Market Forecast By Vehicle Type (Passenger Car, SUV/MPV, Pick-up Truck, Mobility Scooter), By Manufacturer Type (OEM, Third-Party Customization), By Entry Configuration (Side Entry, Rear Entry), By Entry Mechanism (Ramp, Lifting Equipment), By Driving Option (Driving on Swivel Seat, Driving through Wheelchair, Driving on Normal Seat) And Competitive Landscape
Product Code: ETC173481 | Publication Date: Jan 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Vehicles For Disabled market currently, in 2023, has witnessed an HHI of 3544, Which has decreased slightly as compared to the HHI of 4040 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Brazil Vehicles for disabled Marketย |
Forecast period | 2024-2030 |
CAGR | 7.2% |
Growing Sector | Personal Mobilityย |
The Brazil Vehicles for disabled Market report thoroughly covers the market by Vehicle Type, By Manufacturer Type, By Entry Configuration, By Entry Mechanism and By Driving Option. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Vehicles for disabled Market has seen significant growth over the past few years, driven by a combination of regulatory changes, increased awareness, and advancements in vehicle modification technologies. New legislation aimed at improving accessibility and offering tax incentives for the purchase of adapted vehicles has played a crucial role. Manufacturers and modification service providers are now offering a wider range of options than ever before, catering to various disabilities and mobility challenges. This market expansion has improved transportation options for individuals with disabilities.
According to 6Wresearch, the Brazil Vehicles for disabled Market size is expected to grow at a CAGR of 7.2% during the forecast period 2024-2030. The growth is driven by a combination of factors such as rising awareness regarding the mobility needs of disabled individuals, coupled with increasing governmental support in the form of legislation and incentives, underscores this positive trend. The country has seen a notable surge in demand for vehicles equipped with adaptive technologies, such as hand controls for drivers with lower-limb disabilities and ramp-equipped vehicles for wheelchair users. However, this market also faces challenges, including high costs of adaptation and a lack of widespread availability of such vehicles, which can limit access for many potential users. Despite these hurdles, the Brazil Vehicles for disabled Market Growth is bolstered by technological advancements and a growing commitment from vehicle manufacturers to develop more inclusive mobility solutions. The emergence of electric and autonomous vehicles, offering new possibilities for customization to meet the needs of disabled drivers, exemplifies the innovative pathways the market is exploring.
Several companies in the Brazil vehicles for disabled industry have emerged as key contributors to the market's growth. Companies such as Braun Ability, VMI (Vantage Mobility International), Adapt Solutions, and El Dorado Mobility have established themselves as leading providers of wheelchair-accessible vehicles and mobility solutions adapted to the specific needs of disabled people.
The market for vehicles adapted for disabled individuals is significantly influenced by government policies and regulations aimed at improving accessibility and mobility for this segment of the population. The National Congress of Brazil has enacted laws to facilitate the acquisition of vehicles by people with disabilities, offering tax benefits that drastically reduce the purchase cost. Notable regulations include exemption from the Industrialized Product Tax (IPI) and the Tax on Motor Vehicles (ICMS), which can lower the cost of a new vehicle by up to 30%. In addition, the government has mandated that car manufacturers and dealerships provide accessible vehicles and adapt existing models to meet the needs of disabled drivers and passengers. These initiatives not only underscore Brazil's commitment to inclusivity but also stimulate the development of a specialized market for adapted vehicles, encouraging innovation and customization in the automotive industry.
The future of the market is bright due to a mix of technology advances, shifting consumer tastes, and an increasing emphasis on inclusivity. AI-powered assistive technologies, smart accessibility features, and customisable mobility solutions are projected to transform the landscape of vehicles designed for the disabled, providing more safety, comfort, and freedom. Furthermore, increased collaboration among manufacturers, government agencies, and advocacy groups is likely to raise awareness and support for accessible transportation solutions, resulting in additional market growth.
According to Dhaval, Research Manager, 6Wresearch, the SUV/MPV (Sports Utility Vehicle/Multi-Purpose Vehicle) sector is expected to expand over the years. This development can be ascribed to SUVs and MPVs' versatility, spaciousness, and adaptability, which allow for wheelchair accessibility upgrades and provide a comfortable and convenient transportation solution for disabled people.
The market segmentation by Manufacturer Type shows that the Third-Party Customisation category is likely to grow rapidly. This expansion is being driven by an increased demand for customised and bespoke solutions to address the unique accessibility requirements of disabled people.
The Ramp entrance method is anticipated to dominate the Brazil Vehicles for disabled Market Share over the forecast period.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Vehicles for disabled Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Vehicles for disabled Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Vehicles for disabled Market - Industry Life Cycle |
3.4 Brazil Vehicles for disabled Market - Porter's Five Forces |
3.5 Brazil Vehicles for disabled Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
3.6 Brazil Vehicles for disabled Market Revenues & Volume Share, By Manufacturer Type, 2020 & 2030F |
3.7 Brazil Vehicles for disabled Market Revenues & Volume Share, By Entry Configuration, 2020 & 2030F |
3.8 Brazil Vehicles for disabled Market Revenues & Volume Share, By Entry Mechanism, 2020 & 2030F |
3.9 Brazil Vehicles for disabled Market Revenues & Volume Share, By Driving Option, 2020 & 2030F |
4 Brazil Vehicles for disabled Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Vehicles for disabled Market Trends |
6 Brazil Vehicles for disabled Market, By Types |
6.1 Brazil Vehicles for disabled Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Vehicles for disabled Market Revenues & Volume, By Vehicle Type, 2020 - 2030F |
6.1.3 Brazil Vehicles for disabled Market Revenues & Volume, By Passenger Car, 2020 - 2030F |
6.1.4 Brazil Vehicles for disabled Market Revenues & Volume, By SUV/MPV, 2020 - 2030F |
6.1.5 Brazil Vehicles for disabled Market Revenues & Volume, By Pick-up Truck, 2020 - 2030F |
6.1.6 Brazil Vehicles for disabled Market Revenues & Volume, By Mobility Scooter, 2020 - 2030F |
6.2 Brazil Vehicles for disabled Market, By Manufacturer Type |
6.2.1 Overview and Analysis |
6.2.2 Brazil Vehicles for disabled Market Revenues & Volume, By OEM, 2020 - 2030F |
6.2.3 Brazil Vehicles for disabled Market Revenues & Volume, By Third-Party Customization, 2020 - 2030F |
6.3 Brazil Vehicles for disabled Market, By Entry Configuration |
6.3.1 Overview and Analysis |
6.3.2 Brazil Vehicles for disabled Market Revenues & Volume, By Side Entry, 2020 - 2030F |
6.3.3 Brazil Vehicles for disabled Market Revenues & Volume, By Rear Entry, 2020 - 2030F |
6.4 Brazil Vehicles for disabled Market, By Entry Mechanism |
6.4.1 Overview and Analysis |
6.4.2 Brazil Vehicles for disabled Market Revenues & Volume, By Ramp, 2020 - 2030F |
6.4.3 Brazil Vehicles for disabled Market Revenues & Volume, By Lifting Equipment, 2020 - 2030F |
6.5 Brazil Vehicles for disabled Market, By Driving Option |
6.5.1 Overview and Analysis |
6.5.2 Brazil Vehicles for disabled Market Revenues & Volume, By Driving on Swivel Seat, 2020 - 2030F |
6.5.3 Brazil Vehicles for disabled Market Revenues & Volume, By Driving through Wheelchair, 2020 - 2030F |
6.5.4 Brazil Vehicles for disabled Market Revenues & Volume, By Driving on Normal Seat, 2020 - 2030F |
7 Brazil Vehicles for disabled Market Import-Export Trade Statistics |
7.1 Brazil Vehicles for disabled Market Export to Major Countries |
7.2 Brazil Vehicles for disabled Market Imports from Major Countries |
8 Brazil Vehicles for disabled Market Key Performance Indicators |
9 Brazil Vehicles for disabled Market - Opportunity Assessment |
9.1 Brazil Vehicles for disabled Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
9.2 Brazil Vehicles for disabled Market Opportunity Assessment, By Manufacturer Type, 2020 & 2030F |
9.3 Brazil Vehicles for disabled Market Opportunity Assessment, By Entry Configuration, 2020 & 2030F |
9.4 Brazil Vehicles for disabled Market Opportunity Assessment, By Entry Mechanism, 2020 & 2030F |
9.5 Brazil Vehicles for disabled Market Opportunity Assessment, By Driving Option, 2020 & 2030F |
10 Brazil Vehicles for disabled Market - Competitive Landscape |
10.1 Brazil Vehicles for disabled Market Revenue Share, By Companies, 2023 |
10.2 Brazil Vehicles for disabled Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |