MARKET OVERVIEW
Scooter is built to provide assistance to elder, disabled people or impaired individuals. These scooters works on rechargeable batteries for mobility. It is developed with the purpose to help people whose movement is constrained due to health issues, pain or age. Drivers for the growth of scooter market is, improvement in technology to develop equipment especially for elderly or disabled people like who are having knee problem plus easy to operate and transport because of its light weight, disassemble and folding function.
MARKET SCOPE
The "Global Scooter Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the scooter market with detailed market segmentation by type of scooters, component, size, wheels, weight, and geography. The report provides key statistics on the market status of the leading scooter market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type of scooter, the global Scooter market market is segmented into travel/folding, pavement, and road.
- On the basis of components, the market is segmented into Batteries, Driver & Motors, Electrical Components, Wheels and Others.
- On the basis of size, the market is segmented into classic, mid-size, and full-size.
- On the basis of wheels, the market is segmented into 2-wheels, 3-wheels, 4-wheels, and 5-wheels.
- On the basis of weight, the market is segmented into heavy, weight, and light weight.
MARKET DYNAMICS
Drivers:
- Low operating and maintenance costs
Restraints
- Lack of charging infrastructure
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The scooter market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Scooter market in these regions.
IMPACT OF COVID-19 ON SCOOTER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the scooter market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Scooter market market are anticipated to lucrative growth opportunities in the future with the rising demand for Scooter market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Scooter market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Afikim
- Amc Ltd.
- Amigo Mobility International, Inc.
- Golden Technologies
- Hoveround Corporation
- Pride Mobility Products Corp.
- Stars N Stripes Scooters
- TGA Mobility
- Van Os Medical B.V.
- Vermeiren Group
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
