About Campervan (Camper Van)
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The campervan (Camper Van) market is highly competitive, with several players offering a wide range of products and services to cater to different customer needs and preferences. The market is constantly changing with new trends manufacturers are focused to provide innovative, high-quality products that satisfy the diverse needs and preferences of customers while keeping up with the latest trends and technologies. Thus, the companies are enhancing their capabilities and expanding their product offerings to meet the rising demand for campervans. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Campervan (Camper Van) market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fleetwood (United States), Hobby (Australia), Hymer (Germany), Mobilvetta (Italy) and Dethleffs (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Campervan (Camper Van) market by Type (Product Type Segmentation, Fixed roof (FR) and Rising roof (RR)), Application (For leisure activities and For business travelers) 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 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in 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.Influencing Trend:
Increase demand of Camper Van in Europe region and Value Oriented Customers
Market Growth Drivers:
Increase Number of Business Meeting and Leisure Activities Boost the Camper Van Market. and Rapid Demand of Food on Wheels Fuelled up the Camper Van Market.
Challenges:
Limitation due to High Price Related to Rent a camper Van Are Anticipated to Challenge the Market.
Restraints:
Less Comfort and Living Space Hampers the Camper Van Market. and Inappropriate Design Associated With in Camper Van Market.
Opportunities:
Proliferation of Tourism Activities Leads to Grow the Camper Van Market. and Upsurge Demand for Easy Parking is expected to Rise the Market
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.
Key Target Audience
Campervan Manufacturers, Campervan Traders, End-Use Market Participants of Different Segments of Campervan, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.