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Portable Mobility Scooters Market Growth to be Driven by Emerging Trends | $9 Billion by 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What is the Projected Market Size of the Portable Mobility Scooters Industry?
In recent years, the market size for portable mobility scooters has experienced a significant expansion. It is projected to rise from $5.12 billion in 2024 to $5.7 billion in 2025, presenting a compound annual growth rate (CAGR) of 11.5%. This uptrend during the historical period is largely due to factors such as the growing elderly population, rising disability rates, enhanced awareness of healthcare, expanded distribution channels, and the increased prevalence of customizable scooters.
What Will Be the Size of the Portable Mobility Scooters Market by 2029?
In the coming years, the market size of portable mobility scooters is anticipated to experience swift expansion, reaching $9 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 12.1%. This expansion during the predictive period can be credited to factors such as the broadening product portfolios of government and private insurance programs, focus on inclusive design, the rise of e-commerce, and augmentation of rental services. Key trends during the forecast period encompass the development of intuitive control systems, voice recognition technology, augmented reality (AR) enhancements, connectivity to social media, and the introduction of collision detection systems.
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What Are the Key Drivers Accelerating Growth in the Portable Mobility Scooters Market?
The upward trend in pollution levels is likely to spur the expansion of the portable mobility scooter market. The term "pollution levels" usually pertains to the amount of different environmental contaminants that are frequently monitored in air, water, or soil. These pollution levels are on the rise due to industrial processes, urbanisation, increasing vehicle emissions, deforestation, and the use of harmful chemicals in agriculture and manufacturing. Portable mobility scooters offer a solution to this issue by offering an environmentally-friendly transportation alternative that releases minimal or zero emissions, hence reducing dependence on cars, and consequently decreasing overall vehicle congestion and air pollution. For instance, the Environmental Protection Agency, a US-based organisation that safeguards human health and the environment, reported in June 2024 that the most significant portion of total US greenhouse gas emissions was due to transportation, which comprised 28% in 2022, with cars, trucks, commercial aircraft, and railroads among the various contributors to emissions in the transportation end-use sector. Therefore, the escalating pollution levels are stimulating the expansion of the portable mobility scooter market.
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How Is the Portable Mobility Scooters Market Segmented by Type, Application, and Region?
The portable mobility scooters market covered in this report is segmented -
1) By Type: Boot Scooters, Mid-Size Scooters, Road Scooters
2) By Distribution Channel: Original Equipment Manufacturer (OEM), E-Commerce, Other Distribution Channels
3) By Application: Commercial, Residential
Subsegments:
1) By Boot Scooters: Compact Folding Boot Scooters, Three-Wheel Boot Scooters, Four-Wheel Boot Scooters
2) By Mid-Size Scooters: Three-Wheel Mid-Size Scooters, Four-Wheel Mid-Size Scooters, Scooters With Adjustable Seats
3) By Road Scooters: High-Speed Road Scooters, All-Terrain Road Scooters, Heavy-Duty Road Scooters
What Are the Key Trends Driving Growth in the Portable Mobility Scooters Market?
Leading businesses in the portable mobility scooter market like Honda Motors Co. Ltd are innovating compact motorcycles to diversify their products and appeal to a wider consumer base. Compact motorcycles, designed for city commuting, are light, portable, and feature a foldable design for easy storage and convenience. For instance, in September 2023, the Japan-based car manufacturer introduced the Moto Compacto, a foldable electric scooter aimed at providing customisable and enjoyable solutions for urban mobility. The scooter comes with a 490-watt electric motor and boasts of a max speed of roughly 15 mph and a 12-mile range. Moreover, the Moto Compacto is highly customisable and Honda offers an assortment of accessories and parts for personalisation. The motorcycle is also made to supplement Honda's forthcoming electric cars like the Prologue and Acura ZDX, serving as a solution for last-mile transportation.
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Who Are the Leading Companies Driving Growth in the Portable Mobility Scooters Market?
Major companies operating in the portable mobility scooters market are Invacare Corporation, Sunrise Medical LLC, Drive DeVilbiss Healthcare Inc., Pride Mobility Products Corporation, Medserv Equipment Corporation, Hoveround Corporation, Roma Medical Ltd., Merits Health Products Inc., TGA Mobility Ltd., Golden Technologies Inc., Zip'r Mobility LLC, Van Os Medical B.V., Luggie Scooters LLC, Afikim Electric Vehicles Ltd., HeartWay USA Inc., Di Blasi Industries Inc., eFOLDi Ltd., Marc's Mobility LLC, SupaScoota International Pty Ltd., Tzora Active Systems Ltd
Which Is the Leading Region in the Global Portable Mobility Scooters Market?
North America was the largest region in the portable mobility scooters market in 2024. The regions covered in the portable mobility scooters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Europe: +44 7882 955267,
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