North America Market Study of Recreational Vehicles: Canada Recreational Vehicles Market Anticipated to Expand 1.6X in Terms of Volume During 2016 - 2024

LONDON, Feb. 9, 2017 /PRNewswire/ -- A new report by Persistence Market Research titled "Recreational Vehicles Market: North America Industry Analysis and Forecast 2016 to 2024" analyzes the growth and performance of the North America recreational vehicles market over an eight year forecast period (2016 – 2024). This report has been crafted by analyzing the growth potential of recreational vehicles in the North America region. The report talks about different aspects of the North America recreational vehicles market and critically assesses the opportunities available for companies operating in the North America recreational vehicles market. The report also highlights several developments that are likely to shape the destiny of this market in the years to come.

Persistence Market Research analysts have incorporated all the key drivers, restraints and trends that are likely to influence the North America recreational vehicles market within the assessment period. After doing a detailed study on this regional market the analyst team has tabled the key market dynamics that are anticipated to impact the future and present climate of the North America recreational vehicles market.



Report description


The report on the performance of the North America recreational vehicles market for the period 2016 – 2024 begins with an overview of the market followed by key definitions and an executive summary that gives a 360o view of the revenue forecast of the North America recreational vehicles market. The market taxonomy section dissects the North America recreational vehicles market into key market segments.

In the next section, the report analyzes key market dynamics and presents an independent analysis of various factors, challenges, and market trends that will define the market in the next few years. The following sections quantify the North America recreational vehicles market analysis by presenting data on the market size along with key performance metrics. The last section of the report studies the market performance of some of the top companies operating in the North America recreational vehicles market. The report profiles few of the leading market players and presents a detailed analysis of their overall business performance and a comprehensive evaluation of their short-term and long-term business and go-to-market strategies.

North America recreational vehicles market: Segmentation

By Exterior Construction Material

Wood
Aluminium
Fiberglass
Steel
Others

By Type

Motorhomes
Class A Motor Homes
Gasoline
Diesel
Class B Motor Homes
Gasoline
Diesel
Class C Motor Homes
Gasoline
Diesel
Travel Trailers & Campers
Conventional Travel Trailers
Fifth-wheel Travel Trailers
Camping Trailers
Folding Camping Trailer
Truck Camper

Country

U.S.
Canada


Research methodology

Persistence Market Research has carried out in-depth secondary research to ascertain the overall market size, top players in this industry, top products and top industry associations. The team of analysts has fetched some important information from the market by talking to the key market players operating in the North America recreational vehicles market. The obtained data is then sliced, diced and validated using the triangulation method and further scrutinized using advanced tools to obtain qualitative and quantitative insights into the North America recreational vehicles market.

Key metrics

The report on the North America recreational vehicles market encapsulates the key metrics that accurately describe the North America recreational vehicles market and uses this data to compare market performance across the various segments and regions. The nature of the global economy is very volatile and hence besides estimating the Compound Annual Growth Rate (CAGR) for this regional market, the report also analyzes the North America recreational vehicles market on the basis of growth parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities likely to emerge in the North America recreational vehicles market. Further, the report studies the different market segments by conducting a Basis Point Share (BPS) analysis to understand the relative contribution of individual segments to overall market growth. This detailed level of information is important to identify the many key trends governing the North America recreational vehicles market.

Another notable feature of this report is a revenue forecast analysis of the North America recreational vehicles market in terms of absolute dollar opportunity. While this is usually overlooked when forecasting the market, absolute dollar opportunity analysis is critical in assessing the level of opportunity that market providers can look to achieve and also to identify potential resources in the North America recreational vehicles market. Finally, to study the different market segments in terms of their growth and performance in the North America recreational vehicles market, Persistence Market Research has included a market attractiveness index to help leading market players identify current and future market opportunities across the North America recreational vehicles market.



Research summary


Yearly change in inflation rate has not been considered while forecasting market numbers
Top-down approach has been used to assess market numbers for each segment
Bottom-up approach has been used to counter-validate the reached numbers
Macro-economic indicators such as GDP, personal disposable incomes, demographic condition, consumer confidence, urbanization, and imports-exports have been considered to arrive at the indicated market numbers
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