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Global Recreational Vehicle (RV) Market with Focus on the U.S. RV Market (2021-2025 Edition)

  • ID: 5314614
  • Report
  • April 2021
  • Region: Global, United States
  • 72 pages
  • Daedal Research
The U.S. RV market has grown at a healthy rate in the last few years, especially after recovering from U.S. financial crisis and economic slowdown.

The growth of the U.S. RV industry is supported by increase in U.S. GDP, developing consumer confidence index, and growth in travel and tourism in the U.S.. Yet there are some challenges, which this industry faces, such as Extreme Leveled Competition, seasonal industry, etc.

Study Coverage

There are many advantages of owning and travelling in an RV, such as flexibility, convenience, comfort, family appeal, affordability, lure of the outdoors and versatility. The people who cannot afford an RV or are not frequent travelers, the RVs are available on the rent.

The RVs can be majorly segmented into Motorized (Motorhomes) and Towable RVs. Motorized RVs can be further sub segmented into Type A, Type B and Type C. The Towable RVs can also be sub segmented into Travel Trailer, Fifth Wheel Trailer, Folding Camping Trailers, Truck Campers and Park Model. A recreational vehicle park (RV stop) or train park is a spot where people with recreational vehicles can stay overnight. The facilities provided by RV parks are expanding and enhancing year on year. Another idea of RV resorts has likewise created as of late.

The report entitled “Global Recreational Vehicle (RV) Market with Focus on the U.S. RV Market (2021-2025 Edition)”, provides the detailed analysis of the U.S. recreational vehicle industry and its segments. The global RV market analysis is also provided in this report, which includes global RV market by volume, by segments and by region.

The U.S. RV market is analyzed by value, by volume and by segments. The U.S. Towble RV market is analyzed by volume, by segment and the further sub segments of Towable RVs are also analyzed by volume. Similarly, the U.S. motorized RVs (Motorhomes) market is analyzed by volume, by segment and the further sub segments of Motorhome RVs are also analyzed by volume.

The company profiling of four major players of the U.S. recreational vehicle industry is done in this report. The companies profiled are Thor Industries, Winnebago, Berkshire Hathaway (Forest River) and REV Group. The competitive landscape is also given in this report, which includes the market share analysis of the U.S. RV industry, its segments and its sub segments.

Company Coverage
  • Thor Industries
  • Winnebago
  • Berkshire Hathaway (Forest River)
  • REV Group
Regional Coverage
  • The U.S.
Note: Product cover images may vary from those shown
1. Executive Summary

2. Introduction
2.1 History of Recreational Vehicles
2.1.1 Recreational Vehicle Industry of the U.S.
2.2 Economic Impact of RV Industry on the U.S.
2.3 Advantages of Owing a Recreational Vehicle
2.4 Recreational Vehicle Parks
2.5 Recreational Vehicles by Segments
2.5.1 Recreational Vehicle Segments by Features
2.5.2 Recreational Vehicles Segments by Price

3. Global Market Analysis
3.1 Global Recreational Vehicle Market: An Analysis
3.1.1 Global Recreational Vehicle Market by Volume
3.1.2 Global Recreational Vehicle Market by Value
3.1.3 Global Recreational Vehicle Market by Region (The U.S. and Rest of the World)

4. Regional Analysis
4.1 The U.S. Recreational Market: An Analysis
4.1.1 The U.S. Recreational Vehicle Market by Value
4.1.2 The U.S. Recreational Vehicle Market by Volume
4.1.3 The U.S. Recreational Vehicle Market Volume by Segments (Towable and Motorhomes)
4.2 The U.S. Towable Recreational Market: An Analysis
4.2.1 The U.S. Towable Recreational Vehicle Market by Volume
4.2.2 The U.S. Towable Recreational Vehicle Market Volume by Segments (Travel Trailer, Fifth Wheel Trailer, Folding Camp Trailers and Truck Campers)
4.2.3 The U.S. Travel Trailer Market by Volume
4.2.4 The U.S. Fifth Wheel Trailer Market by Volume
4.2.5 The U.S. Folding Camp Trailer Market by Volume
4.2.6 The U.S. Truck Campers Market by Volume
4.3 The U.S. Motorhome Recreational Vehicle Market: An Analysis
4.3.1 The U.S. Motorhome Recreational Vehicle Market by Volume
4.3.2 The U.S. Motorhome Recreational Vehicle Market Volume by Segments (Type A, Type B, Type C)
4.3.3 The U.S. Type A Motorhomes Market by Volume
4.3.4 The U.S. Type B Motorhome Market by Volume
4.3.5 The U.S. Type C Motorhomes Market by Volume

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Popularity of RV Camping
5.1.2 Growing Millennial Population
5.2 Challenges
5.2.1 Extreme Leveled Competition
5.2.2 Seasonal Industry
5.3 Market Trends
5.3.1 Introduction of New RV Models
5.3.2 Installation of Portable Solar Technology in RVs

6. Competitive Landscape
6.1 The Global Competitive Landscape
6.1.1 The Global Recreational Vehicle Market Players: A Financial Comparison
6.1.2 Global Recreational Vehicles Market Share by Players
6.2 The U.S. Competitive Landscape
6.2.1 The U.S. Recreational Vehicle Market Share by Players

7. Company Profile
7.1 Thor Industry Inc.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.2 Winnebago
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.3 Berkshire Hathaway Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.4 REV Group
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy

List of Figures and Tables
Figure 1: Recreational Vehicles by Segments
Figure 2: Recreational Vehicle Segments by Features
Figure 3: Global Recreational Vehicle Market by Volume; 2016-2020 (Thousand Units)
Figure 4: Global Recreational Vehicle Market by Volume; 2021-2025 (Thousand Units)
Figure 5: Global Recreational Vehicle Market by Value; 2019-2025 (US$ Billion)
Figure 6: Global Recreational Vehicle Market by Region; 2020 (Percentage, %)
Figure 7: The U.S. Recreational Vehicle Market by Value; 2016-2020 (US$ Billion)
Figure 8: The U.S. Recreational Vehicle Market by Value; 2021-2025 (US$ Billion)
Figure 9: The U.S. Recreational Vehicle Market by Volume; 2016-2020 (Thousand Units)
Figure 10: The U.S. Recreational Vehicle Market by Volume; 2021-2025 (Thousand Units)
Figure 11: The U.S. Recreational Vehicle Market Volume by Segments; 2020 (Percentage, %)
Figure 12: The U.S. Towable Recreational Vehicle Market by Volume; 2016-2020 (Thousand Units)
Figure 13: The U.S. Towable Recreational Vehicle Market by Volume; 2021-2025 (Thousand Units)
Figure 14: The U.S. Towable Recreational Vehicle Market Volume by Segments; 2020 (Percentage, %)
Figure 15: The U.S. Travel Trailer Market by Volume; 2016-2020 (Thousand Units)
Figure 16: The U.S. Fifth Wheel Trailer Market by Volume; 2016-2020 (Thousand Units)
Figure 17: The U.S. Folding Camp Trailer Market by Volume; 2016-2020 (Thousand Units)
Figure 18: The U.S. Truck Campers Market by Volume; 2016-2020 (Thousand Units)
Figure 19: The U.S. Motorhome Recreational Vehicle Market by Volume; 2016-2020 (Thousand Units)
Figure 20: The U.S. Motorhome Recreational Vehicle Market by Volume; 2021-2025 (Thousand Units)
Figure 21: The U.S. Motorhome Recreational Vehicle Market Volume by Segments; 2020 (Percentage, %)
Figure 22: The U.S. Type A Motorhomes Market by Volume; 2016-2020 (Thousand Units)
Figure 23: The U.S. Type B Motorhome Market by Volume; 2016-2020 (Thousand Units)
Figure 24: The U.S. Type C Motorhomes Market by Volume; 2016-2020 (Thousand Units)
Figure 25: Reason Behind spike in Popularity of RV; May 2020 (Percentage,%)
Figure 26: The U.S. Millennial Population; 2015-2036 (Million)
Figure 27: Global Recreational Vehicles Market Share by Players; 2020 (Percentage, %)
Figure 28: The U.S. Recreational Vehicle Market Share by Players; 2020 (Percentage, %)
Figure 29: Thor Net Sales; 2016-2020 (US$ Billion)
Figure 30: Thor Net Sales by Segments; 2020 (Percentage, %)
Figure 31: Winnebago Net Sales; 2016-2020 (US$ Million)
Figure 32: Winnebago Net Sales by Segments; 2020 (Percentage, %)
Figure 33: Berkshire Revenue; 2016-2020 (US$ Billion)
Figure 34: Berkshire Revenue by Segments; 2020 (Percentage, %)
Figure 35: REV Group Net Sales; 2016-2020 (US$ Million)
Figure 36: REV Group Net Sales by Segment; 2018 (Percentage, %)
Figure 37: REV Group Net Sales by Region; 2018 (Percentage, %)
Table 1: RV Segments by Price
Table 2: The Global Recreational Vehicle Market Players: A Financial Comparison; 2020
Note: Product cover images may vary from those shown
  • Thor Industries
  • Winnebago
  • Berkshire Hathaway (Forest River)
  • REV Group
Note: Product cover images may vary from those shown

The author's core strengths include a seasoned management team, a highly demonstrable track record of seamless process integration and consistent delivery position. The research team uses its extensive knowledge of the various industries to analyze the market trends from both a vendor and an end-user perspective.

The research strategy is focused on high-quality secondary data combined with elaborate use of primary data. The team of research analysts provides a 360-degree overview of available data.

The analysts begin by searching industry reports, surveys, trade publications, company reports and press releases. They also include information gained by extensive interviews with major players and industry participants.

The background information, related to industry statistics, is provided by the author's proprietary databases.

The information is then analyzed and synthesized into a report - with market forecast, industry trends, and competitive strategies. The team of research analysts use both qualitative tools and quantitative techniques to get an insight into the industry.

The author's core expertise lies in researching, compiling and analyzing vast amounts of publicly available information and premier databases, into widely read reports.

 

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