Motor Home Market cover

Motor Home Market by End Users (Fleet Owners and Direct Buyers), Types (Class A, Class B, and Class C), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-3242
  • Author: Growth Market Reports
  • Rating: 4.5
  • Total Reviews: 2
  • No. Of Pages: 191
  • Format:
  • Pub. Date: Upcoming
  • Share:

The motorhome market size is anticipated to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to changing lifestyles and increasing spending on luxury products.


Motor Home Market summary

A motorhome (sometimes known as a motor coach) is a self-propelled recreational vehicle (RV) that provides movable living quarters. Customers' demands are taken into account while designing motor homes, and they are meticulously created with flair and inventiveness.

The first motorhome was unveiled at the Madison Square Garden auto show in 1910 by the Pierce-Arrow motor business, which introduced the Touring Landau model. The Pierce-entry Arrow's was designed specifically for campers, including storage compartments for camping gear and an on-board toilet. Beginning in the 1920s, private individuals and companies began converting panel trucks and buses to be used for camping.

A motorhome standard features include a restroom, kitchen, and one or more sleeping areas. motorhome can be utilitarian, with merely sleeping quarters and basic cooking facilities, or opulent, with conveniences such as water heaters, air conditioning, and TVs.

Motorhomes are basically classified into 3 types firstly Class A (also known as integrated) in which motorhome is sometimes regarded as the most luxury and costly vehicle available. It features a sturdy body and the driving area is integrated into the normal living quarters. Secondly Class B (also known as semi-integrated) it is a low-profile motorhome or a semi-integrated motorhome, and lastly class C (also known as alcove) it features a trailer or caravan-style body that is attached to a van or truck chassis.

Technological advancements such as electric powertrains and improved batteries have accelerated the adoption of electric leisure vehicles. Consumers are shifting to hybrid and electric recreational vehicles as strict car pollution restrictions are implemented.

Tourism is growing in popularity and motorhomes are often used for vacations and trips, especially in rural places where finding suitable lodging is difficult. Wildlife and other adventure tourism are currently gaining appeal in several locations.

In many rural places, particularly in emerging and poor nations, a lack of adequate lodging is already a big issue. Such circumstances are anticipated to fuel the market.

The COVID-19 pandemic outbreak has caused a temporary interruption in the market's manufacturing and supply chain. These interruptions have also resulted in extended market lead times. The pandemic breakout will also have a temporary impact on sales since the tourist sector is not operating owing to temporary statewide lockdowns implemented by governments across many nations to prevent the spread of COVID-19.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising  urban population and growing incomes are projected to boost the market during the forecast period.
  • Increasing restoration of heritage and camping sites and governments policies promoting recreational travel are estimated to drive the market in the coming years.
  • Growing popularity camping and development of caravanning tourism are key factors driving the market in the coming years.
  • Increasing desire for adventure traveling among the young generation is estimated to fuel the market.
  • Currently urban cities due to over population facing space problems which is expected to surge the market in coming years.
  • High insurance premiums and road tax-related expenditures are anticipated to hinder the market expansion.
  • Rising fuel prices are expected to hamper the market growth.
  • Integration of cutting-edge technology including accident prevention systems and driver assistance is expected to create lucrative opportunities for the market players

Scope of the Report

The report on the global motorhome market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Motorhome Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

End Users (Fleet Owners, and Direct Buyers), Types (Class A, Class B, and Class C)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BÜRSTNER GMBH & CO. KG; REV Group; Thor Industries, Inc.; Winnebago Industries Inc.; Forest River, Inc

Global Motorhome Market Segment Insights

The fleet owners segment is projected to hold large market share

Based on end users, the motorhome market is divided into fleet owners and direct buyers. The fleet owners segment is expected to hold a key share of the market during the forecast period owing to growing rental industry and increasing demand for rental motor home short time vacation traveling with family, friends, and business.

The class C segment is anticipated to expand at a substantial CAGR

On the basis of types, the motorhome market is segmented into class A, class B, and class C. The class C segment is expected to constitute a key share of the market during the forecast period owing to increasing demand for the specious and advance feature vehicles.


Motor Home Market types

North America is anticipated to dominate the market

On the basis of regions, the motorhome market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at a high CAGR during the forecast period. The regional market growth is attributed to increased adoption of motorhomes by the young generation, as well as growth in the number of campsites in the country, demonstrates the growing demand for recreational travel in motorhomes.


Motor Home Market region

Segments

Segments Covered in the Report

The global motorhome market has been segmented on the basis of

End Users

  • Fleet Owners
  • Direct Buyers

 Types

  • Class A
  • Class B
  • Class C

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • BÜRSTNER GMBH & CO. KG
  • REV Group
  • Thor Industries, Inc.
  • Winnebago Industries Inc.
  • Forest River, Inc.

Competitive Landscape

Key players competing in the motor home market include BÜRSTNER GMBH & CO. KG; REV Group; Thor Industries, Inc.; Winnebago Industries Inc.; Forest River, Inc.
Some of these players are coming up with several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Motor Home Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor Home Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Motor Home Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Motor Home Market - Supply Chain
  4.5. Global Motor Home Market Forecast
     4.5.1. Motor Home Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Motor Home Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Motor Home Market Absolute $ Opportunity
5. Global Motor Home Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Motor Home Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Motor Home Demand Share Forecast, 2019-2026
6. North America Motor Home Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Motor Home Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Motor Home Demand Share Forecast, 2019-2026
7. Latin America Motor Home Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Motor Home Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Motor Home Demand Share Forecast, 2019-2026
8. Europe Motor Home Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Motor Home Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Motor Home Demand Share Forecast, 2019-2026
9. Asia Pacific Motor Home Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Motor Home Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Motor Home Demand Share Forecast, 2019-2026
10. Middle East & Africa Motor Home Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Motor Home Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Motor Home Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Motor Home Market: Market Share Analysis
  11.2. Motor Home Distributors and Customers
  11.3. Motor Home Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BÜRSTNER GMBH & CO. KG
     11.4.2. REV Group
     11.4.3. Thor Industries, Inc.
     11.4.4. Winnebago Industries Inc.
     11.4.5. Forest River, Inc.

Segments Covered in the Report

The global motorhome market has been segmented on the basis of

End Users

  • Fleet Owners
  • Direct Buyers

 Types

  • Class A
  • Class B
  • Class C

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • BÜRSTNER GMBH & CO. KG
  • REV Group
  • Thor Industries, Inc.
  • Winnebago Industries Inc.
  • Forest River, Inc.

Key players competing in the motor home market include BÜRSTNER GMBH & CO. KG; REV Group; Thor Industries, Inc.; Winnebago Industries Inc.; Forest River, Inc.
Some of these players are coming up with several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Motor Home Market keyplayers

Buy Report