Recreational Vehicle Market

The multinational Recreational Vehicle market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
A recreational vehicle, often abbreviated as RV, is a motor vehicle or trailer which includes living quarters designed for accommodation. Types of RVs include motorhomes, campervans, caravans, fifth-wheel trailers, popup campers and truck campers.
Rising preferences for private mode of transportation with reference to mass transit coupled with continuously growing entertainment and comfort options in motorhomes is the major factor propelling the recreational vehicle market. The growing trend of renting RVs has further urged the rental operators to expand their RV fleet size to capture the growing demand from the customers. Also, the RV usage has been increased widely across the globe, not only for tourism and vacation purposes, but also for festival, concerts and multi-day event activities.
The major players are Thor Industries, Forest River, Winnebago Industries, REV Group, Tiffin Motorhomes, Newmar, Gulf Stream Coach and etc. Thor Industries cover % revenue share in 2018.

In the global Recreational Vehicle market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In market segmentation by manufacturers, the report covers the following companies-
FORD
Spartan Motors
Freightliner Custom Chassis
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In market segmentation by types :
Towable RVs
Motorized RVs

In market segmentation by applications :
Residential
Commercial

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Recreational Vehicle market for the forecast period 2020 - 2025?
• What are the driving forces in the Recreational Vehicle market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Recreational Vehicle industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?