Mobility Scooters Market Size - By Class (Class 1, Class 2, Class 3), By Technology (Electric, Manual), By Application (Indoor, Outdoor, Off-road), By Capacity (Light-Duty, Medium-Duty, Heavy-Duty), By End Use (Personal, Commercial) & Forecast, 2024 - 203
Mobility Scooters Market Size - By Class (Class 1, Class 2, Class 3), By Technology (Electric, Manual), By Application (Indoor, Outdoor, Off-road), By Capacity (Light-Duty, Medium-Duty, Heavy-Duty), By End Use (Personal, Commercial) & Forecast, 2024 - 2032
Global Mobility Scooters Market will observe a CAGR of over 5% from 2024 to 2032, driven by the rise of innovation. Companies are constantly innovating to meet the needs of the aging population and individuals with limited mobility, offering scooters with advanced features such as long battery life, advanced ergonomics, and advanced safety features. For instance, in May 2024, Zelio Ebikes showcased its GRACY low-speed electric scooter, specially designed for urban commuters. The GRACY series came in three models: GRACYi, GRACY Pro, and GRACY+, priced from INR 59,273 to INR 83,073.
Thus, these innovations cater to a growing population seeking freedom and convenience in daily travel. Also, increasing awareness about mobility solutions and the increasing prevalence of chronic conditions are contributing to market growth. Marketing efforts have increased, and the availability of devices to suit different needs and budgets is driving demand. As manufacturers introduce new scooters with technological advancements, consumer interest and market expansion continue to rise, underscoring the robust growth of the sector.
Overall Mobility Scooters industry size is classified based on class, technology, application, capacity, end-use, and region.
The class 2 segment will record notable growth from 2024 to 2032. Designed for road use and limited off-road travel, Class II scooters offer the ideal solution for individuals looking for continued mobility and independence. Their compact, easy-to-use size, function, and accessibility of pedestrian areas appeal to the elderly and those with mobility impairments. Moreover, advances in battery technology, improved comfort features, and affordability contribute to their popularity. As awareness of mobility solutions increases, the class 2 scooter market continues to expand, catering to a diverse older population.
The mobility scooters market revenue from the manual segment will register a commendable CAGR from 2024 to 2032. These scooters are popular among users who prefer straightforward handling without the cumbersome details. Handheld technology ensures easy and cost-effective maintenance, making these scooters accessible to a wider audience, including the elderly and individuals with limited mobility. In addition to durability, these systems are also easy to clean, which further enhances their appeal. As the population ages and the need for mobility solutions increases, the market for handheld mobile devices continues to grow.
Asia Pacific mobility scooters market will exhibit a reasonable CAGR from 2024 to 2032. Economic growth and rising healthcare standards also contribute to the availability and affordability of passenger scooters. Urbanization and the prevalence of chronic conditions are also driving demand as more individuals seek convenient and reliable transportation options. Moreover, government policies that support the elderly and people with disabilities further emphasize market expansion. As a result, the Asia Pacific region is emerging as a key market for passenger scooter manufacturers. For instance, in May 2024, Motovolt Transportation Pvt. Ltd, an Indian e-mobility company, partnered with Dubai-based FutureElectra to bring 2,000 M7 electric scooters to India. This program aims to promote sustainable urban mobility.
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Hardware providers
3.2.2 Software providers
3.2.3 Battery providers
3.2.4 Service providers
3.2.5 Automobile manufacturers
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Growing aging population across the world
3.8.1.2 Rising environmental awareness among consumers
3.8.1.3 Advancements in technology
3.8.1.4 Government initiatives making mobility scooters more affordable and accessible
3.8.2 Industry pitfalls & challenges
3.8.2.1 High cost of mobility scooters
3.8.2.2 Limited infrastructure available
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Class 2021 - 2032 ($Bn, Units)