Travel mobility scooters or power scooters are lightweight, compact and portable mobility devices to assist people with limited mobility or disabilities. Powered by rechargeable batteries, they enable users to travel independently. Mobility scooters allow users to enjoy recreational activities and social interactions easily. They are available in different seating options, speeds and transportation capabilities.

The global travel mobility scooter market is estimated to be valued at US$8 Bn in 2024 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
Increasing geriatric population is one of the major drivers boosting the growth of travel mobility scooter market. As per the United Nations, the world's population aged 60 years or above is expected to double from 12% to 22% between 2015 and 2050. Ageing diminishes physical abilities requiring assistive devices like mobility scooters for daily activities. Mobility scooters help senior citizens to commute independently without depending on others. Additionally, growing prevalence of disabilities worldwide also contributes to the market growth. Scooters enable disabled individuals to participate actively in social activities and maintain their quality of life.

SWOT Analysis

Strength: Travel mobility scooters provide independence and mobility to elderly and disabled people with reduced mobility. They are compact, portable and lightweight, making them easy to transport and store. Many modern models are durable and able to handle varied terrains.
Weakness: Mobility scooters require regular maintenance and servicing of batteries. The battery life is limited and needs recharging. Certain models may not be suitable for outdoor/uneven surfaces or steep inclines.
Opportunity: Rising aging population globally increases the potential customer base for mobility scooters. Growing health awareness and demand for active lifestyles among seniors open up opportunities. Travel and outdoor recreational activities boost demand.
Threats: Low-cost alternatives such as wheelchairs pose pricing challenges. Stringent regulations regarding use and licensing in public areas hamper demand. Technological advancements in alternatives such as exoskeletons present competition.

Key Takeaways

The global travel mobility scooter market is expected to witness high growth. The global travel mobility scooter market is estimated to be valued at US$8 Bn in 2024 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 to 2030.

The Asia Pacific region currently dominates the market backed by rapidly growing elderly population countries like China and Japan. China accounted for over 30% share of the Asia Pacific market in 2023 due to rising focus on elderly care.

Key players operating in the travel mobility scooter market are Pride Mobility Products Corp, Golden Technologies, Electric Mobility, Amigo Mobility International, Quingo, Van Os Medical, Afikim Electric Vehicles, Hoveround Corporation, Kymco, and Invacare. Pride Mobility Products leads global sales with wide product range catering to various mobility needs. Golden Technologies focuses on lightweight, portable models expanding in travel and outdoor markets.