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Motorhome Market Size

Report ID: GMI5422
Published Date: Dec 2024
Report Format: PDF

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Motorhome Market Size

The global motorhome market size was valued at USD 38.8 billion in 2024 and is estimated to register a CAGR of 4% between 2025 and 2034. The high inclination toward a comfortable & safe driving experience and the shifting consumer preference for technologically advanced motorhome are creating robust growth opportunities in Europe. Motorhome are witnessing several technological advancements to increase efficiency and reduce the overall vehicle weight to lower carbon emissions. Manufacturers are also introducing innovative features into their product portfolios to differentiate their line-ups.

Motorhome Market

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The availability of multiple variants with different engines including electric, diesel, and gasoline will further expand market penetration over the projected timeframe. For instance, in August 2023, Winnebago partnered with Ricardo, a strategic and engineering consulting company, for the development and launch of Winnebago eRV2, an all-electric, zero-emission recreational vehicle. Winnebago partnered with Ricardo for its proven track record in diverse product development cycles, launch management, and expertise in EV integration.

Motorhome Market Report Attributes
Report Attribute	Details
Base Year:	2024
Motorhome Market Size in 2024:	USD 38.8 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	4%
2025 – 2034 Value Projection:	USD 58.2 Billion
Historical Data for:	2021 – 2024
No. of Pages:	160
Tables, Charts & Figures:	200
Segments covered:	Class, Price, End-use, Fuel
Growth Drivers:	Rapid expansion of tourism industry in Asia Pacific Growing demand for comfortable travel and accommodation Increasing adoption of electric-powered Motorhome Rising emphasis on leisure activities in motorhome parks and campgrounds Emergence of several RV rental companies in Latin America Growing adoption of automotive digitization and smart-home solutions
Pitfalls & Challenges:	High initial investment and maintenance cost of motorhome

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The advent of innovative infotainment systems with enhanced navigation capabilities and support for Android Auto and Apple CarPlay is positively influencing the motorhome industry growth. For instance, in April 2023, Ford introduced its Co-Pilot360 technology in RV, which executes all the driver assist features that make driving comfortable & easy. The turn-by-turn voice-guided navigation features guide drivers to easily travel to places, with Bluetooth calling easing the driving experience with enhanced safety and without causing fatigue to the driver.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of motorhome reached USD 38.8 billion in 2024 and is set to grow at a 4% CAGR from 2025 to 2034, driven by increasing consumer preference for comfortable and technologically advanced vehicles.

The B2C/individual segment accounted for 85% of the market share in 2024, led by the growing popularity of recreational vehicles (RVs) for leisure travel, camping, and road trips.

The Europe market accounted for 55% of the revenue share in 2024, supported by a strong RV manufacturing industry, extensive camping facilities, and a cultural preference for outdoor travel.

The key players in the industry include Thor, TRIGANO, Knaus, Swift, Kabe AB, Bailey of Bristol, Auto-Sleepers, Burstner, Compass, and Dethleffs.