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The global Wheelchair Accessible Vehicle Converter market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of XX% throughout the estimate period from 2020 to 2027.

Aging baby boomer population and high prevalence of disabilities have fueled the growth of the wheelchair accessible vehicle converter market. In order to cater to the needs of wheelchair users, companies are innovating in advanced ramps and lifts to serve mobility needs of users.

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On the other hand, companies in the wheelchair accessible vehicle converter market are entering into distributor agreement to strengthen supply chain in regions with high growth potential. For instance, leading provider of wheelchair accessible vehicles, Vantage Mobility International (VMI), announced its entry into a distributor agreement with specialist in accessible vehicles, Mobility Networks, to expand their accessible product line in Canada, Mexico, and the U.S.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Wheelchair Accessible Vehicle Converter market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Wheelchair Accessible Vehicle Converter market growth.

The global Wheelchair Accessible Vehicle Converter market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Brotherwood Automobility Limited

Kirchoff Mobility

Vantage Mobility International, Braun Corp. of Winamac, Ind.

Rollx Vans

Freedom Motors USA

AMS Vans

GM Coachwork Ltd.

LLC

Universal Motions

Growings Mobility Group Limited

Allied Mobility

Sirius Automotive Ltd.

Savaria

Tripod Mobility

Autech Japan, Inc.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

The global wheelchair accessible vehicle converter market has been segmented based on entry configuration, mode of entry, vehicle, and region

Based on entry configuration, the rear entry segment held a leading share of the wheelchair accessible vehicle converter market. Rear entry wheelchair accessible vehicles are highly preferred, as they are more cost-effective as compared to wheelchair lifts. Rear entry is a viable option for passengers who are occupants and not drivers. Rear entry also allows usage of ramp with a less steep slope. The side entry segment is projected to expand significantly, owing to a rise in the number of people with disability who opt to drive and occupy the driver’s seat.

In terms of mode of entry, the ramp segment held a notable share of the wheelchair accessible vehicle converter market, as ramp systems are easy to operate, require less space, and can be easily accommodated in smaller vehicles. Various types of wheelchair lifts such as vertical lifts, platform lifts, and hydraulic lifts are available. The wheelchair lift operates like a one-person elevator, and facilitates safe and slow mounting of the wheelchair into the vehicle. Lifts are versatile, made from lightweight material, and comprise a folding mechanism. The lift segment of the wheelchair accessible vehicle converter market is estimated to expand at a considerable growth rate during the forecast period.

Based on vehicle, the vans segment accounted for a dominant share of the global wheelchair accessible vehicle converter market. A van has more space, more roof height as well as low clearance and hence, it is preferred for conversion. Rise in consumer interest in SUVs, crossovers, and sedans is anticipated to boost the wheelchair accessible vehicle converter market during the forecast period. SUVs, such as Honda Pilot, CR-V, Ford Explorer MWV, General Motor Yukon, Tahoe, and Suburban, are popular models to convert into wheelchair accessible vehicles.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America

 U.S.

 Canada

• Europe

 Germany

 U.K.

 Italy

 France

 Rest of EU

• Asia Pacific

 China

 India

 Japan

 Southeast Asia

 Rest of APAC

• Central & South America

 Brazil

 Argentina

 Rest of Central & South America

• Middle East and Africa

 UAE

 Saudi Arabia

 Rest of MEA

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