Mobility Scooter Market Report: Trends, Forecast and Competitive Analysis to 2030
Mobility Scooter Trends and Forecast
The future of the global mobility scooter market looks promising with opportunities in the indoor use, outdoor use, and off-road use markets. The global mobility scooter market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are rising percentage of elderly and disability people and growing preference for lightweight and compact scooter models.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Mobility Scooter by Segment
The study includes a forecast for the global mobility scooter by type, application, and region.
Mobility Scooter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Small Scooters
- Medium Scooters
- Large Scooters
Mobility Scooter Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Indoor Use
- Outdoor Use
- Off-Road Use
Mobility Scooter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Mobility Scooter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies mobility scooter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the mobility scooter companies profiled in this report include-
- Sunrise Medical
- Hoveround Corporation
- Merits Health Products
- Golden Technologies
- EV RIDER
- Quingo
- Drive DeVilbiss Healthcare
- Pride Mobility Products
- Amigo Mobility International
- Afikim Electric Vehicles
Mobility Scooter Market Insights
Lucintel forecasts that small scooter is expected to witness the highest growth over the forecast period.
Within this market, outdoor use is expected to witness the highest growth over the forecast period.
North America is expected to witness the highest growth over the forecast period.
Features of the Global Mobility Scooter Market
Market Size Estimates: Mobility scooter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Mobility scooter market size by type, application, and region in terms of value ($B).
Regional Analysis: Mobility scooter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the mobility scooter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the mobility scooter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the mobility scooter market size?
Answer: The global mobility scooter market is expected to reach an estimated $3.4 billion by 2030.
Q2. What is the growth forecast for mobility scooter market?
Answer: The global mobility scooter market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the mobility scooter market?
Answer: The major drivers for this market are rising percentage of elderly and disability people and growing preference for lightweight and compact scooter models.
Q4. What are the major segments for mobility scooter market?
Answer: The future of the mobility scooter market looks promising with opportunities in the indoor use, outdoor use, and off-road use markets.
Q5. Who are the key mobility scooter market companies?
Answer: Some of the key mobility scooter companies are as follows:
- Sunrise Medical
- Hoveround Corporation
- Merits Health Products
- Golden Technologies
- EV RIDER
- Quingo
- Drive DeVilbiss Healthcare
- Pride Mobility Products
- Amigo Mobility International
- Afikim Electric Vehicles
Q6. Which mobility scooter market segment will be the largest in future?
Answer: Lucintel forecasts that small scooter is expected to witness the highest growth over the forecast period.
Q7. In mobility scooter market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the mobility scooter market by type (small scooters, medium scooters, and large scooters), application (indoor use, outdoor use, and off-road use), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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