Europe Recreational Vehicle Market in Pune, St. George, Antigua & Barbuda

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Post Date Aug 29, 2019
Expiry Date Nov 27, 2019

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Europe Recreational Vehicle Market was valued US$ 5.30 Bn in 2017 and is expected to reach US $ 8.80 Bn by 2026, at a CAGR of 6.05% during a forecast period.
The Europe recreational vehicle market is segmented on the basis of product type, application, fuel and geography. Based on product type, Europe recreational vehicle market divided into motorhomes, toy haulers, fifth wheels, destination trailers, and camping trailers. Based on the end user, Europe recreational vehicle market is classified into construction industry, logistics and transportation, government bodies, agriculture and others. By region, the Europe recreational vehicle market is classified into Germany, U.K., France, Italy, Spain and Rest of Europe.
Technological advancements such as fuel economy and effortlessness of handling, coupled with the presence of a growing selection of entertainment and luxury preferences are boosting the growth in the Europe recreational vehicle market. The high cost associated with the acquisition and maintaining of the recreational vehicles are hampering the growth in the recreational vehicle market.
Europe Recreational Vehicle Market

Motorhomes segment is projected to reach at significant growth rate in recreational vehicles market share in the Europe recreational vehicle market owing to it offers benefits such as enhanced interior space with services comprising beds, kitchen, sink, and bathroom. Manufacturers are focusing to provide it at lower interest rates along with cooler piloting and camping capabilities such as electric jacks and hooks supports the product proliferation.
Based on geography, Germany dominated the Europe recreational vehicles market nearly about 30 % of total market share and expected to generate major stream of market share during the forecast period owing to presence of huge manufacturing base and substantial adoption of recreational vehicles. In 2017, the German leisure-vehicle sector stroke a new record of sales of 63,264 newly registered motor caravans at 15 percent rise over the preceding year.

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