(USGovernment-News.Com, December 29, 2017 ) A recreational vehicle is defined as a motor vehicle or trailer equipped with all the amenities found in home with living space. It includes kitchen, bed room, bathroom and a rest room. Some of the special features rarely found in recreational vehicles are hot tub, dining hall, a desk and vanity closet. Majority of RV's have one deck, however some of the customized RV's available also include two decks. RV's are mostly commonly used for carrying leisure activities such as camping and vacation. Occasionally RV's are used as mobile office for business travelers, such vehicles are made available primarily through customization.
Recreational vehicle market is expected to represent a single digit CAGR growth during the forecast period. U.S. is estimated to hold the largest market share by 2017 end. Advancement of eco - friendly recreational vehicles with increased fuel efficiency and enriched design in North America region is identified as one of the major trend in the market. Further, development of hybrid RV's that can run on both fuel and electric power is one of prime focus area of major players in the global recreational vehicle market. .
Objectives of Recreational Vehicle Market Report are as follows:
• To provide overview of the global Recreational Vehicle market • To analyze and forecast the global Recreational Vehicle market on the basis of components, application, size and technology • To provide market size and forecast till 2025 for overall Recreational Vehicle market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries • To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend • To provide exhaustive PEST analysis for all five regions • To profiles key Recreational Vehicle players influencing the market along with their SWOT analysis and market strategies
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