Mobility Scooters Market to reach $3.4 Bn by 2032, Says Global Market Insights Inc.
Major mobility scooters market participants include Amigo Mobility International, Inc., Sunrise Medical Limited, Golden Technologies, Afikim Electric Vehicles, KYMCO Healthcare, Drive DeVilbiss Healthcare Ltd., Invacare Corporation, Merits Health Products Co., Ltd., Pride Mobility Products Corp., and TGA Mobility.
Selbyville, Delaware, Sept. 11, 2024 (GLOBE NEWSWIRE) —
The mobility scooters market valuation is predicted to surpass USD 3.4 billion by 2032, as reported in a
Prominent companies operating in the mobility scooters market include Amigo Mobility International, Inc., Sunrise Medical Limited, Golden Technologies, Afikim Electric Vehicles, KYMCO Healthcare, Drive DeVilbiss Healthcare Ltd., Invacare Corporation, Merits Health Products Co., Ltd., Pride Mobility Products Corp., and TGA Mobility, among others.
Companies are enhancing their share through strategic initiatives such as technological innovations, product diversification, and geographic expansion. By investing in advanced features like improved battery life, enhanced maneuverability, and smart technology integration, these companies attract a broader customer base. Strategic partnerships, acquisitions, and the establishment of localized manufacturing units also contribute to their market presence. Besides, targeted marketing and robust after-sales support enhance customer satisfaction and loyalty, further strengthening their position in the competitive mobility scooters market.
In March 2023, Electric Mobility, a distributor of mobility equipment, successfully launched its newest mobility scooters featuring advanced battery technology at Naidex. These scooters are equipped with British-made lithium ferro-phosphate batteries, designed to last over 1,000 cycles, offering enhanced efficiency and performance to withstand the demands of daily use.
Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 – 2032
Chapter 3 Mobility Scooters Market Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Hardware providers
3.2.2 Software providers
3.2.3 Battery providers
3.2.4 Service providers
3.2.5 Automobile manufacturers
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Growing aging population across the world
3.8.1.2 Rising environmental awareness among consumers
3.8.1.3 Advancements in technology
3.8.1.4 Government initiatives making mobility scooters more affordable and accessible
3.8.2 Industry pitfalls & challenges
3.8.2.1 High cost of mobility scooters
3.8.2.2 Limited infrastructure available
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
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