Increasing trend of trips and tourism, and rising use of recreational vehicles for traveling, resulting in need for generators are key factors driving market revenue growth.
Market Size - USD 596.7 Million in 2020, Market Growth - CAGR of 5.7%, Market Trends - Increasing production of gas generators to cater to ongoing customers’ demand for these products.
The global recreational vehicles generators market size is expected to reach USD 925.0 Million in 2028, and register a CAGR of 5.7% during the forecast period. Growing demand for well-equipped recreational vehicles for family or solo trips in various countries across the world to take a break from hectic lifestyle, tax benefits on purchasing these vehicles, and need for generators to provide power to hot-water heaters, water pumps, microwaves, and TVs, among others are major factors driving market growth.
Recreational vehicles generators are mainly portable generators that operate on either gas or diesel or propane to power the appliances within the recreational vehicle (RV) and also used to recharge its battery. Recreational vehicles are vehicles with a space that offers luxury and comfort while traveling.
Some Key Findings From the Report:
For the purpose of this report, the global recreational vehicles generators market is segmented on the basis of type, fuel used, application, and region:
Type Outlook
Fuel Used Outlook
Application Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 596.7 Million in 2020, Market Growth - CAGR of 5.7%, Market Trends - Increasing production of gas generators to cater to ongoing customers’ demand for these products.
The global recreational vehicles generators market size is expected to reach USD 925.0 Million in 2028, and register a CAGR of 5.7% during the forecast period. Growing demand for well-equipped recreational vehicles for family or solo trips in various countries across the world to take a break from hectic lifestyle, tax benefits on purchasing these vehicles, and need for generators to provide power to hot-water heaters, water pumps, microwaves, and TVs, among others are major factors driving market growth.
Recreational vehicles generators are mainly portable generators that operate on either gas or diesel or propane to power the appliances within the recreational vehicle (RV) and also used to recharge its battery. Recreational vehicles are vehicles with a space that offers luxury and comfort while traveling.
Some Key Findings From the Report:
- Among the fuel used segments, the gas segment accounted for the largest revenue share of 35.3% in 2020, and is expected to continue to contribute major revenue share in the global recreational vehicles generators market over the forecast period.
- North America market is expected to dominate in the global recreational vehicles generators market over the forecast period, owing to increasing production and sales of recreational vehicles, especially among millennial population, integration of advanced high technological features and high disposable income of people in countries in the region.
- The Asia Pacific market size was USD 158.5 Million in 2020, due to rising trend of owning or renting recreational vehicles for off-road trips by individuals and families in the region.
- Key players profiled in the report include Cummins Inc., Eaton, Generac Power Systems Inc., Briggs & Stratton Co., Honda Motor Co., Caterpillar, Champion Power Equipment, Mi-T-M Co., Multiquip Inc., Powerdyne International, Scott’s Emergency Lighting & Power Inc., Techtronic Industries Co. Ltd., TECO-Westinghouse, and Wacker Neuson Group. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global recreational vehicles generators market is segmented on the basis of type, fuel used, application, and region:
Type Outlook
- Brushless AC Generator
- Permanent Magnet Alternator
- Others
Fuel Used Outlook
- Diesel
- Gas
- Propane
Application Outlook
- Travel Trailers and Camper
- Motorhome
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Recreational Vehicles Generators Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Recreational Vehicles Generators Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Global Recreational Vehicles Generators Market Research Report 201713 Research Findings and Conclusion
1 Recreational Vehicles Generators Market Overview
2 Global Recreational Vehicles Generators Market Competition by Manufacturers
3 Global Recreational Vehicles Generators Capacity, Production, Revenue (Value) by Region (2012-2017)
4 Global Recreational Vehicles Generators Supply (Production), Consumption, Export, Import by Region (2012-2017)
5 Global Recreational Vehicles Generators Production, Revenue (Value), Price Trend by Type
6 Global Recreational Vehicles Generators Market Analysis by Application
7 Global Recreational Vehicles Generators Manufacturers Profiles/Analysis
8 Recreational Vehicles Generators Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Recreational Vehicles Generators Market Forecast (2017-2022)
14 Appendix