Global Motorhomes and Towable RVs Market Growth 2023-2029
The global Motorhomes and Towable RVs market size is projected to grow from US$ 36930 million in 2022 to US$ 132730 million in 2029; it is expected to grow at a CAGR of 20.1% from 2023 to 2029.
The key manufacturers of Motorhomes and Towable RVs mainly include THOR Industries, Forest River, Winnebago Industries, Trigano, etc. THOR Industries occupies about 30% of the market share, ranking the first place.
North America is the largest market, accounting for about 60% of the market, followed by Europe and Asia Pacific with about 27% and 8%, respectively. The Asia-Pacific market is expected to expand further.
In terms pf product, it is mainly divided into towable RV and motorized RV. The towable RV market accounts for about 70%, it will still be the main product type in the future.
Motorhomes and Towable RVs are mainly used for leisure and business. More than 92% of them are applied to personal entertainment.
Motorhomes and Towable RVs is often used as a broad category of motor vehicles and trailers which include living quarters for designed temporary accommodation.
It is equipped with all kinds of internal supporting facilities, such as water supply system, power supply system, ceiling-mounted independent air conditioner and generator, air heater, refrigerator, etc., which can meet the needs of drivers and passengers. Basic living needs such as eating, sleeping and bathing. At present, RVs can be divided into two types: towable RVs and motorized RVs. The towable RV itself has no power and needs to be towed by an additional vehicle, while the motorized RV has its own driving power.
LPI (LP Information)' newest research report, the “Motorhomes and Towable RVs Industry Forecast” looks at past sales and reviews total world Motorhomes and Towable RVs sales in 2022, providing a comprehensive analysis by region and market sector of projected Motorhomes and Towable RVs sales for 2023 through 2029. With Motorhomes and Towable RVs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Motorhomes and Towable RVs industry.
This Insight Report provides a comprehensive analysis of the global Motorhomes and Towable RVs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Motorhomes and Towable RVs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Motorhomes and Towable RVs market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Motorhomes and Towable RVs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Motorhomes and Towable RVs.
This report presents a comprehensive overview, market shares, and growth opportunities of Motorhomes and Towable RVs market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Towable RVs
Motorized RVs
Segmentation by application
For Leisure
For Business
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
THOR Industries
Forest River
Winnebago Industries
Trigano
Knaus Tabbert
REV Group
Gulf Stream Coach
Hobby/Fendt
Northwood Manufacturing
Key Questions Addressed in this Report
What is the 10-year outlook for the global Motorhomes and Towable RVs market?
What factors are driving Motorhomes and Towable RVs market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Motorhomes and Towable RVs market opportunities vary by end market size?
How does Motorhomes and Towable RVs break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.