0
2021
Mobility Scooters Market

Mobility Scooters Market

by Type (Small (Less than 110 cm), Medium (110-150 cm), and Large (More than 150 cm)), Range (Less than 10 Miles, 10-20 Miles, and More Than 20 Miles), and Number of Wheels (Three Wheeler and Four Wheeler): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A02660
Pages: 220
Aug 2021 | 19740 Views
Author(s) : Abhay S , Sonia M
Tables: 106
Charts: 44
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Mobility Scooters Market

Request Now !

Mobility Scooters Market Statistics 2030 -

The global mobility scooters market was valued at $1.72 billion in 2020, and is projected to reach $3.21 billion by 2030, registering a CAGR of 6.5% from 2021 to 2030.

COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge. On the business side, the automotive and mobility sectors are among the hardest hit. Following the pattern witnessed in countries where COVID-19 spread earlier, lock-down measures and other restrictions have limited travel and left many consumers unable or unwilling to purchase vehicles.

Mobility scooters are electric propelled, mobility aid equivalent or auxiliary to a power wheelchair configured similar to a motorcycle. They are multi-featured vehicles that are electrically powered and at the same time offer individuals with limited mobility & independence to move indoor and outdoor. Mobility scooters are available in three wheeler or four wheeler and are majorly required by elderly population with impaired strength and balance. Mobility scooters are available in two forms, front-wheel drive and rear-wheel drive. Front-wheel drive scooters are smaller and are primarily used indoors, whereas the rear-wheel drive scooters are used both outdoors and indoors. The rider weight capacity of a rear-wheel drive scooter is higher than the front-wheel drive scooter. Mobility scooters act as an alternative to wheelchairs and the market is expected to have a significant growth rate during the forecast period.

Mobility-Scooter-Market

Factors, such as inclination toward the use of electric mobility scooters as an eco-friendly & efficient solution, increased percent of senior citizens, and rising awareness for advanced mobility devices, supplement the growth of the market across the globe. Moreover, factors, such as lack of standardization of EV charging and high cost of battery, hamper the growth of the market during the forecast period. However, growing R&D investments for enhanced battery technologies and greater availability of credit & financing options provide lucrative opportunities for the growth of the market during the forecast period.

The global mobility scooter market report has been segmented into type, range, number of wheels, and region. By type, the market is divided into small (less than 110 cm), medium (110-150 cm), and large (more than 150 cm). By range, it is classified into less than 10 miles, 10-20 miles, and more than 20 miles. By number of wheels, it is bifurcated into three wheeler and four wheeler. By region, the market has been studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global mobility scooter market include Afikim Electric Vehicles, Amigo Mobility International Inc., Drive Medical Design and Manufacturing, EV Rider LLC., Golden Technologies Inc., Hoveround Corp., Merits Co. Ltd., Pride Mobility Products, Quingo, and Sunrise Medical. 

Inclination toward the use of electric mobility scooters as an eco-friendly & efficient solution

Continuously growing global fuel emission has been one of the foremost concerns for governments and environmentalists from the past few years. This bolsters the demand for electric propelled mobility scooters across the globe, thereby supplementing the growth of the market. Furthermore, technological advancements toward offering smart mobility have created numerous opportunities for the growth of global mobility scooters market across the globe. In addition, companies operating across the mobility scooter industry have developed and introduced numerous mobility scooters to be used in different industries, thereby supplementing the growth of the market.

Mobility Scooters Market
By Type

Your browser does not support the canvas element.

Large (More than 150 cm) is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Rising awareness for advanced mobility devices

The proportion of aged population across the globe is rising at a rapid rate. With the growing age, the geriatric population is more prone to mobility disorders, which is anticipated to propel the market growth during the forecast period. The increasing disabled population is expected to boost the number of people requiring these scooters across the globe. According to the U.S. Census Bureau report of 2018, 40% of American adults aged 65 and older are reported to have mobility disability while having trouble with walking or standing. Mobility impairment may be caused by a number of factors such as congenital disorder, accidents, and orthopedic impairments, or neuromuscular disorders. The rapidly growing technological innovation in scooter designs and the introduction of several mobility products, such as powered scooters, by major companies are expected to expand the sales of mobility scooters in the forthcoming years. 

Mobility Scooters Market
By Range

Your browser does not support the canvas element.

Less than 10 miles is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Lack of standardization of EV charging

The electric vehicles battery source does not have any alternative source for charging. Shortage of charging points in most of the cities is a major challenging factor for growth of the global mobility scooters market. Furthermore, inconsistent infrastructure and range anxiety can create a problem for electric vehicles and can put the traveler at risk. Moreover, the implementation of supportive infrastructure required for electric vehicles in developing countries is less. Charging such vehicles in rural areas is a bigger issue where many people don’t have a dedicated charging spot, which makes it difficult to charge an electric mobility scooter at home. Furthermore, as the technology is not matured enough, apart from China, the sales of electric vehicles are extremely less as compared to other vehicle sale.

Mobility Scooters Market
By Number Of Wheels

Your browser does not support the canvas element.

Four Wheeler is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Growing R&D investments for enhanced battery technologies

Continual R&D and improvements in battery technology have helped improve the storage capacity and reduce the overall cost of batteries, such as lithium-ion batteries, making them a popular choice for mobile, low-cost devices such as electric kick scooters. In addition, ongoing development of technological advanced battery technologies, such as graphene batteries, solid-state electrolyte batteries, and zinc-manganese oxide batteries, helps to improve the range of electric vehicles, reduce overall weight, charging time as well as lower the carbon footprints, which is expected to offer lucrative growth opportunities for affordable mobility scooter market. For instance, March 2021, a Spain-based company Grabat developed graphene batteries, which can be charged to full in just a few minutes and can charge and discharge 33 times faster than lithium ion. Moreover, the slow charging time required for electric mobility scooters is one of the major concerns among the users. To address this concern, manufacturers are investing heavily on R&D to improve the charging time and range of these vehicles. For instance, in 2020, Japanese company Power Plan Plus announced the development of a carbon battery that gets charged 20 times faster than other batteries. Thus, the growing R&D investments and technological advancement for enhanced batteries are offering growth opportunities for the market. 

Mobility Scooters Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 9.5% during 2021-2030.

Get more information on this report : Request Sample Pages

COVID-19 IMPACT ANALYSIS

  • COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge.
  • On the business side, the automotive and mobility sectors are among the hardest hit. Following the pattern witnessed in countries where COVID-19 spread earlier, lockdown measures and other restrictions have limited travel and left many consumers unable or unwilling to purchase vehicles.
  • Rapid spread of the disease has led to a significant impact on the global automotive industry, with a downturn in demand for new and old vehicles.
  • Industry experts believe that post the pandemic, last-mile conveyance will shift toward personal mobility and the electric vehicle industry will register a suitable growth rate.
  • While lockdown measures and shelter-at-home orders are helping contain the coronavirus. They have also brought severe financial hardship. Amid a new reality of working from home, canceling trips, and even forgoing outings to restaurants and grocery stores, the mobility industry encompassing a range of lightweight vehicles, such as bicycles, e-scooters, and mopeds, is facing devastating declines in ridership and revenue.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global mobility scooters market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall mobility scooters market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global mobility scooters market with a detailed impact analysis.
  • The current mobility scooters market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Type

  • Small (Less than 110 cm)
  • Medium (110-150 cm)
  • Large (More than 150 cm)

By Range

  • Less than 10 Miles
  • 10-20 Miles
  • More than 20 Miles

By Number of Wheels

  • Three Wheeler
  • Four Wheeler

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany 
    • France 
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS

  • Afikim Electric Vehicles
  • Amigo Mobility International Inc.
  • Drive Medical Design and Manufacturing
  • EV Rider LLC.
  • Golden Technologies Inc.
  • Hoveround Corp.
  • Merits Co. Ltd.
  • Pride Mobility Products
  • Quingo
  • Sunrise Medical
 

Loading Table Of Content...


 
 

The mobility scooters market is supplemented by numerous developments carried out by the top mobility scooter manufacturers, which led to the growth of the market. Moreover, the increased count of senior citizens followed by increased application of mobility scooters in different industries provides lucrative opportunities for the growth of the market during the forecast period.

Inclination toward the use of electric mobility scooters as an eco-friendly & efficient solution as well as rising awareness for advanced mobility devices has also proved to be a supplementing factor for the growth of mobility scooter market. Moreover, growing R&D investments for enhanced battery technologies and greater availability of credit & financing options are also expected to provide opportunities for the growth of the market during the forecast period.

Factors, such as inclination toward the use of electric mobility scooters as an eco-friendly & efficient solution, increased percent of senior citizens, and rising awareness for advanced mobility devices, supplement the growth of the market across the globe. Moreover, factors, such as lack of standardization of EV charging and high cost of battery, hamper the growth of the market during the forecast period. However, growing R&D investments for enhanced battery technologies and greater availability of credit & financing options provide lucrative opportunities for the growth of the market during the forecast period.

Among the analyzed regions, North America is the highest revenue contributor, followed by Europe, Asia-Pacific, and LAMEA. On the basis of forecast analysis, Asia-Pacific expected is to maintain its lead during the forecast period, owing to increased production and sales of mobility scoters followed by the need for efficient aftermarket services.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The global mobility scooters market was valued at $1.72 billion in 2020, and is projected to reach $3.20 billion by 2030, registering a CAGR of 6.5%.

A. Post Covid shows a suitable growth in the mobility scooter market due to the demand for personal mobility vehicles among individuals.

A. The sample for global mobility scooters market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. Introduction of lonmg range mobility scooters are the upcoming trends in mobility scooter industry

A. Numerous models offered by different companies offer fastest mobility scooter models.

A. The company profiles of the top market players of mobility scooters market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the mobility scooters market.

A. Asia-Pacific is and will provide more business opportunities for mobility scooter in future

A. By range sis the most influencing segment in the global market

A. UK, Germany, China, Japan are the key matured markets growing in the mobility scooters industry

A. Continuous product development followed by the introduction of advanced mobility scooters are the known and unknown adjacencies impacting the mobility scooter market

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Mobility Scooters Market

Start reading instantly.
This Report and over 19,305+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Aug 2022 - Aug 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers