![]() 40 million people in the United States go RV camping.During these 8 years, the recreational vehicle industry has grown more than 200%. The RV industry sales grew for 8 straight years.The RV industry creates USD 50 billion in economic impact annually in the USA alone.The RV industry has steadily grown to record highs over the last eight years, hitting 504.6 thousand units shipped in 2017.The largest RV manufacturer in the world by revenue is Thor Industries.By 2025, sales of RVs will eclipse USD 75 billion. ![]() The RV industry has grown for 8 straight years, growing 200% during that span. There are many types of motor vehicles including motorhomes, campervans, caravans (also known as travel trailers and camper trailers), fifth-wheel trailers, popup campers, and truck campers. A recreational vehicle is a motor vehicle or trailer which includes living quarters designed for accommodation. What are recreational vehicles? A recreational vehicle is often abbreviated as RV. Connect and track the latest news and insights from these companies. Connect with the best RV brands in the world on BizVibe.īizVibe is already helping the top RV brands connect.Who buys RVs? What’s the current landscape and best demographic?.Global RV industry outlook 2020 - what’s are the growth projections in the industry by 2025?.What is the best RV brand in the world?.Discover what are the top 10 RV manufacturers in the world in 2020?.This fact sheet is to assist business professionals, investors, and everyday readers that are interested in gaining insights into the global RV industry including: The best RV brands are targeting these next generation of RV buyers when manufacturing recreational vehicles in 2020. The biggest factor for an increase in younger people buying RVs is to due to the popularity of camping among younger people (41% of campers are millennials). The crowd for RV buyers is getting younger as the average age of RV owners has decreased to 45 in 2020, declining for 3 straight years. The top 10 RV manufacturers in the world are contributing to a fast-growing growing industry that has witnessed growth for 8-straight years - increasing 200% in that span. What is the Current State of the Top 10 RV Manufacturers in the World?
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