Motorhome Market Analysis

Motorhome Market Analysis 

The diesel motorhomes segment is set to account for 25% of the market share by 2032, due to the enhanced fuel efficiency and high engine torque and power. Compared to gas-powered motorhomes, diesel counterparts have higher energy density and combustion pressure. These vehicles also have more living space due to the absence of bulky engines. These attributes will enable such motorhomes to emerge as a viable solution for use in remote tourist destinations that lack quality accommodation and in turn, strengthen the motorhome market statistics.
 

The industry size from the standard priced motorhomes is poised to attain 3% gains through 2032, given the increasing preference for affordable travel to remote destinations. With the rising disposable income, the acceptance of standard motorhomes for family travel is likely to surge. The improvements in living standards and rapid road infrastructure expansion, will accelerate product usage.
 

The B2B/fleet owner end-use sector is said to hold over 10% share of the motorhome market by 2032, credited to the extensive availability of motorhomes for rental services. Rental facilities offer a variety of camping vehicles and can ensure minimal maintenance needs, encouraging customers to opt for these services for family vacations. Fleet owners have been focusing on manufacturing modern and feature-rich motorhomes, thereby garnering market demand among B2B and fleet owners.
 

The North American motorhome market revenue valued at USD 9 billion in 2022, as a result of the escalating investment in camping vehicles such as luxury motorhomes, as well as the rapid recovery of the regional travel sector. The steady revival of the travel industry and the rising disposable income will promote tourism and consequently enhance the use of motorhomes in small and large recreational camping grounds across the region.