Recreational vehicles Market Booming Worldwide with Latest Trend and Future Scope by 2030

The global Recreational vehicles market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). The global Recreational vehicles market is anticipated to grow at a significant rate owing to several factors which includes, increasing disposable income, growing popularity of outdoor recreation, and expansion of RV rental services.

In December 2023, Kia India revealed the name of its upcoming product, a Recreational Vehicle (RV) in the Indian market,' Carens'. It will make its world premiere in India on 16th December and will be launched in the first quarter of 2022. The name is based on the concept of Car+Renaissance, which signifies the beginning of a new era of cars. The car will be a 'made in India, made for the world' product manufactured at the company's facility in Anantapur, Andhra Pradesh. the new vehicle will address the unmet needs of Indian customers by offering innovative and inspiring experiences and by emphasising a family-oriented premium vehicle that harmonises high-tech features with practicality. It will offer a unique combination of a large family vehicle with the boldness of an SUV and innovative and smart technology.

In September 2022, Ember Recreational Vehicles unveiled its new luxury lightweight laminated travel trailer product line, Touring Edition, to dealers at Elkhart Extravaganza. The Touring Edition features 10 floorplans from 26 to 34 feet long, with bunkhouses and couples’ coaches. The Touring Edition travel trailers are built on a specialty drop-frame chassis featuring over 40 cubic feet of front pass-through storage and Ember’s exclusive Versa Coupler hitching system. The trailers ride on Dexter torsion axles with 16-inch Goodyear Endurance LRE tires with standard TPMS. Ember is the first RV manufacturer to partner with CUB in offering LCA from the factory.

In November 2021, GenTire Market Launch for World’s First AT Tire with C-Identification for Campers. General Tire has developed this innovative all-terrain tire particularly for those in search of adventure and who use their van in the basic version i.e., drive off-road without a specific RV. Size 235/65 R 16 C is one of the best-selling in this segment as well. With its tried-and-tested all-terrain tire, General Tire meets all the requirements of modern SUVs, pick-up trucks and cross-country vehicles – now also including campers with and without all-wheel drive. The all-season tire offers a combination of good off-road performance and safe handling characteristics in all weather conditions.

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Market Coverage

•                 The market number available for – 2023-2030

•                 Base year- 2023

•                 Forecast period- 2024-2030

Segment Covered- 

·        By Type

·        By Application

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- includes, Northwood Manufacturing, Oliver Travel Trailers, REV Recreation Group, Swift Group Limited, Thor Industries Inc., Tiffin Motorhomes, Trigona SA, Winnebago Industries Inc., and others.

Recreational vehicles Market Report Segment

By Type 

•                 Motorhomes (Class a, b and c)

•                 Towable RVs (Fifth Wheel, Travel Trailer and Camping Trailer)

By Application 

•                 Personal

•                 Commercial 

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Recreational vehicles Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        ALINER (Columbia Northwest, Inc.)

·        Coachmen RV

·        Dethleffs GmbH & Co. KG

·        Entegra Coach

·        Forest River Inc.

·        Gulf Stream Coach, Inc.

·        Hymer GmbH & Co. KG

·        Jayco

·        Kia Corp

·        Newmar Corp

·        Northwood Manufacturing

·        Oliver Travel Trailers

·        REV Recreation Group

·        Swift Group Limited

·        Trigona SA

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