RV Industry In China: Market Trends, Share, size, Statistics, Export/Import Data, Key Players, Opportunities 2017-2025

China Recreational Vehicles Market Outlook 2017-2025

Market Overview

China’s recreational vehicles market has experienced major fluctuations in past several years, including national efforts on the development of tourism, campgrounds and the RV industry. The recreational vehicle (RV) market in various end use industries is subject to many of the same factors as the automotive market, comprising the economic condition in mature and emerging markets, fluctuation in fuel prices, and government regulations of safety and emissions. Moreover, China is the largest automotive industry and offer attractive growth opportunities due to economic development and related increases in freight demand. Further, development of new powertrains, including hybrids, in order to meet fuel efficiency standards, is also occurring. Moreover, leasing and rental markets are also witnessing significant growth as the people who cannot afford an RV or are not frequent travelers, are renting RVs, as a result significant growth of RVS can also be seen in rental industry.

Goldstein Research analyst forecast that the China’s RV market is in the early phases of development. Chinese consumers purchased an estimated 25,000 RVs by the end of 2017, and this number could reach 400,000 by 2025. China’s rising economy and growing middle class are driving a cumulative demand for leisure-related goods and activities, such as RVs and RV camping.

Market Segmentation

By Vehicle Type

• Motorized RVs
• • Class A Motorhomes
  • Class B Motorhomes
  • Class C Motorhomes

•  
• Towable RV Types
  • Truck Campers
  • Popup Campers
  • Fifth Wheel Travel Trailers
  • Toy Haulers
• Public Safety Vehicles (Ambulances, Fire Trucks etc.)
• Trucks
• Buses
• Agricultural Tractors and Equipment
• Construction and Material Handling Equipment

Based on vehicles recreational vehicle type, the demand will grow the fastest in the motor home and camper and camping trailer segments. Moreover, China market will show the highest growth rate in overall global recreational vehicles market, which is expected to grow at +8% CAGR during the forecast period. Further, technological advancements such as fuel economy and ease of handling, coupled with the inclusion of a growing selection of entertainment and comfort preferences, will also boost sales.

By End Use Industries

• Construction Industry
• Individuals
• Logistics and Transportation
• Government Bodies
• Agriculture
• Healthcare
• Others (Retail, etc.)

Covered In This China Recreational Vehicles Market Report      

The report covers the present ground scenario and the future growth prospects of the Recreational Vehicles for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. China Recreational Vehicles market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

China Recreational Vehicles Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the China Recreational Vehicles market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “China Recreational Vehicles Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Key Market Players

Our China Recreational Vehicles Market Report comprises of the following companies as the key players.

• Chengli Special Automobile Co. Ltd.
• Wuhan Dising Technologies Co. Ltd.
•  Shanghai Jou Yu Industrial Co Ltd.
•  CLW SPECIAL AUTOMOBILE CO. LTD.
• AUSTA CARAVAN CO. LTD.
• Thor Industries Inc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered In This China Recreational Vehicles Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for Recreational Vehicles market
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• Position yourself to gain the maximum advantage of the Recreational Vehicles market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects