The US motor home market has shown a steady growth trend since 2013, with 2023 closing at $5.122 billion. From 2014 to 2018, the growth demonstrated variability but maintained an upward trajectory, with 2022 reflecting a significant 6.63% increase over the previous year. While 2023's year-on-year growth was more moderate at 1.26%, future forecasts indicate an average 5-year CAGR of 0.91%, predicting continued but slower growth toward 2028.
Future trends to watch for:
- Increasing demand for eco-friendly and energy-efficient motor homes.
- Advancement in autonomous driving technologies and related safety features.
- Changing consumer preferences influenced by remote working options and lifestyle flexibility.
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