Global Recreational Vehicle Market Size & Outlook
Global recreational vehicle market, 2018-2030 (US$M)
Related Markets
Global recreational vehicle market highlights
- The global recreational vehicle market generated a revenue of USD 60,695.3 million in 2022 and is expected to reach USD 144,550.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 11.5% by 2030.
- In terms of segment, towable rvs accounted for a revenue of USD 44,739.0 million in 2022.
- Motorhomes is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 60,695.3 million |
| Market revenue in 2030 | USD 144,550.0 million |
| Growth rate | 11.5% (CAGR from 2022 to 2030) |
| Largest segment | Towable rvs |
| Fastest growing segment | Motorhomes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Motorhomes, Towable RVs |
Other key industry trends
- In terms of revenue, the North America accounted for 57.7% of the global recreational vehicle market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 181.6 million by 2030.
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Recreational Vehicle Market Scope
Recreational Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global recreational vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to recreational vehicle market will help companies and investors design strategic landscapes.
Towable rvs was the largest segment with a revenue share of 73.71% in 2022. Horizon Databook has segmented the Global recreational vehicle market based on motorhomes, towable rvs covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Recreational Vehicle Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Motorhomes
- Class A
- Class B
- Class C
- Towable RVs
- Fifth Wheel
- Travel Trailer
- Camping Trailer
- Motorhomes
- Global Recreational Vehicle Application Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
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Target buyers of Global recreational vehicle market databook
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Our clientele includes a mix of recreational vehicle market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global recreational vehicle market, including forecasts for subscribers. This global databook contains high-level insights into Global recreational vehicle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global recreational vehicle market size, by regions, 2018-2030 (US$M)
Top 10 countries: Recreational vehicle market size, 2022 (US$M)
Global recreational vehicle market share, by vehicle type, 2022 & 2030 (%, US$M)
Recreational vehicle market: Opportunity assessment by country
Global recreational vehicle market, by region, 2022 (US$M)
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