Recreational Vehicle(RV) Market to grow by USD 28.62 Mn by 2026, Increasing adoption of RV by different generations of consumers to boost market growth- Technavio

NEW YORK, Oct. 7, 2022 /PRNewswire/ — Technavio has been monitoring the recreational vehicle (RV) market, operating in the Leisure Products industry. The report estimates the market to register an incremental growth of USD 28.62 bn, at a CAGR of 7.48% during the forecast period.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Berkshire Hathaway Inc., Dethleffs GmbH and Co. KG, Nexus RV, Northwood Manufacturing Inc., Oliver Travel Trailers Sales Co. Inc., REV Group Inc., The Swift Group, Thor Industries Inc., Triple E Canada Ltd., Winnebago Industries Inc., JCBL Ltd, Knaus Tabbert AG, and Pleasure-Way Industries Ltd are among some of the major market participants.

Increasing adoption of RVs by different generations of consumers has been instrumental in driving the growth of the market. However, Vehicle recalls affecting market dynamics might hamper the market growth. Request Free Sample Report.

Parent Market Analysis

Technavio categorizes the global Recreational Vehicle (RV) Market as a part of the global internet and direct marketing retail market within the global consumer discretionary market. External factors influencing the parent market’s growth potential in the coming years have been thoroughly investigated in our research analysis.

Recreational Vehicle (RV) Market Value Chain Analysis

The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the Recreational Vehicle (RV) Market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales

To unlock information about vendor drive costs and customer service, Buy a sample
report
.

Recreational Vehicle (RV) Market Segmentation

Based on geographic segmentation, 39% of the market’s originated from North America during the forecast period. In addition, the motorized category led the growth under the product segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the superfood powders market size.

  • Product 
    • Motorized
    • Towable
  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Recreational Vehicle (RV) Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The recreational vehicle (RV) market report covers the following areas:

  • Recreational Vehicle (RV) Market Size
  • Recreational Vehicle (RV) Market Trends
  • Recreational Vehicle (RV) Market Industry Analysis

This study identifies the expansion and upgrades of product lines as one of the prime reasons driving the Recreational Vehicle (RV) Market growth during the next few years. Download Free Sample Report.

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Recreational Vehicle (RV) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.48%

Market growth 2022-2026

$28.62 billion

Market structure

Fragmented

YoY growth (%)

6.4

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 39%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Berkshire Hathaway Inc., Dethleffs GmbH and Co. KG, Nexus RV, Northwood Manufacturing Inc., Oliver Travel Trailers Sales Co. Inc., REV Group Inc., The Swift Group, Thor Industries Inc., Triple E Canada Ltd., Winnebago Industries Inc., Eclipse RV Inc., Entegra Coach Inc., Erwin Hymer Group SE, Gulf Stream Coach Inc., JCBL Ltd, Knaus Tabbert AG, Pinnacle Speciality Vehicles, RAPIDO Motorhomes, WildAx Motorhomes, and Pleasure-Way Industries Ltd

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product 
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Motorized – Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Motorized – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Motorized – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Motorized – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Motorized – Year-over-year growth 2021-2026 (%)
  • 5.4 Towable – Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Towable – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Towable – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Towable – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Towable – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product 
    • Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026 
    • Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026 
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026 
    • Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026 
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026 
    • Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 China – Market size and forecast 2021-2026 
    • Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.10 UK – Market size and forecast 2021-2026 
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.11 Canada – Market size and forecast 2021-2026 
    • Exhibit 74: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.12 Germany – Market size and forecast 2021-2026 
    • Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Berkshire Hathaway Inc. 
    • Exhibit 89: Berkshire Hathaway Inc. – Overview
    • Exhibit 90: Berkshire Hathaway Inc. – Business segments
    • Exhibit 91: Berkshire Hathaway Inc. – Key offerings
    • Exhibit 92: Berkshire Hathaway Inc. – Segment focus
  • 10.4 Dethleffs GmbH and Co. KG 
    • Exhibit 93: Dethleffs GmbH and Co. KG – Overview
    • Exhibit 94: Dethleffs GmbH and Co. KG – Product / Service
    • Exhibit 95: Dethleffs GmbH and Co. KG – Key offerings
  • 10.5 Nexus RV
    • Exhibit 96: Nexus RV – Overview
    • Exhibit 97: Nexus RV – Product / Service
    • Exhibit 98: Nexus RV – Key offerings
  • 10.6 Northwood Manufacturing Inc. 
    • Exhibit 99: Northwood Manufacturing Inc. – Overview
    • Exhibit 100: Northwood Manufacturing Inc. – Product / Service
    • Exhibit 101: Northwood Manufacturing Inc. – Key offerings
  • 10.7 Oliver Travel Trailers Sales Co. Inc. 
    • Exhibit 102: Oliver Travel Trailers Sales Co. Inc. – Overview
    • Exhibit 103: Oliver Travel Trailers Sales Co. Inc. – Product / Service
    • Exhibit 104: Oliver Travel Trailers Sales Co. Inc. – Key offerings
  • 10.8 REV Group Inc.
    • Exhibit 105: REV Group Inc. – Overview
    • Exhibit 106: REV Group Inc. – Business segments
    • Exhibit 107: REV Group Inc. – Key offerings
    • Exhibit 108: REV Group Inc. – Segment focus
  • 10.9 The Swift Group
    • Exhibit 109: The Swift Group – Overview
    • Exhibit 110: The Swift Group – Product / Service
    • Exhibit 111: The Swift Group – Key offerings
  • 10.10 Thor Industries Inc.
    • Exhibit 112: Thor Industries Inc. – Overview
    • Exhibit 113: Thor Industries Inc. – Business segments
    • Exhibit 114: Thor Industries Inc. – Key offerings
    • Exhibit 115: Thor Industries Inc. – Segment focus
  • 10.11 Triple E Canada Ltd.
    • Exhibit 116: Triple E Canada Ltd. – Overview
    • Exhibit 117: Triple E Canada Ltd. – Product / Service
    • Exhibit 118: Triple E Canada Ltd. – Key offerings
  • 10.12 Winnebago Industries Inc. 
    • Exhibit 119: Winnebago Industries Inc. – Overview
    • Exhibit 120: Winnebago Industries Inc. – Business segments
    • Exhibit 121: Winnebago Industries Inc. – Key offerings
    • Exhibit 122: Winnebago Industries Inc. – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 123: Inclusions checklist
    • Exhibit 124: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 125: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 126: Research methodology
    • Exhibit 127: Validation techniques employed for market sizing
    • Exhibit 128: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 129: List of abbreviations
  • high-performance vehicle o

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Recreational Vehicle(RV) Market to grow by USD 28.62 Mn by 2026, Increasing adoption of RV by different generations of consumers to boost market growth- Technavio WeeklyReviewer

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