According to Technavio’s latest market research study, the global mobility scooter market is expected to grow at a CAGR of more than 5% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global mobility scooters market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the scooter type
Source: Technavio
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The top three revenue contributing scooter segments are discussed below
Global boot scooters market: Boot scooters are small, easily foldable and can be disassembled, making them apt for indoor applications. Most consumers prefer boot scooters owing to their lower prices, ease of lifting, and because these can be easily transported in a car boot.
“E-retailers are gaining significant traction in this market, primarily owing to the fact that most mobility scooters are available at discounted prices through the online platforms, and also because of the convenience of shopping from home.,” says Siddharth Jaiswal, a lead analyst at Technavio for research on automotive manufacturing.
Global road scooters market: Road scooters are high-end mobility scooters. These are heavy built vehicles that use high power rated batteries (24V and above) and can go up to a speed of 6 mph. Factors such as the higher on-road application of these vehicles are anticipated to drive the demand for road scooters during the forecast period.
Global mid-type scooters market: Mid-type scooters have features that are a combination of the features available in class 2 and class 3 mobility scooters. Mid-type scooters are larger than boot scooters and can attain a high speed of 4 mph or 6 mph.
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Top vendors operating in the global mobility scooters market are:
- Quingo
- Invacare
- Drive medical
- Pride Mobility Products
- Electric Mobility Euro
Other prominent vendors in the market include Afikim Electric Vehicles, Amigo Mobility International, Golden Technologies, Hoveround, KYMCO, Merits Health Products, Sunrise Medical, and TGA Mobility.
A more detailed analysis is available in the Technavio report titled, ‘Global Mobility Scooters Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Self-balancing Scooter Market 2016-2020
- Global Battery Market for E-scooters 2016-2020
- Global Lithium Ion Battery Market 2016-2020
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