Campervan (Camper Van) Market Scope
Camper Van are related to automobiles industries where, the van are used for tourism, vacation, official business meetings and others. Camper Van market is expected to mark significant growth over forecasted period owing to increasing consumers spending on automotive concept-to-production transitions, providing infotainment with touch and voice control and available driver-assistance technologies like active brake assist, distronic active distance assist and active lane keeping. This result in rising popularity of favorite adventure sports platforms and escalating need for pedestal equipment’s in camper van may trigger demand and help in industry expansion.
The market study is being classified by Type (Product Type Segmentation, Fixed roof (FR) and Rising roof (RR)), by Application (For leisure activities and For business travelers) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Campervan (Camper Van) market throughout the predicted period.
Thor Industries (United States), Winnebago Industries (United States), Berkshire Hathaway (United States), Coachmen (United States), Advanced RV (United States), Entegra Coach (United States), Forest River (United States), Tiffin Motorhomes Inc. (United States), Auto-Trail (United Kingdom) and Chausson (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Fleetwood (United States), Hobby (Australia), Hymer (Germany), Mobilvetta (Italy) and Dethleffs (United Kingdom).
AdvanceMarketAnalytics has segmented the market of Global Campervan (Camper Van) market by Type, Application and Region.
On the basis of geography, the market of Campervan (Camper Van) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by , the sub-segment i.e. will boost the Campervan (Camper Van) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In April 2019, Thor Industries acquired the Erwin Hymer Group. This acquisition is beneficial in providing two driver cab seats swivel and feature a retractable table for eating. It also offers compact kitchen boasts the essentials with a sink, dual-burner stove, microwave and fridge.
In April 2018, Adria 2020 launched a new light weight vans which is beneficial in providing very spacious area for washing and drying privately away from the rest of the caravan. It also offers U-shaped lounge a lot better for socializing and hosting.
- Increase demand of Camper Van in Europe region
- Value Oriented Customers
- Increase Number of Business Meeting and Leisure Activities Boost the Camper Van Market.
- Rapid Demand of Food on Wheels Fuelled up the Camper Van Market.
- Proliferation of Tourism Activities Leads to Grow the Camper Van Market.
- Upsurge Demand for Easy Parking is expected to Rise the Market
- Less Comfort and Living Space Hampers the Camper Van Market.
- Inappropriate Design Associated With in Camper Van Market.
- Limitation due to High Price Related to Rent a camper Van Are Anticipated to Challenge the Market.
Key Target AudienceCampervan Manufacturers, Campervan Traders, End-Use Market Participants of Different Segments of Campervan, Government and Research Organizations, R&D Institutions and Others
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