Electric Wheelchair Tires Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Electric wheelchair, also known as an electric-powered wheelchair, motorized, or powerchair, any seating surface with wheels connected to it that is propelled by an electronic power source such as motors and batteries. Pneumatic or air-filled tires are usually part of larger wheels on electric wheelchairs. If the rubber is rubbed off or broken, tires need to be repaired. These tires can last with proper care and maintenance as long as the tread is in place.
MARKET DYNAMICS
The electric wheelchair tires market is expected to grow significantly in the coming years, due to growing variety of severe diseases and rising number of aging adults. Moreover, increasing technological advancements in support of such patients anticipated to influence the end-user of electric wheelchair.
MARKET SCOPE
The "Electric Wheelchair Tires Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Electric Wheelchair Tires market with detailed market segmentation by product and end-user. The Electric Wheelchair Tires market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Electric Wheelchair Tires market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Electric Wheelchair Tires market is segmented on the basis of product and end-user. Based on product, the market is segmented into dry-battery electric wheelchairs and wet-battery electric wheelchairs. On the basis of end user, the market is categorized as, Hospital and Clinics .
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Electric Wheelchair Tires market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Electric Wheelchair Tires market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric wheelchair tires market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Electric Wheelchair Tires market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Electric Wheelchair Tires market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Electric Wheelchair Tires market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric wheelchair tires market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Electric Wheelchair Tires market in these regions.
MARKET PLAYERS
The report covers key developments in the electric wheelchair tires market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric Wheelchair Tires market are anticipated to have lucrative growth opportunities in the future with the rising demand for electric wheelchair tires in the global market. Below mentioned is the list of few companies engaged in the Electric Wheelchair Tires market.
The report also includes the profiles of key players in electric wheelchair tires market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Schwalbe
- Kenda Tires
- Cheng Shin Rubber
- Primo
- INNOVA
- Continental
- MBL
- Greentyre
- IRC
- CEW
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
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Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
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1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electric Wheelchair Tires Market - By Products
1.3.2 Electric Wheelchair Tires Market - By End-User
1.3.3 Electric Wheelchair Tires Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRIC WHEELCHAIR TIRES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ELECTRIC WHEELCHAIR TIRES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ELECTRIC WHEELCHAIR TIRES MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRIC WHEELCHAIR TIRES - GLOBAL MARKET OVERVIEW
6.2. ELECTRIC WHEELCHAIR TIRES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRIC WHEELCHAIR TIRES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCTS
7.1. OVERVIEW
7.2. PRODUCTS MARKET FORECASTS AND ANALYSIS
7.3. DRY-BATTERY ELECTRIC WHEELCHAIRS
7.3.1. Overview
7.3.2. Dry-Battery Electric Wheelchairs Market Forecast and Analysis
7.4. WET-BATTERY ELECTRIC WHEELCHAIRS
7.4.1. Overview
7.4.2. Wet-Battery Electric Wheelchairs Market Forecast and Analysis
8. ELECTRIC WHEELCHAIR TIRES MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL
8.3.1. Overview
8.3.2. Hospital Market Forecast and Analysis
8.4. CLINIC
8.4.1. Overview
8.4.2. Clinic Market Forecast and Analysis
9. ELECTRIC WHEELCHAIR TIRES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electric Wheelchair Tires Market Overview
9.1.2 North America Electric Wheelchair Tires Market Forecasts and Analysis
9.1.3 North America Electric Wheelchair Tires Market Forecasts and Analysis - By Products
9.1.4 North America Electric Wheelchair Tires Market Forecasts and Analysis - By End-User
9.1.5 North America Electric Wheelchair Tires Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electric Wheelchair Tires Market
9.1.5.1.1 United States Electric Wheelchair Tires Market by Products
9.1.5.1.2 United States Electric Wheelchair Tires Market by End-User
9.1.5.2 Canada Electric Wheelchair Tires Market
9.1.5.2.1 Canada Electric Wheelchair Tires Market by Products
9.1.5.2.2 Canada Electric Wheelchair Tires Market by End-User
9.1.5.3 Mexico Electric Wheelchair Tires Market
9.1.5.3.1 Mexico Electric Wheelchair Tires Market by Products
9.1.5.3.2 Mexico Electric Wheelchair Tires Market by End-User
9.2. EUROPE
9.2.1 Europe Electric Wheelchair Tires Market Overview
9.2.2 Europe Electric Wheelchair Tires Market Forecasts and Analysis
9.2.3 Europe Electric Wheelchair Tires Market Forecasts and Analysis - By Products
9.2.4 Europe Electric Wheelchair Tires Market Forecasts and Analysis - By End-User
9.2.5 Europe Electric Wheelchair Tires Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electric Wheelchair Tires Market
9.2.5.1.1 Germany Electric Wheelchair Tires Market by Products
9.2.5.1.2 Germany Electric Wheelchair Tires Market by End-User
9.2.5.2 France Electric Wheelchair Tires Market
9.2.5.2.1 France Electric Wheelchair Tires Market by Products
9.2.5.2.2 France Electric Wheelchair Tires Market by End-User
9.2.5.3 Italy Electric Wheelchair Tires Market
9.2.5.3.1 Italy Electric Wheelchair Tires Market by Products
9.2.5.3.2 Italy Electric Wheelchair Tires Market by End-User
9.2.5.4 Spain Electric Wheelchair Tires Market
9.2.5.4.1 Spain Electric Wheelchair Tires Market by Products
9.2.5.4.2 Spain Electric Wheelchair Tires Market by End-User
9.2.5.5 United Kingdom Electric Wheelchair Tires Market
9.2.5.5.1 United Kingdom Electric Wheelchair Tires Market by Products
9.2.5.5.2 United Kingdom Electric Wheelchair Tires Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electric Wheelchair Tires Market Overview
9.3.2 Asia-Pacific Electric Wheelchair Tires Market Forecasts and Analysis
9.3.3 Asia-Pacific Electric Wheelchair Tires Market Forecasts and Analysis - By Products
9.3.4 Asia-Pacific Electric Wheelchair Tires Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Electric Wheelchair Tires Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electric Wheelchair Tires Market
9.3.5.1.1 Australia Electric Wheelchair Tires Market by Products
9.3.5.1.2 Australia Electric Wheelchair Tires Market by End-User
9.3.5.2 China Electric Wheelchair Tires Market
9.3.5.2.1 China Electric Wheelchair Tires Market by Products
9.3.5.2.2 China Electric Wheelchair Tires Market by End-User
9.3.5.3 India Electric Wheelchair Tires Market
9.3.5.3.1 India Electric Wheelchair Tires Market by Products
9.3.5.3.2 India Electric Wheelchair Tires Market by End-User
9.3.5.4 Japan Electric Wheelchair Tires Market
9.3.5.4.1 Japan Electric Wheelchair Tires Market by Products
9.3.5.4.2 Japan Electric Wheelchair Tires Market by End-User
9.3.5.5 South Korea Electric Wheelchair Tires Market
9.3.5.5.1 South Korea Electric Wheelchair Tires Market by Products
9.3.5.5.2 South Korea Electric Wheelchair Tires Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electric Wheelchair Tires Market Overview
9.4.2 Middle East and Africa Electric Wheelchair Tires Market Forecasts and Analysis
9.4.3 Middle East and Africa Electric Wheelchair Tires Market Forecasts and Analysis - By Products
9.4.4 Middle East and Africa Electric Wheelchair Tires Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Electric Wheelchair Tires Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electric Wheelchair Tires Market
9.4.5.1.1 South Africa Electric Wheelchair Tires Market by Products
9.4.5.1.2 South Africa Electric Wheelchair Tires Market by End-User
9.4.5.2 Saudi Arabia Electric Wheelchair Tires Market
9.4.5.2.1 Saudi Arabia Electric Wheelchair Tires Market by Products
9.4.5.2.2 Saudi Arabia Electric Wheelchair Tires Market by End-User
9.4.5.3 U.A.E Electric Wheelchair Tires Market
9.4.5.3.1 U.A.E Electric Wheelchair Tires Market by Products
9.4.5.3.2 U.A.E Electric Wheelchair Tires Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electric Wheelchair Tires Market Overview
9.5.2 South and Central America Electric Wheelchair Tires Market Forecasts and Analysis
9.5.3 South and Central America Electric Wheelchair Tires Market Forecasts and Analysis - By Products
9.5.4 South and Central America Electric Wheelchair Tires Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Electric Wheelchair Tires Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electric Wheelchair Tires Market
9.5.5.1.1 Brazil Electric Wheelchair Tires Market by Products
9.5.5.1.2 Brazil Electric Wheelchair Tires Market by End-User
9.5.5.2 Argentina Electric Wheelchair Tires Market
9.5.5.2.1 Argentina Electric Wheelchair Tires Market by Products
9.5.5.2.2 Argentina Electric Wheelchair Tires Market by End-User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL ELECTRIC WHEELCHAIR TIRES MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ELECTRIC WHEELCHAIR TIRES MARKET, KEY COMPANY PROFILES
12.1. SCHWALBE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KENDA TIRES
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHENG SHIN RUBBER
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. PRIMO
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. INNOVA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. CONTINENTAL
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MBL
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. GREENTYRE
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. IRC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. CEW
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Schwalbe
2. Kenda Tires
3. Cheng Shin Rubber
4. Primo
5. INNOVA
6. Continental
7. MBL
8. Greentyre
9. IRC
10. CEW
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.