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Recreational vehicle battery market forecast to 2022 illuminated by new report

Recreational vehicle battery market forecast to 2022 illuminated by new report

In this report, the global Recreational Vehicle Battery market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2017 and 2022.

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A recreational vehicle battery is a deep-cycle battery that deeply discharges using most of its power capacity and provides a steady amount of current over longer durations. Recreational vehicles include automobiles or trailers designed or modified for recreational activities, such as vacations and camping, on and off highways.

These vehicles include facilities such as bedrooms, kitchens, and bathrooms, which make traveling and camping convenient. Recreational vehicles are subject to the same registration and licensing as other automobiles, and may have to abide by other specific laws.

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The report covers the present scenario and the growth prospects of the global recreational vehicle battery market for 2017-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

According to the report, one driver in market is growth in global tourism. The tourism industry is booming and is expected to grow further during the forecast period.

Today, traveling is gaining huge popularity among the younger generation. Not only are they spending more on traveling itself but also on new modes of travel such as cars and bikes.

The tourism industry in many countries such as the US, the UK, India, Australia, Germany, and New Zealand is experiencing huge growth as the number of international tourists grows. People who come to holiday in these countries prefer recreational vehicles as a mode of transportation.

APAC has recorded the highest growth in international tourism during January-April 2016. International tourism in Southeast Asia increased by approximately 10% while East Asia and South Asia showed an increase of around 8% and 7%, respectively.

On the other hand, tourism in the Americas and Europe increased by more than 6% and 4%, respectively.

Global Recreational Vehicle Battery market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

    East Penn Manufacturing

    EnerSys

    Exide Technologies

    Johnson Controls

    Trojan Battery

    Crown Battery

    Fullriver Battery

    Interstate Batteries

    Lifeline

    Midac Batteries

    MPower

    Navitas Systems

    RELiON Batteries

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

    FLA Battery

    VRLA Battery

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Recreational Vehicle Battery for each application, including

    Commercial Vehicle

    Passenger Vehicle

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Category: Market Research Publishers and RetailersCompany profile: Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns. Our online stage, KMInsights.com, offers an unmatched gathering of market examination reports, organization audits, databooks, articles, periodical distributions, databases, on-line endorser administrations, and a great deal m ...

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