Recreational Vehicle Market: Regional Trend & Growth Projections By 2022-2028
Category: #business  By Ronak Bora  Date: 2022-06-15
  • share
  • Twitter
  • Facebook
  • LinkedIn
Recreational Vehicle Market: Regional Trend & Growth Projections By 2022-2028

The North America recreational vehicle market may project significant growth trends in the forthcoming years owing to the increasing inclination towards travel and outdoor recreational activities, leading to proliferating product demand.  According to the March 2021 data by the RV Industry Association’s survey of manufacturers, the total RV shipments during the first quarter of 2021 reached quite a record-breaking number.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2967

The emerging love for road trips, travel in comfort, and exploring the outdoors are the primary reasons supporting these increasing sales. Besides, the growing popularity of camping for outdoor recreation activities and its positive impacts on physical and mental well-being will foster the RV industry outlook in the coming years

The global recreational vehicle market has been experiencing unprecedented growth for quite a while. The primary factors positively influencing the business landscape are the ever-growing interest in travel and road trips, increasing desire to experience an active outdoor lifestyle, and rising inclination towards other recreational activities like camping, sports, etc. Increasing emphasis on travel and tourism and raising awareness about the mental well-being and health benefits associated with being outdoors coupled with the fueling wanderlust among the younger population will boost the adoption of recreational vehicles in the times to come.

Recreational vehicle sales have been on the rise for the past few years due to increasing technological advancements in equipment like powertrains and batteries. The growing adoption of hybrid and electric RVs to meet the strict government mandates regarding fuel efficiency and environmental sustainability are likely to boost the RV market outlook in the years ahead. The global recreational vehicle market size could surpass a valuation of USD 135 billion by 2028.

As per the World Travel and Tourism Council report 2021, the tourism sector is expected to witness promising growth opportunities in both domestic and international markets in 2022 and beyond. The report projected the travel & tourism GDP to ascend by nearly 30% in 2021 and 31% in 2022.

These favorable statistics are mainly driven by the increasing urge to travel outdoors and consistently rising disposable incomes globally, creating a pool of opportunities for the global RV market in the coming years. 

Get This Report Customized To Your Requirements@    https://www.decresearch.com/roc/2967

Some Point from Table of Contents:

Data Tables

TABLE 1.    Industry Glossary

TABLE 2.    Recreational vehicles industry 3600 synopsis, 2017 - 2028

TABLE 3.    Recreational vehicle market size, 2017 - 2021 (USD Million)

TABLE 4.    Recreational vehicles industry size, 2022 - 2028 (USD Million)

TABLE 5.    Recreational vehicles industry size, 2017 - 2021 (Units)

TABLE 6.    Recreational vehicles industry size, 2022 - 2028 (Units)

TABLE 7.    Recreational vehicles industry size, by vehicle, 2017 - 2021 (USD Million)

TABLE 8.    Recreational vehicles industry size, by vehicle, 2022 - 2028 (USD Million)

TABLE 9.    Recreational vehicle market size, by vehicle, 2017 - 2021 (Units)

TABLE 10.    Recreational vehicle market size, by vehicle, 2022 - 2028 (Units)

Browse complete Table of Contents (ToC) of this research report @

 https://www.decresearch.com/toc/detail/recreational-vehicles-market

Browse Related News:

https://www.marketwatch.com/press-release/leisure-boats-market-size-share-growth-factors-competitive-landscape-and-regional-forecast-2026-2022-06-15

https://www.marketwatch.com/press-release/u-s-utility-terrain-vehicles-market-growth-forecst-by-2027-with-insights-on-covid-19-impact-analysis-2022-06-15

https://www.marketwatch.com/press-release/dual-clutch-transmission-market-analysis-by-upcoming-business-trends-opportunities-and-revenue-analysis-to-2027-2022-06-15

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
Electrical Conduit Market Statistics, Regional Growth & Forecast To 2024
By Ronak Bora

Global electrical conduit market is poised to witness appreciable growth in the coming years owing to increasing efforts towards containing electric supply faults, health hazards, fire, and other operational breakdown. Electrical wiring is directly ...

GCC Natural Gas Market Outlook 2024 By Industry Players
GCC Natural Gas Market Outlook 2024 By Industry Players
By Ronak Bora

GCC natural gas market has been a recipient of the concerns related to energy security and climatic changes due to increasing fossil fuel consumption. In a bid to strengthen the regional sustainable energy scenario, GCC countries including Kuwait, UA...

Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
Europe Residential Boiler Market | Opportunities, Key Trends & Growth Analysis To 2024
By Ronak Bora

The shifting focus of European countries toward energy efficiency is certain to act as a driving force for Europe residential boiler industry. The increasing awareness about the adverse effects of fossil fuel consumption for energy generation has bee...