APAC Motor Home Industry Overview
The Asia-Pacific motorhome market is fragmented due to the presence of many local players and the increasing presence of global players in the region such as Thor Industries Inc, and Winnebago Industries, Inc. Many global players are forming joint ventures with local companies to increase their market presence and diversifying their product portfolio. Also, companies are incorporating the latest technologies in their motorhome to provide the best experience to the occupants. For instance,
- In 2018, Erwin Hymer Group entered into a joint venture with the Chinese Lingyu Group for manufacturing and sales of caravans and motorhomes the combined entity will be called as Luoyang Erwin Hymer-Loncen Caravan Co. LTD.
- In 2019, Winnebago Industries, Inc. entered into an agreement to acquire Newmar Corporation. Newmar is one of the leading manufactures of premium Class A luxury and Super C motorhomes.
- In 2019, Hymer launched its VisionVenture Concept, for this concept Hymer actually partnered with BASF for providing more than 20 innovative materials used in this camper van.
APAC Motor Home Market Leaders
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Thor Industries Inc.
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SAIC Motor
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Great Wall Motor Co., Ltd.
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Zhongtian Gaoke Special Vehicle Co., Ltd.
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Baoding Zhongjin Braun RV Manufacturing Co., Ltd.
- *Disclaimer: Major Players sorted in no particular order