Electric Mobility Scooter Market - Forecast(2024 - 2030)
Overview
Electric Mobility Scooter Market is forecast to reach $1.25 billion by 2025, after growing at a CAGR of 8.59% during 2020-2025. With rise in the elderly population at a global level, the Electric Mobility Scooter market is witnessing an increase in demand. Electric mobility scooter is a power operated vehicle that is similar to electric wheel chair. The recent developments including the launch a foldable scooters is further elevating the growth of electric mobility scooter market.
Key Takeaways
- North America dominates the electric mobility scooter market owing to the high presence of the elderly population majorly suffering with arthritis, physical disability and other factors.
- The Li-ion Batteries are analyzed to grow at highest rate during the forecast period owing to their performance.
- The rise in the elderly population at a global level is driving the market for electric mobility scooter.
Battery Type - Segment Analysis
Although sealed lead acid is hold
highest market share in 2018, Li-Ion Batteries are analyzed to grow at
significantly highest rate during the forecast period 2020-2025. The growth of
Li-ion batteries is mainly attributed to the factors including declining
prices, high performance and so on. Moreover the Li-ion batteries provide a
wide range of advantages including high energy density, lesser self-discharge
rate, low maintenance and so on. These factors are further elevating the growth
of the electric mobility scooters with li-ion batteries.
Class - Segment Analysis
Class 2 electric
mobility scooters are analyzed to hold a highest market share and grow at a
highest rate during the forecast period. This is mainly attributed to the features
including light weight, requirement of less power, and many others. The class 2
scooters can be used in in-door and outdoor as well, hence it is majorly used
by the elderly and disabled people, whereas the Class3 scooter is widely deployed
in outdoor applications.
Geography - Segment Analysis
North America dominated the Electric Mobility Scooter
market, followed by APAC and Europe. Owing to the high
presence of geriatric population alongside high income level in North America
is analysed to boost the market. As of 2018, the 16% of population in U.S. are
over 65%, and majorly suffering with the health issues such as disabilities,
musculoskeletal diseases, arthritis, and rheumatic diseases thereby elevating
the electric mobility scooter market. As stated by census report, the count of
people in the age group of 65 and above will reach 98.2 million by 2060 in
North America which is in turn fuelling the growth of the Electric mobility
scooter market during the forecast period. The significant rise in the geriatric
population in the APAC and Europe is further elevating the electric mobility
scooter market.
Drivers – Electric Mobility Scooter Market
- Rise in Chronic rheumatic diseases globally
As stated by
World Health Organization (WHO), around 9.6% of men and 18.0% of women aged
over 60 years have symptomatic osteoarthritis, which is a form of rheumatic
disease globally. Around 80% of those with osteoarthritis have limitations in
movement and around 25% cannot perform daily activities. Therefore the
increasing demand for these scooters is driving the electric mobility scooter
market during the forecast period.
Challenges – Electric Mobility Scooter
Market
- High Cost
Although the electric mobility
scooters provide with various advantages, the high cost is analyzed to pose a
challenge to the market. In the developing economies, the elderly people
disinterest due to low health care expenditures is analyzed to hamper the growth
of the electric mobility scooter market.
Market Landscape
Technology launches, acquisitions and R&D
activities are key strategies adopted by players in the Electric Mobility
Scooter market. In 2018, the market of Electric Mobility Scooter has been consolidated
by the players including Afikim Electric Vehicles, Invacare, Sunrise Medical,
Roma Medical, Drive Medical, Golden Technologies, Hoveround Corp, Quingo, TGA
Mobility, Electric Mobility, Van Os Medical, Kymco, Amigo Mobility, and
Vermeiren, among others.
Acquisitions/Technology Launches
- In 2017, Sunrise Medial , one of the major key players has 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, advanced seating system that supports complex seating and positioning needs
- In 2019, Permobil, one of the key companies in advanced rehabilitation technology, has introduced its front wheel drive electric wheel chair
1.1 Definitions and Scope
2. Electric Mobility Scooter Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Electric Mobility Scooter Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Electric Mobility Scooter Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Electric Mobility Scooter Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Electric Mobility Scooter Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Electric Mobility Scooter Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Electric Mobility Scooter Market - By Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Segment Analysis
8.3.1 Small Scooter
8.3.2 Medium Scooter
8.3.3 Large Road Scooter
11.1 Electric Mobility Scooter Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Electric Mobility Scooter- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Electric Mobility Scooter- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Electric Mobility Scooter - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Electric Mobility Scooter - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Electric Mobility Scooter Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Electric Mobility Scooter Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Electric Mobility Scooter Market - Key Company List by Country Premium
15. Electric Mobility Scooter Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Afikim
15.3 Bayerische Motoren Werke Ag
15.4 Drive Medical
15.5 Energica Motor Company S P A
15.6 Ev Rider Llc
15.7 Golden Technology
15.8 Merit Co Ltd
15.9 Pride Mobility
15.10 Uk Mobility Group Ltd
15.11 Zip'R Mobility Solution Corporation
15.12 Company 12
15.13 Company 13 & More
16.1 Abbreviations
16.2 Sources
17. Electric Mobility Scooter Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Electric Mobility Scooter Market By Type Market 2023-2030 ($M)1.1 Small Scooter Market 2023-2030 ($M) - Global Industry Research
1.2 Medium Scooter Market 2023-2030 ($M) - Global Industry Research
1.3 Large Road Scooter Market 2023-2030 ($M) - Global Industry Research
2.Global Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
2.1 2 Wheeler Market 2023-2030 ($M) - Global Industry Research
2.2 3 Wheeler Market 2023-2030 ($M) - Global Industry Research
2.3 4 Wheeler Market 2023-2030 ($M) - Global Industry Research
2.4 5 Wheeler Market 2023-2030 ($M) - Global Industry Research
3.Global Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
3.1 Sla Market 2023-2030 ($M) - Global Industry Research
3.2 Li-Ion Market 2023-2030 ($M) - Global Industry Research
3.3 Nimh Market 2023-2030 ($M) - Global Industry Research
4.Global Electric Mobility Scooter Market By Type Market 2023-2030 (Volume/Units)
4.1 Small Scooter Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Medium Scooter Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Large Road Scooter Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 (Volume/Units)
5.1 2 Wheeler Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 3 Wheeler Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 4 Wheeler Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 5 Wheeler Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Electric Mobility Scooter Market By Battery Type Market 2023-2030 (Volume/Units)
6.1 Sla Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Li-Ion Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Nimh Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Electric Mobility Scooter Market By Type Market 2023-2030 ($M)
7.1 Small Scooter Market 2023-2030 ($M) - Regional Industry Research
7.2 Medium Scooter Market 2023-2030 ($M) - Regional Industry Research
7.3 Large Road Scooter Market 2023-2030 ($M) - Regional Industry Research
8.North America Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
8.1 2 Wheeler Market 2023-2030 ($M) - Regional Industry Research
8.2 3 Wheeler Market 2023-2030 ($M) - Regional Industry Research
8.3 4 Wheeler Market 2023-2030 ($M) - Regional Industry Research
8.4 5 Wheeler Market 2023-2030 ($M) - Regional Industry Research
9.North America Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
9.1 Sla Market 2023-2030 ($M) - Regional Industry Research
9.2 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
9.3 Nimh Market 2023-2030 ($M) - Regional Industry Research
10.South America Electric Mobility Scooter Market By Type Market 2023-2030 ($M)
10.1 Small Scooter Market 2023-2030 ($M) - Regional Industry Research
10.2 Medium Scooter Market 2023-2030 ($M) - Regional Industry Research
10.3 Large Road Scooter Market 2023-2030 ($M) - Regional Industry Research
11.South America Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
11.1 2 Wheeler Market 2023-2030 ($M) - Regional Industry Research
11.2 3 Wheeler Market 2023-2030 ($M) - Regional Industry Research
11.3 4 Wheeler Market 2023-2030 ($M) - Regional Industry Research
11.4 5 Wheeler Market 2023-2030 ($M) - Regional Industry Research
12.South America Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
12.1 Sla Market 2023-2030 ($M) - Regional Industry Research
12.2 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
12.3 Nimh Market 2023-2030 ($M) - Regional Industry Research
13.Europe Electric Mobility Scooter Market By Type Market 2023-2030 ($M)
13.1 Small Scooter Market 2023-2030 ($M) - Regional Industry Research
13.2 Medium Scooter Market 2023-2030 ($M) - Regional Industry Research
13.3 Large Road Scooter Market 2023-2030 ($M) - Regional Industry Research
14.Europe Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
14.1 2 Wheeler Market 2023-2030 ($M) - Regional Industry Research
14.2 3 Wheeler Market 2023-2030 ($M) - Regional Industry Research
14.3 4 Wheeler Market 2023-2030 ($M) - Regional Industry Research
14.4 5 Wheeler Market 2023-2030 ($M) - Regional Industry Research
15.Europe Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
15.1 Sla Market 2023-2030 ($M) - Regional Industry Research
15.2 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
15.3 Nimh Market 2023-2030 ($M) - Regional Industry Research
16.APAC Electric Mobility Scooter Market By Type Market 2023-2030 ($M)
16.1 Small Scooter Market 2023-2030 ($M) - Regional Industry Research
16.2 Medium Scooter Market 2023-2030 ($M) - Regional Industry Research
16.3 Large Road Scooter Market 2023-2030 ($M) - Regional Industry Research
17.APAC Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
17.1 2 Wheeler Market 2023-2030 ($M) - Regional Industry Research
17.2 3 Wheeler Market 2023-2030 ($M) - Regional Industry Research
17.3 4 Wheeler Market 2023-2030 ($M) - Regional Industry Research
17.4 5 Wheeler Market 2023-2030 ($M) - Regional Industry Research
18.APAC Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
18.1 Sla Market 2023-2030 ($M) - Regional Industry Research
18.2 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
18.3 Nimh Market 2023-2030 ($M) - Regional Industry Research
19.MENA Electric Mobility Scooter Market By Type Market 2023-2030 ($M)
19.1 Small Scooter Market 2023-2030 ($M) - Regional Industry Research
19.2 Medium Scooter Market 2023-2030 ($M) - Regional Industry Research
19.3 Large Road Scooter Market 2023-2030 ($M) - Regional Industry Research
20.MENA Electric Mobility Scooter Market By Number Of Tire Market 2023-2030 ($M)
20.1 2 Wheeler Market 2023-2030 ($M) - Regional Industry Research
20.2 3 Wheeler Market 2023-2030 ($M) - Regional Industry Research
20.3 4 Wheeler Market 2023-2030 ($M) - Regional Industry Research
20.4 5 Wheeler Market 2023-2030 ($M) - Regional Industry Research
21.MENA Electric Mobility Scooter Market By Battery Type Market 2023-2030 ($M)
21.1 Sla Market 2023-2030 ($M) - Regional Industry Research
21.2 Li-Ion Market 2023-2030 ($M) - Regional Industry Research
21.3 Nimh Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Electric Mobility Scooter Market Revenue, 2023-2030 ($M)2.Canada Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
3.Mexico Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
4.Brazil Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
5.Argentina Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
6.Peru Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
7.Colombia Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
8.Chile Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
9.Rest of South America Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
10.UK Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
11.Germany Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
12.France Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
13.Italy Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
14.Spain Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
15.Rest of Europe Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
16.China Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
17.India Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
18.Japan Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
19.South Korea Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
20.South Africa Electric Mobility Scooter Market Revenue, 2023-2030 ($M)
21.North America Electric Mobility Scooter By Application
22.South America Electric Mobility Scooter By Application
23.Europe Electric Mobility Scooter By Application
24.APAC Electric Mobility Scooter By Application
25.MENA Electric Mobility Scooter By Application
26.Energica Motor Company S P A, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bayerische Motoren Werke Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Ev Rider Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Uk Mobility Group Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Pride Mobility, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Golden Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Zip'R Mobility Solution Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Drive Medical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Merit Co Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Afikim, Sales /Revenue, 2015-2018 ($Mn/$Bn)