The Recreational Vehicle (RV) Market in North America, 2019 to 2023 - Integration of Advanced Technologies Into RVs Fuels Demand - ResearchAndMarkets.com

DUBLIN--()--The "Recreational Vehicle (RV) Market in North America 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Integration of advanced technologies into RVs

The competitive nature of the RV market in North America is leading to the emergence of new technologies and advanced features, introduced by various vendors in the market. RV manufacturers are increasingly focusing on developing hybrid models for improved performance and minimal emissions.

Technological advancements have encouraged vendors to add features such as roadside assistance systems, remote systems monitoring, and others. Thus, the integration of advanced technologies into RVs will fuel the growth of the recreational vehicle market in North America at a CAGR of more than 8% during the forecast period.

Emergence of smart driver assist systems

The increased collaboration between technology providers and vehicle manufacturers have resulted in the emergence of smart driver assist systems for RVs. These systems can improve the overall driving experience of RVs.

For instance, vendors are focusing on integrating AI-based voice assistant into RV for hands-free interaction with infotainment systems. Thus, the emergence of smart driver assist systems is expected to drive the growth of the RV market in North America.

Market Dynamics

The market report looks at factors such as the increasing adoption of RVs by different generations of consumers, enhanced exposure leading to increased sales, and the integration of advanced technologies into RVs.

However, the vehicle recalls affecting the market dynamics, problems associated with RV ownership, and market sensitivity to macroeconomic factors may hamper the growth of the recreational vehicle industry over the forecast period.

Segment Analysis

This recreational vehicle market analysis considers the revenue generated from the sales of products such as towable RVs and motorized RVs. The analysis also considers the sales of recreational vehicle in the US, and the rest of North America.

In 2018, the towable RVs segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the advent of cost sharing ownership in a rental framework will play a significant role in the towable RVs segment to maintain their market position.

Competitive Landscape

With the presence of several major players, the recreational vehicle market in North America is moderately fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading recreational vehicle manufacturers that include:

  • Forest River Inc.
  • Gulf Stream Coach Inc.
  • REV Group Inc.
  • Thor Industries Inc.
  • Winnebago Industries Inc.

Also, the recreational vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Comparison by product
  • Towable RVs - Market size and forecast 2018-2023
  • Motorized RVs - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • US - Market size and forecast 2018-2023
  • Rest of North America - Market size and forecast 2018-2023
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Emergence of smart driver assist systems
  • Diversification of product offerings of OEMs
  • Increased use of advanced materials for component design

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Forest River Inc.
  • Gulf Stream Coach Inc.
  • REV Group Inc.
  • Thor Industries Inc.
  • Winnebago Industries Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ii2ame

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: RVs and Mobile Homes

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: RVs and Mobile Homes