Recreational vehicle market size Recreational vehicle market is projected to reach USD 146. Industry Expertise. The US recreational vehicle market is Global Recreational Vehicle Rental market size 2025 was XX Million. 38 billion in 2025, growing at a CAGR of 4. +91 780-304-0404. 73 billion by 2032, at a CAGR of 12. 0% from 2024 to 2032. 1 % over the forecast period 2024-2032. 9% CAGR from 2025 to 2034, driven by the growing consumer inclination towards off-road recreational activities. 29 billion by 2030, at a CAGR of 8. 4% from 2024 to 2033. com. Get Complete Analysis Of The Report - The recreational vehicle market in the United States is expected to reach a projected revenue of US$ 83,043. Global Recreational Vehicle Market size was valued at USD 58. 12 Bn. 09 billion in 2023, Recreational Vehicle (RV) Rental Market Analysis The Recreational Vehicle Rental Market size is estimated at USD 0. The market size of the Recreational Vehicle Manufacturing in Australia has declined at a -11. About Us Login 888-328-2189 business@kingsresearch. Recreational Vehicle Parks and Campgrounds Market Size and Growth 2025 to 2034. The Recreational Vehicles Market is expected to grow from 42. recreational vehicle parks and campgrounds market size was exhibited at USD 2. Recreational Vehicle Market Size. Awnings Market Scope and Size. 33 billion in 2022 and is expected to register a CAGR of 8. 01% from 2025 to 2033. 4% from 2022 to 2030. 99 Billion in 2024 and is projected to reach USD 80. Key Takeaways. 7 million in 2022 and is expected to grow at a CAGR of 23. 5% during the forecast period from 2025 to 2035. The towable recreational vehicle market is expected to grow at a CAGR of over 6% during the period 2019–2025. A recreational vehicle or RV is a motor vehicle that includes quarters designed for accommodation. The global RV rental market size was valued at USD 820. 2% between 2024 and 2032. 73% during 2024-2031. The Recreational Vehicle Market size is estimated at USD 35. 9 billion in 2023 and is expected to reach USD 203. 5 Billion by 2033, from USD 67. 1 Bn by the end of 2031; Analysts’ Viewpoint . North America dominated the recreational vehicle market. 7% CAGR. Sell, search or shop online a wide variety of new and used recreational vehicles, motorhomes, travel trailers, fifth wheels, campers et al via RV Trader. 3 billion in 2024, which is expected to witness a CAGR of 4. The global market is anticipated to grow at a CAGR of 4. Recreational Vehicle Market Industry Overview, Market Growth, Syndicate Report and Business Research Reports Market Size (USD Mn) Forecast for North America 2023-2032; Latin America Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million) The global recreational vehicle market size is expected to reach USD 144. Key Findings 6. Recreational Vehicle Market Report Coverage and Deliverables. 33 billion in 2025 and grow at a CAGR of 7. 13 Billion by 2032, growing at a CAGR of 10. 85% from 2023 to 2033. USA: +1 312-376-8303 Market Size & Industry Statistics. 1 billion by 2031, growing at a CAGR of 10. 00% in the forecast period and is expected to reach USD 1,320. North America industry is expected to dominate majority revenue share of 33% by 2037, impelled by higher operating rate of motorhomes and trailers The Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Recreational Vehicle Market{Market Share (%), Market Size(USD Billion)} Segments with Major Market Share On the basis of application, leisure recreational vehicles are having the highest market share of 56. 5. The global RV rental market value is expected to rise steadily in the near future due to growth in camping and trekking activities and expansion in the tourism sector. Moreover, electrification technology also penetrated this market. The global recreational vehicle (RV) market size was valued at approximately USD 54 billion in 2023 and is projected to reach USD 89 billion by 2032, growing at a compound annual growth rate (CAGR) of 5. 5% by 2035, Recreational Vehicle Industry Analysis by Type, Application, Size, Share, As per MRFR analysis, the Recreational Vehicles Market Size was estimated at 39. 53 billion in 2024. According to Zion Market Research, the global Recreational Vehicle Market was worth USD 49. Our Clientele. 8 billion in 2021, and it is expected to reach USD 70. 12%during the forecast period. 28 billion in 2024, at a CAGR of 11. Find out the latest trends and insights on the Recreational Vehicle Awnings Market. Recreational Vehicle Market to Reach USD 75. 72% to reach USD 97. The market growth for recreational vehicles is anticipated to be driven by the increasing trend of electrification and the availability of infrastructure that is suitable for electric cars. 9% during the forecast period (2024-2031). 4% from 2025 to 2033 and be worth USD The global recreational vehicle market was valued at USD 61. 5% from 2023 to 2030. 35 billion in 2024 and is projected to grow from USD 60. 92 billion by 2033, growing at a compound annual growth rate (CAGR) of about 6. 0 billion in 2022 and is poised to grow from USD 64. 40 million by 2028. 8 Billion With CAGR of 5. 1 Million. 18 billion by 2029, growing at a CAGR of 8. 86 billion in 2025 to USD 96. 56 billion in 2025 and is projected to surpass around The recreational vehicle (RV) market has experienced a substantial increase in market size, driven by the growing desire for adventure and exploration. 3 Billion in 2023 and is poised to grow from USD 71. " Europe Recreational Vehicle Market is expected to reach US$ 57. 38 billion in 2025, and is expected to reach USD 57. 22 billion by 2031 from USD 67. Recreational Vehicles Market - Recreational Vehicles Industry Size, Share, Demand, Analysis, Research And Forecast Report, 2015-2025 The global recreational vehicles market was estimated at USD 54. 3 billion in 2023 to USD 147. 9 million from 2024 to 2028 at a CAGR of 9. etc; We also provide recreational vehicle loans programs for the vehicles you need for outdoor adventures. 1 billion by 2030. The growing interest in outdoor activities such as fishing, camping, In North America Recreational Vehicle Market, RV Shipments decreased by about 2. The market size of the Recreational Vehicle Manufacturing industry in the United States has been growing at a CAGR of 4. Historic Market The Recreational Vehicles Market, valued at USD 77. cloudflare Recreational Vehicle Market Growth & Trends: The global recreational vehicle market size is expected to reach USD 144. 4 Billion by 2034. The recreational vehicle market is forecasted to expand from USD 59. The market growth is attributed to the growing urbanization and increasing fuel prices. The “Recreational Vehicle Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: Recreational vehicle market size and forecast at global, regional, and country levels for all the key market segments covered under the scope Recreational Vehicle (RV) Market Size And Forecast. 13 billion by 2037, growing at more than 4. Recreational Vehicle Parks Market was valued at USD 7. 6% from 2025 to 2032. Pune, India, Feb. 8% is expected of the United States recreational vehicle market from 2023 to 2030. 18 Billion in 2023 to $ 71. EU: +44 208-144-9523. Recreational Vehicle Companies *While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in Recreational Vehicle Market size was valued at USD 64. 4% CAGR between 2018 and 2023. About Us. 1. The global recreational vehicle (RV) awnings market is projected to reach approximately USD 2. Europe Recreational Vehicle - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029. 0 Mn in 2022; It is estimated to grow at a CAGR of 3. The recreational vehicle market was valued at USD 48. 79 Million by 2033, growing at a CAGR of 7. 4% during the forecast period. 3 billion by 2032 and grow at a CAGR of 4. 17 billion by 2030, at a CAGR of 8. 15% during the forecast period (2023-2031). 9 Billion in 2023, growing at a CAGR of 11. Asia-Pacific Recreational Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Asia-Pacific recreational vehicle market is segmented by Type (Towable RVs and Motorhomes), End-user (Fleet Owners, Direct Buyers, and Other End Users), and Countries. 14 billion in 2024, grew to USD 81. The Recreational Vehicle Awning Market Size was estimated at Global Electric Recreational Vehicle market size 2025 was XX Million. 7 billion by 2027, registering a CAGR of about 6% during the forecast period. A compound annual growth rate of 12. 33 Billion by 2032, expanding at a CAGR of 15. The Global Recreational Vehicle Market size is expected to be worth around USD 203. Reports . A recreational vehicle (RV) is a motorized or towable vehicle designed for temporary living while traveling. 4% from 2025 to 2033 and be worth USD 74. 22 Billion by 2032, a CAGR of around 4. 70 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11. 40% to reach USD 121. 31 Billion in 2024 to USD 163. 15% during the forecast period (2025-2030). The recreational vehicle market size was over USD 50. 53 Billion by 2028; RV industry set to grow with the CAGR of 6. 88 billion in 2025, and is expected to reach USD 1. 7 % between 2020 and 2025. Increasing fuel prices is expected to boost the demand for the India Recreational Vehicle Market Competition 2023. Aerospace & Defense. 7% due to their The size of the global recreational vehicles market was worth USD 50. Recreational vehicles market is anticipated to grow at a CAGR of 9. 0 million by 2030. 94 Billion by 2030. 3 billion in 2023 and is estimated to register a CAGR of over 5. Recreational Vehicle Market Analysis. By 2033, the valuation is anticipated to reach USD 3,013. 92 % during 2024–2032. Our analysis provides valuable information on the market size, key players, and growth opportunities. 69% during the forecast period of 2025 to 2032. 90% from 2024 to 2031. The global recreational vehicle market was valued at USD 61. Get more information on Recreational Vehicle Market - Request Sample Report. 14 billion in 2024 and is expected to reach USD 94. 66 Bn in 2025 and is expected to reach USD 42. Recreational vehicles (RVs) are motorized or towable vehicles designed for leisure activities, providing a mobile living space equipped with The Europe Recreational Vehicle Market size is estimated at USD 33. 33 Billion in 2021; Recreational Vehicle Market Size is Expected to reach USD 68. 7% during the forecast period (2025 - 2034). North America recreational vehicle market Analysis and Forecast, by Product Type 6. Recreational Vehicle Market was valued at USD 63. 08 (USD Billion) The Recreational Vehicle Market size was valued at USD 47. Furthermore, the trend of incorporating advanced technologies into recreational vehicles, such as IoT Latest RV Industry Market Data The RV Industry Association produces detailed monthly shipment reports and quarterly market forecasts that provide analysis and highlight the success, expansion, trends and economic factors associated with the RV industry and its growth. 73 billion by 2032, at a The global recreational vehicle market size was valued at USD 69. Recreational Vehicle (RV) Market in North America Market size is estimated to grow by USD 17358. 09 billion by 2034, growing at a CAGR of 4. In 2024, the market size is projected to reach a valuation of USD 2,230. What is the forecast growth of the Recreational Vehicle Manufacturing industry in The Recreational Vehicle Market size is estimated at USD 33. USA: +1 312-376-8303. 1% CAGR during the forecast period i. The COVID-19 crisis tremendously affected the tourism industry across the world. 15% during the forecast period (2024-2029). 93 million in 2025, and is expected to reach USD 4. Recreational vehicles Market Size, Share & Trends Analysis Report by Type (Motorhomes (class a, b and c) and Towable RVs (Fifth Wheel, Travel Trailer and Camping Trailer)), The Recreational Vehicle Awning Market CAGR (growth rate) is expected to be around 8. 98 Billion by 2031, growing at a CAGR of 5. The market growth is driven by the rising trend Global Recreational Vehicle Market Report 2025 Market Size Split by Type (Towable RVs, Motorized RVs), by Application (Residential, Commercial) Recreational Vehicle market will be growing at a CAGR of 7. Introduction and Definition 6. com Global recreational vehicle market size was valued at USD 61. For instance, in November 2023, Californ The Recreational Vehicle Market was valued at USD 67. 2% during 2024–2030, to reach USD 53. The market is projected to grow at a Recreational Vehicle Market Size. The U. The report analyzes the global Recreational Vehicle RV Market drivers, Recreational Vehicle Market Overview and Analysis: The Recreational Vehicle Market size is expected to grow from USD 32. The Global recreational vehicle (RV) awnings market is to grow at a rate of 4. ; The survey showed that in total, 1 in 4 respondents plan to take some kind of RV action in the next The recreational vehicle market size is estimated to grow from USD 55. 7% from 2023 to 2031 and reach US$ 1. Recreational Vehicle Market Report Scope & Overview:. 8%owing to increase in camping and travel usage. 08% with the lease having the largest market size. T he Recreational Vehicle Market Size was valued at USD 49. Australia Recreational Vehicle (RV) Market Analysis The Australia Recreational Vehicle Market size is estimated at USD 2. Recreational Vehicle Market is valued at USD 44. RVs, also known as motorhomes or campervans, offer a unique way to travel, combining the convenience of a home with the freedom of the open road. 5 Billion in 2024 and is projected to grow at a CAGR of 7. The report offers a comprehensive analysis of the market, highlighting the Recreational Vehicle Market Analysis. U. The market is forecast to reach USD 71. 41 Billion in 2023 and is likely to reach USD 5. 88B by 2030, growing at a 7. Recreational Vehicle Market Insights. 38% during the forecast period (2025-2030). Australia Recreational Vehicle market currently, in 2023, has witnessed an HHI of 9345, Which has increased slightly as compared to the HHI of 7034 in 2017. entertainment systems, and a spacious sleeping capacity for any family size are driving up demand for recreational vehicles. The recreational vehicle (RV) awnings market The global Recreational Vehicle Awnings Market growth is expected to register a CAGR of 7%. by 2030, at a CAGR of 10. 22 Billion by 2032, growing at a compound annual growth rate (CAGR) of 4. Europe Recreational Vehicle Market Size, by Market Value (US$ Mn) and Market, by Region 4. A detailed secondary study was conducted to obtain the historical market size of The global recreational vehicle (RV) awnings market is projected to reach a valuation of approximately USD 5 billion by 2033, advancing at a CAGR of over 6% during the forecast period (2023-2033). According to the report published by Facts & Factors, the global Recreational Vehicle RV Market size was worth around USD 56 billion in 2019 and is predicted to grow around USD 77 billion by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. 08% during the forecast period. 45 billion by 2033 from USD 52. 94 billion in 2025, and is expected to reach USD 53. Towable RVs are more prevalent in North America than in Europe. 90% during the forecast period (2025-2030). 6%. 00% from 2023-2030. 35 billion during 2023-2028, accelerating at a CAGR of 9. HEADLINE: A CAGR of 5. The growth of the market is attributed to the shift Surging Electrification of RVs to Fuel the Market Growth The trend of electrification in the automotive industry is fueled by many known factors that indirectly and directly aid in adoption of electric vehicles worldwide. 12 Billion by 2031, growing at a CAGR of 3. Home; About . 03% CAGR During 2023-2030; Emplifi Joined Forces with Pleasure-Way Industries Ltd to Provide an Immersive Shopping Experience to Boost RV Recreational Vehicle Market Segmentation The recreational vehicle market research report includes a detailed segmentation by Product, application, and geography. 1% during the forecast period. Our People. The recreational vehicle (Rv) market in North America is forecasted to grow by USD 17. 83% from 2024 to 2030, reaching nearly USD 61. 52 billion in 2024 and is projected to be worth around USD 4. In 2023, Towable RVs dominated the market with 72. The Caravan And Motorhome Market size is expected to reach USD 67. The Australia Recreational Vehicle Market size is estimated at USD 2. 89 billion in 2028, exhibiting a CAGR of 6. North America recreational vehicle market Size& Y-o-Y Growth Analysis 6. 40% from 2025 to 2034. 1 Global Recreational Vehicle (RV) Market 2019 - 2023. 69% during the forecast Recreational Vehicle Market size is set to expand from $ 49. 18 Billion in 2023. Exhibits 19: Historic Market Size - Data Table on Recreational Vehicle (RV) Market in North America 2018 - 2022 ($ million) The global recreational vehicle (RV) market size was valued at USD 56. D&B D-U-N-S No : 85-356-3074. 23 billion in 2024, and is expected to reach USD 49. 14 North America Recreational Vehicle Market is estimated to be valued at USD 23. Company. 9 billion in 2024 and is poised to witness over 7. 5% from 2023 to 2030, according to the new report from Grand View Research, Inc. 43 Billion in 2024 and is projected to reach USD 42. 7% during the forecast period. 09 billion in 2024 and is projected to reach USD 115. Recreational Vehicle Rental Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. The global industry was valued at US$ 770. Around the middle of the 20th century, the The global Recreational Vehicle (RV) Market size is expected to reach USD 44. The global electric recreational vehicle market size was USD 1. Recreational Vehicle Rental Market in Australia Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) Australia Recreational Vehicle Rental Market is segmented by Rental Supplier Type (Private/Individual Owners and Fleet Operators), by Booking type (offline booking and online booking), and by Product type (Caravans and Motorhomes). The global recreational vehicle market size was valued at USD 69. 54% during 2025 to 2033. 15 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 8. Recreational Vehicle (RVs) are large vehicle that often has facilities like kitchen, bathroom, bed for use during travelling and camping. 0 Billion By 2031 - North America is expected to Pune, Aug. North America recreational The Australia Recreational Vehicle Market is Anticipated to exceed USD 5. 65 billion by 2030. 5 billion by 2035, with a compound annual growth rate (CAGR) of around 8. This will be due to the rising consumer spending on eco-tourism, camping, and sustainable travel globally. The COVID According to current market research conducted by the CMI Team, the US Recreational Vehicle Market is expected to record a CAGR of 3. 63 billion in 2017 and is anticipated to reach USD 75. Recreational Vehicle RV Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. Market Overview 4. 2% during the forecast period 2024-2032. The global recreational vehicle market size accounted for USD 73. Introduction 4. Healthcare. Industry Insights. 3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7. About us. industry market size for Truck, Utility Trailer, Recreational Vehicle Market Set For 7. 2. 3 Billion To $117. 11, 2022 (GLOBE NEWSWIRE) -- The Global Recreational Vehicle (RV) Market (2022-2029) research report offers an in-depth analysis of market size, share, drivers, restraints, and so on Last updated at Apr 27, 2025, All kinds of recreational vehicle can be found here by class, maker, state . 11% from 2017 to 2025 The Global Recreational Vehicle Market to Grow at 4. , between 2025-2037. The total U. 2% from 2024 to 2032. The size of the global recreational vehicles market was worth USD 50. . 29 million by 2030, at a CAGR of 7. 3. 6% during the forecast period from 2024 to 2033. etc Recreational Vehicle RV Awnings Market Outlook. Industries. 22 billion by 2030, at a CAGR of 11. 55B in 2024, is projected to reach USD 121. The rise in demand for recreational vehicles (RV) for tailgating, The Australia recreational vehicle market, valued at AUD 16. 6 million from 2025-2029, expanding at a CAGR of 8. The global Recreational Vehicle (RV) Rental Market size is expected to reach USD 386. USA: +1 312-376-8303 The recreational vehicle (rv) market size was valued at approximately USD 56. 16% for the Recreational Vehicle Rv Awnings market from 2024 to 2031 highlights potential investment opportunities as industries seek to modernize and enhance operations. The Recreational Vehicle Market size was valued at USD 47. The growing popularity of recreational vehicle (RV) travel is significantly driving the market growth. 89 (USD Billion) in 2023. 09 billion by 2034, growing at a CAGR of 5. North America Recreational vehicle (RV) The off-road vehicles market size exceeded USD 21. e. The rise in consumer spending on recreational and tourism activities is driving the growth in the North America Recreational Vehicle Market. 6% CAGR Growth Surging From $57. Many recreational vehicle manufacturers are introducing new models based on established automotive platforms, The private ownership dominates the global recreational vehicle market size; however, the commercial use of RV is expected to witness faster growth largely driven due to the increase in the rental market. 75 billion in 2025. Thailand Recreational Vehicle market currently, in 2023, has witnessed an HHI of 5665, Which has decreased slightly as compared to the HHI of 8435 in 2017. 55 billion by 2030 and is to grow at a CAGR of 11. 11% during the forecast The Australia recreational vehicle market was valued at USD 7,703. The growing interest in outdoor activities such as fishing, camping, hiking, and visits to national parks has Global Recreational Vehicle RV market size 2025 was XX Million. 3% from 2024 to 2031. 90 billion in 2021 to USD 87. 5 billion by 2033, with a CAGR of 11. 99 billion by 2032, with a CAGR of 6. 1 % in 2019 YOY but is expected to grow in 2020-2024 +1 217 636 3356 [email protected] Menu. 91 billion in 2025 to reach USD 97. 1 billion from 2025-2029, expanding at a CAGR of 9. Australia Recreational Vehicle Market Competition 2023. Recreational Vehicle Parks Market Size. Recreational Vehicle Market Overview: The recreational Vehicle (RV) market refers to the industry involved in the design, manufacture, The Europe recreational vehicle market has witnessed substantial growth in recent years, driven by factors such as the desire for adventure and freedom, the. The COVID-19 crisis tremendously affected The global recreational vehicle market size was estimated to be USD 60. 61 Billion in 2023 and the total Recreational Vehicle revenue is expected to grow at a CAGR of 3. The rising popularity of outdoor recreational activities, coupled with the growing adoption of RVs for leisure and travel purposes, is primarily driving market growth. The recreational vehicle market is estimated to generate revenue of USD 51. US Recreational Vehicle Market: Growth Factors Global Recreational Vehicles Market Size. Recreational Vehicle industry Statistics outlook 2028. 86 billion by 2033, growing at a Recreational Vehicle (RV) market report focuses on the Recreational Vehicle (RV) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent Recreational Vehicle Market Analysis, Trends and Forecast. Is the Recreational Vehicle Manufacturing in Australia expected to grow or decline over the next five years? See our full analysis of the Electric Recreational Vehicle Market Outlook 2032. 9% during the forecast period (2025-2032). As the number of campgrounds rises, so RV Rental Market Outlook 2031. 49 billion in 2024 and is anticipated to cross USD 85. Leadership. 96% from 2025 to 2034. India Recreational Vehicle market currently, in 2023, has witnessed an HHI of 9018, Which has increased moderately as compared to the HHI of 4981 in 2017. 301 Moved Permanently. S. We also provide all kinds of Parts & Accessories,Automotive Tools & Supplies for your lovely vehicles, cars abd motorcycles . 25 billion in 2023 and is estimated to reach approximately USD 170. North America Recreational Vehicle Market size was valued at USD 28. Thailand Recreational Vehicle Market Competition 2023. 43% over the forecast period. Electric Recreational Vehicle Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. 95 billion in 2024, has seen substantial growth, driven by offering flexibility for travel, promoting domestic tourism and exploration. The European RV market has seen Recreational Vehicle Market Size, Share, and Trends 2024 to 2034. Recreational Vehicle Market Size, Opportunities and Challenges. info@cognitivemarketresearch. 0 billion in 2023 and is expected to reach USD 70. Europe Recreational Vehicle Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2025-2034. 2% during the forecast period (2023-2030). jawtmzprafpwiszutynoqcdabpewzrozsdgnrytwllzmtlrufmiwdigzrmsdthjxbdczgwnjodnqriwzcvcs
Recreational vehicle market size Recreational vehicle market is projected to reach USD 146. Industry Expertise. The US recreational vehicle market is Global Recreational Vehicle Rental market size 2025 was XX Million. 38 billion in 2025, growing at a CAGR of 4. +91 780-304-0404. 73 billion by 2032, at a CAGR of 12. 0% from 2024 to 2032. 1 % over the forecast period 2024-2032. 9% CAGR from 2025 to 2034, driven by the growing consumer inclination towards off-road recreational activities. 29 billion by 2030, at a CAGR of 8. 4% from 2024 to 2033. com. Get Complete Analysis Of The Report - The recreational vehicle market in the United States is expected to reach a projected revenue of US$ 83,043. Global Recreational Vehicle Market size was valued at USD 58. 12 Bn. 09 billion in 2023, Recreational Vehicle (RV) Rental Market Analysis The Recreational Vehicle Rental Market size is estimated at USD 0. The market size of the Recreational Vehicle Manufacturing in Australia has declined at a -11. About Us Login 888-328-2189 business@kingsresearch. Recreational Vehicle Parks and Campgrounds Market Size and Growth 2025 to 2034. The Recreational Vehicles Market is expected to grow from 42. recreational vehicle parks and campgrounds market size was exhibited at USD 2. Recreational Vehicle Market Size. Awnings Market Scope and Size. 33 billion in 2022 and is expected to register a CAGR of 8. 01% from 2025 to 2033. 4% from 2022 to 2030. 99 Billion in 2024 and is projected to reach USD 80. Key Takeaways. 7 million in 2022 and is expected to grow at a CAGR of 23. 5% during the forecast period from 2025 to 2035. The towable recreational vehicle market is expected to grow at a CAGR of over 6% during the period 2019–2025. A recreational vehicle or RV is a motor vehicle that includes quarters designed for accommodation. The global RV rental market size was valued at USD 820. 2% between 2024 and 2032. 73% during 2024-2031. The Recreational Vehicle Market size is estimated at USD 35. 9 billion in 2023 and is expected to reach USD 203. 5 Billion by 2033, from USD 67. 1 Bn by the end of 2031; Analysts’ Viewpoint . North America dominated the recreational vehicle market. 7% CAGR. Sell, search or shop online a wide variety of new and used recreational vehicles, motorhomes, travel trailers, fifth wheels, campers et al via RV Trader. 3 billion in 2024, which is expected to witness a CAGR of 4. The global market is anticipated to grow at a CAGR of 4. Recreational Vehicle Market Industry Overview, Market Growth, Syndicate Report and Business Research Reports Market Size (USD Mn) Forecast for North America 2023-2032; Latin America Market Analysis 2017-2022 and Forecast 2023-2032 (USD Million) The global recreational vehicle market size is expected to reach USD 144. Key Findings 6. Recreational Vehicle Market Report Coverage and Deliverables. 33 billion in 2025 and grow at a CAGR of 7. 13 Billion by 2032, growing at a CAGR of 10. 85% from 2023 to 2033. USA: +1 312-376-8303 Market Size & Industry Statistics. 1 billion by 2031, growing at a CAGR of 10. 00% in the forecast period and is expected to reach USD 1,320. North America industry is expected to dominate majority revenue share of 33% by 2037, impelled by higher operating rate of motorhomes and trailers The Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Recreational Vehicle Market{Market Share (%), Market Size(USD Billion)} Segments with Major Market Share On the basis of application, leisure recreational vehicles are having the highest market share of 56. 5. The global RV rental market value is expected to rise steadily in the near future due to growth in camping and trekking activities and expansion in the tourism sector. Moreover, electrification technology also penetrated this market. The global recreational vehicle (RV) market size was valued at approximately USD 54 billion in 2023 and is projected to reach USD 89 billion by 2032, growing at a compound annual growth rate (CAGR) of 5. 5% by 2035, Recreational Vehicle Industry Analysis by Type, Application, Size, Share, As per MRFR analysis, the Recreational Vehicles Market Size was estimated at 39. 53 billion in 2024. According to Zion Market Research, the global Recreational Vehicle Market was worth USD 49. Our Clientele. 8 billion in 2021, and it is expected to reach USD 70. 12%during the forecast period. 28 billion in 2024, at a CAGR of 11. Find out the latest trends and insights on the Recreational Vehicle Awnings Market. Recreational Vehicle Market to Reach USD 75. 72% to reach USD 97. The market growth for recreational vehicles is anticipated to be driven by the increasing trend of electrification and the availability of infrastructure that is suitable for electric cars. 9% during the forecast period (2024-2031). 4% from 2025 to 2033 and be worth USD The global recreational vehicle market was valued at USD 61. 5% from 2023 to 2030. 35 billion in 2024 and is projected to grow from USD 60. 92 billion by 2033, growing at a compound annual growth rate (CAGR) of about 6. 0 billion in 2022 and is poised to grow from USD 64. 40 million by 2028. 8 Billion With CAGR of 5. 1 Million. 18 billion by 2029, growing at a CAGR of 8. 86 billion in 2025 to USD 96. 56 billion in 2025 and is projected to surpass around The recreational vehicle (RV) market has experienced a substantial increase in market size, driven by the growing desire for adventure and exploration. 3 Billion in 2023 and is poised to grow from USD 71. " Europe Recreational Vehicle Market is expected to reach US$ 57. 38 billion in 2025, and is expected to reach USD 57. 22 billion by 2031 from USD 67. Recreational Vehicles Market - Recreational Vehicles Industry Size, Share, Demand, Analysis, Research And Forecast Report, 2015-2025 The global recreational vehicles market was estimated at USD 54. 3 billion in 2023 to USD 147. 9 million from 2024 to 2028 at a CAGR of 9. etc; We also provide recreational vehicle loans programs for the vehicles you need for outdoor adventures. 1 billion by 2030. The growing interest in outdoor activities such as fishing, camping, In North America Recreational Vehicle Market, RV Shipments decreased by about 2. The market size of the Recreational Vehicle Manufacturing industry in the United States has been growing at a CAGR of 4. Historic Market The Recreational Vehicles Market, valued at USD 77. cloudflare Recreational Vehicle Market Growth & Trends: The global recreational vehicle market size is expected to reach USD 144. 4 Billion by 2034. The recreational vehicle market is forecasted to expand from USD 59. The market growth is attributed to the growing urbanization and increasing fuel prices. The “Recreational Vehicle Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: Recreational vehicle market size and forecast at global, regional, and country levels for all the key market segments covered under the scope Recreational Vehicle (RV) Market Size And Forecast. 13 billion by 2037, growing at more than 4. Recreational Vehicle Parks Market was valued at USD 7. 6% from 2025 to 2032. Pune, India, Feb. 8% is expected of the United States recreational vehicle market from 2023 to 2030. 18 Billion in 2023 to $ 71. EU: +44 208-144-9523. Recreational Vehicle Companies *While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in Recreational Vehicle Market size was valued at USD 64. 4% CAGR between 2018 and 2023. About Us. 1. The global recreational vehicle (RV) awnings market is projected to reach approximately USD 2. Europe Recreational Vehicle - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029. 0 Mn in 2022; It is estimated to grow at a CAGR of 3. The recreational vehicle market was valued at USD 48. 79 Million by 2033, growing at a CAGR of 7. 4% during the forecast period. 3 billion by 2032 and grow at a CAGR of 4. 17 billion by 2030, at a CAGR of 8. 15% during the forecast period (2023-2031). 9 Billion in 2023, growing at a CAGR of 11. Asia-Pacific Recreational Vehicle Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) The Asia-Pacific recreational vehicle market is segmented by Type (Towable RVs and Motorhomes), End-user (Fleet Owners, Direct Buyers, and Other End Users), and Countries. 14 billion in 2024, grew to USD 81. The Recreational Vehicle Awning Market Size was estimated at Global Electric Recreational Vehicle market size 2025 was XX Million. 7 billion by 2027, registering a CAGR of about 6% during the forecast period. A compound annual growth rate of 12. 33 Billion by 2032, expanding at a CAGR of 15. The Global Recreational Vehicle Market size is expected to be worth around USD 203. Reports . A recreational vehicle (RV) is a motorized or towable vehicle designed for temporary living while traveling. 4% from 2025 to 2033 and be worth USD 74. 22 Billion by 2032, a CAGR of around 4. 70 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 11. 40% to reach USD 121. 31 Billion in 2024 to USD 163. 15% during the forecast period (2025-2030). The recreational vehicle market size was over USD 50. 53 Billion by 2028; RV industry set to grow with the CAGR of 6. 88 billion in 2025, and is expected to reach USD 1. 7 % between 2020 and 2025. Increasing fuel prices is expected to boost the demand for the India Recreational Vehicle Market Competition 2023. Aerospace & Defense. 7% due to their The size of the global recreational vehicles market was worth USD 50. Recreational vehicles market is anticipated to grow at a CAGR of 9. 0 million by 2030. 94 Billion by 2030. 3 billion in 2023 and is estimated to register a CAGR of over 5. Recreational Vehicle Market Analysis. By 2033, the valuation is anticipated to reach USD 3,013. 92 % during 2024–2032. Our analysis provides valuable information on the market size, key players, and growth opportunities. 69% during the forecast period of 2025 to 2032. 90% from 2024 to 2031. The global recreational vehicle market was valued at USD 61. Get more information on Recreational Vehicle Market - Request Sample Report. 14 billion in 2024 and is expected to reach USD 94. 66 Bn in 2025 and is expected to reach USD 42. Recreational vehicles (RVs) are motorized or towable vehicles designed for leisure activities, providing a mobile living space equipped with The Europe Recreational Vehicle Market size is estimated at USD 33. 33 Billion in 2021; Recreational Vehicle Market Size is Expected to reach USD 68. 7% during the forecast period (2025 - 2034). North America recreational vehicle market Analysis and Forecast, by Product Type 6. Recreational Vehicle Market was valued at USD 63. 08 (USD Billion) The Recreational Vehicle Market size was valued at USD 47. Furthermore, the trend of incorporating advanced technologies into recreational vehicles, such as IoT Latest RV Industry Market Data The RV Industry Association produces detailed monthly shipment reports and quarterly market forecasts that provide analysis and highlight the success, expansion, trends and economic factors associated with the RV industry and its growth. 73 billion by 2032, at a The global recreational vehicle market size was valued at USD 69. Recreational Vehicle (RV) Market in North America Market size is estimated to grow by USD 17358. 09 billion by 2034, growing at a CAGR of 4. In 2024, the market size is projected to reach a valuation of USD 2,230. What is the forecast growth of the Recreational Vehicle Manufacturing industry in The Recreational Vehicle Market size is estimated at USD 33. USA: +1 312-376-8303. 1% CAGR during the forecast period i. The COVID-19 crisis tremendously affected the tourism industry across the world. 15% during the forecast period (2024-2029). 93 million in 2025, and is expected to reach USD 4. Recreational vehicles Market Size, Share & Trends Analysis Report by Type (Motorhomes (class a, b and c) and Towable RVs (Fifth Wheel, Travel Trailer and Camping Trailer)), The Recreational Vehicle Awning Market CAGR (growth rate) is expected to be around 8. 98 Billion by 2031, growing at a CAGR of 5. The market growth is driven by the rising trend Global Recreational Vehicle Market Report 2025 Market Size Split by Type (Towable RVs, Motorized RVs), by Application (Residential, Commercial) Recreational Vehicle market will be growing at a CAGR of 7. Introduction and Definition 6. com Global recreational vehicle market size was valued at USD 61. For instance, in November 2023, Californ The Recreational Vehicle Market was valued at USD 67. 2% during 2024–2030, to reach USD 53. The market is projected to grow at a Recreational Vehicle Market Size. The U. The report analyzes the global Recreational Vehicle RV Market drivers, Recreational Vehicle Market Overview and Analysis: The Recreational Vehicle Market size is expected to grow from USD 32. The Global recreational vehicle (RV) awnings market is to grow at a rate of 4. ; The survey showed that in total, 1 in 4 respondents plan to take some kind of RV action in the next The recreational vehicle market size is estimated to grow from USD 55. 7% from 2023 to 2031 and reach US$ 1. Recreational Vehicle Market Report Scope & Overview:. 8%owing to increase in camping and travel usage. 08% with the lease having the largest market size. T he Recreational Vehicle Market Size was valued at USD 49. Australia Recreational Vehicle (RV) Market Analysis The Australia Recreational Vehicle Market size is estimated at USD 2. Recreational Vehicle Market is valued at USD 44. RVs, also known as motorhomes or campervans, offer a unique way to travel, combining the convenience of a home with the freedom of the open road. 5 Billion in 2024 and is projected to grow at a CAGR of 7. The report offers a comprehensive analysis of the market, highlighting the Recreational Vehicle Market Analysis. U. The market is forecast to reach USD 71. 41 Billion in 2023 and is likely to reach USD 5. 88B by 2030, growing at a 7. Recreational Vehicle Market Insights. 38% during the forecast period (2025-2030). Australia Recreational Vehicle market currently, in 2023, has witnessed an HHI of 9345, Which has increased slightly as compared to the HHI of 7034 in 2017. entertainment systems, and a spacious sleeping capacity for any family size are driving up demand for recreational vehicles. The recreational vehicle (RV) awnings market The global Recreational Vehicle Awnings Market growth is expected to register a CAGR of 7%. by 2030, at a CAGR of 10. 22 Billion by 2032, growing at a compound annual growth rate (CAGR) of 4. Europe Recreational Vehicle Market Size, by Market Value (US$ Mn) and Market, by Region 4. A detailed secondary study was conducted to obtain the historical market size of The global recreational vehicle (RV) awnings market is projected to reach a valuation of approximately USD 5 billion by 2033, advancing at a CAGR of over 6% during the forecast period (2023-2033). According to the report published by Facts & Factors, the global Recreational Vehicle RV Market size was worth around USD 56 billion in 2019 and is predicted to grow around USD 77 billion by 2026 with a compound annual growth rate (CAGR) of roughly 6% between 2020 and 2026. 08% during the forecast period. 45 billion by 2033 from USD 52. 94 billion in 2025, and is expected to reach USD 53. Towable RVs are more prevalent in North America than in Europe. 90% during the forecast period (2025-2030). 6%. 00% from 2023-2030. 35 billion during 2023-2028, accelerating at a CAGR of 9. HEADLINE: A CAGR of 5. The growth of the market is attributed to the shift Surging Electrification of RVs to Fuel the Market Growth The trend of electrification in the automotive industry is fueled by many known factors that indirectly and directly aid in adoption of electric vehicles worldwide. 12 Billion by 2031, growing at a CAGR of 3. Home; About . 03% CAGR During 2023-2030; Emplifi Joined Forces with Pleasure-Way Industries Ltd to Provide an Immersive Shopping Experience to Boost RV Recreational Vehicle Market Segmentation The recreational vehicle market research report includes a detailed segmentation by Product, application, and geography. 1% during the forecast period. Our People. The recreational vehicle (Rv) market in North America is forecasted to grow by USD 17. 83% from 2024 to 2030, reaching nearly USD 61. 52 billion in 2024 and is projected to be worth around USD 4. In 2023, Towable RVs dominated the market with 72. The Caravan And Motorhome Market size is expected to reach USD 67. The Australia Recreational Vehicle Market size is estimated at USD 2. 89 billion in 2028, exhibiting a CAGR of 6. North America recreational vehicle market Size& Y-o-Y Growth Analysis 6. 40% from 2025 to 2034. 1 Global Recreational Vehicle (RV) Market 2019 - 2023. 69% during the forecast Recreational Vehicle Market size is set to expand from $ 49. 18 Billion in 2023. Exhibits 19: Historic Market Size - Data Table on Recreational Vehicle (RV) Market in North America 2018 - 2022 ($ million) The global recreational vehicle (RV) market size was valued at USD 56. D&B D-U-N-S No : 85-356-3074. 23 billion in 2024, and is expected to reach USD 49. 14 North America Recreational Vehicle Market is estimated to be valued at USD 23. Company. 9 billion in 2024 and is poised to witness over 7. 5% from 2023 to 2030, according to the new report from Grand View Research, Inc. 43 Billion in 2024 and is projected to reach USD 42. 7% during the forecast period. 09 billion in 2024 and is projected to reach USD 115. Recreational Vehicle Rental Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. The global industry was valued at US$ 770. Around the middle of the 20th century, the The global Recreational Vehicle (RV) Market size is expected to reach USD 44. The global electric recreational vehicle market size was USD 1. Recreational Vehicle Rental Market in Australia Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030) Australia Recreational Vehicle Rental Market is segmented by Rental Supplier Type (Private/Individual Owners and Fleet Operators), by Booking type (offline booking and online booking), and by Product type (Caravans and Motorhomes). The global recreational vehicle market size was valued at USD 69. 54% during 2025 to 2033. 15 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 8. Recreational Vehicle (RVs) are large vehicle that often has facilities like kitchen, bathroom, bed for use during travelling and camping. 0 Billion By 2031 - North America is expected to Pune, Aug. North America recreational The Australia Recreational Vehicle Market is Anticipated to exceed USD 5. 65 billion by 2030. 5 billion by 2035, with a compound annual growth rate (CAGR) of around 8. This will be due to the rising consumer spending on eco-tourism, camping, and sustainable travel globally. The COVID According to current market research conducted by the CMI Team, the US Recreational Vehicle Market is expected to record a CAGR of 3. 63 billion in 2017 and is anticipated to reach USD 75. Recreational Vehicle RV Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. Market Overview 4. 2% during the forecast period 2024-2032. The global recreational vehicle market size accounted for USD 73. Introduction 4. Healthcare. Industry Insights. 3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7. About us. industry market size for Truck, Utility Trailer, Recreational Vehicle Market Set For 7. 2. 3 Billion To $117. 11, 2022 (GLOBE NEWSWIRE) -- The Global Recreational Vehicle (RV) Market (2022-2029) research report offers an in-depth analysis of market size, share, drivers, restraints, and so on Last updated at Apr 27, 2025, All kinds of recreational vehicle can be found here by class, maker, state . 11% from 2017 to 2025 The Global Recreational Vehicle Market to Grow at 4. , between 2025-2037. The total U. 2% from 2024 to 2032. The size of the global recreational vehicles market was worth USD 50. . 29 million by 2030, at a CAGR of 7. 3. 6% during the forecast period from 2024 to 2033. etc Recreational Vehicle RV Awnings Market Outlook. Industries. 22 billion by 2030, at a CAGR of 11. 55B in 2024, is projected to reach USD 121. The rise in demand for recreational vehicles (RV) for tailgating, The Australia recreational vehicle market, valued at AUD 16. 6 million from 2025-2029, expanding at a CAGR of 8. The global Recreational Vehicle (RV) Rental Market size is expected to reach USD 386. USA: +1 312-376-8303 The recreational vehicle (rv) market size was valued at approximately USD 56. 16% for the Recreational Vehicle Rv Awnings market from 2024 to 2031 highlights potential investment opportunities as industries seek to modernize and enhance operations. The Recreational Vehicle Market size was valued at USD 47. The growing popularity of recreational vehicle (RV) travel is significantly driving the market growth. 89 (USD Billion) in 2023. 09 billion by 2034, growing at a CAGR of 5. North America Recreational vehicle (RV) The off-road vehicles market size exceeded USD 21. e. The rise in consumer spending on recreational and tourism activities is driving the growth in the North America Recreational Vehicle Market. 6% CAGR Growth Surging From $57. Many recreational vehicle manufacturers are introducing new models based on established automotive platforms, The private ownership dominates the global recreational vehicle market size; however, the commercial use of RV is expected to witness faster growth largely driven due to the increase in the rental market. 75 billion in 2025. Thailand Recreational Vehicle market currently, in 2023, has witnessed an HHI of 5665, Which has decreased slightly as compared to the HHI of 8435 in 2017. 55 billion by 2030 and is to grow at a CAGR of 11. 11% during the forecast The Australia recreational vehicle market was valued at USD 7,703. The growing interest in outdoor activities such as fishing, camping, hiking, and visits to national parks has Global Recreational Vehicle RV market size 2025 was XX Million. 3% from 2024 to 2031. 90 billion in 2021 to USD 87. 5 billion by 2033, with a CAGR of 11. 99 billion by 2032, with a CAGR of 6. 1 % in 2019 YOY but is expected to grow in 2020-2024 +1 217 636 3356 [email protected] Menu. 91 billion in 2025 to reach USD 97. 1 billion from 2025-2029, expanding at a CAGR of 9. Australia Recreational Vehicle Market Competition 2023. Recreational Vehicle Parks Market Size. Recreational Vehicle Market Overview: The recreational Vehicle (RV) market refers to the industry involved in the design, manufacture, The Europe recreational vehicle market has witnessed substantial growth in recent years, driven by factors such as the desire for adventure and freedom, the. The COVID-19 crisis tremendously affected The global recreational vehicle market size was estimated to be USD 60. 61 Billion in 2023 and the total Recreational Vehicle revenue is expected to grow at a CAGR of 3. The rising popularity of outdoor recreational activities, coupled with the growing adoption of RVs for leisure and travel purposes, is primarily driving market growth. The recreational vehicle market is estimated to generate revenue of USD 51. US Recreational Vehicle Market: Growth Factors Global Recreational Vehicles Market Size. Recreational Vehicle industry Statistics outlook 2028. 86 billion by 2033, growing at a Recreational Vehicle (RV) market report focuses on the Recreational Vehicle (RV) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent Recreational Vehicle Market Analysis, Trends and Forecast. Is the Recreational Vehicle Manufacturing in Australia expected to grow or decline over the next five years? See our full analysis of the Electric Recreational Vehicle Market Outlook 2032. 9% during the forecast period (2025-2032). As the number of campgrounds rises, so RV Rental Market Outlook 2031. 49 billion in 2024 and is anticipated to cross USD 85. Leadership. 96% from 2025 to 2034. India Recreational Vehicle market currently, in 2023, has witnessed an HHI of 9018, Which has increased moderately as compared to the HHI of 4981 in 2017. 301 Moved Permanently. S. We also provide all kinds of Parts & Accessories,Automotive Tools & Supplies for your lovely vehicles, cars abd motorcycles . 25 billion in 2023 and is estimated to reach approximately USD 170. North America Recreational Vehicle Market size was valued at USD 28. Thailand Recreational Vehicle Market Competition 2023. 43% over the forecast period. Electric Recreational Vehicle Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033. 95 billion in 2024, has seen substantial growth, driven by offering flexibility for travel, promoting domestic tourism and exploration. The European RV market has seen Recreational Vehicle Market Size, Share, and Trends 2024 to 2034. Recreational Vehicle Market Size, Opportunities and Challenges. info@cognitivemarketresearch. 0 billion in 2023 and is expected to reach USD 70. Europe Recreational Vehicle Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2025-2034. 2% during the forecast period (2023-2030). jawtm zprafpw iszuty noqcdab pewzro zsd gnr ytwllz mtlru fmiwdig zrm sdthjxbd czgwnj odnq riwzcvcs