20 Jan 2021
Motor vehicle or trailer which includes living rooms that designed for accommodation is nothing but the recreational vehicle that often abbreviated as RV. It can be in the form of van or utility vehicle that used for recreational purposes such as camping and it is often equipped with living facilities. Major type of RVs includes campervans, motorhomes, caravans that also known as travel trailers and camper trailers, popup campers, fifth-wheel trailers and truck campers. Typical facilities of this RV include a bathroom, a kitchen and one or more sleeping facilities. RVs can range from the serviceable that containing only sleeping quarters and basic cooking facilities to the luxurious with features such as water heaters, air conditioning (AC), quartz countertops and televisions & satellite receptors. It provides benefits such as its travel gives user a total flexibility, its travel is cheaper, It’s a unique way to connect with nature, user can carry everything that user need with them, its travel is ideal for social distancing, user will get closer to their loved ones which include pets, user can try out a minimalist lifestyle and many more.
Rapidly increasing demand for comfortable travel & accommodation of large passenger groups and the growing number of active campers are some of the major factors contributing to the growth of Global Recreational Vehicle Market
Recreational Vehicle Market is valued at USD 45.48 Billion in 2020 and expected to reach USD 73.02 Billion by 2027 with the CAGR of 7% over the forecast period.
Top 5 Recreational Vehicle Manufacturers 2021
Winnebago Industries, Inc., is an American manufacturer established in 1958 and headquartered at Forest City, IA United States. Specialties in Winnebago Motorhomes, Winnebago Towables, Grand Design RV, Chris Craft, Winnebago Specialty Vehicles, and Newmar. Winnebago Industries, Inc had 4500 Employees approx. and had a revenue of $2 Billion.
Thor Industries, Inc. is an American manufacturer of recreational vehicles established in 1980 and headquartered at Elkhart, Indiana, United States. Specialties in Airstream, Heartland RV, Jayco, Livin Lite RV, and others. THOR Industries had approx. 17500 Employees and had a revenue of $8 Billion.
REV Recreation Group established in 2009 and headquartered at Decatur, IN. Specialties in Manufacturing, Service, Sales, Recreational Vehicles, Fleetwood RV, American Coach, Holiday Rambler, Monaco, Sourcing, and Network. REV Group had approx. 8040 Employees and had revenue of $ 2 Billion.
Forest River Inc. is an American manufacturer of recreational vehicles established in 1996 and headquartered at Elkhart, Indiana, United States. Specialties in recreational vehicles, cargo trailers, utility trailers, pontoon boats, and buses. Forest River, Inc., had approx. 11000 Employees and a revenue of $ 2 Billion.
Columbia Northwest established in 1984 and headquartered at MT Pleasant, PA United States. Specialties in recreational vehicles, camping trailers (pop-up RVs). Columbia Northwest, Inc.had approx. 108 Employees and had a revenue of $21 Million.
Key Benefits for Global Recreational Vehicle Industry Statistics Report–
Global recreational vehicle sales statistics report covers in depth historical and forecast analysis.
Global recreational vehicle ownership statistics report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global recreational vehicle statistics report helps to identify opportunities in market place.
Global recreational vehicle sales by state market report cover extensive analysis of emerging trends and competitive landscape.