Global Mobility Scooters Market Size (2024 - 2030)

The Global Mobility Scooters Market was valued at USD 2.03 Billion and is projected to reach a market size of USD 3.23 Billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6.85%.

 Industry Overview:

The mobility scooter is powered by electricity, equivalent mobility aid or an auxiliary to an electric wheelchair configured similarly to a motorcycle. They are multi-function vehicles that run on electricity and provide people with reduced mobility and independence when moving indoors and outdoors. Mobility scooters have three or four wheels and are mainly required by older people with reduced strength and balance. Mobility scooters have two forms, front-wheel drive, and rear-wheel drive. Front-wheel drive scooters are smaller and are mainly used indoors, while rear-wheel drive scooters are used both outdoors and indoors. The rider weight of a rear-wheel-drive scooter is greater than the rider weight of a front-wheel-drive scooter.

Mobility scooters act as an alternative to wheelchairs and the market is expected to witness a significant growth rate during the forecast period. Due to technological advancements in electric mobility scooters, there are a number of lucrative opportunities for market players. With the increasing presence of market contributors globally, the development of efficient and eco-friendly scooters for the disabled and elderly is expected to drive the market in the coming years. These battery-powered mobility scooters are useful for people with disabilities as they provide strength and balance. There is growing consumer demand for efficient, reliable, and energy-saving vehicles; This factor contributes to the growth of the market. However, market participants are expected to focus on addressing the challenges in the mobility scooter market by improving the charging infrastructure.

 COVID-19 impact on Mobility Scooters Market

The coronavirus pandemic has caused disruptions in logistics distribution and supply chain management affecting the majority of businesses worldwide. Due to the forced lockdown,  production and manufacturing activities were halted which has hampered the global mobility scooter market. Market players active in the mobility scooter market are recovering from losses and re-establishing their business by turning to e-scooters. The auto industry and mobility scooter market have been negatively impacted by the COVID19 pandemic, due to reduced vehicle production. Strict travel restrictions have affected the purchase of mobility scooters. However, with the easing of mobility restrictions, scooter manufacturers are focusing on ramping up the production of innovative scooters to appeal to consumers around the world. COVID19 has presented the world with an unprecedented economic, humanitarian, and health challenges.  On the business front, the auto and mobility sectors are among the hardest hit. Following the pattern seen in countries where COVID19 has spread before, lockdowns and other restrictions have restricted travel and left many consumers unable or unwilling to buy a vehicle. The rapid spread of the disease has had a significant impact on the global auto industry, with a drop in demand for new and used vehicles.

MARKET DRIVERS:

An increase in Investments by Governments to Provide Eco-friendly Mobility Scooters is driving the growth of the market

Consumers are now aware of the increasing levels of pollution from vehicles and its impact on the environment. As a result, the growing awareness of the use of battery-powered vehicles worldwide is driving the demand for mobility scooters. Governments and environmentalists are promoting the benefits of electric vehicles such as 3- and 4-wheel mobility scooters. This has reduced sales of conventional vehicles, which emit harmful gases into the air. The growing popularity of mobility scooters thanks to the government funding of many developing countries has created many opportunities for players in the global mobility scooter market. Increasing initiatives and policies aimed at providing cost-effective mobility scooters to consumers is also driving the growth of the market.

Advancements’ in the Technology of the battery is also driving the growth of the market

Advances in battery technology are one of the key drivers of the global market. Leading manufacturers are developing innovative batteries for use in electronic vehicles such as mobility scooters. The economical lithium-ion and zinc-manganese oxide batteries improve the overall performance of the mobility scooter. Online research and development activities in battery technology help manufacturers create value-added opportunities. This type of battery improves the range of scooters by reducing their overall weight. It requires less time to charge the electric vehicle; This factor is expected to drive growth opportunities in the mobility scooter market. Moreover, consumers are using smart mobility scooters due to their high efficiency.

MARKET RESTRAINTS:

The lack of charging stations is restraining the growth of the market

Difficulty in charging batteries due to the lack of charging stations in many countries is the main reason hindering the growth of the mobility scooter market. These battery-powered cars have no other source of charging. Market players are focusing on improving the toll infrastructure in major cities to overcome this problem. Low awareness and no infrastructure for manufacturing and manufacturing mobile scooters in rural areas are the factors holding back the market growth. In addition, inconsistent infrastructure and range anxiety also create challenges for the players in the mobility scooter market.

MOBILITY SCOOTERS MARKET REPORT COVERAGE:

 This research report on the Mobility Scooters Market has been segmented and sub-segmented based on Battery type,and region.

Mobility Scooters Market - By Battery Type

• Sla
• Li-Ion
• Nimh

Among the Battery Types, the Lithium-Ion (Li-Ion) Battery segment emerges as the largest in the Mobility Scooters market. Li-Ion batteries have gained popularity due to their high energy density, lightweight design, and longer lifespan compared to traditional batteries. Mobility scooters equipped with Li-Ion batteries offer extended travel ranges and quicker charging times, providing users with enhanced convenience and efficiency. The adoption of Li-Ion batteries reflects the industry's commitment to offering cutting-edge technology and improved performance for users seeking reliable and long-lasting mobility solutions.

While Li-Ion batteries dominate the market in terms of size, the Sealed Lead Acid (SLA) Battery segment represents the fastest-growing category during the forecast period. SLA batteries have been widely used in mobility scooters for their affordability and suitability for entry-level models. Recent developments in SLA battery technology have resulted in improved energy efficiency and longer-lasting battery life, addressing the needs of budget-conscious consumers. Moreover, SLA batteries are recyclable and eco-friendly, aligning with the growing trend of eco-consciousness in the industry.

Mobility Scooters Market - By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East
• Africa

Geographically, North America leads the electric scooter market, followed by APAC and Europe. Due to the high presence of an aging population coupled with a high-income level in North America, it is analyzed to drive the market. In 2021,  16% of the US population exceeds 65% and mainly suffers from health problems such as disability, musculoskeletal disease, arthritis and rheumatism, which has raised the bar for electric scooter market. electricity. As stated in the census report, the number of people aged 65+ will reach 98.2 million by 2060 in North America, which is driving the growth of the electric scooter market during the period. forecast. The significant increase in aging populations in the Asia Pacific and Europe continues to elevate the electric scooter market.

 Mobility Scooters Market Share by company

1. Afikim Electric Vehicles
2. Invacare
3. Sunrise Medical
4. Roma Medical
5. Drive Medical
6. Golden Technologies
7. Hoveround Corp
8. Quingo
9. TGA Mobility
10. Electric Mobility
11. Van Os Medical
12. Kymco
13. Amigo Mobility
14. Vermeiren

Recently Sunrise Medical, a world leader in advanced assistive mobility solutions, announced the strategic acquisition of two leading global pediatric brands, Leckey and Firefly. The acquisition of James Leckey Design, along with its subsidiaries Firefly Friends and Vida Global, significantly extends Sunrise Medical’s pediatrics product and service offering within therapeutic care and provides a strong complementary fit with Sunrise Medical’s existing pediatrics mobility portfolio.

Suppliers invest in research and development to develop technologically advanced systems that give them a competitive advantage over other providers and provide an economic benefit to the industry. The industry is expected to see several mergers and acquisitions over the next few years. Companies are taking proactive steps to gain market share and provide a diversified product portfolio.

NOTABLE HAPPENINGS IN THE MOBILITY SCOOTERS MARKET IN THE RECENT PAST:

• Product Launch - In April 2021, Sunrise Medial, one of the major key players have introduced the QM-7 electric wheelchair that is among its premier line of adult power wheelchairs with additional features such as SpiderTrac 2.0 suspension, an advanced seating system that supports complex seating, and positioning needs
• Product Introduction - In early 2021, Permobil, one of the key companies in advanced rehabilitation technology, has introduced its front-wheel drive electric wheelchair