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Wheelchair Accessible Vehicle Market Outlook with Future Scenario Estimation till 2028
According to the research report on wheelchair accessible vehicle market, it is projected to expand at a steady CAGR of 5.4% throughout the period of assessment with respect to value, 2018-2028.

BriefingWire.com, 7/11/2018 - Medical tourism continues to influence the adoption of wheelchair accessible vehicles coupled with financial assistance from federal governments. According to World Health Organization (WHO) analysis, road accidents are one of the leading causes of mortalities and disabilities. Furthermore, while medical transportation has given significant traction to adoption of wheelchair accessible vehicles, the wheelchair accessible vehicle market is also fueled with increasing demand for wheelchair accessible vehicles for personal use that largely includes transportation of disabled or aged people. Albeit a steady growth, the wheelchair accessible vehicle market is consolidated given a handful of wheelchair accessible vehicles manufacturers that is likely to impact the demand and supply scenario worldwide.

Request Free Sample Copy of the Report @ www.factmr.com/connectus/sample?flag=S&rep_id=912

Understanding key aspects of the wheelchair accessible vehicle market, Fact.MR has come up with a new research report that comprehensively describes vital factors influencing growth, both in a negative and in a positive manner. According to the research report on wheelchair accessible vehicle market, it is projected to expand at a steady CAGR of 5.4% throughout the period of assessment with respect to value, 2018-2028.

Wheelchair Accessible Vehicle Market: Small Yet Big

Wheelchair accessible vehicles come in varying sizes from small cars to full sized vans. Of these, the small wheelchair accessible vehicles have gained higher traction since the past couple of years, given their various benefits revolving around pricing, running costs and maneuverability. As compared to full sized wheelchair accessible vehicles, small counterparts are fairly priced offering similar operational efficiency and convenience.

Wheelchair Accessible Vehicle Market: Consolidation and Cost – A Major Challenge

Consolidated wheelchair accessible vehicle market is expected to face a huge challenge with respect to supply and demand scenario, as the overall market represents only a handful of wheelchair accessible vehicles manufacturers. Wheelchair accessible vehicles manufacturing involves various stages along with involvement of trained personnel. That said, the cost of production of wheelchair accessible vehicles is relatively higher than standard vehicles, making them price intensive. This is expected to pose challenges with respect to adoption of wheelchair accessible vehicles, in turn restraining the growth of the wheelchair accessible vehicle market.

Browse Complete Report with TOC @ www.factmr.com/report/912/wheelchair-accessible-vehicle-market

Wheelchair Accessible Vehicle Market: Lucrativeness of North America to Yield Super Growth

According to United States Census Bureau, around 20 percent of people in the US (about 2.35 million) are suffering from disabilities. This has translated into increasing adoption of wheelchair accessible vehicles in the region, with a large concentration in United States, given its favorable transportation infrastructure.

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