North America Recreational Vehicle Market

North America Recreational Vehicle Market, By Exterior Construction Material (Wood, Aluminum, Fiberglass, Steel, and Others), By Type (Motorhomes (Class A Motor Homes (Gasoline, Diesel), Class B Motor Homes (Gasoline, Diesel) Class C Motor Homes(Gasoline and Diesel), Travel Trailers & Campers (Conventional Travel Trailers and Fifth-wheel Travel Trailers) and Camping Trailers (Folding Camping Trailer and Truck Camper), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

A recreational vehicle or RV is a motor vehicle that includes quarters designed for accommodation. There are different types of RVs including campervans, caravans, truck campers, popup campers, fifth-wheel trailers, and campervans. RVs are typically used for travel, seasonal use, recreation, or camping. A typical RV comprises a kitchen, a bathroom, and one or more sleeping facilities. Furthermore, RVs can either be trailer or self-motorized. The majority of RVs are single-deck though double-deck RVs also exist. Some RVs have expandable sides or canopies to provide larger areas. Moreover, the fifth-wheel trailer is a type of travel trailer known for its spacious two-level floor plans and it can be towed with a pickup truck.

Market Dynamics

Demographics in North America are highly favorable for recreational vehicles. These vehicles are majorly adopted by an elderly or geriatric population that is entering the phase of retirement. According to Coherent Market Insights analysis, a large segment of consumer age is between 35-54 years in North America. However, manufacturers are now focused on consumers aged between 18-34 years as a new consumer group. Further, technological advancements and developments have led to the adoption of RVs in North America. Consumers are increasingly preferring recreational vehicles with home-like amenities, such as fully-equipped kitchens and baths, surround-sound stereos, flat-screen TVs, and others. Furthermore, manufacturers are focused on incorporating solar-powered systems to full fill spiked demand for RVs. Hence, these factors are expected to propel the North America recreational vehicle (SAN) market growth over the forecast period.

Key features of the study:
  • This report provides an in-depth analysis of the North America recreational vehicle market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023-2030 ), considering 2022 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
  • It profiles leading players in the North America recreational vehicle market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • The key companies covered in the North America recreational vehicle market include Thor Industries, Inc., Tiffin Motorhomes, Inc., Winnebago Industries, Inc., Forest River, Inc., Jayco, Inc., Nexus RV LLC, REV Group, Inc., Starcraft RV, Inc., Heartland Recreational Vehicles, Airstream, Northwood Manufacturing, and Triple E Recreational Vehicles
  • These key market players are focusing on collaboration strategies with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The North America recreational vehicle market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the North America recreational vehicle market
Detailed Segmentation
  • By Exterior Construction Material:
  • Wood
  • Aluminium
  • Fiberglass
  • Steel
  • Others
  • By Type:
  • Motorhomes
Sub-segment
  • Class A Motor Homes
Sub Segment
  • Gasoline
  • Diesel
  • Class B Motor Homes
Sub Segment
  • Gasoline
  • Diesel
  • Class C Motor Homes
Sub Segment
  • Gasoline
  • Diesel
  • Travel Trailer & Campers
Sub Segment
  • Conventional Travel Trailers
  • Fifth-wheel Travel Trailers
  • Camping Trailers
Sub Segment
  • Folding Camping Trailer
  • Truck Camper
  • By Region:
  • U.S
  • Canada
  • Company Profile
  • Thor Industries, Inc.
  • Tiffin Motorhomes, Inc
  • Winnebago Industries, Inc.
  • Forest River, Inc.
  • Jayco, Inc.
  • Nexus RV LLC
  • REV Group, Inc.
  • Starcraft RV, Inc.
  • Heartland Recreational Vehicles
  • Airstream
  • Northwood Manufacturing
  • Triple E Recreational Vehicles


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Exterior Construction Material
Market Snippet, By Type
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. North America Recreational Vehicle Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. North America Recreational Vehicle Market, By Exterior Construction Material, 2018-2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Wood
Introduction
Market Size and Forecast, 2023–2030, (US$ Billion)
Aluminum
Introduction
Market Size and Forecast, 2023–2030, (US$ Billion)
Fiberglass
Introduction
Market Size and Forecast, 2023–2030, (US$ Billion)
Steel
Introduction
Market Size and Forecast, 2023–2030, (US$ Billion)
Others
Introduction
Market Size and Forecast, 2023–2030, (US$ Billion)
6. North America Recreational Vehicle Market, By Type, 2018 - 2030 (US$ Billion)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018-2030
Segment Trends
Motorhomes
Market Share Analysis, 2023 and 2030 (%)
Segment Trends
Sub-segment
Introduction
Market Size and Forecast, 2018 - 2030, (US$ Billion)
Class A Motor Homes
Sub Segment
Gasoline
Diesel
Class B Motor Homes
Sub Segment
Gasoline
Diesel
Class C Motor Homes
Sub Segment
Gasoline
Diesel
Travel Trailer & Campers
Market Share Analysis, 2023 and 2030 (%)
Segment Trends
Sub-segment
Introduction
Market Size and Forecast, 2023 - 2030, (US$ Billion)
Conventional Travel Trailers
Fifth-wheel Travel Trailer
Camping Trailers
Market Share Analysis, 2023 and 2030 (%)
Segment Trends
Sub-segment
Introduction
Market Size and Forecast, 2018 - 2030, (US$ Billion)
Folding Camping Trailer
Truck Camper
7. North America Recreational Vehicle Market, By Region, 2018-2030 (US$ Billion)
North America
Regional Trends
Market Size and Forecast, By Exterior Construction Material, 2018 - 2030 (US$ Billion)
Market Size and Forecast, By Type, 2018 - 2030 (US$ Billion)
Market Share Analysis, By Country, 2023 and 2030 (%)
U.S.
Canada
8. Competitive Landscape
Company Profiles
Thor Industries, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Tiffin Motorhomes, Inc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
. Winnebago Industries, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Forest River, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Jayco, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Nexus RV LLC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
REV Group, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Starcraft RV, Inc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Heartland Recreational Vehicles
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Airstream
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Northwood Manufacturing
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Triple E Recreational Vehicles
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Analyst Views
9. Section
References
Research Methodology
About us and Sales Contact
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