Press release
Rise In Demand : Forecast The Global Mobility Scooters Market To Grow At a CAGR Of 5.23% By 2021
Mobility scooters are electrically operated vehicles, which in recent times, are widely substituting the traditionally used mobility aids for older consumers and people with disabilities or medical conditions. Traditionally used mobility aids include manual and powered wheelchairs, rehab chairs, and rollators. Mobility scooters are primarily battery powered and come in 3-wheel or 4-wheel layouts. New generation mobility scooters are now also available in a 5-wheel layout. The fifth wheel in these vehicles is placed between the two front wheels and helps improve kerb handling. These scooters are designed for both indoor and outdoor use. The term mobility scooter in this report refers to those mobility scooters that are powered by electricity via battery packs.
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Technavios analysts forecast the global mobility scooters market to grow at a CAGR of 5.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mobility scooters market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of mobility scooters.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mobility Scooters Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Quingo
Invacare
Drive medical
Pride Mobility Products
Electric Mobility Euro
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Other prominent vendors
Afikim Electric Vehicles
Amigo Mobility International
Golden Technologies
Hoveround
KYMCO
Merits Health Products
Sunrise Medical
TGA Mobility
Market driver
Favorable government grants and schemes
For a full, detailed list, view our report
Market challenge
Misuse of mobility scooters by people without disabilities and increasing cardiovascular risks
For a full, detailed list, view our report
Market trend
Expanding scope through online and second-hand markets
For a full, detailed list, view our report
Browse Report @ http://www.researchmoz.us/global-mobility-scooters-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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