Global Wheelchair Accessible Vehicle Market Overview:
A wheelchair accessible vehicles (WAVs) are automobiles which are particularly converted so a wheelchair user can travel either as a passenger or a driver. All wheelchair accessible vehicles start as a standard vehicle and then a specialist engineering company makes a number of fairly substantial alterations to enable a wheelchair user to access and remain in their wheelchair when the vehicle is moving. The size, shape, and design of the WAV will vary reliant on the original vehicle used for the conversion and the specialist company that has converted it, but all WAVs have easy access and offer safe traveling for the wheelchair user. Some of the key players profiled in the study are ATConversions (United States), GM Coachwork (United Kingdom), Advance Mobility (Canada), Freedom Motors USA (United States), Vantage Mobility International (United States), Sirus Automotive Ltd (United Kingdom), AMS Vans Inc. (United States), Sidewinder Conversions & Mobility Ltd. (Canada), Brotherwood Automobility Limited (United Kingdom) and TBC Conversions (United Kingdom).
On the basis of geography, the market of Wheelchair Accessible Vehicle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mode of Entry, the sub-segment i.e. Ramp will boost the Wheelchair Accessible Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle Type, the sub-segment i.e. SUVs will boost the Wheelchair Accessible Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Point of Entry, the sub-segment i.e. Side Entry will boost the Wheelchair Accessible Vehicle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Sense of Independence in Disabled People to Perform Basic Tasks
- Growing Technology in the Automobile Industry
- Favorable Government Initiatives Regarding Wheelchair Accessible Vehicle
- Advanced Mechatronics Systems Helping in Making Wheelchair Accessible Vehicle Converters System Safe, Efficient and Economical
- High Price of Wheelchair Accessible Vehicle
- Growing Trend of Mobility Assisting Devices and Technology
- Difficulty Transitioning Between Drivers
Key players of wheelchair accessible vehicle are focusing on strategic partnerships and new product launch to improve their products and services along with focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Target Audience:Manufacturers of Wheelchair Accessible Vehicles, Suppliers of Raw Materials, Distributors and Retailers of Wheelchair Accessible Vehicles, Automobile Industry, Governmental Bodies and Research Firms
Major Objectives Focused through this Study To define, describe, and forecast the Global Wheelchair Accessible Vehicle market on the basis of product  , application [Personal Use, Public Transport, Medical Transportation and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Wheelchair Accessible Vehicle market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Wheelchair Accessible Vehicle industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Freedom Motors (United States) and Parfit Ltd. (Ireland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Wheelchair Accessible Vehicle market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.