Global Recreational Vehicle Battery Market Growth at CAGR of 12.95%, 2017-2021 – Latest Drivers, Challenges & Trends – Research and Markets

June 29, 2017

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Recreational Vehicle Battery Market 2017-2021” report to their
offering.

The global recreational vehicle battery market to grow at a CAGR of
12.95% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the
global recreational vehicle battery market for 2017-2021. 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.
The report also includes a discussion of the key vendors operating in
this market.

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.

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.

Key vendors

  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Johnson Controls
  • Trojan Battery

Other prominent vendors

  • Crown Battery
  • Fullriver Battery USA
  • Interstate Batteries
  • Lifeline
  • MIDAC Batteries
  • MPower (a subsidiary of TAG)
  • Navitas Systems
  • RELiON Batteries

For more information about this report visit https://www.researchandmarkets.com/research/df7pp9/global

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Related
Topics: Automotive
Batteries, Battery
Technology, RVs
and Mobile Homes