Market Overview:
The global motor caravan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for motor caravans for recreational and commercial purposes. In terms of type, the global motor caravan market is segmented into class A, class B, and class C caravans. Class A caravans are those that are equipped with all the amenities required for a comfortable stay on-the-road, while class B and C caravans are smaller in size and do not offer all the amenities as compared to those offered by Class A caravans. The application segmentation of this market includes commercial use and home use applications. Commercial use applications include usage by travel agencies or tour operators for providing holiday packages or transportation services to their customers, while home use applications include using these vehicles as an extra living space by homeowners or as an office space on wheels by entrepreneurs who work remotely from anywhere they choose to park their vehicle/s).
Product Definition:
A motor caravan is a type of self-propelled recreational vehicle. It is a motor home with collapsible sides and roof, providing more living space when the vehicle is in use.
Class A:
Class A is the highest form of recreational vehicle and it's also known as motorhome. It has sleeping space for up to 8 people in 1 bedroom, 2 or 3 bedrooms with en-suite facilities, a kitchen and living room. Class A has better amenities than any other type of RV such as satellite TV, Wi-Fi hot spot, microwave ovens (but no cooking range), AC units etc.
Class B:
Class B motor caravans are the most popular type of caravans in Australia. They have two axles and four wheels, with a permanent chassis and living quarters at the front. The Class B motor caravan has one toilet, kitchenette or cooking area, small lounge room with two beds or three sleepers (known as a triple bed), one bedroom with either single bed or bunks (known as a single bed), and an internal laundry.
Application Insights:
The commercial use segment dominated the global motor caravans market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing tourism, which has resulted in an increased number of leisure trips by families and friends. Furthermore, growing spending power along with rising disposable income has led to an increased demand for motor homes for commercial purposes on a rental basis or as part of package holidays.
The home use segment accounted for more than 50% share of the total revenue in 2017 owing to high product satisfaction among consumers who own a caravan at their rural or residential place.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to growing popularity of motor caravans as a leisure activity among the European population, coupled with increasing number of commercial establishments along caravan routes such as National Park and Forest Service (NPFS) areas and tourist destinations. Furthermore, presence of major manufacturers including Fiat Chrysler Automobiles N.V., Ford Motor Company, Volkswagen Group InBev SA/NV has fueled product demand in this region over the past few years.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising disposable income levels and improving standards of living especially among middle-class income groups that are associated with urbanization trends observed across various Asian countries including China, India, Thailand etc.
Growth Factors:
- Increasing demand for motor caravans as a result of the growth in tourism industry.
- Rising income levels of people, which is resulting in increased spending on leisure activities including caravanning holidays.
- Proliferation of affordable financing options for purchasing motor caravans.
- Growing popularity of caravanning as a recreational activity among all age groups, especially the young and retired population segments 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Caravans Market Research Report
By Type
Class A, Class B, Class C
By Application
Commercial Use, Home Use
By Companies
Thor Industries, Forest River, Winnebago Industries, REV Group, Weinsberg, Hobby Caravan, Dethleffs, Tiffin Motorhomes, Newmar, Trigano, Thor Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Motor Caravans Market Report Segments:
The global Motor Caravans market is segmented on the basis of:
Types
Class A, Class B, Class C
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thor Industries
- Forest River
- Winnebago Industries
- REV Group
- Weinsberg
- Hobby Caravan
- Dethleffs
- Tiffin Motorhomes
- Newmar
- Trigano
- Thor Industries
Highlights of The Motor Caravans Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Class A
- Class B
- Class C
- By Application:
- Commercial Use
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Motor Caravans Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Motor caravans are a type of caravan that is powered by an engine. They are usually larger than traditional caravans and have more room inside. Motor caravans can be used for travel, camping, or as a home away from home.
Some of the key players operating in the motor caravans market are Thor Industries, Forest River, Winnebago Industries, REV Group, Weinsberg, Hobby Caravan, Dethleffs, Tiffin Motorhomes, Newmar, Trigano, Thor Industries.
The motor caravans market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motor Caravans Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Motor Caravans Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Motor Caravans Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Motor Caravans Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Motor Caravans Market Size & Forecast, 2018-2028 4.5.1 Motor Caravans Market Size and Y-o-Y Growth 4.5.2 Motor Caravans Market Absolute $ Opportunity
Chapter 5 Global Motor Caravans Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Motor Caravans Market Size Forecast by Type
5.2.1 Class A
5.2.2 Class B
5.2.3 Class C
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motor Caravans Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Motor Caravans Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor Caravans Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Motor Caravans Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Motor Caravans Analysis and Forecast
9.1 Introduction
9.2 North America Motor Caravans Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Motor Caravans Market Size Forecast by Type
9.6.1 Class A
9.6.2 Class B
9.6.3 Class C
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Motor Caravans Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Motor Caravans Analysis and Forecast
10.1 Introduction
10.2 Europe Motor Caravans Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Motor Caravans Market Size Forecast by Type
10.6.1 Class A
10.6.2 Class B
10.6.3 Class C
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Motor Caravans Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Motor Caravans Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motor Caravans Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Motor Caravans Market Size Forecast by Type
11.6.1 Class A
11.6.2 Class B
11.6.3 Class C
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Motor Caravans Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Motor Caravans Analysis and Forecast
12.1 Introduction
12.2 Latin America Motor Caravans Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Motor Caravans Market Size Forecast by Type
12.6.1 Class A
12.6.2 Class B
12.6.3 Class C
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Motor Caravans Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Motor Caravans Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motor Caravans Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Motor Caravans Market Size Forecast by Type
13.6.1 Class A
13.6.2 Class B
13.6.3 Class C
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Motor Caravans Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Motor Caravans Market: Competitive Dashboard
14.2 Global Motor Caravans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thor Industries
14.3.2 Forest River
14.3.3 Winnebago Industries
14.3.4 REV Group
14.3.5 Weinsberg
14.3.6 Hobby Caravan
14.3.7 Dethleffs
14.3.8 Tiffin Motorhomes
14.3.9 Newmar
14.3.10 Trigano
14.3.11 Thor Industries