Wheelchair Accessible Vehicle Converters Market expected to expand at a positive CAGR of 5.30% from 2016 to 2024
According to TMR, the North America wheelchair accessible vehicle converters market was valued at US$1.74 bn in 2015. It is expected to expand at a positive CAGR of 5.30% within a forecast period from 2016 to 2024, eventually reaching US$3.47 bn by the end of 2024.na wheelchair accessible vehicle converters market Full Size Vehicles Dominate Demand Volume in North America Market
Request Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16094
On the basis of the type of vehicle, the North America wheelchair accessible vehicle converters market has so far been led by full size vehicles, in terms of revenue in 2015. This segment took up over 48% of the market for the year, thanks to a rise in the uptake of wheelchair accessible vehicles as a type of family vehicle. However, over the coming years the overall rise in demand for medium size vehicle is expected to be higher in North America.
The U.S. dominated the North America wheelchair accessible vehicle converters market in 2015 with a share of close to 95% and is expected to remain in the lead for the given forecast period. This might be achieved by the increasing presence of a disabled and geriatric population, the increasing demand for wheelchair accessible vehicles, and a rise in trauma and accident cases. The market growth rate is further enhanced by increased government funding and the rising number of awareness initiatives.
Patients with Mobility Issues to Rise, Fueling Demand
Request Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16094
“The growth in the number of disabled patients is currently influencing the North America wheelchair accessible vehicle converters market. In 2015, almost 3.3 mn wheelchair users were already present in North America, a number which is likely to rise over the coming years due to the growth in prevalence of disability of mobility among patients,” states a TMR analyst. The massive geriatric population is a primary proponent of this demographic, followed by the obese and the trauma and accident victims. This, as a result, is likely to fuel the demand for wheelchair accessible vehicle converters further over the forecast period.
Buy Full Wheelchair Accessible Vehicle Converters Market Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=16094
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wheelchair Accessible Vehicle Converters Market expected to expand at a positive CAGR of 5.30% from 2016 to 2024 here
News-ID: 791640 • Views: 179
More Releases from Transparency Market Research
Latest TMR Report Explores Impact of COVID-19 Outbreak on Industrial Air Compres …
Industrial Air Compressor Market: Introduction The global industrial air compressor market is anticipated to reach US$ 26.6 Bn by 2030. The industrial air compressor market is projected to expand at a CAGR of ~4% from 2020 to 2030 based on revenue. According to the report, Asia Pacific was a significant contributor to the industrial air compressor market in terms of revenue in 2019. The prominent market share of the region is
Automotive Head-up Display (HUD) Market is projected to surpass US$ 4.7 Bn by 20 …
Automotive Head-up Display (HUD) Market: Introduction According to the report, the global automotive head-up display (HUD) market is projected to surpass US$ 4.7 Bn by 2030, expanding at a CAGR of ~22% during the forecast period. Rise in demand for comfort and safety features in vehicles is likely to boost the automotive head-up display (HUD) market across the globe. Increase in preference for utility vehicles and luxury vehicles, in conjunction with
Understanding Impact of COVID-19 on Retail Clinics Market
Global Retail Clinics Market – Overview Retail clinics are the ones that provide primary healthcare services across departmental stores, supermarkets, and retail stores. These clinics have a registration desk, a waiting area, washroom, a couple of examination rooms, and a small desk for reception. These retail clinics are gaining immense popularity as they are highly beneficial for public health, easily accessible, and also help in reducing the pressure on public healthcare
Potential Impact of COVID-19 on Self-tanning Products Market
Self-tanning Products Market: Introduction Transparency Market Research delivers key insights on the global self-tanning products market. In terms of revenue, the global self-tanning products market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global self-tanning products market report. Obtain Report Details @ https://www.transparencymarketresearch.com/self-tanning-products-market.html In terms of type, the self-tanning products market has been segmented
More Releases for North
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
North American Surgical Gowns Market
The North American Surgical Gowns Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. The global surgical apparels market is growing at a significant rate due to increasing number of surgeries, and technological advancement in the field. Some of the surgical apparels available
Web Design in North London
Darcy Developments has moved to the West Hampstead area of North London. Originally based in Manchester and building up a strong client base there, including the exclusive Manchester Grammar School, they have decided to up shop and make the move to the big city. They specialise in Web Design, with an emphasis on clean, simple layouts with a strong message associated with it. They also provide ecommerce solutions such as Paypal integration
The Jewel of the North
It is fair to say that Blackpool is a well known holiday destination not only in the UK and Ireland but also around the world, and is known as ‘The Jewel of the North’, or some refer to Blackpool as the ‘playground of the North, or even ‘Britain’s Las Vegas’. This ‘Jewel’ has much to offer the tourist, it is a very traditional English Victorian seaside town, boasting many attractions, such
LTC North India Tour Packages
LTC TOURS is one of well known travel tour operator among the tourist from all over the world, touring India, Thailand, Malaysia & Singapore, Srilanka, Dubai, London, Paris and more. Our one of the tour package is LTC North India Tour Packages in which we are exploring the complete beauty of North India like Delhi, Rajasthan, Bikaner, and Jaisalmer. In LTC North India Tour Packages, we cover Rajasthan culture, heritage, forts
ClickCulture Promotes North Carolina Worldwide
Race Team Sponsorship Includes North Carolina Flag Vehicle Wrap RALEIGH, N.C. (June 8, 2009)—ClickCulture Inc. (clickculture.com), a Raleigh-based Web technologies, design and integrated marketing firm, announces today its sponsorship of Creation Autosportif (creationsport.net). The sponsorship includes the North Carolina state flag graphically wrapped on Creation's Le Mans race car. The newly wrapped car will debut at the 77th running of the Le Mans 24 Hour race, held June 13 and 14