# South Korea Personal Mobility Devices Market > South Korea Personal Mobility Devices Market Research Report By Product (Walking Aids, Wheelchairs, Scooters) and By End-user (Hospitals, Homecare, Others) - Growth & Industry Forecast 2025 To 2035 - **Forecast Period:** 2025 - 2035 - **CAGR:** 8.0% - **2024:** $ 304.32 Million - **2025:** $ 328.67 Million - **2035:** $ 709.61 Million - **Key Players:** Segway (US), Xiaomi (CN), Ninebot (CN), InMotion (CN), Razor (US), Boosted (US), Unagi (US), E-Twow (FR) **Report ID:** MRFR/HC/50077-HCR · **Pages:** 200 · **Author:** Rahul Gotadki · **Last Updated:** February 06, 2026 **URL:** https://www.marketresearchfuture.com/reports/south-korea-personal-mobility-devices-market-51835 --- ## Market Summary ## **South Korea Personal Mobility Devices Market Overview** As per MRFR analysis, the South Korea Personal Mobility Devices Market Size was estimated at 286.43 (USD Million) in 2023.The South Korea Personal Mobility Devices Market is expected to grow from 304.25(USD Million) in 2024 to 764.6 (USD Million) by 2035. The South Korea Personal Mobility Devices Market CAGR (growth rate) is expected to be around 8.738% during the forecast period (2025 - 2035). **Key South Korea Personal Mobility Devices Market Trends Highlighted** The ageing of the population and the growing focus on environmentally friendly urban transportation options are the main factors driving the market for personal mobility devices in South Korea. E-scooters, e-bikes, and hoverboards are examples of personal mobility gadgets that have grown in popularity thanks to the South Korean government's aggressive promotion of electric and environmentally friendly automobiles. South Korean cities are giving top priority to integrating these devices into public transportation systems in order to improve last-mile connection because to their congested urban terrain. Innovations in battery technology and intelligent mobility solutions can be used to investigate market opportunities. The development of lighter, more effective batteries that improve the functionality and performance of personal mobility devices is made possible by South Korea's technological superiority. Government programs that fund this kind of research have the potential to boost local firms' creativity and increase manufacturing capacities. Additionally, the need for shared mobility services has increased, giving companies a rare chance to provide rental services that appeal to young people and urban professionals looking for affordable and practical transportation choices. Consumer awareness of the effects of mobility on the environment has also increased recently, according to trends. This has led to a rise in interest in personal mobility gadgets that support sustainable behaviours among South Koreans. In addition to giving manufacturers the opportunity to reach a wider audience, this change also promotes partnerships with local governments to build infrastructure specifically for bike lanes and charging stations, which will further stimulate the usage of these devices. All things considered, the South Korean market for personal mobility devices is developing quickly due to factors like government assistance, technology breakthroughs, and shifting customer preferences towards greener solutions. Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review **South Korea Personal Mobility Devices Market Drivers** **Increasing Urbanization in South Korea** The rapid urbanization in South Korea is acting as a major driver for the South Korea Personal Mobility Devices Market. Statistics indicate that over 81% of the South Korean population resides in urban areas, a number that is continually rising. As cities become more populated, there is a growing need for efficient transportation options to navigate congested urban landscapes. The Ministry of Land, Infrastructure and Transport (MOLIT) has been actively promoting the use of personal mobility devices, including electric scooters and bicycles, as sustainable alternatives to traditional transportation methods. Their aim is to reduce traffic congestion and environmental impact, which encourages the growth of the personal mobility market. Major manufacturers, such as Hyundai and Kia, are investing significantly in mobility solutions, further supporting the growth of this sector. **Government Incentives for Innovative Mobility Solutions** The South Korean government has placed a spotlight on fostering advanced mobility solutions as part of its national strategy. The government has unveiled various policies to promote electric and eco-friendly personal mobility devices. For example, subsidies and incentives for users of electric scooters and bicycles have been reported to enhance adoption rates. In 2021, the South Korean government allocated a budget of approximately 30 million USD to support sustainable mobility initiatives. This funding is part of a broader initiative to achieve carbon neutrality by 2050, indicating strong government commitment to supporting the South Korea Personal Mobility Devices Market and driving market growth. **Rising Environmental Awareness Among Consumers** There is a noticeable increase in environmental awareness among South Korean consumers, pushing the demand for eco-friendly personal mobility devices. According to a survey conducted by the Korea Transport Institute, over 70% of respondents expressed a preference for using green transport options, with electricity-powered devices being favored. This growing trend is being amplified by social campaigns advocating for reduced carbon footprints, such as 'Green Transportation Day'. As consumers become more health-conscious and environmentally aware, companies like Samsung and LG are developing innovative solutions tailored to this market, contributing to the expected growth of the South Korea Personal Mobility Devices Market. **South Korea Personal Mobility Devices Market Segment Insights** **Personal Mobility Devices Market Product Insights** The South Korea Personal Mobility Devices Market is characterized by a diverse array of products designed to enhance mobility for individuals with disabilities or age-related limitations. Among these, Walking Aids, Wheelchairs, and Scooters are prominent, each serving distinct functions catering to the needs of users. Walking Aids, which include canes and walkers, play a crucial role in providing stability and support, especially for the elderly population. The growing awareness of the importance of mobility aids among healthcare professionals and the general public further drives the demand for these devices, contributing to a segment that remains significant in enhancing the independence of users. On the other hand, Wheelchairs are vital in ensuring that individuals with limited mobility can navigate their surroundings. The technological advancements in this segment, such as the introduction of lightweight materials and powered options, are making them more accessible and user-friendly. The increase in the aging population in South Korea, coupled with government initiatives promoting accessibility, enhances the importance of Wheelchairs in the overall market landscape. Scooters are another critical element of the South Korea Personal Mobility Devices Market, offering a blend of convenience and maneuverability for individuals seeking mobility solutions outside their homes. The rise in urbanization is propelling their demand as they provide an efficient means of transport that combines both speed and ease of use in crowded city environments. As urban infrastructure continues to evolve to accommodate more mobility solutions, scooters hold significant promise in enhancing the travel experience for users while fostering independence and mobility. Overall, these product categories reflect the South Korea Personal Mobility Devices Market's adaptability to consumer needs, fostering growth through innovation and a strong focus on the user experience. As the market continues to evolve, investment in R&D within these product segments is likely to drive further improvements, paving the way for advanced mobility solutions that prioritize user comfort, safety, and autonomy. The insights gained from market statistics and segmentation underscore the relevance of these products in addressing the varying demands of consumers, shaping the future of mobility in South Korea. Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review **Personal Mobility Devices Market****End-use****r Insights** The South Korea Personal Mobility Devices Market generates significant interest from various End-users, primarily focusing on Hospitals, Homecare, and Others. Hospitals are essential as they require advanced mobility solutions to cater to their diverse patient needs, enhancing patient comfort while ensuring safety during mobility. This includes a range of devices that assist patients with mobility limitations, thereby improving overall hospital efficiency. Homecare has emerged as a vital segment as well, driven by the aging population and a growing preference for in-home medical support. Families increasingly seek independence for loved ones, leading to a rise in demand for personal mobility aids that enable seamless mobility at home. The Others category includes various entities such as rehabilitation centers and nursing homes that prioritize mobility solutions, thus enhancing quality of care for individuals needing assistance. Overall, the South Korea Personal Mobility Devices Market segmentation reveals strong growth potential across these segments, influenced by demographic shifts, technological advancements, and increased awareness regarding mobility solutions. **South Korea Personal Mobility Devices Market Key Players and Competitive Insights** The South Korea Personal Mobility Devices Market is witnessing significant transformation and competitive dynamics driven by technological advancements and changing consumer preferences. The demand for eco-friendly, efficient, and user-friendly personal mobility solutions is on the rise, fostering a landscape characterized by innovation and competition among various players. Companies are engaging in strategic partnerships, product diversification, and marketing initiatives to enhance their brand presence and maintain a competitive edge in this burgeoning market. With a growing emphasis on sustainable transportation solutions, several firms are focusing on developing high-quality personal mobility devices that cater to the needs of urban populations looking for convenient alternatives to traditional vehicular transport. Trek Bicycle has established a strong foothold in the South Korean market, recognized for its commitment to quality and innovation in the personal mobility sector. The company leverages its extensive experience in bicycle manufacturing and design to create a diverse product lineup that resonates with the local preferences of consumers. With advanced engineering and a focus on performance, Trek Bicycle stands out by offering exceptional products that appeal to cycling enthusiasts and daily commuters alike. The company's robust supply chain and effective distribution networks further enhance its visibility and availability across the region, positioning it as a trusted brand among consumers seeking reliable mobility solutions. Trek Bicycle's continued investment in research and development also showcases its dedication to maintaining relevance in an ever-evolving market. Coco has emerged as a significant player in the South Korean Personal Mobility Devices Market, gaining recognition for its innovative offerings in electric scooters and other mobility devices designed for urban use. The company emphasizes sustainability and convenience, catering to the increasing need for efficient short-distance travel solutions among city dwellers. With a focus on user-friendly designs and advanced technologies, Coco aims to enhance the commuting experience. The brand has developed a strong local presence through strategic partnerships and collaborations aimed at expanding its market reach. Coco's strengths lie in its commitment to customer satisfaction and continuous innovation, which have established it as a key competitor in this sector. The company is actively exploring opportunities for mergers and acquisitions to bolster its market position and broaden its product range, underscoring its ambitions to remain at the forefront of the personal mobility landscape in South Korea. **Key Companies in the South Korea Personal Mobility Devices Market Include:** - Trek Bicycle - Coco - Inokim - Kia Corporation - Hyundai Motor - Xiaomi - Twitch - SegwayNinebot - Daiwa House - LG Electronics - SK Telecom - Gocycle - Samsung - Naver **South Korea Personal Mobility Devices****Market****Developments** The South Korea Personal Mobility Devices Market has recently seen several notable developments. In October 2023, LG Electronics announced plans to expand its electric scooter lineup, aligning with the country's push for sustainable transport solutions. Concurrently, Hyundai Motor and Kia Corporation are investing in advanced battery technology for electric bikes, enhancing their competitiveness in the rapidly growing electric mobility segment. Additionally, companies like Xiaomi and Segway-Ninebot are increasing their market presence through localized manufacturing and strategic partnerships, boosting supply chain efficiency. In terms of mergers and acquisitions, no significant deals involving the companies of interestsuch as Trek Bicycle, Coco, Inokim, or Gocyclehave been reported recently. Over the past couple of years, there has been a marked increase in market valuation, driven by rising demand for personal mobility options amidst urban congestion and environmental concerns, with sales of electric scooters and bicycles surging approximately 30% year-on-year as reported in early 2022. This growth highlights a shift in consumer preference towards personal and eco-friendly mobility solutions while indicating strong ongoing innovation in the sector. **South Korea Personal Mobility Devices Market Segmentation Insights** **Personal Mobility Devices Market Product Outlook** - Walking Aids - Wheelchairs - Scooters **Personal Mobility Devices Market End-userOutlook** - Hospitals - Homecare - Others ## Market Drivers ### Urbanization and Population Density The rapid urbanization in South Korea is a pivotal driver for the personal mobility-devices market. As cities expand and populations concentrate, the demand for efficient transportation solutions intensifies. In urban areas, where traffic congestion is prevalent, personal mobility devices offer a practical alternative to traditional vehicles. The increasing population density, particularly in metropolitan regions like Seoul, necessitates innovative mobility solutions that can navigate crowded streets. According to recent data, urban areas in South Korea are projected to house over 80% of the population by 2025, further propelling the need for personal mobility devices. This trend indicates a shift towards more compact and efficient modes of transport, which aligns with the evolving preferences of consumers seeking convenience and flexibility in their daily commutes. ### Technological Integration and Smart Features The integration of advanced technologies into personal mobility devices is transforming the market landscape in South Korea. Features such as GPS navigation, smartphone connectivity, and real-time tracking are becoming standard in new models. This technological evolution not only enhances user experience but also increases safety and efficiency. The personal mobility-devices market is witnessing a surge in demand for smart devices that can seamlessly integrate with urban infrastructure. For instance, the introduction of smart parking solutions and charging stations for electric scooters and bikes is indicative of this trend. As of 2025, it is estimated that over 60% of new personal mobility devices will incorporate smart technology, reflecting a significant shift towards tech-savvy solutions that cater to the needs of modern consumers. ### Changing Consumer Preferences and Lifestyle Shifts The evolving lifestyle of South Korean consumers is a significant driver of the personal mobility-devices market. As urban dwellers increasingly prioritize convenience and flexibility, there is a noticeable shift towards personal mobility solutions that cater to these needs. The rise of the gig economy and remote work has led to changes in commuting patterns, with many individuals seeking alternatives to traditional public transport. Personal mobility devices, such as e-scooters and e-bikes, offer a practical solution for short trips and last-mile connectivity. Market Research Future indicates that approximately 40% of consumers in South Korea are considering purchasing a personal mobility device in the next year, reflecting a growing acceptance of these alternatives. This trend suggests that the personal mobility-devices market is well-positioned to capitalize on changing consumer behaviors and preferences. ### Environmental Awareness and Eco-Friendly Solutions Growing environmental consciousness among South Korean consumers is driving the personal mobility-devices market towards more sustainable options. As awareness of climate change and pollution increases, individuals are seeking eco-friendly alternatives to traditional transportation methods. Electric scooters and bicycles, which produce zero emissions, are gaining popularity as viable options for short-distance travel. The South Korean government has also been promoting green initiatives, encouraging the adoption of electric mobility devices. Recent statistics indicate that sales of electric personal mobility devices have increased by 25% in the past year, highlighting a shift in consumer preferences towards sustainable solutions. This trend suggests that the personal mobility-devices market is likely to continue evolving in response to environmental concerns, with manufacturers focusing on developing greener technologies. ### Government Initiatives and Infrastructure Development Government support plays a crucial role in shaping the personal mobility-devices market in South Korea. Initiatives aimed at enhancing urban mobility and reducing traffic congestion are being implemented, which include the development of dedicated lanes for bicycles and electric scooters. Such infrastructure improvements not only facilitate the use of personal mobility devices but also promote their adoption among the general public. The South Korean government has allocated substantial funding for the expansion of cycling paths and charging stations, which is expected to boost the market significantly. By 2025, it is anticipated that government investments in mobility infrastructure will exceed $500 million, further solidifying the personal mobility-devices market as a key component of urban transportation strategies. ## Future Outlook The [Personal Mobility Devices Market](https://www.marketresearchfuture.com/reports/personal-mobility-devices-market-11524) is projected to grow at an 8.0% CAGR from 2025 to 2035, driven by technological advancements, urbanization, and increasing demand for eco-friendly transport solutions. **New opportunities:** - Development of subscription-based mobility services - Integration of AI for personalized user experiences - Expansion of charging infrastructure for electric devices By 2035, the market is expected to achieve substantial growth, driven by innovation and evolving consumer preferences. ## Segment Insights ### By Product: Wheelchairs (Largest) vs. Scooters (Fastest-Growing) In the South Korea personal mobility-devices market, the market share distribution is notably significant for wheelchairs, which dominate the segment due to their established presence and widespread acceptance among users. Following this, scooters have emerged as a strong competitor, particularly favored by younger demographics seeking enhanced mobility solutions. Walking aids, while important, hold a smaller share compared to these two offerings, highlighting the changing landscape of mobility solutions. Growth trends indicate that the scooter segment is experiencing rapid expansion, driven by increasing demand for portable and user-friendly devices. The rise in elderly populations coupled with a trend towards independence and mobility among users has propelled both wheelchairs and scooters into the forefront. Significant advancements in technology and design have further enhanced the appeal of these devices, promising sustained growth in the coming years. Wheelchairs (Dominant) vs. Scooters (Emerging) Wheelchairs play a dominant role in the South Korea personal mobility-devices market, primarily due to their essential function in providing mobility for individuals with severe mobility impairments. They are characterized by a diverse range of manual and powered options, catering to various user needs and preferences. On the other hand, scooters are emerging as a solution for the active and semi-active population, offering enhanced mobility and independence. With modern designs and improved ergonomics, scooters are gaining traction among both seniors and younger individuals. Their lightweight construction and advanced features are appealing attributes that contribute to their fast growth, positioning scooters as a key segment increasingly competing for market share. ### By End User: Hospitals (Largest) vs. Homecare (Fastest-Growing) In the South Korea personal mobility-devices market, the distribution among end users indicates that hospitals hold the largest market share due to their extensive requirements for mobility-assist devices. With a well-established infrastructure, these facilities are increasingly adopting innovative solutions to enhance patient mobility and care. Homecare is emerging as a significant segment, responding to the rising demand for at-home healthcare solutions, which has seen an uptick as more consumers seek personal mobility options for convenience and independence. Growth trends in the personal mobility-devices market are primarily driven by technological advancements and an aging population, especially in homecare settings. The increasing preference for in-home healthcare solutions accelerates the demand for mobility devices tailored for personal use. Additionally, the ongoing pandemic has heightened awareness around the need for reliable personal mobility solutions, propelling growth in both hospitals and homecare segments as they adapt to changing consumer needs and conditions. Hospitals: Dominant vs. Homecare: Emerging Hospitals are the dominant end user in the South Korea personal mobility-devices market, leveraging advanced technology and infrastructure to provide optimal care through various mobility devices. They tend to invest heavily in state-of-the-art solutions such as powered wheelchairs, walkers, and other assistive devices, ensuring support for patient mobility and recovery. Conversely, the homecare segment is emerging rapidly, driven by a shift towards more personalized care solutions. As families prefer to care for elderly members at home, mobility devices specifically designed for home environments are seeing increased placement in this segment. These devices are more compact and user-friendly, catering to the individual needs of users, making homecare a critical area for growth. ## Competitive Benchmarking The personal mobility-devices market in South Korea is characterized by a dynamic competitive landscape, driven by technological advancements and shifting consumer preferences towards eco-friendly transportation solutions. Key players such as Segway (US), Xiaomi (CN), and Ninebot (CN) are at the forefront, each adopting distinct strategies to enhance their market presence. Segway (US) focuses on innovation, particularly in electric scooters and personal transporters, while Xiaomi (CN) leverages its extensive ecosystem of smart devices to integrate mobility solutions. Ninebot (CN), a subsidiary of Xiaomi, emphasizes regional expansion and partnerships to bolster its distribution channels, collectively shaping a competitive environment that is increasingly reliant on technological integration and consumer engagement.In terms of business tactics, companies are localizing manufacturing to reduce costs and enhance supply chain efficiency. The market structure appears moderately fragmented, with several players vying for market share, yet the influence of major companies is palpable. This competitive structure fosters an environment where innovation and customer-centric strategies are paramount, as companies seek to differentiate themselves in a crowded marketplace. In October Segway (US) announced a strategic partnership with a leading South Korean tech firm to develop next-generation smart scooters equipped with AI capabilities. This move is likely to enhance user experience through personalized features and real-time data analytics, positioning Segway (US) as a leader in the smart mobility segment. The collaboration underscores the importance of technological integration in meeting evolving consumer demands. In September Xiaomi (CN) launched a new line of electric scooters that incorporate advanced battery technology, promising a 30% increase in range compared to previous models. This innovation not only addresses consumer concerns regarding battery life but also aligns with the growing trend towards sustainability. By enhancing product performance, Xiaomi (CN) aims to solidify its competitive edge in the market. In August Ninebot (CN) expanded its operations by establishing a new manufacturing facility in South Korea, aimed at increasing production capacity and reducing lead times. This strategic move is indicative of Ninebot's commitment to meeting local demand and enhancing its supply chain resilience. The facility is expected to create jobs and contribute to the local economy, further embedding Ninebot (CN) within the South Korean market. As of November the competitive trends in the personal mobility-devices market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation. The competitive differentiation is likely to evolve from traditional price-based competition towards a focus on technological advancements, product reliability, and sustainable practices, suggesting a transformative shift in how companies position themselves in the market. ## Recent News & Developments The South Korea Personal Mobility Devices Market has recently seen several notable developments. In October 2023, LG Electronics announced plans to expand its electric scooter lineup, aligning with the country's push for sustainable transport solutions. Concurrently, Hyundai Motor and Kia Corporation are investing in advanced battery technology for electric bikes, enhancing their competitiveness in the rapidly growing electric mobility segment. Additionally, companies like Xiaomi and Segway-Ninebot are increasing their market presence through localized manufacturing and strategic partnerships, boosting supply chain efficiency. In terms of mergers and acquisitions, no significant deals involving the companies of interestsuch as Trek Bicycle, Coco, Inokim, or Gocyclehave been reported recently. Over the past couple of years, there has been a marked increase in market valuation, driven by rising demand for personal mobility options amidst urban congestion and environmental concerns, with sales of electric scooters and bicycles surging approximately 30% year-on-year as reported in early 2022. This growth highlights a shift in consumer preference towards personal and eco-friendly mobility solutions while indicating strong ongoing innovation in the sector. ## Report Scope | MARKET SIZE 2024 | 304.32(USD Million) | | --- | --- | | MARKET SIZE 2025 | 328.67(USD Million) | | MARKET SIZE 2035 | 709.61(USD Million) | | COMPOUND ANNUAL GROWTH RATE (CAGR) | 8.0% (2025 - 2035) | | REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends | | BASE YEAR | 2024 | | Market Forecast Period | 2025 - 2035 | | Historical Data | 2019 - 2024 | | Market Forecast Units | USD Million | | Key Companies Profiled | Segway (US), Xiaomi (CN), Ninebot (CN), InMotion (CN), Razor (US), Boosted (US), Unagi (US), E-Twow (FR) | | Segments Covered | Product, End User | | Key Market Opportunities | Integration of smart technology in personal mobility-devices enhances user experience and safety features. | | Key Market Dynamics | Rising consumer demand for eco-friendly personal mobility devices drives innovation and regulatory adaptations in South Korea. | | Countries Covered | South Korea | ## Frequently Asked Questions **Q: What was the overall market valuation for personal mobility devices in 2024?** A: The overall market valuation for personal mobility devices was $304.32 Million in 2024. **Q: What is the projected market valuation for personal mobility devices by 2035?** A: The projected market valuation for personal mobility devices is $709.61 Million by 2035. **Q: What is the expected CAGR for the personal mobility devices market during the forecast period 2025 - 2035?** A: The expected CAGR for the personal mobility devices market during the forecast period 2025 - 2035 is 8.0%. **Q: Which product segment had the highest valuation in 2024?** A: In 2024, the Wheelchairs segment had the highest valuation at $120.0 Million. **Q: What is the valuation range for the Homecare end-user segment in 2024?** A: The valuation range for the Homecare end-user segment in 2024 was $150.0 Million to $350.0 Million. **Q: Which key players are leading the personal mobility devices market?** A: Key players in the personal mobility devices market include Segway, Xiaomi, Ninebot, InMotion, Razor, Boosted, Unagi, and E-Twow. **Q: What was the valuation for the Scooters product segment in 2024?** A: The valuation for the Scooters product segment was $104.32 Million in 2024. **Q: How does the valuation of Walking Aids compare to that of Wheelchairs in 2024?** A: In 2024, the valuation for Walking Aids was $80.0 Million, which is lower than the $120.0 Million valuation for Wheelchairs. **Q: What is the projected growth trend for the personal mobility devices market by 2035?** A: The personal mobility devices market is projected to grow significantly, reaching $709.61 Million by 2035. **Q: What was the valuation for the Others end-user segment in 2024?** A: The valuation for the Others end-user segment was $104.32 Million in 2024. --- *This Markdown endpoint is provided for AI systems and LLM crawlers. 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