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Strong Growth Expected in Travel Trailer and Camper Market, Reaching $143.66 Billion by 2028 with 8.3% CAGR
Travel Trailer And Camper Market Report
As per the report, the travel trailer and camper market size has grown strongly in recent years. It will grow from $96.27 billion in 2023 to $104.59 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The travel trailer and camper market size is expected to see strong growth in the next few years. It will grow to $143.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
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Technological Advancements Paving The Way For Growth In The Travel Trailer And Camper Market
Advances in technology are expected to be a continued driver of travel trailer and camper market growth in the forecast period. The global travel trailer and camper industries have experienced many technological advances in the last decade, and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles in 2021 include blind-spot monitoring; heated seats; front and rear parking sensors; All-wheel or four-wheel drive; Lane-departure warning; Apple CarPlay and/or Android Auto; Power front passenger seat; LED accent lights; Ventilated or cooled seats; Memory driver's seat. These innovations are expected to drive the travel trailer and camper market during the forecast period.
Embracing Sustainability Solar Panels Revolutionizing Travel Trailers And Campers Market
Travel trailer and camper manufacturers are increasingly installing solar panels in travel trailers for the creation of a sustainable environment. A travel trailer traditionally depends on the use of noisy generators for its function. Solar panels do not make noise and are ultra-portable and lightweight. Solar panels can be easily mounted on trailers and convert sunlight into power, which can be used for the functioning of travel trailers. For instance, Renogy, Go Power, and Zamp Solar are examples of companies manufacturing solar panels and related systems for travel trailers and campers.
The travel trailer and camper market covered in this report is segmented -
1) By Type: Travel Trailer, Camper
2) By Fuel: Gasoline, Diesel
3) By Application: On Raod, Off Raod
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Major companies operating in the travel trailer and camper market report are Eclipse Recreational Vehicles Inc., Thor Industries Inc., Little Guy Trailers, Forest River Inc., REV Group Inc., Jayco Inc., Heartland RV, Apollo Tourism & Leisure Ltd., Dutchmen RV, Fleetwood Corporation Limited, Grand Design RV, K-Z RV, DRV, Capri Camper, Columbia Northwest, Gulf Stream Coach Inc., Keystone RV, Northwood Manufacturing, Bigfoot Industries Inc., Oliver Travel Trailers, Cruiser RV, Casita Travel Trailers, Airstream, nüCamp RV, Entegra Coach, Crossroads India Assistance Pvt Ltd., Lance Camper Manufacturing Corporation, Adventurer Manufacturing, Bundutec USA, Highland Ridge
Contents of the report:
1. Executive Summary
2. Travel Trailer And Camper Market Report Structure
3. Travel Trailer And Camper Market Trends And Strategies
4. Travel Trailer And Camper Market - Macro Economic Scenario
5. Travel Trailer And Camper Market Size And Growth
…..
27. Travel Trailer And Camper Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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