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North America is expected to hold a significant share in the overall market of mobility scooters over the forecast period. This can be attributed to the increasing prevalence of mobility disorders such as arthritis and other problems related to ageing amongst the geriatric populations. In addition to this, owing to the flourishing medical sector of countries like the US and Canada, governmental subsidies such as the Affordable Care Act in the United States, and thoughtful financial measures such as easy availability of credit is further augmenting the growth in the region. Advancements in product designs, including innovative designs and lightweight materials, are further expected to augment the market growth of mobility scooters in the coming years.
The market growth of mobility scooters is being driven by the development of advanced products by the leading market players such as Golden Technologies, Inc. (NSE: GOLDTECH) and Afikim Electric Vehicles Ltd. Afikim Electric Vehicles Ltd., a leading company in the global market for mobility scooters, offers a range of mobility electric scooters that offer high quality assurance standards and comply with the international standards. Sold under the name, Afisccoter, the mobility vehicles by Afikim Electric Vehicles Ltd. are available in stylish designs and are integrated with advanced technology to provide ease of operation. Keeping in view the safety and convenience of the driver, the mobility scooters offer adjustable suspension and orthopaedic seating to ensure a smooth, safe, and comfortable ride. In addition to this, the company offers a worldwide distribution network that offers local technical support and the highest standards of service. Hence, such developments by leading market players are invigorating the market growth of mobility scooters.
Market Analysis by Type, Range, Number of Wheels, and Region:
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The major players in the global mobility scooters market are Afikim Electric Vehicles Ltd., Amigo Mobility International Inc., EV Rider LLC, Golden Technologies, Inc., and Quingo, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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