Global Vehicle for Disabled Market - Introduction
Vehicles for disabled are automotive designed and manufactured for disabled people who generally find it difficult to drive conventional vehicles owing to their non-compatible designs and systems. Existing and innovative adaptive technologies continue to provide opportunity for disabled people to drive vehicles safely and comfortably. Vehicles for disabled are customized vehicles equipped with specific features in order to cater to the requirements of people with disability.
Global Vehicle for Disabled Market - Competition Landscape
- In 2018, Vantage Mobility International launched its ‘VMI Honda Pilot Northstar E’ accessible SUV in conjunction with its innovative manual in-floor ramp. The vehicle sets a benchmark for generous wheelchair space, more flexibility during front seat removal, and maneuverability.
Toyota Motor Corporation
Founded in 1937, Toyota Motor Corporation is currently based in Aichi Prefecture, Japan. Toyota Motor Corporation is a prominent automobile company that engages in the design, development, manufacture, assembly, sale, and supply of automotive and automotive accessories worldwide. The company invested over US$ 9.35 billion in research and development in 2017-2018. Toyota Motor Corporation also owns the brand Lexus, a premium segment of vehicles.
To Understand How Our Report Can Bring Difference to Your Business Strategy, Ask for A Brochure
Established in 1963, BraunAbility is presently based in Winamac, Indiana, U.S. The company is a leading manufacturer of wheelchair accessible vehicles and wheelchair lifts for vehicles. It has 1200 employees and caters to customers in over 70 countries across the globe. The company’s products are installed into any kind of vehicle, ranging from public transportation to personal family vehicle. In 2018, the company acquired Europe-based mobility manufacturer, Autoadapt AB, along with its subsidiaries, Unwin and Martech.
Founded in 1997, MobilityWorks is presently headquartered in Richfield, Ohio, U.S. MobilityWorks is a leading provider of wheelchair accessible vans with lifts and commercial fleet vehicles that cater to the community of disabled people. The company has more than 80 consumer showrooms located in 24 states and emphasizes on a face-to-face consulting approach with no charges on consultancy.
Global Vehicle for Disabled Market Dynamics
Demand for enhanced mobility for geriatric and disabled people drives demand for vehicle for disabled
The automotive industry is witnessing rapid technological progress and increasing innovation in vehicles in order to cater to the geriatric population and people with disability. Rising trend to boost mobility for people with disability in order to offer comfortable and safer mode of mobility has led to the introduction of vehicle for disabled. Advent of the vehicle for disabled has made driving a more independent, comfortable, and safer experience for disabled and geriatric people. Moreover, in countries such as the U.S. and Japan, where the geriatric population is a rapidly increasing population segment, the adoption of vehicle for disabled is likely to rise, thereby offering enhanced mobility for geriatric people. This is a major factor that is anticipated to boost the demand for vehicle for disabled in the near future.
Increase in application of vehicle for disabled in developed countries
Vehicles for disabled are considerably expensive, which hampers their adoption in developing and under-developed countries. However, developed countries where the geriatric population is increasing witnessed a significant rise in adoption of these vehicles, owing to the high purchasing capacity, high standard of living, high vehicle driving population, and demand for safer and pleasant drive in these countries. Majority of vehicles for disabled have been witnessed in developed regions and countries such as U.S., Europe, and Japan. Moreover, vehicles for disabled provide a user-friendly option to people with disability. This is anticipated to augment the demand for vehicle for disabled in the near future.
Stuck in A Neck-to-Neck Competition with Other Brands? Request a Custom Report on Vehicle for Disabled Market
Global Vehicle for Disabled Market - Segmentation
Based on manufacturer, the global vehicle for disabled market can be split into
- Third-part Customization
Based on vehicle type, the global vehicle for disabled market can be divided into
- Utility Vehicle
- Pick-up Truck
Based on propulsion, the global vehicle for disabled market can be classified into
- ICE Vehicle
- Hybrid Vehicle
- Electric Vehicle
Based on entry type, the global vehicle for disabled market can be bifurcated into
- Side Entry
- Rear Entry
Based on entry mechanism, the global vehicle for disabled market can be segregated into
The report on the global vehicle for disabled market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The global vehicle for disabled market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The global vehicle for disabled market report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis of the global vehicle for disabled market includes:
- North America
- Latin America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.