A personal mobility device (PMD) is a compact, lightweight vehicle designed to transport individuals over short to medium distances. These devices are typically electric-powered and come in various forms, such as electric scooters, wheelchairs, hoverboards, and e-bikes. Personal mobility devices are gaining popularity due to their convenience, eco-friendliness, and ability to provide a practical solution …
Tag Archives: Personal Mobility Devices Market
Personal Mobility Devices Market Set for 9% CAGR Growth by 2033 | FMI
The market for personal mobility devices is projected to be worth US$ 12.71 billion in 2023 and US$ 30 billion by 2033. From 2023 to 2033, the use of personal mobility devices is anticipated to increase at a CAGR of 9%. As urban landscapes evolve, the market’s potential expands beyond traditional scooters and wheelchairs. Micro-mobility solutions, such as compact electric skateboards and …
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Personal Mobility Devices Market to Garner US$ 12 Bn , Globally, by 2030 at 6.0% CAGR: Future Market Insight
Future Market Insights (FMI) in its recent study projects the personal mobility devices market to rise at a CAGR of 6% between 2020 and 2030. The market is expected to witness high demand for canes, crutches, wheelchairs, and other devices. Besides this, experts at FMI forecast the sales of mobility scooters to surge, driven by the increasing …