Geographically, Asia Pacific expected to witness the fastest growth, followed by Europe and North America. Vehicles for disabled market in region is inclined towards improving healthcare infrastructure, increasing awareness among patient, and rising disposable income. Overview and forecast on Vehicles for Disabled Market by end users and applications.
Global vehicles for disabled market are estimated to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, at a CAGR of 11.7%. Increasing emphasis on providing equality to disabled people in terms of accessibility & mobility solutions and improving healthcare infrastructure in developing countries is expected to boost market growth.
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Study covers vehicles for disabled market across segments.
It aims at estimating vehicles for disabled market size and future growth potential of this market across different segments like vehicle type, manufacturer type, entry configuration, entry mechanism, driving option, ownership, and region.
“Increasing demand for mobility solutions for disabled people which helps in independently performing routine basic tasks to propel growth of mobility scooter segment during forecast period.”
Top Players in vehicle for disabled market in adaptive four-wheeler is led by globally and regionally established players such as Toyota Motor Corporation (Japan), Vantage Mobility International (US), BraunAbility (US), Revability (US), and Mobility Works (US), Pride Mobility (US), Sunrise Medical Holdings (Germany), Invacare (US), KYMCO Global (Taiwan), and Amigo Mobility International (US).
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North America is expected to be the largest vehicle for disabled market, followed by Europe. The increasing demand for mobility solutions and an increase in the sense of independence among disabled people have propelled the growth of this market.
The various government policies & schemes, helping the disabled people to purchase such vehicles is fueling the growth of the market.
Asia Pacific is expected to witness the fastest growth, followed by Europe and North America. The vehicles for disabled market in the region is inclined towards improving healthcare infrastructure, increasing awareness among patient, and rising disposable income.
The increasing population of disabled people in Asia Pacific is expected to propel the growth.
Topic Covered in This Report are
- Vehicles made for disabled people have acquired with other manufacturers for the expansion of their business globally and technology sharing.
- Developments in passenger car, SUV/MPV, and mobility scooter by leading manufacturers will change the dynamics of this market.
- The industry is focusing on automated technology.
- Analysis of your competition that includes major players in this market ecosystem.
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Mobility scooter segment is expected to grow fastest among others during forecast period. Mobility scooters are electric scooters, representing a low-cost way to be able to travel independently, both indoors and outdoors.
People with a disability tend to prefer mobility scooters over electric wheelchairs due to better efficiency and less manual effort needed.
Key Benefits of Accessing the Report:
Report will help market leaders/new entrants in this market with information on closest approximations of revenue numbers for overall vehicles for disabled market & sub segments. This report will help stakeholders understand competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
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