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Global Electric Scooter Lift and Carrier Market

Global Electric Scooter Lift and Carrier Market is anticipated to reach US$ 187.29 Bn by 2027 from US$ 143 Bn in 2019 at a CAGR of 4.6% during a forecast period.
Global Electric Scooter Lift and Carrier Market Overview

An electric scooter carrier lift is a device that assists persons with physical limitations in transporting a scooter or wheelchair. The electric scooter lift and carrier aid with long-distance travel by putting the scooter or wheelchair on the exterior or interior of the transporting vehicle. The safety provided by this equipment can reduce the dangers associated with transferring the scooter outside, as elevator component failure can severely harm the scooter or wheelchair.

Global Electric Scooter Lift and Carrier Market

Global Electric Scooter Lift and Carrier Market

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The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.
Global Electric Scooter Lift and Carrier Market Dynamics

The increased demand for mobility electric scooters, along with the creative alternatives available, makes it simple to transport these vehicles across long distances. In response to growing product demand, electronic control systems, material strength, and crane systems have all experienced significant functional and technical advancements. Previously, electric scooter lift and carrier equipment were handled manually. Manufacturers, on the other hand, have begun to use technology advancements to merge several functions and automate these devices. Hydraulic technology, for example, has made the lifting process more automated and simple.

In addition, incentives and initiatives to support the use of electric scooters by various governments and non-governmental organizations are likely to positively affect market growth. The increasing usage of electric mobility scooters is expected to increase demand for lifts and carrier systems. Electric mobility scooters are vehicles extensively used by individuals with physical disabilities for short-haul transit. In the developed and developing regions, the increased population of elderly people, as well as the increasing availability of solutions for disabled individuals, are expected to drive the growth of the market.

Global Electric Scooter Lift and Carrier Market 1
COVID-19 Impact on the Global Electric Scooter Lift and Carrier Market

The COVID pandemic has had a substantial influence on the market, with more than 44 percent of unit sales hampered due to interruptions in manufacturers' shipping capacity as a result of strict lockdown rules. Furthermore, as a result of strict lockdown conditions throughout the world, the global electric scooter lift and carrier market has been impacted by supply chain interruptions, demand destruction, and changes in consumer behavior.

COVID-19 negatively affected the sales of electric scooter lifts and carriers by stopping travel, tourism, and mobility in general. In 2020, electric scooter lifts and carriers dropped around 6 percent compared to the previous figure. However, with the expected recovery from the epidemic, the market is likely to grow in 2021.
Global Electric Scooter Lift and Carrier Market Segmentation Analysis

By Type, The exterior segment dominated the market in terms of revenue in 2019, with a share of 63.3 percent, and is expected to grow at a CAGR of xx percent during the forecast period. The advantages that these devices bring, such as the ability to reduce boot space, can be attributed to the segment's growth. On the rear of tiny hatchbacks and sedans, electric scooter lifts and carriers must are hitched. As a result, external lifts benefit a variety of vehicles, which is likely to boost the market growth.

By End-user, Individual consumers held more than 60% of the demand for electric scooter lifts and carriers in 2019. The segment's rise is due to causes such as revenue from old age homes, the convenience of transporting scooters or wheelchairs, and the growing aging population.

Global Electric Scooter Lift and Carrier Market 2
Global Electric Scooter Lift and Carrier Market Regional Insights

Global Electric Scooter Lift and Carrier Market 3

North America dominated the global market in 2019 with a 42 percent share and is expected to continue its dominance during the forecast period. This growth can be ascribed to the region's high product demand. Also, the existence of well-known firms that make items by the criteria established by local regulatory bodies is expected to help the region's growth. Electric scooter lifts and carriers are being purchased by the obese population in the United States, in addition to the geriatric and handicapped populations. The United States is expected to account for approximately 24 percent of the global Electric Scooter Lift and Carrier Market during the forecast period.

In 2019, Japan accounted for more than 7% of the global market. In Japan, around 28% of the entire population is above the age of 65. In addition, Japan's well-established healthcare infrastructure, as well as a significant percentage of the family budget dedicated to senior care, make it an excellent market for the sale of electric scooter lifts and carriers.

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Global Electric Scooter Lift and Carrier Market Scope:
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Global Electric Scooter Lift and Carrier Market 4
Global Electric Scooter Lift and Carrier Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Electric Scooter Lift and Carrier Market Key Players

• Bruno Independent Living Aids, Inc.
• Harmar Mobility LLC
• Pride Mobility Types Corp
• EZ Carrier LLC
• Magneta Trailers, Inc
• Ford Smart Mobility LLC (Ford Motor Company)
• Pride Mobility Products Corporation,
• EZ Carrier
• Bruno Independent Living Aids, Inc
• Harmar Mobility LLC
• Magneta Trailers Inc
• All-Terrain Medical & Mobility LLC
• Wheelchair Carrie
• Titan Manufacturing and Distributing Inc
• ABB
Frequently Asked Questions

1. What is the projected market size & growth rate of the Global Electric Scooter Lift and Carrier Market?

Ans- Electric Scooter Lift and Carrier Market was valued at USD 143 Billion in 2019 and is projected to reach USD 187.29 Billion by 2027, growing at a CAGR of 4.6% during the forecast period.

2. What are the key driving factors for the growth of the Global Electric Scooter Lift and Carrier Market?

Ans- The major drivers for this market are increasing demand for mobility equipment, ease of carrying scooters or wheelchairs, and the rising aging population.

3. Which region accounted for the largest Global Electric Scooter Lift and Carrier market share?

Ans- North America dominated the global market in 2019 with a 42 percent share and is expected to continue its dominance during the forecast period. This growth can be ascribed to the region's high product demand. Also, the existence of well-known firms that make items by the criteria established by local regulatory bodies is expected to help the region's growth.

4. What Makes Japan a Lucrative Market for the Global Electric Scooter Lifts and Carriers?

Ans- In addition, Japan's well-established healthcare infrastructure, as well as a significant percentage of the family budget dedicated to senior care, make it an excellent market for the sale of electric scooter lifts and carriers.

5. What are the top players operating in the Global Electric Scooter Lift and Carrier Market?

Ans- The major players operating in the WES market include Bruno Independent Living Aids, Inc., Harmar Mobility LLC, Pride Mobility Types Corp, EZ Carrier, Magneta Trailers, Inc, Ford Smart Mobility LLC (Ford Motor Company), Pride Mobility Products Corporation, EZ Carrier, Bruno Independent Living Aids, Inc

 

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