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Motorhome Market in North America 2024-2028

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    Report

  • 130 Pages
  • July 2024
  • Region: North America
  • TechNavio
  • ID: 5892851
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The motorhome market in North America is forecasted to grow by USD 4.50 billion during 2022-2027, accelerating at a CAGR of 7.81% during the forecast period. The report on the motorhome market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of RVs by different generations of consumers, integration of advanced technologies into caravan and motorhomes, and growth in global tourism.

The motorhome market in North America is segmented as below:

By Application

  • Leisure activity
  • Business activity

By End-user

  • Direct buyer
  • Fleet owner
This study identifies the expansion and upgrades in product lines as one of the prime reasons driving the motorhome market in North America growth during the next few years. Also, launch of new electric RVs and increasing mergers and acquisitions, collaborations, and partnerships by market vendors will lead to sizable demand in the market.

The report on the motorhome market in North America covers the following areas:

  • Motorhome market in North America sizing
  • Motorhome market in North America forecast
  • Motorhome market in North America industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading motorhome market in North America vendors that include Berkshire Hathaway Inc., Entegra Coach Inc., GMC Motorhomes International, Gulf Stream Coach Inc., Nexus RV, Pleasure Way Industries Ltd, REV Group Inc., Thor Industries Inc., Triple E Canada Ltd., and Winnebago Industries Inc. Also, the motorhome market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market By Geographical Landscape
  • Executive Summary - Chart on Market Segmentation by Application
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Incremental Growth
  • Executive Summary - Data Table on Incremental Growth
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on North America - Market size and forecast 2023-2028 ($ million)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ million)
  • Chart on North America: Year-over-year growth 2023-2028 (%)
  • Data Table on Regional - Market size and forecast 2023-2028 ($ million)
4 Historic Market Size
4.1 Motorhome Market in North America 2018 - 2022
  • Historic Market Size - Data Table on Motorhome Market in North America 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
  • Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
  • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
  • Chart on Application - Market share 2023-2028 (%)
  • Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
  • Chart on Comparison by Application
  • Data Table on Comparison by Application
6.3 Leisure activity - Market size and forecast 2023-2028
  • Chart on Leisure activity - Market size and forecast 2023-2028 ($ million)
  • Data Table on Leisure activity - Market size and forecast 2023-2028 ($ million)
  • Chart on Leisure activity - Year-over-year growth 2023-2028 (%)
  • Data Table on Leisure activity - Year-over-year growth 2023-2028 (%)
6.4 Business activity - Market size and forecast 2023-2028
  • Chart on Business activity - Market size and forecast 2023-2028 ($ million)
  • Data Table on Business activity - Market size and forecast 2023-2028 ($ million)
  • Chart on Business activity - Year-over-year growth 2023-2028 (%)
  • Data Table on Business activity - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
  • Market opportunity by Application ($ million)
  • Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by End-user
7.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
7.3 Direct buyer - Market size and forecast 2023-2028
  • Chart on Direct buyer - Market size and forecast 2023-2028 ($ million)
  • Data Table on Direct buyer - Market size and forecast 2023-2028 ($ million)
  • Chart on Direct buyer - Year-over-year growth 2023-2028 (%)
  • Data Table on Direct buyer - Year-over-year growth 2023-2028 (%)
7.4 Fleet owner - Market size and forecast 2023-2028
  • Chart on Fleet owner - Market size and forecast 2023-2028 ($ million)
  • Data Table on Fleet owner - Market size and forecast 2023-2028 ($ million)
  • Chart on Fleet owner - Year-over-year growth 2023-2028 (%)
  • Data Table on Fleet owner - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Chart on Market share By Geographical Landscape - 2023-2028 (%)
  • Data Table on Market share By Geographical Landscape - 2023-2028 (%)
9.2 Geographic comparison
  • Chart on Geographic comparison
  • Data Table on Geographic comparison
9.3 US - Market size and forecast 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ million)
  • Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Chart on US - Year-over-year growth 2023-2028 (%)
  • Data Table on US - Year-over-year growth 2023-2028 (%)
9.4 Canada - Market size and forecast 2023-2028
  • Chart on Canada - Market size and forecast 2023-2028 ($ million)
  • Data Table on Canada - Market size and forecast 2023-2028 ($ million)
  • Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.5 Mexico - Market size and forecast 2023-2028
  • Chart on Mexico - Market size and forecast 2023-2028 ($ million)
  • Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
  • Chart on Mexico - Year-over-year growth 2023-2028 (%)
  • Data Table on Mexico - Year-over-year growth 2023-2028 (%)
9.6 Market opportunity By Geographical Landscape
  • Market opportunity By Geographical Landscape ($ million)
  • Data Table on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
  • Overview on factors of disruption
11.4 Industry risks
  • Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
  • Companies covered
12.2 Market positioning of companies
  • Matrix on companies position and classification
12.3 Berkshire Hathaway Inc.
  • Berkshire Hathaway Inc. - Overview
  • Berkshire Hathaway Inc. - Business segments
  • Berkshire Hathaway Inc. - Key news
  • Berkshire Hathaway Inc. - Key offerings
  • Berkshire Hathaway Inc. - Segment focus
12.4 Entegra Coach Inc.
  • Entegra Coach Inc. - Overview
  • Entegra Coach Inc. - Product / Service
  • Entegra Coach Inc. - Key offerings
12.5 GMC Motorhomes International
  • GMC Motorhomes International - Overview
  • GMC Motorhomes International - Product / Service
  • GMC Motorhomes International - Key offerings
12.6 Gulf Stream Coach Inc.
  • Gulf Stream Coach Inc. - Overview
  • Gulf Stream Coach Inc. - Product / Service
  • Gulf Stream Coach Inc. - Key offerings
12.7 Nexus RV
  • Nexus RV - Overview
  • Nexus RV - Product / Service
  • Nexus RV - Key offerings
12.8 Pleasure Way Industries Ltd
  • Pleasure Way Industries Ltd - Overview
  • Pleasure Way Industries Ltd - Product / Service
  • Pleasure Way Industries Ltd - Key offerings
12.9 REV Group Inc.
  • REV Group Inc. - Overview
  • REV Group Inc. - Business segments
  • REV Group Inc. - Key offerings
  • REV Group Inc. - Segment focus
12.10 Thor Industries Inc.
  • Thor Industries Inc. - Overview
  • Thor Industries Inc. - Business segments
  • Thor Industries Inc. - Key offerings
  • Thor Industries Inc. - Segment focus
12.11 Triple E Canada Ltd.
  • Triple E Canada Ltd. - Overview
  • Triple E Canada Ltd. - Product / Service
  • Triple E Canada Ltd. - Key offerings
12.12 Winnebago Industries Inc.
  • Winnebago Industries Inc. - Overview
  • Winnebago Industries Inc. - Business segments
  • Winnebago Industries Inc. - Key offerings
  • Winnebago Industries Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
13.3 Currency conversion rates for US$
  • Currency conversion rates for US$
13.4 Research methodology
  • Research methodology
13.5 Data procurement
  • Information sources
13.6 Data validation
  • Data validation
13.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
13.8 Data synthesis
  • Data synthesis
13.9 360 degree market analysis
  • 360 degree market analysis
13.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on North America: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibits 20: Historic Market Size - Data Table on Motorhome Market in North America 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Application - Market share 2023-2028 (%)
Exhibits 32: Data Table on Application - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Application
Exhibits 34: Data Table on Comparison by Application
Exhibits 35: Chart on Leisure activity - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Leisure activity - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Leisure activity - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Leisure activity - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Business activity - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Business activity - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Business activity - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Business activity - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Application ($ million)
Exhibits 44: Data Table on Market opportunity by Application ($ million)
Exhibits 45: Chart on End-user - Market share 2023-2028 (%)
Exhibits 46: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by End-user
Exhibits 48: Data Table on Comparison by End-user
Exhibits 49: Chart on Direct buyer - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Direct buyer - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Direct buyer - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Direct buyer - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Fleet owner - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Fleet owner - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Fleet owner - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Fleet owner - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by End-user ($ million)
Exhibits 58: Data Table on Market opportunity by End-user ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Chart on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 61: Data Table on Market share By Geographical Landscape - 2023-2028 (%)
Exhibits 62: Chart on Geographic comparison
Exhibits 63: Data Table on Geographic comparison
Exhibits 64: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 65: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 68: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 69: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 72: Chart on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 73: Data Table on Mexico - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Chart on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 75: Data Table on Mexico - Year-over-year growth 2023-2028 (%)
Exhibits 76: Market opportunity By Geographical Landscape ($ million)
Exhibits 77: Data Table on Market opportunity By Geographical Landscape ($ million)
Exhibits 78: Impact of drivers and challenges in 2023 and 2028
Exhibits 79: Overview on criticality of inputs and factors of differentiation
Exhibits 80: Overview on factors of disruption
Exhibits 81: Impact of key risks on business
Exhibits 82: Companies covered
Exhibits 83: Matrix on companies position and classification
Exhibits 84: Berkshire Hathaway Inc. - Overview
Exhibits 85: Berkshire Hathaway Inc. - Business segments
Exhibits 86: Berkshire Hathaway Inc. - Key news
Exhibits 87: Berkshire Hathaway Inc. - Key offerings
Exhibits 88: Berkshire Hathaway Inc. - Segment focus
Exhibits 89: Entegra Coach Inc. - Overview
Exhibits 90: Entegra Coach Inc. - Product / Service
Exhibits 91: Entegra Coach Inc. - Key offerings
Exhibits 92: GMC Motorhomes International - Overview
Exhibits 93: GMC Motorhomes International - Product / Service
Exhibits 94: GMC Motorhomes International - Key offerings
Exhibits 95: Gulf Stream Coach Inc. - Overview
Exhibits 96: Gulf Stream Coach Inc. - Product / Service
Exhibits 97: Gulf Stream Coach Inc. - Key offerings
Exhibits 98: Nexus RV - Overview
Exhibits 99: Nexus RV - Product / Service
Exhibits 100: Nexus RV - Key offerings
Exhibits 101: Pleasure Way Industries Ltd - Overview
Exhibits 102: Pleasure Way Industries Ltd - Product / Service
Exhibits 103: Pleasure Way Industries Ltd - Key offerings
Exhibits 104: REV Group Inc. - Overview
Exhibits 105: REV Group Inc. - Business segments
Exhibits 106: REV Group Inc. - Key offerings
Exhibits 107: REV Group Inc. - Segment focus
Exhibits 108: Thor Industries Inc. - Overview
Exhibits 109: Thor Industries Inc. - Business segments
Exhibits 110: Thor Industries Inc. - Key offerings
Exhibits 111: Thor Industries Inc. - Segment focus
Exhibits 112: Triple E Canada Ltd. - Overview
Exhibits 113: Triple E Canada Ltd. - Product / Service
Exhibits 114: Triple E Canada Ltd. - Key offerings
Exhibits 115: Winnebago Industries Inc. - Overview
Exhibits 116: Winnebago Industries Inc. - Business segments
Exhibits 117: Winnebago Industries Inc. - Key offerings
Exhibits 118: Winnebago Industries Inc. - Segment focus
Exhibits 119: Inclusions checklist
Exhibits 120: Exclusions checklist
Exhibits 121: Currency conversion rates for US$
Exhibits 122: Research methodology
Exhibits 123: Information sources
Exhibits 124: Data validation
Exhibits 125: Validation techniques employed for market sizing
Exhibits 126: Data synthesis
Exhibits 127: 360 degree market analysis
Exhibits 128: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the motorhome market in North America: Berkshire Hathaway Inc., Entegra Coach Inc., GMC Motorhomes International, Gulf Stream Coach Inc., Nexus RV, Pleasure Way Industries Ltd, REV Group Inc., Thor Industries Inc., Triple E Canada Ltd., and Winnebago Industries Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is expansion and upgrades in product lines."

According to the report, one of the major drivers for this market is the increasing adoption of RVs by different generations of consumers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Berkshire Hathaway Inc.
  • Entegra Coach Inc.
  • GMC Motorhomes International
  • Gulf Stream Coach Inc.
  • Nexus RV
  • Pleasure Way Industries Ltd
  • REV Group Inc.
  • Thor Industries Inc.
  • Triple E Canada Ltd.
  • Winnebago Industries Inc.