Market Overview:
The global recreational vehicles (RVs) batteries market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the global recreational vehicles (RVs) batteries market can be attributed to the increasing demand for RVs across the globe. The truck radial (TBR) tire segment is expected to account for a major share of the global recreational vehicles (RVs) batteries market during the forecast period. This can be attributed to the increasing demand for TBR tires in North America and Europe owing to their superior performance as compared with bias ply tires. The bus radial (TBR) tire segment is projected to grow at a higher CAGR during the forecast period, owing to rising demand from Asia Pacific countries such as China and India. In terms of application, OEM accounted for a major share ofthe global recreational vehicles (RVs) batteries market in 2017. This can be attributedtothe growing demand from original equipment manufacturersfor high-quality RV batteries across regions such as North Americaand Europe.
 Batteries Industry Outlook.svg)
Product Definition:
RVs are vehicles that people use for recreation, such as camping, road trips, and fishing. RVs come in all shapes and sizes, from small camper vans to large motor homes. They usually have a kitchenette, bathroom, and sleeping area.
RV batteries provide power to the RV's electrical systems. They are important for running the lights, refrigerator, furnace fan, water pump etc. When camping or travelling in an RV it is important to keep the battery charged so that you can enjoy all of the amenities of your vehicle.
Truck Radial (TBR) Tire:
Truck radial tire is a type of tire which is used in heavy trucks and buses for commercial transportation. The product was first manufactured by the Goodyear Tire & Rubber Company in the year1928 as an enhancement to their automobile radial tires. Over time, it has been modified and adopted by several other manufacturers across different industry verticals including automotive, consumer goods, aerospace & defense among others.
Bus Radial (TBR) Tire:
Bus radial tire (TBR) is a type of truck tire with a tread pattern that is designed to provide better stability while turning and driving at low speeds. The tires are built for heavy-duty applications, such as the transportation of goods in the stockyards and meat processing plants. TBRs are also used in buses, which have high speed requirements but limited maneuverability due to their width.
Application Insights:
Based on application, the market is segmented into OEM, aftermarket and others. The OEM segment held a major share of over 70% in 2017. Recreational vehicles are usually sold with an integrated battery pack which can be recharged using an electric hook-up or campground power supply. These batteries are designed for use in RVs and hence have to meet high standards of performance, safety and durability owing to heavy usage during camping trips or long drives across remote areas with no access to electricity supply.
The growing popularity of recreational vehicles among people aged 55 years and above as they offer more space for living along with comfort features such as air conditioner & heater has contributed significantly towards the growth of this application segment since 2013.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly driven by increasing demand for recreational vehicles in the U.S. and Canada on account of rising population, coupled with growing disposable income among consumers.
Asia Pacific is expected to be one of the fastest-growing regional markets at a CAGR exceeding 6% during the forecast period on account of rapid urbanization along with increasing number of manufacturing facilities set up by key players such as Panasonic Corporation; Samsung SDI Co., Ltd.; LG Chem Ltd.; Johnson Controls Inc.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for batteries, which will in turn drive the growth of the RV batteries market.
- Technological advancements: The development of new and innovative technologies is propelling the growth of the RV batteries market. For instance, lithium-ion (Li-ion) technology has emerged as a preferred choice among consumers owing to its high energy density and long life cycle. This is likely to boost the sales of Li-ion RV batteries in coming years.
- Rising disposable income: A rise in disposable income has led to an increase in spending on recreational activities, such as camping and road trips, thereby driving demand for RVs equipped with better battery performance and capacity.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recreational Vehicles (RVs) Batteries Market Research Report
By Type
Truck Radial (TBR) Tire, Bus Radial (TBR) Tire
By Application
OEM, Aftermarket
By Companies
Bridgestone Corporation, MICHELIN, Continental AG, The Goodyear Tire and Rubber Company, China National Tyre and Rubber Corporation, BKT Industries Limited, KUMHO Tire, Yokohoma Rubber Corporation, Sumitomo Rubber Industries Limited, Giti Tire, Apollo Tyres
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Recreational Vehicles (RVs) Batteries Market Report Segments:
The global Recreational Vehicles (RVs) Batteries market is segmented on the basis of:
Types
Truck Radial (TBR) Tire, Bus Radial (TBR) Tire
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
OEM, Aftermarket
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:
- Bridgestone Corporation
- MICHELIN
- Continental AG
- The Goodyear Tire and Rubber Company
- China National Tyre and Rubber Corporation
- BKT Industries Limited
- KUMHO Tire
- Yokohoma Rubber Corporation
- Sumitomo Rubber Industries Limited
- Giti Tire
- Apollo Tyres
 Batteries Market Overview.svg)
Highlights of The Recreational Vehicles (RVs) Batteries 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:
- Truck Radial (TBR) Tire
- Bus Radial (TBR) Tire
- By Application:
- OEM
- Aftermarket
- 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 Recreational Vehicles (RVs) Batteries 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
 Batteries Market Statistics.svg)
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?
Recreational Vehicles (RVs) batteries are a type of battery used in RVs. They are often used to power things like lights, fans, and appliances.
Some of the major players in the recreational vehicles (rvs) batteries market are Bridgestone Corporation, MICHELIN, Continental AG, The Goodyear Tire and Rubber Company, China National Tyre and Rubber Corporation, BKT Industries Limited, KUMHO Tire, Yokohoma Rubber Corporation, Sumitomo Rubber Industries Limited, Giti Tire, Apollo Tyres.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recreational Vehicles (RVs) Batteries 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 Recreational Vehicles (RVs) Batteries Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recreational Vehicles (RVs) Batteries 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 Recreational Vehicles (RVs) Batteries 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 Recreational Vehicles (RVs) Batteries Market Size & Forecast, 2020-2028
4.5.1 Recreational Vehicles (RVs) Batteries Market Size and Y-o-Y Growth
4.5.2 Recreational Vehicles (RVs) Batteries Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Truck Radial (TBR) Tire
5.2.2 Bus Radial (TBR) Tire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recreational Vehicles (RVs) Batteries 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 Recreational Vehicles (RVs) Batteries 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Truck Radial (TBR) Tire
9.6.2 Bus Radial (TBR) Tire
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 Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Truck Radial (TBR) Tire
10.6.2 Bus Radial (TBR) Tire
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 Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Truck Radial (TBR) Tire
11.6.2 Bus Radial (TBR) Tire
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 Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Truck Radial (TBR) Tire
12.6.2 Bus Radial (TBR) Tire
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 Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Truck Radial (TBR) Tire
13.6.2 Bus Radial (TBR) Tire
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) Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 Recreational Vehicles (RVs) Batteries Market: Competitive Dashboard
14.2 Global Recreational Vehicles (RVs) Batteries Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone Corporation
14.3.2 MICHELIN
14.3.3 Continental AG
14.3.4 The Goodyear Tire and Rubber Company
14.3.5 China National Tyre and Rubber Corporation
14.3.6 BKT Industries Limited
14.3.7 KUMHO Tire
14.3.8 Yokohoma Rubber Corporation
14.3.9 Sumitomo Rubber Industries Limited
14.3.10 Giti Tire
14.3.11 Apollo Tyres
