The
self-contained motor homes assembling industry comprises establishments
primarily engaged in assembly line conversions of purchased vans and minivans.
The global self-contained
motor homes assembling market was valued at $9 billion in 2017. This can be
attributed to the positive economic outlook, increasing demand for
transportation services owing to rapid urbanization, policy makers’ green
energy funding initiative, advancements in technology and increasing consumer
demand for fuel efficient vehicles.
China was the largest country
in the market, accounting for one-fifth of the global self-contained motor
homes assembling market share. This was due to the presence of a large number
of motor vehicle, aircraft and train manufacturing companies owing to strong
demand from domestic market. The country was also a hub to many motor vehicle,
aircraft and ship component manufacturing companies. China was followed by
India and Japan as the next largest countries in the market.
The major
competitors in the market are Winnebago Industries Inc., Oliver Travel
Trailers, Tiffin, Lazy Daze, and Thor Industries. Winnebago Industries Inc.
is an American manufacturer of motor homes, a type
of recreational
vehicle or RV, in the United States. It is based in Forest City, Iowa.
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