Zion Research has published a new report titled “Recreational Vehicles Market (Motorhomes (Type A, Type B and Type C) and Towable RVs) : North America Market Perspective, Comprehensive Analysis and Forecast 2014 – 2020.” According to the report, North America’s demand for Recreational Vehicles industry was valued at USD 16 billion in 2014 and is expected to reach USD 20.24 billion in 2020, growing at a CAGR of 4.1% between 2015 and 2020. In terms of volume, the North America recreational vehicles market stood at 345 thousand units in 2014.
Recreational vehicle is a motorized or towable vehicle that combines transportation and temporary living quarters for travel, recreation and camping activities. Recreational vehicles do not include mobile homes, off-road vehicles, snowmobiles or conversion vehicles. Recreational vehicles include automobiles or towable trailers specifically designed or tailored for leisure activities such as vacations and camping, both on and off highways. Recreational vehicles include features such as sleeping, kitchen, and bathroom facilities for use during travel and camping. Recreational vehicles are subject to the same registration and licensing as other automobiles, and may have to abide by specific laws.
Browse the full “Recreational Vehicles Market (Motorhomes (Type A, Type B and Type C) and Towable RVs) : North America Industry Perspective, Comprehensive Analysis and Forecast 2014 – 2020” report at http://www.marketresearchstore.com/report/recreational-vehicles-market-in-north-america-36078
The recreational vehicles market in North America has tremendous potential to grow in the near future owing to the materialization of certain trends, such as increase in ownership affordability. Consumers are increasingly purchasing more recreational vehicles as they save over 59 percent on their vacation costs over other forms of travel. However, increased dealer interest in recreational vehicles auctions hinders the growth of the recreational vehicles market in North America. In North America, many dealers have been participating in auctions either to acquire pre-owned RVs or to dispose of used RVs, thus challenging the growth of the market in the region.
Motorhomes and towable recreational vehicles are the two major segments of the recreational vehicle industry. Recreational vehicles market in North America was dominated by the towable recreational vehicles with over two third share of the market in 2014. Motorhomes account for relatively smaller share in the recreational vehicles market in North America. Motorhomes market is further classifies as type A, type B and type C motorhomes. Type A motorhomes segment dominates the market segment with over 40% share of the total market in 2014.
The recreational vehicles market is also segmented based on ownership. New recreational vehicle buyers accounted for one third of the total recreational vehicles market in 2014. Pre-owned recreational vehicles market is twice in market size as compare to new vehicles.
Browse 13 Market Tables and 30 Figures spread through 80 Pages and an in-depth TOC on “Essential Oil Market – Global Size, Shares, Trends, Segment & Forecast to 2020”
Access Sample Research Report at http://www.marketresearchstore.com/report/recreational-vehicles-market-in-north-america-36078#RequestSample
The recreational vehicles market in North America is fragmented because of the presence of many vendors and a variety of products. Some of the leading industry participants operating in the North America recreational vehicles market include Eclipse RV, Gulf Stream Coach, Northwood Manufacturing, Palomino, and Thor Industries.
This report segments the North America recreational vehicles market as follows:
North America Recreational Vehicles Market: Product Segment Analysis
- Motorhomes
- Type A
- Type B
- Type C
- Towable Recreation Vehicles
Related Published Reports:
- Car Rental Market: http://www.marketresearchstore.com/report/car-rental-market-z39067
- Automotive Heads-up Display Market: http://www.marketresearchstore.com/report/automotive-heads-up-display-market-in-china-36000
About Us
Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.
Media Contact
Company Name: Market Research Store
Contact Person: Joel John
Email: sales@marketresearchstore.com
Phone: +1-386-310-3803
Address:3422 SW 15, Street Suit# 8138
City: Deerfield Beach
State: FL
Country: United States
Website: http://www.marketresearchstore.com/report/recreational-vehicles-market-in-north-america-36078