Market Overview:
The global van conversions market is segmented on the basis of type, application and region. The type segment is further divided into below 15000 USD, 15000- 30000 USD, 30000- 50000 USD and above 50000 USD. The application segment is classified into commercial use and household use. The regional segmentation includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global van conversions market is expected to register a CAGR of 7% during the forecast period 2018-2030. Rising demand for customized vans for commercial as well as household applications are some of the major factors driving the growth of this market globally. Additionally, increasing awareness about the benefits associated with using converted vans over traditional vehicles is also propelling the growth of this market globally.
Product Definition:
A van conversion is the process of modifying a standard cargo van into a recreational vehicle. This can include adding features like a bed, kitchenette, and bathroom. Van conversions are popular among people who enjoy camping and road trips.
Below 15000 USD:
The global below 15000 USD, it's usage and growth factor in van conversions market size was valued at USD 2.1 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024. The increasing demand for minivans as family cars can be attributed to the significant growth of the market.
15000- 30000 USD:
15000-30000 USD is the price range which is generally paid for the conversion of a regular van to a minivan. The price varies according to different factors such as model, make, body type and region. In addition, local conditions like road taxes and vehicle age also affect the pricing.
Application Insights:
The commercial use segment dominated the global van conversions market, accounting for over 60.0% share of the overall revenue in 2017. The rising number of companies opting for flexible working culture and home offices is expected to be a key factor driving the demand from this segment over the forecast period. Companies are also focusing on offering customized solutions to meet their customers¢â‚¬â„¢ requirements, which is further anticipated to fuel product demand in this application segment during the study period.
The household use van conversion market was valued at USD 575 million in 2017 and is expected to witness significant growth owing to increasing consumer disposable income levels coupled with rising awareness regarding health benefits associated with regular exercise.
Regional Analysis:
Asia Pacific dominated the global van conversions market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, rising population, and growing automotive industry in countries such as India and China. Moreover, favorable government policies encouraging investments from both domestic and foreign players are anticipated to drive growth over the next eight years.
Europe accounted for a significant share of revenue generated by the global van conversions market in 2017 owing to high demand for commercial vehicles across various industries such as food & beverage, retail & e-commerce among others which require large fleet sizes on a regular basis.
North America was estimated at USD X million in 2017 owing with increase purchasing power parity (PPP) of consumers coupled with growing trend towards personalization within U.S.
Growth Factors:
- Increasing demand for fuel-efficient and low-emission vehicles
- Growing popularity of van camping and road trips
- Proliferation of DIY conversion guides online
- Rising number of small businesses that rely on vans for deliveries or services
- Increased interest in sustainable transportation options
Scope Of The Report
Report Attributes
Report Details
Report Title
Van conversions Market Research Report
By Type
Below 15000 USD, 15000- 30000 USD, 30000- 50000 USD, Above 50000 USD
By Application
Commercial Use, Household Use
By Companies
Forest River Inc, Jayco, Thor Industries, NorthWood Manufacturing, Thor Motor Coach, Winnebago Industries, Inc, Grand Design Momentum, Highland Ridge RV, Dutchment RV Voltage, Heartland Road Warrior, Forest River Inc, Pacific Coachworks，Inc, New Horizons RV, Aluminum Toy Hauler
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Van conversions Market Report Segments:
The global Van conversions market is segmented on the basis of:
Types
Below 15000 USD, 15000- 30000 USD, 30000- 50000 USD, Above 50000 USD
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, Household 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:
- Forest River Inc
- Jayco
- Thor Industries
- NorthWood Manufacturing
- Thor Motor Coach
- Winnebago Industries, Inc
- Grand Design Momentum
- Highland Ridge RV
- Dutchment RV Voltage
- Heartland Road Warrior
- Forest River Inc
- Pacific Coachworks，Inc
- New Horizons RV
- Aluminum Toy Hauler
Highlights of The Van conversions 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:
- Below 15000 USD
- 15000- 30000 USD
- 30000- 50000 USD
- Above 50000 USD
- By Application:
- Commercial Use
- Household 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 Van conversions 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?
Van conversions are a type of vehicle conversion that involve taking a standard van and converting it into an enclosed cargo or passenger vehicle. This can be done by adding walls, roofing, and windows to the van, or by completely replacing the van with a new cargo or passenger vehicle.
Some of the key players operating in the van conversions market are Forest River Inc, Jayco, Thor Industries, NorthWood Manufacturing, Thor Motor Coach, Winnebago Industries, Inc, Grand Design Momentum, Highland Ridge RV, Dutchment RV Voltage, Heartland Road Warrior, Forest River Inc, Pacific Coachworks，Inc, New Horizons RV, Aluminum Toy Hauler.
The van conversions market is expected to register a CAGR of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Van conversions 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 Van conversions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Van conversions 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 Van conversions 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 Van conversions Market Size & Forecast, 2018-2028
4.5.1 Van conversions Market Size and Y-o-Y Growth
4.5.2 Van conversions Market Absolute $ Opportunity
Chapter 5 Global Van conversions 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 Van conversions Market Size Forecast by Type
5.2.1 Below 15000 USD
5.2.2 15000- 30000 USD
5.2.3 30000- 50000 USD
5.2.4 Above 50000 USD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Van conversions 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 Van conversions Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Household Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Van conversions 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 Van conversions 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 Van conversions Analysis and Forecast
9.1 Introduction
9.2 North America Van conversions 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 Van conversions Market Size Forecast by Type
9.6.1 Below 15000 USD
9.6.2 15000- 30000 USD
9.6.3 30000- 50000 USD
9.6.4 Above 50000 USD
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 Van conversions Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Household 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 Van conversions Analysis and Forecast
10.1 Introduction
10.2 Europe Van conversions 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 Van conversions Market Size Forecast by Type
10.6.1 Below 15000 USD
10.6.2 15000- 30000 USD
10.6.3 30000- 50000 USD
10.6.4 Above 50000 USD
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 Van conversions Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Household 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 Van conversions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Van conversions 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 Van conversions Market Size Forecast by Type
11.6.1 Below 15000 USD
11.6.2 15000- 30000 USD
11.6.3 30000- 50000 USD
11.6.4 Above 50000 USD
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 Van conversions Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Household 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 Van conversions Analysis and Forecast
12.1 Introduction
12.2 Latin America Van conversions 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 Van conversions Market Size Forecast by Type
12.6.1 Below 15000 USD
12.6.2 15000- 30000 USD
12.6.3 30000- 50000 USD
12.6.4 Above 50000 USD
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 Van conversions Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Household 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) Van conversions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Van conversions 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) Van conversions Market Size Forecast by Type
13.6.1 Below 15000 USD
13.6.2 15000- 30000 USD
13.6.3 30000- 50000 USD
13.6.4 Above 50000 USD
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) Van conversions Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Household 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 Van conversions Market: Competitive Dashboard
14.2 Global Van conversions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Forest River Inc
14.3.2 Jayco
14.3.3 Thor Industries
14.3.4 NorthWood Manufacturing
14.3.5 Thor Motor Coach
14.3.6 Winnebago Industries, Inc
14.3.7 Grand Design Momentum
14.3.8 Highland Ridge RV
14.3.9 Dutchment RV Voltage
14.3.10 Heartland Road Warrior
14.3.11 Forest River Inc
14.3.12 Pacific Coachworks，Inc
14.3.13 New Horizons RV
14.3.14 Aluminum Toy Hauler
