How big is the Recreational Vehicle Financing Market?

The Recreational Vehicle Financing Market size is expected to reach USD 36.75 billion in 2024 and grow at a CAGR of 7.69% to reach USD 48 billion by 2029. Read More

What is the current Recreational Vehicle Financing Market size?

In 2024, the Recreational Vehicle Financing Market size is expected to reach USD 36.75 billion. Read More

Who are the key players in Recreational Vehicle Financing Market?

LendingTree, LightStream, Wells Fargo Bank, Bank of America and JPMorgan Chase are the major companies operating in the Recreational Vehicle Financing Market. Read More

Which is the fastest growing region in Recreational Vehicle Financing Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Recreational Vehicle Financing Market?

In 2024, the North America accounts for the largest market share in Recreational Vehicle Financing Market. Read More

What years does this Recreational Vehicle Financing Market cover, and what was the market size in 2023?

In 2023, the Recreational Vehicle Financing Market size was estimated at USD 33.92 billion. The report covers the Recreational Vehicle Financing Market historical market size for years: . The report also forecasts the Recreational Vehicle Financing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Recreational Vehicle Financing Market Share

Statistics for the 2023 & 2024 Recreational Vehicle Financing market share, created by Mordor Intelligence™ Industry Reports. Recreational Vehicle Financing share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Recreational Vehicle Financing Industry

The recreational vehicle financing market exhibits a moderately consolidated landscape, dominated by a few major global players such as LendingTree, LightStream, Wells Fargo Bank, Bank of America, Chase (JPMorgan Chase), and others. These companies have established a stronghold in the market through extensive product portfolios, technological advancements, and strategic collaborations.

• In December 2023, KKR acquired a USD 7.2 billion portfolio of prime recreational vehicle loans. This move demonstrates KKR's continued interest in the growing RV industry and strengthens its presence in the consumer finance sector.

• In July 2023, US Bank unveiled a new online marketplace for recreational vehicles and boats, developed in collaboration with Rollick. The platform aims to provide a seamless shopping experience for customers, offering financing options and expert advice on RV and boat purchases.

• In December 2023, Sidley represented KKR in the acquisition of a USD 7 billion portfolio. This transaction marks another significant milestone for KKR as it continues to expand its presence in the consumer finance industry, particularly within the recreational vehicle sector.