in August 2022, Mercedes-Benz expanded its Marco Polo family with new micro-camper panel van module for T-Class. According to the company, T-Class serves families and leisure enthusiasts who need plenty of space but in a more compact vehicle. The T-Class is essentially a posher version of the Citan. In addition, in May 2022, Volkswagen commercial vehicles launched a new Engineered To Go conversion for Crafter Luton van, with Palfinger tail lift available as a model. The Palfinger V500LQ tail lift provides 500kg lifting capacity on an aluminum load platform. The Crafter Luton tail lift conversion is built on the brand's innovative chassis cab.
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KEY FINDINGS OF THE STUDY
By vehicle type, the medium van segment dominated the Europe van market in 2021, in terms of revenue
By country, the UK is estimated to grow by witnessing the fastest CAGR of 7.8% across the forecast period
Prominent players operating in this van market in Europe are Adventure Van, Affinity RV Sp. z o. o, Alphavan GmbH, Bilbo's Design, Concept Mutli-Car, CoTrim, Danbury, Devon Conversions, Laika Caravans, and Vanderlust.
Browse Complete Report at
https://www.alliedmarketresearch.com/europe-van-market-A31804
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About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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