According to the research report titled ‘North America Recreational Vehicle Market Forecast 2027 By Vehicle, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America recreational vehicle market is projected to a reach valuation of USD 40 billion by 2027.

Increasing spending on camping activities and tourism, multiple approaches being discovered by people for health maintenance, and the growing significance of workout & active leisure are factors impelling the growth of North America recreational vehicle marketplace.

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Following the COVID-19 outbreak's preliminary impact, the market is set to gain pace and the sales have started to pick up in the second quarter of 2020. Efforts by government and medical authorities on promoting outdoor activities while maintaining social distancing will further impel the demand for recreational vehicles (RVs).

Speaking of vehicle type, the market segmentation comprises motorhomes (by class (class A, class B, and class C), by fuel (diesel, gasoline)), and towable RVs (by type (fifth wheeler, travel trailer, and tent trailer)).

Among these, the revenue share from motorhome segment is expected to grow consistently through 2027, owing to the enhanced comfort and floor space offered by these vehicles, as well as the latest features and foldable amenities integrated as per the requirements of users.

Parallelly, the gasoline-powered RV segment is predicted to rise at a significant rate through 2027, due to its advantages of having higher revolution per minute, and better combustibility as compared to diesel leading to enhanced engine performance.

Moving on to competitive landscape, Winnebago Industries, Inc., Van Specialties, Thor Motor Coach, Pleasure-Way Industries Ltd., Skyline Champion Corporation, Keystone RV Company, Heartland Recreational Vehicles, GMC Motorhome, Fleetwood Corporation Limited, Entegra Coach, DRV Luxury Suites, Cross Roads RV, Inc., Bison RV Center, Airstream, Inc., Columbia Northwest, Inc., Cruiser RV, Dutchmen RV, Erwin Hymer Group, Forest River, Inc., Grand Design RV, Highland Ridge RV, Kropf Industries, Inc., Redwood RV, REV Recreation Group, Starcraft RV, Tiffin Motorhomes, Inc., and Venture RV are framing North America recreational vehicle market trends.