The North America recreational vehicle market was valued for US$ 18.75 Bn in 2022 is expected to exhibit a CAGR of 8.6% during the forecast period.
A recreational vehicle or RV is a motor vehicle that includes quarters designed for accommodation. There are different types of RVs including campervans, caravans, truck campers, popup campers, fifth-wheel trailers, and campervans. RVs are typically used for travel, season use, recreation, or camping. A typical RV is comprised of a kitchen, a bathroom, and one or more sleeping facilities. Furthermore, RVs can either be trailer or self-motorized. The majority of RVs are single-deck, though double-deck RVs also exist. Some RVs have expandable sides or canopies to provide larger areas. Moreover, the fifth-wheel trailer is a type of travel trailer, known for its spacious two-level floor plans and it can be towed with a pickup truck. The capacity is up to six people.
North America Recreational Vehicle Market Report Snapshots
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