Wheelchair Accessible Vehicle Market By Production, Manufacturer, Growth, Supply, Demand, SWOT Analysis Forecast To 2025

Research Reports

Jan 20, 2021

Wheelchair Accessible Vehicle Market – 2019-2025

Market Overview

A wheelchair accessible vehicle is a vehicle in a range of them that have been modified to increase the interior size of the vehicle and to equip it with a means of wheelchair entry such as a wheelchair ramp or powered lift, to allow access. A wheelchair-accessible van refers to a vehicle that is altered by expanding the size of the vehicle interior and then fitting it with a means of entry for wheelchair, such as powered lift or wheelchair ramp. Medical tourism is likely to remain of the important growth factors for the global wheelchair accessible vehicle market over the timeframe of analysis, from 2020 to 2030. In addition, increased financial assistance from federal governments is likely to work in favor of the market.

There has been a tremendous rise in the number if road accidents, which has generated increased demand for wheelchair accessible vehicles. In accordance with the analysis of World Health Organization, road accidents comprise one of the leading causes of disabilities and fatalities across the globe. There have been increased research and development activities by market players to come up with new functionalities and designs, which is likely to trigger growth of the global wheelchair accessible vehicle market over the timeframe of analysis, from 2020 to 2030.

The global wheelchair accessible vehicle market has been segmented on the basis of six important parameters, which are make type, vehicle type, entry configuration, entry mechanism, end use, and region.

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While medical transportation has given significant traction to adoption of wheelchair accessible vehicles, the wheelchair accessible vehicle market is also fueled with increasing demand for wheelchair accessible vehicles for personal use that largely includes transportation of disabled or aged people. Albeit a steady growth, the wheelchair accessible vehicle market is consolidated given a handful of wheelchair accessible vehicles manufacturers that is likely to impact the demand and supply scenario worldwide.

The following manufacturers are covered:
REV Group
Vantage Mobility International
Vehicle Production Group
Toyota Motor
Rollx Vans
Allied Vehicles
BraunAbility
Gowrings Mobility Group

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Global Wheelchair Accessible Vehicle Market: Key Trends

The global wheelchair accessible vehicle market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Prevalence of Disabilities and Road Accidents to Fuel Growth of the Market

Medical transportation has played an important role in generating increased demand for use of wheelchair accessible vehicles. Besides, there has been a rise in the demand for personal use of this product. Increasing number of disable people are making use of product, which is likely to trigger development of the global wheelchair accessible vehicle market over the timeframe of analysis, from 2020 to 2030.

These vehicles come in different sizes, from full sized vans to small cars. Small wheelchair accessible vehicles have been in high demand due to several advantages, such as hassle-free maneuverability, running costs, and economic pricing. In addition, small wheelchair accessible vehicles are economical when it comes to overall cost of running and consumption of fuel.

On the other hand, price intensive nature and high production cost are estimated to impede the growth of the global wheelchair accessible vehicle market. This has led to the emergence of renting facilities, which make services of wheelchair accessible vehicle affordable to a larger base of public.

Table of Content:

1 Study Coverage

2 Executive Summary

3 Breakdown Data by Manufacturers

4 Breakdown Data by Type

5 Breakdown Data by Application

…

11 Company Profiles

12 Future Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis

14 Value Chain and Sales Channels Analysis

15 Research Findings and Conclusion

16 Appendix

Continued …

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