The vehicles for disabled market is projected to grow at a CAGR 10.08% rate during the forecast period. Increasing emphasis on providing equality to disabled people in terms of accessibility & mobility solution and improving healthcare infrastructure in developing countries is expected to boost the market.
Mobility scooter segment is estimated to be the fastest-growing market. 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.
Asia Pacific market is expected to register the fastest growth during the forecast period. Asia Pacific is expected to witness the fastest growth, followed by Europe and North America during the forecast period. The market growth in the region can also be attributed to the increasing developments in healthcare infrastructure, increasing awareness towards mobility solution along with several initiatives by private organizations as well as governments of the countries.
Japan €™s growing aged population and government initiatives are driving the expansion of advanced technology for vehicles made for disabled people in the country. Toyota is leading the market for such vehicles in Japan. The company has invested heavily to develop autonomous vehicles for disabled people.
North America is expected to be the largest market, followed by Europe. The region comprises developed economies such as the US and Canada. The region is the home of many leading players such as Vantage Mobility International, Braunability, Revability, Inc., and Mobility Works.
Key Market Players Toyota Motor Corporation (Japan), Vantage Mobility International (US), BraunAbility (US), Revability (US), and Mobility Works (US).
2. Research Methodology
Limitation and Assumptions
3. Executive Overview
4. Market Overview
5. Global Vehicle Market for Disabled People, By Vehicle Type
6. Global Vehicle Market for Disabled People, By Entry Configuration
7. Global Vehicle Market for Disabled People, By Ownership
Rental, Lease & Hire
8. Global Vehicle Market for Disabled People, By Manufacturer Type
Third Party Customization
9. Global Vehicle Market for Disabled People, By Region
Rest of Europe
Rest of APAC
Rest of Middle East
Rest of the World
10. Company Profiles
Vantage Mobility International
Advanced Mobility Products
Electric Mobility Euro
Van Os Medical