Motorhome Market Leads USD 27.77 Bn at 7.44% CAGR

Motorhome Market Intelligence Report, Key Trends, Innovations and Market Dynamics

According to market projections, the motorhome industry is expected to grow from USD 13.55 billion in 2024 to USD 27.77 billion by 2034, reflecting a CAGR of 7.44%. North America led the motorhome market in revenue, while Asia Pacific is set for the fastest growth. Class A and diesel motorhomes dominated, but Class C and electric types are rising fast. Medium-sized units led in revenue; small ones show strong growth.

The motorhome market is projected to reach USD 27.77 billion by 2034, expanding from USD 14.56 billion in 2025, at an annual growth rate of 7.44% during the forecast period from 2025 to 2034.

Motorhome Market Size 2024 - 2034

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Introduction

The motorhome market is a prominent segment of the automotive industry. This industry deals in manufacturing and distribution of motorhomes around the world. There are numerous types of motorhomes developed in this sector consisting of class A motorhomes, class B motorhomes, class C motorhomes, truck campers and some others. These motorhomes are powered by various types of fuels including gasoline, diesel, propane, electric and some others. It is available in different sizes comprising of small (up to 20 feet), medium (20 to 25 feet), large (over 25 feet) and some others. The motorhomes are integrated with several amenities such as slide-outs, generator, solar panels, awning, kitchenette, bathroom, air conditioning and some others. This market is expected to rise significantly with the growth of the tourism industry in different parts of the globe.

Highlights of the Motorhome Market

  • North America held the highest revenue of the motorhome market.
  • Asia Pacific is expected to grow with the fastest CAGR during the forecast period.
  • By type, the class A motorhomes segment led the industry.
  • By type, the class C segment is expected to grow with the fastest CAGR during the forecast period.
  • By fuel type, the diesel segment dominated this industry.
  • By fuel type, the electric segment is expected to rise with a significant CAGR during the forecast period.
  • By size, the medium (20-25 feet) segment held the largest revenue of the industry.
  • By size, the small (up to 20 feet) segment is expected to grow with a considerable CAGR during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 13.55 billion
Projected Market Size in 2034 USD 27.77 billion
CAGR (2025 - 2034) 7.44%
Leading Region North America
Market Segmentation Tabbert, Elddis, Lichtsinn RV, Camping World Holdings, Jayco, Carthago, AutoTrail, Entegra Coach
Top Key Players By Type, By Fuel Type, By Size, By Amenities and By Region

The major trends in this industry consists of electric motorhomes, government initiatives and rental platforms.

Electric Motorhomes

The rising awareness of consumers for adopting eco-friendly transportation has pushed market players to develop electric motorhomes for reducing emission. For instance, in September 2024, BEDEO launched a new range of electric motorhomes. This range consist of X550 ElectriX, X650 ElectriX, X150 ElectriX and X250 ElectriX. (Source: Van Life Matters)

Government Initiatives

Government of numerous countries such as India, the U.S., Australia, New Zealand, UK and some others have launched various initiatives to develop the tourism sector. In February 2025, the government of India announced to invest around Rs 2541.06 crores. This investment is done for developing 50 tourist destinations across this country. (Source: Business Standard)

Rental platforms

The rise in number of motorhome rental platforms has enabled international travelers to rent motorhomes according to their requirement for exploring any region. For instance, in February 2024, Campiri partnered with FreewayCamper. This partnership is done for enhancing the motorhome rental services across Europe. (Source: Shorttermrentalz)

Type Insights

Why class A segment held the largest share of the motorhome market in 2025?

The class A motorhomes segment dominated the industry. The growing sales of large recreational vehicles in numerous countries such as New Zealand, Australia, the U.S., and some others has boosted the market growth. Additionally, the rising adoption of class A motorhomes among big travel groups to explore new places with enhanced comfort is expected to drive the growth of the motorhome market.

  • In September 2024, Thor collaborated with Harbinger. This collaboration is done for launching a hybrid class A motorhome that is expected to deliver a range of around 500 miles on full tank. (Source: Raceautoindia)

The class C segment is expected to rise with the fastest CAGR during the forecast period. The rising demand for affordable recreational vehicles in developing nations such as Thailand, India, Vietnam and some others is driving the market expansion. Moreover, the growing sales of these motorhomes due to numerous advantages such as versatility, fuel-efficiency, flexibility and some others is expected to propel the growth of the motorhome market.

  • In January 2025, Ecocampor launched a hybrid class C motorhome. This motorhome delivers efficient power support and exceptional performance to enhance traveling experience. (Source: Ecocampor)

What Made Diesel to be the Most Dominant Segment in 2025?

The diesel segment led this industry. The growing demand for heavy-duty motorhomes from adventure travelers has boosted the market growth. Additionally, the rising adoption of fuel-efficient motorhomes by rental providers to maximize their profit margin is expected to propel the growth of the motorhome market.

  • In November 2024, Marcopolo launched Nomade. Nomade is a diesel-powered 4x4 motorhome that delivers enhanced safety and superior performance. (Source: Motor1)

The electric segment is expected to grow with a significant CAGR during the forecast period. The growing adoption of eco-friendly transportation by traveling enthusiasts has boosted the market growth. Moreover, constant research and development activities related to electric motorhomes is further accelerating the growth of the motorhome market.

  • In October 2023, Grounded launched the G2. The G2 is an all-electric motorhome that delivers around 250 miles on full charge. (Solar: Business Wire,Inc.)

How Medium (20-25 feet) Segment Dominated the Motorhome Market in 2025?

The medium (20-25 feet) segment held the highest revenue of the industry. The growing demand for medium-sized motorhomes from small travelling groups comprising of 4-5 travelers has boosted the market growth. Additionally, numerous advantages of these motorhomes including maneuverability, driving ease, enhanced comfort and some others is expected to drive the growth of the motorhome market. 

The small (up to 20 feet) segment is expected to grow with a notable CAGR during the forecast period. The rising demand for small-sized motorhomes among individual travelers has driven the market expansion. Additionally, availability of these motorhomes in rental platforms coupled with its various advantages such as easy handling and enhanced fuel efficiency is expected to foster the growth of the motorhome market.

Why North America Dominated the Motorhome Market in 2025?

Motorhome Market NA, EU, APAC, LA, MEA Share

North America led the motorhome market with highest revenue. The growing interest of consumers towards recreational activities along with rapid adoption of sustainable traveling has boosted the market growth. Additionally, numerous government initiatives aimed at developing the tourism sector coupled with rise in number of motorhome finance providers is playing a vital role in shaping the industrial landscape. Moreover, the presence of numerous market players such as Thor Industries, Winnebago, Forest River Industries, Inc and some others is expected to boost the growth of the motorhome market in this region.

  • In May 2025, Forest River launched 3900HBLR in the U.S.. 3900HBLR is a new RV equipped with a 65-inch backlit TV, kitchen, premium living space and some others. (Source: RV-PRO)

U.S. dominated the market in this region. The growing demand for electric motorhomes and rising consumer spending in leisure activities has boosted the market growth. Also, the increasing sales of class C motorhomes in New York and Washington DC is further adding to the industrial expansion.

Asia Pacific is expected to rise with the highest CAGR during the forecast period. The increase in number of motorhome rental companies in several countries such as New Zealand, Japan, Singapore, Thailand and some others has boosted the market growth. Also, rapid investment by government for renovating cultural monuments and tourist sites is further adding to the industrial expansion. Moreover, the presence of various local motorhome brands such as Great Wall Motor Co., Ltd, JCBL, Zhongyu Automobile and some others is expected to drive the growth of the motorhome market in this region.

  • In February 2024, JCBL Group launched RV signature motorhomes in India. These motorhomes provide several benefits such as improved durability, enhanced comfort, multi-functionality and some others. (Source: AUTOCAR PROFESSIONAL)

China and New Zealand are the significant contributors in this region. In China, the market is generally driven by the rising demand for personalized tourism along with presence of numerous market players. In New Zealand, the growing consumer interest towards sight-seeing coupled with availability of motorhomes in rental platforms is adding to the market expansion.

Industry Leader Announcement

  • In September 2024, Bob Martin, the CEO of THOR Industries made an announcement stating that, “Electrification will play a central role in the future of mobility, including RVing. This first-of-its-kind hybrid platform and our ongoing collaboration with Harbinger are reinforcing THOR's leadership in this segment and creating major points of product differentiation for our family of companies."

Competitive Landscape

Motorhome Market Companies

The motorhome market is a rapidly developing industry with the presence of numerous dominating players. Some of the prominent companies in this industry consists of Thor Industries, Tabbert, Elddis, Lichtsinn RV, Camping World Holdings, Jayco, Carthago, AutoTrail, Entegra Coach, Winnebago, Hobby, Grand Design RV, Hymer, Coachmen RV and some others. These companies are constantly engaged in developing motorhomes and adopting numerous strategies such as joint ventures, business expansions, collaborations, launches, partnerships, acquisitions, and some others to maintain their dominance in this industry.

Thor Industries North America Motorhome Revenue Share, By Class (2024)

  • According to the annual report of Thor Industries, in North America, around 47% revenue was generated by from class C motorhome segment followed by class A (32%) and class B (21%). (Source: Q4CDN)
  • In March 2025, Winnebago launched C RV. C RV is a Class C motorhome that comes with advanced features to enhance driving experience. (Source: Winnebago Industries)
  • In October 2024, Hymer launched the Grand Canyon S 700. The Grand Canyon S 700 is a new motorhome is equipped with a grunbeck water filter and HYMER premium sound system. (Source: Motor Homes)

Recent Developments

  • In January 2025, AC Future collaborated with Hydra Design Labs. This collaboration is done for launching a new motorhome in the U.S. (Source: Motor1.com)
  • In January 2025, Thor Motor Coach launched a class C motorhome. This motorhome is equipped with a 4-kilowatt generator and an Aqua-Hot hydronic heating system. (Source: RV Business)
  • In December 2024, Fleurette announced to launch a new range of campervans in 2025. These campervans are equipped with a Skyview sunroof and Truma 4D diesel heating. (Source: Practical Motorhome)

Motorhome Market Segments

By Type

  • Class A Motorhomes
  • Class B Motorhomes
  • Class C Motorhomes
  • Truck Campers

By Fuel Type

  • Gasoline
  • Diesel
  • Propane
  • Electric

By Size

  • Small (up to 20 feet)
  • Medium (20 to 25 feet)
  • Large (over 25 feet)

By Amenities

  • Slide-outs
  • Generator
  • Solar panels
  • Awning
  • Kitchenette
  • Bathroom
  • Air conditioning
  • Heating

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1108
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 03 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shubham Madhukar Desale is a passionate and insights-driven Research Analyst with over five years of experience in market research, including more than four years of specialized expertise in the global automotive industry.

Learn more about Shubham Desale

Aditi Shivarkar, with 14+ years of experience in automotive market research, specializes in tracking trends across vehicle technologies, mobility solutions, and materials innovation. She delivers accurate, actionable insights that drive excellence in the automotive sector—fueling strategies around electrification, sustainability, and advanced manufacturing.

Learn more about Aditi Shivarkar
FAQ's

The motorhome market was valued at USD 14.56 billion in 2025.

North America dominated this industry.

The rising popularity of outdoor recreation coupled with increasing sales of caravans in western nations has driven the market growth.

Some of the prominent players of this industry consists of Lichtsinn RV, Camping World Holdings, Jayco, Carthago, AutoTrail, Entegra Coach, Thor Industries, Tabbert, Elddis, Winnebago, Hobby, Grand Design RV, Hymer, Coachmen RV, Knaus and some others.

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