Vehicles For Disabled Market

Global Vehicles For Disabled Market Size (2024 to 2032)

The global vehicles for the disabled market was expected to be valued at USD 4.3 billion in 2023 and is anticipated to reach USD 4.79 billion in 2024 from USD 11.38 billion by 2032, growing at a CAGR of 11.42% From 2024 to 2032.

Vehicles for the disabled are automobiles designed for people with disabilities who find it difficult to drive regular vehicles due to incompatible systems and styles. This vehicle features a self-navigating wheelchair which benefited from maneuvering the disabled person. It's equipped with electronic components like a scanning ultrasonic range finder, onboard microcomputer, camera, et al. They encompass driving options like driving in wheelchairs, swivel seats, and standard seats.

Rising emphasis on providing equality to disabled people in terms of accessibility & mobility solution and making better healthcare infrastructure in developing countries is predicted to spice up the market.

Market Drivers

The global vehicles for the disabled market are increasing due to the increasing government initiatives in developing mobility services, infrastructure facilities, and providing simple accessibility. Additionally, the innovations in technology and hiking cater to people with disability, and the geriatric population is another factor imposing a positive outlook on market growth. However, the rising need for safety and quality health services contributed to the expansion of the business.

Market Restraints

The high cost related to the vehicles and lack of medical reimbursement are factors restraining the expansion of the worldwide market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Vehicles For Disabled Market By Vehicle Type

The mobility scooter segment is predicted to grow fastest among others during the foreseen period. Mobility scooters are electric variants that represent low cost and offer the ability to travel indoors and outdoors. People with disability choose mobility scooters over electric wheelchairs because of better efficiency and less manual effort needed. Many mobility scooter manufacturers are funding research & developments to bring more innovative products to draw in disabled people. There are various advancements to make mobility scooters more efficient. As an example, mobility scooters can move at a speed of 4 to 8 mph, and therefore, the seats of those scooters are adjustable and consistent with the person's peak. Factors like rising government initiatives & schemes, an increase in the number of orthopedic diseases, and technological advancement are more likely to propel the market of mobility scooters for the disabled.

Global Vehicles For Disabled Market By Driving Option

Increasing technology within the industry has significantly facilitated the supply of quick access for a wheelchair in an automobile. Wheelchair-accessible vehicle converters have created a way of independence for people affected by mobility disabilities. Disabled persons and their families are more likely to put in such systems to support comfortable commuting over modified vehicles. The critical trend of wheelchair-accessible vehicle converters is a hiking sense of independence in disabled people to perform basic tasks like driving cars on their own. Advanced mechatronics systems are helping to make wheelchair-accessible vehicle converter systems safe, efficient, and economical. An increasing trend of mobility assisting devices and technology further boosts the business.

REGIONAL ANALYSIS

North America is predicted to be the most critical market in vehicles for the disabled. The region comprises developed economies like the US and Canada. The area is the home of many leading players like Vantage Mobility International, Braunability, Revability, Inc., and Mobility Works. There are various government and personal associations within the US working for disabled people. The association includes Accessible Vans of America (AVA), the National Mobility Equipment Dealers Association (NMEDA), the National Highway Traffic and Transportation Safety Administration (NHTSA), and Wheelers Accessible Van (WAV) Rentals. Factors like technological advancements for better fuel efficiency and, therefore, the advent of electric vehicles for disabled people have, in turn, augmented the demand for such cars in this region. Leading car-sharing service providers in the major US and Canada are finding ways to take advantage of the exciting opportunities within the market through the introduction of WAV taxi services.

The Asia Pacific vehicles for the disabled market is predicted to witness the fastest growth during the forecast period. The market growth within the region can be attributed to the increasing developments in healthcare infrastructure, spreading awareness towards mobility solutions alongside several initiatives by private organizations and governments of the countries. Moreover, Japan’s expanding aged population and government initiatives are driving the growth of advanced technology for vehicles made for disabled people within the nation. Toyota is leading the marketplace for such vehicles in Japan. The corporation has invested heavily in developing autonomous cars for disabled people.

KEY MARKET PLAYERS

Toyota Motor Corporation (Japan), Vantage Mobility International (US), BraunAbility (US), Revability (US), Mobility Works (US), Pride Mobility (US), Sunrise Medical Holdings (Germany), Invacare (US), KYMCO Global (Taiwan), Amigo Mobility International (US). These are some of the market players that are dominate the global vehicles foe disabled market.

RECENT DEVELOPMENTS IN THE GLOBAL VEHICLE FOR DISABLED MARKET

• Laws are alleged to benefit citizens. But an amendment made to the Central automobiles Acts to make sure that folks with disabilities can have a secure ride on the road has hit a roadblock because the state doesn't have any authorized facility to certify modifications made to two-wheelers and four-wheelers.
• India's largest car producer Maruti will launch a singular model, albeit for a social cause and not for any commercial motive. the corporate is ready to roll out, the "ZEN AX EASY DRIVE" the country's first unique car for disabled people.
• Global ride-hailing company Uber has announced the launch of two new unique products, uberACCESS and uberASSIST, in India (Bengaluru), supported by Mphasis, a number one cloud and cognitive services provider, as a neighborhood of their Corporate Social Responsibility (CSR) initiative.

DETAILED SEGMENTATION OF THE GLOBAL VEHICLE FOR DISABLED MARKET INCLUDED IN THIS REPORT

This research report on the global vehicle for the disabled market has been segmented and sub-segmented into the following categories. 

By Vehicle Type

• Passenger Car 
• SUV/MPV 
• Pick-up Truck 
• Mobility Scooter 

By Manufacturer Type

• OEM 
• Third-Party Customization 

By Entry Configuration

• Side Entry 
• Rear Entry 

By Entry Mechanism

• Ramp 
• Lifting Equipment 

By Driving Option

• Driving on the Swivel Seat 
• Driving through Wheelchair 
• Driving on a Normal Seat 

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa