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Travel Trailers Market in North America 2015-2019

  • Published: Sep 2015
  • Pages: 50
  • SKU: IRTNTR6936
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This market research study analyzes the market shares for key vendors in the travel trailers market in North America and includes top players like Eclipse RV, Forest River, Gulf Stream Coach, Northwood Manufacturing, Palomino RV, Thor Industries, and Universal Trailer. It also segments this market by product type and includes sub-segments like toy haulers, expandables, teardrop trailers, and park models.

Overview of the travel trailers market in North America

Travel trailers are also known as bumper pull trailers or tag-a-long trailers and are specifically designed or modified for recreational activities. Recent changes in the lifestyle and living pattern of the populace in this region have spurred the demand for travel trailers in the last few years. The presence of a healthy financial environment in this region will impel the prospects for market growth during the forecast period. The consumer buying pattern for travel trailers in this region illustrates that a significant number of buyers opt for finance from banks for their purchase. Consequently, any growth in the financing market will result in the easy availability of credits, which in turn will drive the sales of travel trailers during the predicted period. The market for travel trailers in North America is expected to grow at a CAGR of more than 12% until 2019.

Technavio’s market research analyst has estimated eminent factors, such as the advent of favorable Internal Revenue Service (IRS) tax deduction norms, to impel market growth during the forecast period. As per the IRS rule, a travel trailer with basic sleeping, cooking, and bathroom amenities can be used as security to acquire a loan. As long as the travel trailer meets the IRS standards, one can claim the travel trailer as a second home. Since owning a travel trailer allows individuals to avail a tax break, its adoption is envisaged to increase rapidly over the next few years.

Product segmentation and analysis of the travel trailers market in North America

  • Toy haulers
  • Expandables
  • Teardrop trailers
  • Park models

In this market study, analysts have estimated toy haulers to be the most common type of travel trailer during the forecast period. Its ability to carry toys such as small cars, motorcycles, and dune buggies distinguishes them from other types of travel trailers. Toy haulers often have a third axle to carry heavy toys.

Competitive landscape and key vendors

The travel trailers market in North America is extremely fragmented owing to the presence of many vendors that have the capability to offer a wide array of products. Since this market offers numerous growth opportunities, many small vendors have started to enter this market. The entry of new vendors in this market intensifies the level of competition, which in turn compels the vendors to come up with an array of travel trailer models that are suitable for various purposes.   

Key vendors in this market are -

  • Eclipse RV
  • Forest River
  • Gulf Stream Coach
  • Northwood Manufacturing
  • Palomino RV
  • Thor Industries
  • Universal Trailer

Other prominent vendors analyzed in this market research are Aliner and Somerset Folding Camping Trailers, Allied Recreation Group, Augusta RV, Coachmen Recreational Vehicle, Cruiser RV, DNA Enterprises, Forks RV, Grand Design RV, Great West Vans, HL Enterprises, Jayco, Lance Camper, Let’s Go Aero, Little Guy Worldwide, Prime Time Manufacturing, Renegade RV, Skyline, Spartan Chassis, Starcraft RV, and Winnebago.

Growth drivers, challenges, and upcoming trends - Travel trailers

Technavio’s market research analyst has estimated factors, such as the growing focus on design and aerodynamics of travel trailers, to incite market growth during the predicted period. Recently, it has been observed that many consumers prefer compact, easy-to-use, and lightweight cabins. This change in the consumers’ preference has compelled vendors to alter the design of the trailers. Consequently, manufacturers have started using electric retractable roof in trailers to improve the overall durability and energy consumption of these trailers.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the travel trailers market in North America. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2019?
  • What are the key factors driving the travel trailers market in North America?
  • What are the key market trends impacting the growth of the travel trailers market in North America?
  • What are the challenges to market growth?
  • Who are the key vendors in the travel trailers market in North America?
  • What are the market opportunities and threats faced by the vendors in the travel trailers market in North America?
  • What are the key outcomes of the five forces analysis of the travel trailers market in North America?

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Related reports –

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview of RVs in North America
RV market in North America
Market overview of towable RVs in North America
Market overview of travel trailers in North America
Market size and forecast of travel trailers in North America
Five forces analysis
PART 06: Market drivers
PART 07: Impact of drivers
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
Eclipse RV Manufacturing
Forest River Inc.
Gulf Stream Coach
Heartland
Northwood Manufacturing
Palomino
Thor Industries
Universal Trailer
PART 13: Appendix
List of abbreviation

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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