Market Overview:
The global class A towable recreational vehicles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for luxury and comfort in travel, rising disposable income, and growing tourism industry. In terms of type, the market is segmented into capacity (1-6 people), capacity (1-10 people), and capacity (1-14 people). Among these segments, the capacity (1-10 people) segment is expected to account for a major share of the global class A towable recreational vehicles market during the forecast period. This can be attributed to increasing demand for family vacations and rise in number of dual income households. In terms of application, commercial use accounted for a major share of the global class A towable recreational vehicles market in 2017.
Product Definition:
Class A towable recreational vehicles are the largest and most luxurious RVs on the market. They are often used for long-distance travel and can be towed by a large SUV or truck. Class A RVs come with all of the amenities of a home, including a kitchen, bathroom, and sleeping area. They are perfect for families or groups who want to travel together in comfort.
Capacity (1-6 people):
Capacity is the total number of people or things that can be carried by a vehicle. It is usually measured in terms of the maximum load that a vehicle can carry, based on its design and type. The most common types are class A (1-6 people), class B (7-12 people), and class C (13+ people).
The capacity of recreational vehicles depends on various factors such as length, width, height, wheelbase and weight among others.
Capacity (1-10 people):
Capacity is the total number of passengers and/or seats in a vehicle. It can be 1-10 people or more than 10 people. The capacity of class A towable recreational vehicles (ATRV) is based on the seating capacity minus the driver's seat, if any. For instance, a 7-passenger vehicle would have 4 seats and 2 optional drivers' seats (for a total of 5 passengers).
Application Insights:
The home use segment dominated the global class A towable recreational vehicles market, accounting for more than 60.0% share of the overall revenue in 2017. The growing popularity of outdoor activities such as camping and hiking is one of the major factors driving demand for these vehicles at home rather than commercial sites or resorts. Furthermore, favorable government policies promoting investments in tourism infrastructure are expected to boost product demand over the forecast period.
The commercial use segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in leisure travel and business trips by corporate professionals working in key economies including China, India and Australia among others across Latin America and Asia Pacific regions respectively which are likely to contribute towards growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. Increasing number of commercial spaces, especially hotels and resorts, is anticipated to drive the demand for recreational vehicles in North America. Furthermore, growing popularity of outdoor recreational activities such as camping and fishing has positively influenced product demand in this region. Moreover, presence of key manufacturers including Thor Industries Inc.
Asia Pacific is expected to be one of fastest-growing regions during the forecast period owing to increasing disposable income levels coupled with rising tourism industry across countries such as China.
Growth Factors:
- Increasing demand for luxury and customized recreational vehicles
- Rising disposable income of the population
- Proliferation of camping and outdoor recreational activities
- Technological advancements in towable recreational vehicle design and features
- Growing popularity of RV vacations among families and retirees
Scope Of The Report
Report Attributes
Report Details
Report Title
Class A Towable Recreational Vehicles Market Research Report
By Type
Capacity (1-6 people), Capacity (1-10 people), Capacity (1-14 people)
By Application
Commercial Use, Home Use
By Companies
Thor Industries, Forest River, Winnebago Industries, Knaus Tabbert, Hobby Caravan, Dethleffs, Weinsberg, Trigano, Gulf Stream Coach, 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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Class A Towable Recreational Vehicles Market Report Segments:
The global Class A Towable Recreational Vehicles market is segmented on the basis of:
Types
Capacity (1-6 people), Capacity (1-10 people), Capacity (1-14 people)
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
- Knaus Tabbert
- Hobby Caravan
- Dethleffs
- Weinsberg
- Trigano
- Gulf Stream Coach
- Thor Industries
Highlights of The Class A Towable Recreational Vehicles 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:
- Capacity (1-6 people)
- Capacity (1-10 people)
- Capacity (1-14 people)
- 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 Class A Towable Recreational Vehicles 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?
Class A Towable Recreational Vehicles are those that have been designed specifically for recreational use and offer features not typically found in other types of vehicles. These include features like a large, comfortable cabin with room for up to eight people, high-quality construction that is able to withstand the rigors of regular use, and powerful engines that make them capable of traveling at high speeds.
Some of the major players in the class a towable recreational vehicles market are Thor Industries, Forest River, Winnebago Industries, Knaus Tabbert, Hobby Caravan, Dethleffs, Weinsberg, Trigano, Gulf Stream Coach, Thor Industries.
The class a towable recreational vehicles 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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size & Forecast, 2018-2028 4.5.1 Class A Towable Recreational Vehicles Market Size and Y-o-Y Growth 4.5.2 Class A Towable Recreational Vehicles Market Absolute $ Opportunity
Chapter 5 Global Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size Forecast by Type
5.2.1 Capacity (1-6 people)
5.2.2 Capacity (1-10 people)
5.2.3 Capacity (1-14 people)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Analysis and Forecast
9.1 Introduction
9.2 North America Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size Forecast by Type
9.6.1 Capacity (1-6 people)
9.6.2 Capacity (1-10 people)
9.6.3 Capacity (1-14 people)
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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Analysis and Forecast
10.1 Introduction
10.2 Europe Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size Forecast by Type
10.6.1 Capacity (1-6 people)
10.6.2 Capacity (1-10 people)
10.6.3 Capacity (1-14 people)
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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size Forecast by Type
11.6.1 Capacity (1-6 people)
11.6.2 Capacity (1-10 people)
11.6.3 Capacity (1-14 people)
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 Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Analysis and Forecast
12.1 Introduction
12.2 Latin America Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market Size Forecast by Type
12.6.1 Capacity (1-6 people)
12.6.2 Capacity (1-10 people)
12.6.3 Capacity (1-14 people)
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 Class A Towable Recreational Vehicles 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) Class A Towable Recreational Vehicles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Class A Towable Recreational Vehicles 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) Class A Towable Recreational Vehicles Market Size Forecast by Type
13.6.1 Capacity (1-6 people)
13.6.2 Capacity (1-10 people)
13.6.3 Capacity (1-14 people)
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) Class A Towable Recreational Vehicles 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 Class A Towable Recreational Vehicles Market: Competitive Dashboard
14.2 Global Class A Towable Recreational Vehicles 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 Knaus Tabbert
14.3.5 Hobby Caravan
14.3.6 Dethleffs
14.3.7 Weinsberg
14.3.8 Trigano
14.3.9 Gulf Stream Coach
14.3.10 Thor Industries