NORTH AMERICA RECREATIONAL VEHICLE MARKET ANALYSIS

North America Recreational Vehicle Market, By Exterior Construction Material (Wood, Aluminum, Fiberglass, Steel, and Others), By Type (Motorhomes (Class A Motor Homes (Gasoline, Diesel), Class B Motor Homes (Gasoline, Diesel) Class C Motor Homes(Gasoline and Diesel), Travel Trailers & Campers (Conventional Travel Trailers and Fifth-wheel Travel Trailers) and Camping Trailers (Folding Camping Trailer and Truck Camper), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Recent Developments:

The major companies in the market are involved in mergers and acquisitions in order to gain a competitive edge in the market.

In May 2021, in a portfolio brand of Williams-Sonoma, Inc., partnered with travel trailer brand, Airstream, to a new collection of statement décor and accessories inspired by the spirit of adventure that brings the comforts of home on the road
In March 2023, Airstream, Inc. launched a concept travel trailer developed in partnership with Studio F. A. Porsche, an interior design solution provider. The concept was showcased at the South by Southwest (SXSW) Conference and Festivals in Texas, U.S
In December 2020, Thor Industries Inc., manufacturer of recreational vehicles announced the acquisition of Tiffin Motorhomes, an Alabama-based manufacturer of high-end recreational vehicles, in a deal worth US$ 300 million
In June 2021, Airstream, Inc. a recreational vehicle manufacturer announced the launch of the fully loaded, adventure-ready Interstate 24X – the latest addition to the brand’s lineup of high-end Class B motorhomes
The U.S. held the dominant position in the North America recreational vehicle Market in 2022, accounting for 88.5% shares in terms of value, followed by Canada.