Global Recreational Vehicles Market Size, 2015–2021
Recreational vehicles are simple motor vehicles or trailers that are modified with facilities and leaving place such as home.
Recreational vehicles are simple motor vehicles or trailers that are modified with facilities and leaving place such as home.
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Published By:Zion <strong>Market</strong> Research<br />
<strong>Recreational</strong> <strong>Vehicles</strong> <strong>Market</strong>: Industry Perspective, Comprehensive<br />
Analysis and Forecast, 2015 – 2021<br />
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<strong>Recreational</strong> <strong>Vehicles</strong> <strong>Market</strong><br />
<strong>Recreational</strong> vehicles are simple motor vehicles or trailers that are modified with facilities and<br />
leaving the place such as the home. <strong>Recreational</strong> vehicles can be used on highways or off the<br />
highways for the purpose of camping, vacation, and pleasure. <strong>Recreational</strong> vehicles are also<br />
known as the motorhome, camper van, and caravan. The main advantages of recreational<br />
vehicles are they provide the user with leisure facilities such as bathroom facilities, kitchen,<br />
sleeping beds during travel and camping. However, having recreational vehicles is not an easy<br />
task. It requires license and registration and it needs to follow some rules. Earlier, recreational<br />
vehicles were traditionally facilitated with sleeping beds, kitchens, bathrooms, and airconditioning.<br />
Modern recreational vehicles are totally different and are equipped with additional<br />
communication systems, high-tech entertainment, making it more comfortable and convenient<br />
for the user. Moreover, electronic gadgets are introduced in the recreational vehicles such as<br />
satellite dishes, cellular phones, CD and DVD players, video game systems, and flat-screen TVs.<br />
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Some of the major growth factors of the global recreational vehicles market are high-tech<br />
features, advanced technology, improved economy, and higher consumer confidence. In<br />
addition, increasing interest of young and old generation in recreational vehicles will also boost<br />
the recreational vehicle’s market in the near future. Moreover, cool gadgets and innovative<br />
features will also increase the demand in the coming future. Technological advancements and
<strong>Recreational</strong> <strong>Vehicles</strong> <strong>Market</strong><br />
high-tech features integrated into these vehicles will impact the growth of the market in a<br />
positive way.<br />
On the basis of product type, the global recreational vehicles market is segmented as the travel<br />
trailer, motor homes, camping trailers, and campers. The motorhomes segment is further subsegmented<br />
as type-A motorhomes, type-B motorhomes, and type-C motorhomes. The travel<br />
trailers segment is also sub-segmented as fifth-wheel travel trailers and conventional travel<br />
trailers. The camping trailers segment is sub-segmented as folding camping trailer and truck<br />
camper.<br />
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Asia Pacific is the leading segment in the global recreational vehicle market owing to its<br />
increasing population and stable financial conditions. In addition, China is the growing market<br />
for recreational vehicles, as its focus is mainly on tourism, campgrounds, and the recreational<br />
vehicles industry. Also, factors such as improving economy and demand for leisure-related<br />
goods and activities boost the global market in China. North America is anticipated to witness<br />
significant growth. Furthermore, the U.S. is dominating the global market in the North American<br />
region due to factors such as exponential economic growth and healthier financing environment.<br />
Some of the major key players in the recreational vehicles market are Thor Industries Inc., Gulf<br />
Stream Coach, Inc., Eclipse <strong>Recreational</strong> <strong>Vehicles</strong> Inc., Coachmen <strong>Recreational</strong> Vehicle<br />
Company, Heartland <strong>Recreational</strong> <strong>Vehicles</strong>, LLC, Starcraft RV Inc., Skyline Corporation, Monaco<br />
RV, LLC, Jayco Inc., Fleetwood RV, Inc., Forest River, Inc., and Universal Trailer Corporation.
<strong>Recreational</strong> <strong>Vehicles</strong> <strong>Market</strong><br />
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Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com
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