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Global Mobility Scooters Market Study Analysis: Rising Aged Population Across The Globe Is Expected To Witness A Healthy Growth Of The Mobility Scooters Market

02-15-2022 03:54 PM CET | Media & Telecommunications

Press release from: Evolve Business Intelligence

Global Mobility Scooters Market Study Analysis: Rising Aged

The global Mobility Scooters market is expected to grow from $ billion in 2020 to $ billion in 2028 at a CAGR of 12%. Mobility scooters are electric propelled, mobility aid equivalent or auxiliary to an influence wheelchair configured almost sort of a motorbike. The vehicles offer limited mobility and independence to move indoors and outdoor. The scooter is out there in three-wheeler or four-wheeler and is required by elder people with the impaired strength and balance.

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Global Mobility Scooters Drivers And Restrain:
The major factor driving the growth of the market includes the inclination towards the use of electric mobility scooters as an eco-friendly and efficient solution. The growing concern of fuel emission has been a major concern for the environment and government. Furthermore, the technological advancement towards offering smart mobility has created numerous opportunities for the growth of the market. There is a rise in the aged population across the globe which is more prone to mobility disorders. Apart from these, the increase in the disabled population is expected to grow the market.
The major factor restraining the growth of the market includes the shortage of charging points in cities. Furthermore, the electric vehicles battery source does not have any alternative source of charging which will hinder the market growth.

Covid-19 Scenario:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window

Global Mobility Scooters Market Segments:
The global Mobility Scooters market is further segmented into type, range, number of wheels, and geography.
By Type: Small (Less than 110 cm), Medium (110-150 cm), and Large (More than 150 cm)
By Range: Less than 10 Miles, 10-20 Miles, and More Than 20 Miles
By Number of Wheels: Three Wheeler and Four Wheeler

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa and South America)

North America is expected to hold the highest market share due to the initiatives taken by the various government to support the accessibility of high-end mobility products among the people that require assistive mobility aid equipment. The Asia Pacific is expected to witness the fastest growth owing to the growing adoption of the scooter as an assistive device among the population with lower extremities conditions and the growth in the geriatric population.

Key Players of Global Mobility Scooters Market:
• Afikim Electric Vehicles
• Amigo Mobility International Inc
• Drive Medical Design and Manufacturing
• EV Rider LLC
• Golden Technologies Inc
• Hoveround Corp
• Merits Co. Ltd
• Pride Mobility Products
• Quingo
• Sunrise Medical

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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Mobility Scooters Market
• Value Chain Analysis of Global Mobility Scooters Market
• What is the CAGR of the global Mobility Scooters Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advising service that offers creative solutions to a company's problems. Data beneficial to micro, small, medium, and large-scale businesses can be found in our market research studies. We offer a wide range of services, from data collection to business consulting.
Evolve Business Intelligence is built on account of technology advancement and our in-house AI-modelled data analysis and forecast tool - EvolveBI - provides extremely accurate data. This application tracks real-time statistics from Fortune's Global 2000 firms, including quarterly performance, annual performance, and recent changes.

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