What Is The Current and Historic Market Size Analysis Of The Portable Mobility Scooters Market?
The portable mobility scooters market has seen considerable growth due to a variety of factors.
• The market size for portable mobility scooters has seen a substantial surge in recent years, and it is projected to expand from $5.12 billion in 2024 to $5.77 billion in 2025, with a compound annual growth rate (CAGR) of 12.7%.
The expansion during the historical period can be linked to a rise in the elderly population, growing disability rates, heightened healthcare consciousness, an increase in distribution channels, and an enhanced availability of customizable scooters.
What Are The Predictions for The Portable Mobility Scooters Market in the Coming Years?
The portable mobility scooters market is expected to maintain its strong growth trajectory in upcoming years.
• The market for portable mobility scooters is predicted to experience a fast-paced expansion in the upcoming years. The market size is projected to reach $9.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 12.5%.
This projected growth during the forecast period can be credited to several factors such as the expansion of government and private insurance product offers, the focus on comprehensive design, the rise of online commerce, and the growth of rental services. Key trends expected during the forecast period are the evolution of user-friendly control systems, advancements in voice recognition technology, improvements in augmented reality (ar), social media integration, and the development of collision detection technologies.
Which Drivers Are Accelerating Growth In The Portable Mobility Scooters Market?
The expansion of the portable mobility scooter market is anticipated to be influenced by the escalating pollution levels. Pollution levels denote the concentration of diverse environmental contaminations, commonly evaluated in air, water, or soil. These escalating levels of pollution are driven by industrial activities, urbanization, augmented vehicle emissions, deforestation, along with dangerous chemicals in agriculture and manufacturing. Portable mobility scooters contribute to pollution reduction by offering an eco-friendly mode of transportation that releases minimal or no emissions, thus diminishing dependence on cars and minimizing overall vehicle congestion and air pollution. For example, the Environmental Protection Agency cited in June 2024 that transportation was the chief perpetrator of total U.S. greenhouse gas emissions, accounting for 28% in 2022. This includes cars, trucks, commercial airplanes, and railroads as various sources contributing to emissions in the transportation end-use industry. Hence, the escalating pollution levels are propelling the growth of the portable mobility scooter market.
What Are The Core Segments Of The Global Portable Mobility Scooters Market?
The portable mobility scootersmarket covered in this report is segmented –
1) By Type: Boot Scooters, Mid-Size Scooters, Road Scooters
2) By Distribution Channel: Original Equipment Manufacturer (OEM), E-Commerce, Other Distribution Channels
3) By Application: Commercial, Residential
Subsegments:
1) By Boot Scooters: Compact Folding Boot Scooters, Three-Wheel Boot Scooters, Four-Wheel Boot Scooters
2) By Mid-Size Scooters: Three-Wheel Mid-Size Scooters, Four-Wheel Mid-Size Scooters, Scooters With Adjustable Seats
3) By Road Scooters: High-Speed Road Scooters, All-Terrain Road Scooters, Heavy-Duty Road Scooters
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What New Trends Are Influencing The Portable Mobility Scooters Market?
Major firms in the portable mobility scooter market are innovating compact motorcycles to broaden their products range and to cater to a wider consumer base. These handy motorcycles are portable, lightweight mobility tools developed for city commute, characterised by a foldable design for simplicity of storage and practicality. For example, in September 2023, Japan's Honda Motors Co. Ltd., a company specialising in automobiles, introduced the Moto Compacto. This is a foldable electric scooter, crafted for bespoke and enjoyable city transport solutions. It is equipped with a 490-watt electric engine, a maximum speed of about 15 mph, and a distance capability of up to 12 miles. It is also structured for high customization, with Honda providing a myriad of accessories and components for individualization. It also aimed to supplement the forthcoming electric vehicles of Honda, like the Prologue and Acura ZDX, offering a solution for last-mile transport.
Who Are the Key Players In The Portable Mobility Scooters Market?
Major companies operating in the portable mobility scooters market are:
• Invacare Corporation
• Sunrise Medical LLC
• Drive DeVilbiss Healthcare Inc.
• Pride Mobility Products Corporation
• Medserv Equipment Corporation
• Hoveround Corporation
• Roma Medical Ltd.
• Merits Health Products Inc.
• TGA Mobility Ltd.
• Golden Technologies Inc.
• Zip’r Mobility LLC
• Van Os Medical B.V.
• Luggie Scooters LLC
• Afikim Electric Vehicles Ltd.
• HeartWay USA Inc.
• Di Blasi Industries Inc.
• eFOLDi Ltd.
• Marc's Mobility LLC
• SupaScoota International Pty Ltd.
• Tzora Active Systems Ltd
What Are The Regional Insights Into The Portable Mobility Scooters Market?
North America was the largest region in the portable mobility scooters market in 2024. The regions covered in the portable mobility scooters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
