The Business Research Company’s Motorhome Vehicle Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Motorhome Vehicle Global Market Report 2023 evaluates motorhome vehicle market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global motorhome vehicle market is expected to grow from $30.37 billion in 2022 to $33.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motorhome vehicle market is expected to reach $45.6 billion in 2027 at a CAGR of 8.3%.
The rise in the global tourism industry is expected to propel the growth of the motorhome vehicle market going forward. The tourism industry refers to the total number of businesses directly supplying products or services to support business, pleasure, and leisure activities outside the home. Travelers can stay in a convenient and pleasant location on the road using motorhomes as mobile accommodations. For instance, in August 2022, according to the World Travel and Tourism Council, a UK-based forum for the travel and tourism industry council, the GDP contribution of the global travel and tourism sector climbed by $1 trillion (+21.7% growth) in 2021 to reach $5.8 trillion. Its share of the overall economy rose from 5.3% in 2020 to 6.1% in 2021. Further, global travel and tourism jobs increased by 18.2 million, from 271.3 million in 2020 to 289.5 million in 2021. Therefore, the rise in the global tourism industry is driving the growth of the motorhome vehicle market.
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The motorhome vehicle market segments in the report are:
1) By Type: Type A, Type B, Type C
2) By Class: Entry-Level, Mid-Range, Luxury
3) By Application: Personal, Commercial
4) By End User: Fleet Owners, Direct Buyers
The table of contents in TBRC’s motorhome vehicle market report includes:
1. Executive Summary
2. Motorhome Vehicle Market Characteristics
3. Motorhome Vehicle Market Trends And Strategies
4. Motorhome Vehicle Market – Macro Economic Scenario
5. Motorhome Vehicle Market Segmentation
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26. South America Motorhome Vehicle Market
27. Brazil Motorhome Vehicle Market
28. Middle East Motorhome Vehicle Market
29. Africa Motorhome Vehicle Market
30. Motorhome Vehicle Market Competitive Landscape And Company Profiles
Top Major Players:
- Thor Industries Inc
- Forest River Inc
- Winnebago Industries Inc
- REV Group Inc
- Fleetwood RV Inc
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