Mobility Scooter Market To Be Sustained By Technological Advancements During 2021-2031

According to the report, the global mobility scooter market is projected to surpass US$ 2.33 Bn by 2031, expanding at a CAGR of 6.44% during the forecast period. The rise in the adoption of mobility scooters, owing to the increase in the disabled population across the globe is likely to propel the mobility scooter market. The growing inclination toward the use of electric mobility scooters as an eco-friendly & efficient solution is anticipated to boost the global mobility scooter market.

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However, a variety of designs and features of mobility scooters are available, which has attracted the attention of users of mobility scooters. This, in turn, is likely to increase the demand for mobility scooters across the globe.

Expansion of Mobility Scooter Market

The rise in awareness about mobility scooters across the globe is likely to increase their demand. Favorable government policies are boosting the development of electric mobility scooters, which is expected to propel the mobility scooter market during the forecast period. Consequently, manufacturers are investing heavily in research and development to improve the charging time and range of these mobility scooters. The growing research and development on battery technology is likely to offer lucrative opportunity for the mobility scooter market.

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Based on application, the global mobility scooter market has been segmented into in-house, outdoor, and off-road. The outdoor segment is likely to dominate the global market during the forecast period, owing to increase in geriatric population across the globe. The indoor segment also held a significant share of the global market, in terms of revenue, in 2020. The segment is projected to expand during the forecast period.

Based on type, the global mobility scooter market has been segmented into small, medium, and large. Medium mobility scooters of length between110-150 cm accounted for a significant share of the global mobility scooter market in 2020. Medium mobility scooters possess a better range as compared to other types of mobility scooters and hence, the medium mobility scooter accounted for a notable share of the global market.

Regional Analysis of Mobility Scooter Market

In terms of region, the global mobility scooter market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominated the global mobility scooter market in 2020. It is anticipated to hold a leading share of the global market during the forecast period due to the rise in awareness about mobility devices. According to U.S. Census Bureau, in 2018, about 40% of people in the U.S. above the age of 65 have disability and difficulty in standing and walking, which is likely to fuel the demand for mobility scooter across the region.

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Mobility Scooter Market Players

Prominent players operating in the global mobility scooter market include Afikim Electric Vehicles, Amigo Mobility International Inc., Drive Medical Design and Manufacturing EV Rider LLC., Excel Mobility, Golden Technologies Inc., Hoveround Corp., Invacare Corporation, Medical Depot, Inc., Merits Co. Ltd., Pride Mobility Products, Quingo, Sunrise Medical, and WHILL, Inc.

Global Mobility Scooter Market: Segmentation

Mobility Scooter Market, by Type
Small (Less than 110 Cm)
Medium (110-150 Cm)
Large (More than 150 Cm)
Mobility Scooter Market, by Application
In-House
Outdoor
Off-Road
Mobility Scooter Market, by Number of Wheels
Three Wheel
Four Wheel
Others
Mobility Scooter Market, by Battery Range
Less than 10 Miles
10-20 Miles
More than 20 Miles
Mobility Scooter Market, by End-user
Personal Use
Institutional Use
Mobility Scooter Market, by Region
North America
Europe
Asia Pacific
Middle East & Africa
South America

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