Recreational Vehicle (RV) Industry Report 2016-24

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Recreational Vehicle (RV) Industry Report 2016-24

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Goldstein Research analyst forecast that the recreational vehicle units sales are expected to reach 850.0 thousand units by 2024.To get more details read our report: – PowerPoint PPT presentation

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Title: Recreational Vehicle (RV) Industry Report 2016-24


1
Global Recreational Vehicle Market Outlook
Global Recreational Vehicle Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
Report Code HC 1335
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2
Global Recreational Vehicle Market Outlook
Global Recreational Vehicle Market Size USD
(Billion). 2016-2024
Sample Request
The US recreational vehicle (RV) market is
expected to increase XX percent annually to USD
XX billion in 2017. The market contracted sharply
in the 2007-2012 period, affected by the
2007-2009 economic recession and its resulting
rise in unemployment, drop in credit
availability, and deterioration of general
financial markets. Following this collapse, the
industry has begun to improve but will not
approach pre-recession total sales for another
decade.
Source Goldstein Research
Source Goldstein Research
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Research
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3
Global Recreational Vehicle Market Outlook
Global Recreational Vehicle Market Share(), By
Product Type-2016
Global Recreational Vehicle Market Share (), By
Application -2016
Advances will be further aided by demographic
trends, including continued growth in the 55 to
64-year-old cohort, the traditional purchasers of
recreational vehicles, as well as rising interest
among younger customers. Competition from a vast
used recreational vehicle market will restrain
further growth to a degree. Download Exclusive
Sample Report https//www.goldsteinresearch.com/r
equest-sample/global-recreational-vehicle-rv-marke
t
Source Goldstein Research
Source Goldstein Research
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4
Global Recreational Vehicle Market Outlook
  • Most U.S. RV exports go to Canada, with only a
    small percentage going to other markets. Though
    Canada is expected to account for over XX percent
    of all U.S. exports through 2018, emerging
    markets will offer the greatest opportunities for
    growth.
  • There are over XX RV manufacturers and XXX
    component parts suppliers in the United States.
    According to the Recreation Vehicle Industry
    Association (RVIA), the U.S. RV industry has a
    total economic impact of USD XX billion,
    supporting XXX thousand jobs and generating USD
    XX billion in taxes.
  • RV manufacturers and suppliers are predominately
    small and medium-sized enterprises (SMEs). The
    industry is also highly concentrated. Over XX
    percent of U.S.-made RVs are produced in Indiana,
    with the majority in Elkhart County

Sample Request
Growing Middle Class- Class Consumers
More Affordable Options
Sample
Growing Car Rental and RVs Rental Industry
Emerging Markets
Global Recreational Vehicle Market Size (USD
Billion)
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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Research
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Research
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5
Global Recreational Vehicle Market Outlook
  • Large RV companies have economies of scale in
    production and distribution. Some large motorhome
    manufacturers produce their own chassis. A
    motorhome chassis typically includes the vehicle
    frame, engine, transmission, axles, wheels,
    brakes, cooling system electrical system,
    steering system, suspension and instrumentation.
    Most motorhome manufacturers purchase chassis
    from third party manufacturers. Small companies
    compete successfully by concentrating in
    specialty products or components.

Sample Request
Growing Middle Class- Class Consumers
More Affordable Options
Sample
Growing Car Rental and RVs Rental Industry
Emerging Markets
Global Recreational Vehicle Market Size (USD
Billion)
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
Copyright All Rights Reserved, Goldstein
Research
www.goldsteinresearch.com
Copyright All Rights Reserved, Goldstein
Research
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6
Research Methodology
Goldstein Research follows a comprehensive and
rigorous research methodology to provide you
accurate estimates and forecast of a particular
market. We provide estimates, forecast and
analysis primarily based on secondary research,
primary interviews, in-house database and other
free as well paid sources. Our company follows
simultaneous top down and bottom approach in
order to provide you the accurate market sizing.
Data triangulation method is strictly followed
where we triangulate the data from all the
aspects, be it Function Type, application,
industry verticals, material, product type or
geography. In addition, the research methodology
we follow is a systematic approach in order to
estimate and project the market sizing keeping in
mind all the on-going and upcoming trends of the
market. We conduct both primary and secondary
research in order to estimate a market and
validate our key findings. We put together our
effort and prepare an inclusive questionnaire
depending on the title of the market we are
tracking and extract the important information we
require to validate our findings. Our team of
Analysts and experts dedicatedly put their effort
to provide you the best possible and accurate
data and analysis. Adding to that technological,
economic, cultural and social aspects along with
the regulatory barriers are completely analyzed
to understand the comprehensive market scenario
across different geographies. Understanding the
market from both buyer and seller point of view
is important to track a market and provide
analysis on the same. We not only provide the
market data of the four geographies as a whole,
namely, North America, Europe, Asia-Pacific,
Latin America, Middle East Africa and Rest of
the World (RoW) but we also provide you
qualitative as well we qualitative information on
country level bifurcation. We at Goldstein
Research provide you Precise Estimates and
Forecast Authentic Analysis In-depth Data and
Analysis Authentic Sources Reliable Data
and Analysis
Sample
Research Methodology
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Research
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7
Global Recreational Vehicle Market Size (USD
Billion)-2016-2024
Sample Request
Sample
Source Goldstein Research
  • Global Recreational Vehicle Market is anticipated
    to expand at a compound annual growth rate of XX
    during the forecast period i.e. 2016-2024. Other
    notable characteristics of the industry are that
    production is labor intensive and the workforce
    is highly skilled. It is also highly
    entrepreneurial and innovative as manufacturers
    increasingly produce lightweight towable RVs and
    smaller, fuel-efficient motorhomes.
  • Green technologies, such as solar panels, are
    appearing on a growing number of RVs. The U.S.
    industry takes great pride in maintaining that it
    can build high quality, affordably priced RVs to
    almost any specification and need.
  • The United States is the worlds largest producer
    of RVs, producing more than twice as many RVs as
    the rest of world combined. Because domestic
    demand has been so strong in recent years
    (temporarily exceeding supply at times), many
    manufacturers have not sought opportunities in
    other markets, with the exception of Canada.

8
  • Growing Middle Class Families and Income
  • Growing numbers of middle-class consumers with
    increasing discretionary income in a number of
    countries, particularly emerging markets, provide
    tremendous opportunities for U.S. exports of RVs.
    Also, rising numbers of consumers in these
    countries are becoming interested in RVs, camping
    and the RV lifestyle. For a number of U.S.
    manufacturers that have been involved in
    exporting, much of their attention to date has
    focused on emerging RV markets in Asia
    particularly China, Korea and Japan.
  • While U.S. RV manufacturers face competition in
    emerging markets from European manufacturers
    (particularly German and Slovenian), many
    consumers prefer U.S.-made RVs because they can
    be outfitted with features that European models
    cannot provide at a comparable price.
    European-built RVs do not have slideouts and tend
    to be smaller and more expensive than U.S.
    models.
  • Under RVIAs 2012-2015 MDCP award, RV exports to
    China, Korea and Japan exceeded 143 million.
    Continued U.S. government support of RVIAs 2015-
    2018 MDCP award and programs and initiatives in
    these countries will help increase opportunities
    for U.S. exporters in both the near and
    long-terms.

Top RV Export Markets () through 2018
Frequency Percent of RVs Manufactured
Sample
Type Percent Manufactured Percent Manufactured Popularity Ranking Popularity Ranking
Truck Camper Frequency Percent Ranking Percent
Folding Camping Trailer XX XX XX XX
Travel Trailer XX XX XX XX
5th Wheel XX XX XX XX
Class A Motorhome XX XX XX XX
Class B Motorhome XX XX XX
Class C Motorhome XX XX XX
Source Goldstein Research
Source Goldstein Research
  • Impact Analysis-
  • Gains in value terms will outperform those in
    unit terms for all types of recreational vehicles
    as prices continue to rise. Much of the rebound
    in sales will continue to be supported by the
    high-end market as more affluent consumers
    demonstrate ongoing preference for recreational
    vehicles with high-tech accessories and more
    home-like amenities.

9
About Us
10
About Us Based in U.S., Goldstein Research is
a young business consulting and market research
firm with vast reach across America, Asia and
parts of Europe and the Middle East. In the next
five years, we strive to expand our reach to 50
nations spanning across Europe, Asia and parts of
the Middle East and Africa. We strive to realize
a strong brand presence globally through our
quality research and forecasting solutions. With
30 domain experts and 50 employees working day
and night to crunch numbers and bring out the
best and detailed market reports and forecasts,
we strive to enable you to foresee upcoming
market challenges and develop a robust business
model and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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Research
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11
Contact Us For Research Sales Related Queries
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12
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