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QY Research recently published a report titled, “Global Travel Mobility Scooter Market Research Report 2020”. The global travel mobility scooter market will be worth US$769.8 mn in 2020 and is expected to reach US$1210.2 mn by the end of 2026, rising at a CAGR of 6.6% during 2021-2026.
Scooters with Light-weight and Compact Design to Boost Market
There is a rising trend of travel mobility scooter due to increasing cases of people with chronic diseases such as joint diseases, physical disability, spinal disorders, and many other conditions resulting from trauma, injury, or other reasons. People suffering from disabilities have reduced mobility, which has been the primary growth driver for the market. These vehicles are designed to help easy commute, making tasks more convenient by improving quality of life. These scooters enable support-free movement, enabling constructive engagement in various social activities. They are light-weight, compact, and foldable, which makes them an optimum choice for many.
Furthermore, they come with long battery life, making it low on maintenance. These factors are expected to help in the growth of global travel mobility scooter market.
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Residential Segment to Boost Demand of Global Travel Mobility Scooter Market
The rising adoption of mobility scooter among people of different age groups suffering from physical disabilities is expected to significantly improve the share of the global travel mobility scooter market. This is expected to increase its demand in residential segment as individual usage spikes.
North America to Dominate Global Travel Mobility Scooter Market
North America is expected to hold the largest share of the market due to its higher adoption among people of different groups owing to increasing health issues such as musculoskeletal diseases, arthritis, disabilities, and rheumatic diseases, and others.
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Manufacturers to Aim towards Product Innovation to Reach Wider Audience
Sunrise Medical recently announced the launch of the JAY Syncra seating system, a cohesive and attractive seating system. This system is designed specifically for tilt and recline. Syncra is a comprehensive seating system engineered to minimize movement and help avoid body displacement. Additionally, to complement this new product the company has also launched a variety of positioning accessories available to help support and stabilize.
The major players in the market include TGA Mobility, Vermeiren, Hoveround Corp., Electric Mobility, Amigo Mobility, Drive Medical, Golden Technologies, Quingo, Kymco, Sunrise Medical, Pride Mobility Products, Invacare, Roma Medical, Van Os Medical, Merits Health Products, Afikim Electric Vehicles, etc.
About QY Research
QY Research is a leading global market research and consulting company. Established in 2007 in Beijing, China, QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and custom research to help our clients in providing non-linear revenue models and make them successful. We are globally recognized for our expansive portfolio of services.
