Global Mobility Scooters Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. Mobility scooters are battery-powered devices designed to assist individuals with limited mobility in moving around independently. They are commonly used by people who have difficulty walking long distances or who experience mobility challenges due to age, disability, or medical conditions. The Mobility Scooters market is expanding because of factors such as the increasing geriatric population and growing demand for battery-powered vehicles. Mobility scooters provide individuals with increased mobility and independence, allowing them to participate more actively in daily activities and access various places.
Mobility scooter designs are increasingly being tailored to address the comfort and safety requirements of seniors. Features such as ergonomic seating, easy-to-use controls, and stability enhancements are becoming more common. According to data from World Population Prospects, it's anticipated that by 2050, approximately one out of every six individuals globally will have reached the age of 65 or older. Additionally, the projected data suggests a substantial threefold increase in the count of individuals aged 80 years or more, growing from 143 million in 2019 to a significant 426 million by the year 2050. Another important factor that drives the Mobility Scooters market is the increasing demand for battery-powered vehicles. Battery-powered mobility scooters provide individuals with a convenient and reliable means of transportation, promoting independence and mobility. They can be an asset for individuals with limited mobility, enabling them to engage in daily activities and navigate their surroundings with ease. In addition, as per Statista, Battery-electric vehicle sales reached an estimated 7.3 million in 2022, up from around 4.6 million in 2021. Moreover, rising awareness for innovative mobility gadgets and increasing R&D expenditures for improved battery technology are anticipated to create lucrative growth opportunity for the market over the forecast period. However, stringent regulations and the high initial cost of Mobility Scooters stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Mobility Scooters Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the initiatives taken by governments to support mobility products, including mobility scooters, and the increasing number of manufacturers. Furthermore, Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as increasing population and rising investment from key market players to enhance mobility in the region.
Major market player included in this report are:
- EV Rider LLC
- Pride Mobility Products Corp
- Afikim Electric Vehicles
- Quingo Mobility Limited
- Hoveround Corporation
- Merits Health Products, Inc
- Drive DeVilbiss Healthcare
- Sunrise Medical
- Amigo Mobility International Inc
- Golden Technologies
Recent Developments in the Market:
- In February 2023, Bajaj Auto and Yulu collaborated for the launch of two new EV platforms to meet urban mobility requirements. The two platforms, Miracle GR and DeX GR are made to operate in the Indian climate, road conditions and customer needs. The two platforms are powered by Yulu's revolutionary AI-led technology stack and are being manufactured by Bajaj Auto and being rolled out by Chetak Technology Pvt. Ltd., which is a 100 per cent owned subsidiary of Bajaj Auto.
Global Mobility Scooters Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Range, Number of Wheels, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Mobility Scooters Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Mobility Scooters Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Mobility Scooters Market, by Range, 2020-2030 (USD Billion)
- 1.2.4. Mobility Scooters Market, by Number of Wheels, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Mobility Scooters Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Mobility Scooters Market Dynamics
- 3.1. Mobility Scooters Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing geriatric population
- 3.1.1.2. Growing demand of battery-powered vehicles
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent regulations
- 3.1.2.2. High initial cost of Mobility Scooters
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising awareness for innovative mobility gadgets
- 3.1.3.2. Increasing R&D expenditures for improved battery technology
Chapter 4. Global Mobility Scooters Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Mobility Scooters Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Mobility Scooters Market by Type, Performance - Potential Analysis
- 5.3. Global Mobility Scooters Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Mobility Scooters Market, Sub Segment Analysis
- 5.4.1. Small (less than 110 cm)
- 5.4.2. Medium (110-150 cm)
- 5.4.3. Large (more than 150 cm)
Chapter 6. Global Mobility Scooters Market, by Range
- 6.1. Market Snapshot
- 6.2. Global Mobility Scooters Market by Range, Performance - Potential Analysis
- 6.3. Global Mobility Scooters Market Estimates & Forecasts by Range 2020-2030 (USD Billion)
- 6.4. Mobility Scooters Market, Sub Segment Analysis
- 6.4.1. Less than 10 miles
- 6.4.2. 10-20 miles
- 6.4.3. More than 20 miles
Chapter 7. Global Mobility Scooters Market, by Number of Wheels
- 7.1. Market Snapshot
- 7.2. Global Mobility Scooters Market by Number of Wheels, Performance - Potential Analysis
- 7.3. Global Mobility Scooters Market Estimates & Forecasts by Number of Wheels 2020-2030 (USD Billion)
- 7.4. Mobility Scooters Market, Sub Segment Analysis
- 7.4.1. Three-wheeler
- 7.4.2. Four-wheeler
Chapter 8. Global Mobility Scooters Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Mobility Scooters Market, Regional Market Snapshot
- 8.4. North America Mobility Scooters Market
- 8.4.1. U.S. Mobility Scooters Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Range breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Number of Wheels breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Mobility Scooters Market
- 8.5. Europe Mobility Scooters Market Snapshot
- 8.5.1. U.K. Mobility Scooters Market
- 8.5.2. Germany Mobility Scooters Market
- 8.5.3. France Mobility Scooters Market
- 8.5.4. Spain Mobility Scooters Market
- 8.5.5. Italy Mobility Scooters Market
- 8.5.6. Rest of Europe Mobility Scooters Market
- 8.6. Asia-Pacific Mobility Scooters Market Snapshot
- 8.6.1. China Mobility Scooters Market
- 8.6.2. India Mobility Scooters Market
- 8.6.3. Japan Mobility Scooters Market
- 8.6.4. Australia Mobility Scooters Market
- 8.6.5. South Korea Mobility Scooters Market
- 8.6.6. Rest of Asia Pacific Mobility Scooters Market
- 8.7. Latin America Mobility Scooters Market Snapshot
- 8.7.1. Brazil Mobility Scooters Market
- 8.7.2. Mexico Mobility Scooters Market
- 8.8. Middle East & Africa Mobility Scooters Market
- 8.8.1. Saudi Arabia Mobility Scooters Market
- 8.8.2. South Africa Mobility Scooters Market
- 8.8.3. Rest of Middle East & Africa Mobility Scooters Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. EV Rider LLC
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Pride Mobility Products Corp
- 9.3.3. Afikim Electric Vehicles
- 9.3.4. Quingo Mobility Limited
- 9.3.5. Hoveround Corporation
- 9.3.6. Merits Health Products, Inc
- 9.3.7. Drive DeVilbiss Healthcare
- 9.3.8. Sunrise Medical
- 9.3.9. Amigo Mobility International Inc
- 9.3.10. Golden Technologies
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption