Press release
Travel Mobility Scooter Market to Reach US$1210.2 mn by 2026 as Companies Focus Delivering Solutions to the Physical Challenged
Los Angeles, February 20, 2020 - QY Research recently published a report titled, "Global Travel Mobility Scooter Market Research Report 2020". The global travel mobility scooter market will be worth US$769.8 mn in 2020 and is expected to reach US$1210.2 mn by the end of 2026, rising at a CAGR of 6.6% during 2021-2026.The major players in the market include TGA Mobility, Vermeiren, Hoveround Corp., Electric Mobility, Amigo Mobility, Drive Medical, Golden Technologies, Quingo, Kymco, Sunrise Medical, Pride Mobility Products, Invacare, Roma Medical, Van Os Medical, Merits Health Products, Afikim Electric Vehicles, etc.
Get PDF sample copy of the report at: https://www.qyresearch.com/sample-form/form/1422031/global-travel-mobility-scooter-market
This report studies the Travel Mobility Scooter market. A mobility scooter is a mobility aid equivalent to a wheelchair but configured like a motor scooter. It is often referred to as a power-operated vehicle/scooter or electric scooter as well. A mobility scooter will provide a new lease of life from new found independence, it can increase your ability to get out more and support day to day activities.
In the last several years, Global market of Travel Mobility Scooter developed relatively fast, with an average growth rate of 7.8%. In 2016, Global Revenue of Travel Mobility Scooter is nearly 630 M USD; the actual production is about 420 K Unit.
Market Analysis and Insights: Global Travel Mobility Scooter Market
The global Travel Mobility Scooter market is valued at 769.8 million US$ in 2020 is expected to reach 1210.2 million US$ by the end of 2026, growing at a CAGR of 6.6% during 2021-2026.
Scooters with Light-weight and Compact Design to Boost Market
There is a rising trend of travel mobility scooter due to increasing cases of people with chronic diseases such as joint diseases, physical disability, spinal disorders, and many other conditions resulting from trauma, injury, or other reasons. People suffering from disabilities have reduced mobility, which has been the primary growth driver for the market. These vehicles are designed to help easy commute, making tasks more convenient by improving quality of life. These scooters enable support-free movement, enabling constructive engagement in various social activities. They are light-weight, compact, and foldable, which makes them an optimum choice for many.
Furthermore, they come with long battery life, making it low on maintenance. These factors are expected to help in the growth of global travel mobility scooter market.
Residential Segment to Boost Demand of Global Travel Mobility Scooter Market
The rising adoption of mobility scooter among people of different age groups suffering from physical disabilities is expected to significantly improve the share of the global travel mobility scooter market. This is expected to increase its demand in residential segment as individual usage spikes.
North America to Dominate Global Travel Mobility Scooter Market
North America is expected to hold the largest share of the market due to its higher adoption among people of different groups owing to increasing health issues such as musculoskeletal diseases, arthritis, disabilities, and rheumatic diseases, and others.
Manufacturers to Aim towards Product Innovation to Reach Wider Audience
Sunrise Medical recently announced the launch of the JAY Syncra seating system, a cohesive and attractive seating system. This system is designed specifically for tilt and recline. Syncra is a comprehensive seating system engineered to minimize movement and help avoid body displacement. Additionally, to complement this new product the company has also launched a variety of positioning accessories available to help support and stabilize.
The Report also includes Tables and Figures. Browse the Report Description and TOC @ https://www.qyresearch.com/index/detail/https://www.qyresearch.com/sample-form/form/1422031
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
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