Global recreational vehicles market size, 2015–2021
1. Published By:Zion Market Research
Recreational Vehicles Market: Industry Perspective, Comprehensive
Analysis and Forecast, 2015 – 2021
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2. Recreational Vehicles Market
Recreational vehicles are simple motor vehicles or trailers that are modified with facilities and
leaving the place such as the home. Recreational vehicles can be used on highways or off the
highways for the purpose of camping, vacation, and pleasure. Recreational vehicles are also
known as the motorhome, camper van, and caravan. The main advantages of recreational
vehicles are they provide the user with leisure facilities such as bathroom facilities, kitchen,
sleeping beds during travel and camping. However, having recreational vehicles is not an easy
task. It requires license and registration and it needs to follow some rules. Earlier, recreational
vehicles were traditionally facilitated with sleeping beds, kitchens, bathrooms, and air-
conditioning. Modern recreational vehicles are totally different and are equipped with additional
communication systems, high-tech entertainment, making it more comfortable and convenient
for the user. Moreover, electronic gadgets are introduced in the recreational vehicles such as
satellite dishes, cellular phones, CD and DVD players, video game systems, and flat-screen TVs.
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vehicles-market
Some of the major growth factors of the global recreational vehicles market are high-tech
features, advanced technology, improved economy, and higher consumer confidence. In
addition, increasing interest of young and old generation in recreational vehicles will also boost
the recreational vehicle’s market in the near future. Moreover, cool gadgets and innovative
features will also increase the demand in the coming future. Technological advancements and
3. Recreational Vehicles Market
high-tech features integrated into these vehicles will impact the growth of the market in a
positive way.
On the basis of product type, the global recreational vehicles market is segmented as the travel
trailer, motor homes, camping trailers, and campers. The motorhomes segment is further sub-
segmented as type-A motorhomes, type-B motorhomes, and type-C motorhomes. The travel
trailers segment is also sub-segmented as fifth-wheel travel trailers and conventional travel
trailers. The camping trailers segment is sub-segmented as folding camping trailer and truck
camper.
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Asia Pacific is the leading segment in the global recreational vehicle market owing to its
increasing population and stable financial conditions. In addition, China is the growing market
for recreational vehicles, as its focus is mainly on tourism, campgrounds, and the recreational
vehicles industry. Also, factors such as improving economy and demand for leisure-related
goods and activities boost the global market in China. North America is anticipated to witness
significant growth. Furthermore, the U.S. is dominating the global market in the North American
region due to factors such as exponential economic growth and healthier financing environment.
Some of the major key players in the recreational vehicles market are Thor Industries Inc., Gulf
Stream Coach, Inc., Eclipse Recreational Vehicles Inc., Coachmen Recreational Vehicle
Company, Heartland Recreational Vehicles, LLC, Starcraft RV Inc., Skyline Corporation, Monaco
RV, LLC, Jayco Inc., Fleetwood RV, Inc., Forest River, Inc., and Universal Trailer Corporation.
4. Recreational Vehicles Market
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market
Zion Market Research
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States
Tel: +1-386-310-3803 GMT
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)
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