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Power Chairs Market Share, Size Global Regional Analysis, Key Findings, Industry Demand, Key Players and Forecasts to 2027

12-20-2021 08:00 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Power Chairs Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Power Chairs Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

Power Chairs Market is envisaged to record an expansion at the CAGR of 11% over the forecast period,2022– 2027

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Market Overview

Though the COVID-19 pandemic created disturbances across all industries, it positively impacted the Power Chairs Market. The Power Chairs Market witnessed significant growth during the coronavirus outbreak. Many hospitals and health institutes are flooded with people infected with the virus. Thus, the demand for Power Chairs increased in 2020. The market is further expected to grow in the forecast period. The market is primarily driven by factors like the aging population in developed countries, the increase in people's spending power, and the latest technological innovations in wheelchairs in the forecast period, 2021-2026.

The major players covered in the Power Chairs Market:

Pride Mobility, Golden Technologies, Franklin Corporation, Med-Lift, La-Z-Boy, Jackson Furniture, Best Chairs, Ashley Furniture, Seminar Components, Mega Motion, Home Meridian, Palliser, Dromedar, Avafurn, Meifeilai

Recent Developments

La-Z-Boy’s largest acquisition to date was in 1999, when it acquired Ladd Furniture for $299M. La-Z-Boy has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include furniture (88%) and e-commerce (13%).

Power Chairs Breakdown Data by Type

Elderly

Obese

Handicapped

Power Chairs Breakdown Data by Application

Household

Commercial

Healthcare

Report link:

https://www.marketintelligencedata.com/reports/615201/global-power-chairs-sales-market-report-2022?mode=ich_nk

Asia Pacific Dominates The Market 

China and India are the two most populated countries in the Asia-Pacific. With over 241 million Chinese individuals over the age of 60, China is considered an aging economy. Moreover, China produces roughly 75% of the world's electric wheelchairs, owing to the aluminum production hubs and major players operating in the country.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the Power Chairs Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The report offers an in-depth assessment of the growth and other aspects of the Power Chairs Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.

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The COVID-19 pandemic had a minor impact on the Power Chairs Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy.

Table of Contents:

Global Power Chairs Market Research Report 2022

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Power Chairs Market Forecast

Customization:

The Global Power Chairs Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

About Us:

Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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