Global Review on Electric Wheelchair (Semiconductors Market) - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
"Electric
Wheelchair Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Electric wheelchairs are the battery powered wheelchairs which do
not require any external human assistance for mobility. The user
alone can control the movements with various input devices such as
joysticks, touch pads and other devices. Electric wheelchairs provide
multiple functionalities to assist the user in both indoor and
outdoor activities with nominal human effort. Electric wheelchairs
are not only used by people with traditional mobility impairments but
also by those with cardiovascular conditions. Electric wheelchairs
are sophisticated products and reflect to the lifestyle of the users.
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The global electric wheelchair market is expected to witness
substantial growth during the forecast period. The increase in aging
population globally is stimulating the growing demand for electric
wheelchair. In addition, the growing demand for advanced wheelchairs
from the sports industry is also influencing the growth of this
market. Need for automated mobility for disabled and elderly
population, while performing regular tasks is also contributing to
the growth in demand for electric wheelchairs globally. High
disposable income in countries such as the U.S., Canada, the U.K.,
France, Italy, Germany, and Japan is influencing a positive growth to
the electric wheelchair market.
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The developing economies like India,
China, Brazil, Indonesia and others are expected to generate further
demand for electric wheelchairs in the future. With technological
advancement in the electric wheelchair industry, new products are
being developed by the manufacturers with better efficiencies,
functionalities and customization. The sports industry has recently
seen participation of disabled people in wheelchair based games, both
indoor and outdoor. Thus, a major share of the electric wheelchair
market is boosted by the demand from the sports industry globally.
There are some challenges which the industry faces and few of those
have high impacts presently such as lack of awareness and
infrastructure. However, it is expected that the impacts of these
factors is expected to reduce during the forecast period.
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In this report, the market has been
segmented based on product type and geography. It also includes
drivers, restraints and opportunities (DROs), Porter’s five forces
analysis and value chain of the electric wheelchair market. The study
highlights current market trends and provides the forecast from 2014
to 2020. The report covers the current market scenario for electric
wheelchairs and highlights future trends that could affect the demand
for the same. The global electric wheelchair market is expected to
observe a steady growth rate from 2014-20120 at a very high CAGR.
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By geography, the market has been
segmented into North America, Europe, Asia Pacific and Rest of the
World (RoW). Based on the product types, the market has been
categorized into front wheel drive wheelchairs, center wheel drive
wheelchairs, rear wheel drive wheelchairs and standing electric
wheelchairs. The market size and forecast from 2014 to 2020 have been
provided in the report.
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The report also analyzes macroeconomic
factors influencing and inhibiting the growth of the electric
wheelchair market. Porter’s five forces analysis offers insight
into the market competition throughout its value chain. The market
attractiveness analysis provided in the report highlights key
investing areas in this industry. The report will help manufacturers,
suppliers and distributors understand the present and future trends
in this market and formulate their strategies accordingly.
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This study includes the profiles of key
players in the market and the strategies adopted by them to sustain
in the competition. Recent developments and barriers of the market is
expected to help emerging players to design their strategies in an
effective manner. The study is expected to help key players in
broadcast electric wheelchair manufacturers to formulate and develop
new strategies. The key participants in this market are Invacare
Corp., Pride Mobility Products Corp., Sunrise Medicals, Permobil
Corp., Handicare, Ottobock Healthcare GmbH, Medort, Drive Medicals
Ltd., Hoveround Corp.
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Global Electric
Wheelchair Market: By Product Types
- Front Wheel Drive electric wheelchair
- Center Wheel Drive electric wheelchair
- Rear Wheel Drive electric wheelchair
- Standing electric wheelchair
- Others
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Global Electric
Wheelchair Market: By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world (RoW)
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