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South Korea Personal Mobility Devices Market

ID: MRFR/HC/50077-HCR
200 Pages
Rahul Gotadki
October 2025

South Korea Personal Mobility Devices Market Research Report By Product (Walking Aids, Wheelchairs, Scooters) and By End-user (Hospitals, Homecare, Others)- Forecast to 2035

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South Korea Personal Mobility Devices Market Infographic
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South Korea Personal Mobility Devices Market Summary

As per MRFR analysis, the personal mobility-devices market Size was estimated at 304.32 USD Million in 2024. The personal mobility-devices market industry is projected to grow from 328.67 USD Million in 2025 to 709.61 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 8.0% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea personal mobility-devices market is experiencing robust growth driven by technological advancements and sustainability initiatives.

  • Technological advancements are enhancing the functionality and appeal of personal mobility devices, particularly in urban areas.
  • The largest segment in the market is electric scooters, while the fastest-growing segment is e-bikes, reflecting changing consumer preferences.
  • Sustainability focus is becoming increasingly important, with consumers seeking eco-friendly mobility solutions.
  • Urbanization and population density, along with government initiatives and infrastructure development, are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 304.32 (USD Million)
2035 Market Size 709.61 (USD Million)

Major Players

Segway (US), Xiaomi (CN), Ninebot (CN), InMotion (CN), Razor (US), Boosted (US), Unagi (US), E-Twow (FR)

South Korea Personal Mobility Devices Market Trends

The personal mobility-devices market in South Korea is currently experiencing a notable transformation, driven by advancements in technology and a growing emphasis on sustainable transportation solutions. The increasing urbanization and population density in cities have led to a heightened demand for efficient and eco-friendly mobility options. As a result, various stakeholders, including manufacturers and government entities, are actively promoting the adoption of electric scooters, e-bikes, and other innovative devices. This shift not only addresses the challenges of traffic congestion but also aligns with the nation's commitment to reducing carbon emissions and enhancing the quality of urban life. Moreover, the regulatory landscape is evolving to support the integration of personal mobility devices into the existing transportation framework. Initiatives aimed at improving infrastructure, such as dedicated lanes and charging stations, are being implemented to facilitate the safe use of these devices. The growing awareness of health and environmental benefits associated with personal mobility devices further contributes to their rising popularity. As the market continues to expand, it appears poised for further growth, with potential innovations on the horizon that could reshape the way individuals navigate urban environments.

Technological Advancements

The personal mobility-devices market is witnessing rapid technological innovations, particularly in battery efficiency and smart connectivity. Enhanced battery technologies are enabling longer travel distances and shorter charging times, making devices more appealing to consumers. Additionally, the integration of smart features, such as GPS navigation and mobile app connectivity, is enhancing user experience and safety.

Sustainability Focus

There is a growing emphasis on sustainability within the personal mobility-devices market, driven by environmental concerns and government policies. Consumers are increasingly seeking eco-friendly options, leading to a rise in electric and hybrid models. This trend aligns with national goals to reduce carbon footprints and promote greener urban transportation solutions.

Regulatory Support

The regulatory environment surrounding personal mobility devices is becoming more supportive, with government initiatives aimed at promoting safe usage and infrastructure development. Policies are being introduced to establish guidelines for device operation, while investments in infrastructure, such as dedicated lanes and parking facilities, are enhancing the overall ecosystem for personal mobility.

South Korea Personal Mobility Devices 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.

Market 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.

Get more detailed insights about South Korea Personal Mobility Devices Market

Key Players and Competitive Insights

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 2025, 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 2025, 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 2025, 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 2025, 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.

Key Companies in the South Korea Personal Mobility Devices Market market include

Industry 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.

Future Outlook

South Korea Personal Mobility Devices Market Future Outlook

The personal mobility-devices market is projected to grow at an 8.0% CAGR from 2024 to 2035, driven by technological advancements, urbanization, and increasing demand for eco-friendly transport solutions.

New opportunities lie in:

  • 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.

Market Segmentation

South Korea Personal Mobility Devices Market Product Outlook

  • Walking Aids
  • Wheelchairs
  • Scooters

South Korea Personal Mobility Devices Market End User Outlook

  • Hospitals
  • Homecare
  • Others

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% (2024 - 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

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FAQs

What is the expected market value of the South Korea Personal Mobility Devices Market in 2024?

The market is expected to be valued at 304.25 million USD in 2024.

What will be the projected market size of the South Korea Personal Mobility Devices Market by 2035?

By 2035, the market is anticipated to reach a value of 764.6 million USD.

What is the expected compound annual growth rate (CAGR) for the South Korea Personal Mobility Devices Market from 2025 to 2035?

The market is expected to grow at a CAGR of 8.738 percent during the period from 2025 to 2035.

Which product segment is expected to have the highest market valuation in 2035?

By 2035, the Wheelchairs segment is expected to have the highest valuation at 280.0 million USD.

What was the market value for Walking Aids in 2024 within the South Korea Personal Mobility Devices Market?

The Walking Aids segment was valued at 90.0 million USD in 2024.

Who are the major players in the South Korea Personal Mobility Devices Market?

Key players in the market include Trek Bicycle, Kia Corporation, Hyundai Motor, and Xiaomi, among others.

What is the anticipated value for the Scooters segment in 2035?

The Scooters segment is expected to reach a valuation of 264.6 million USD by 2035.

How much is the Wheelchairs segment expected to be valued in 2024?

The Wheelchairs segment is projected to be valued at 110.0 million USD in 2024.

What are the growth opportunities in the South Korea Personal Mobility Devices Market?

Growth opportunities stem from an increasing aging population and advancements in technology for mobility solutions.

How does the South Korea Personal Mobility Devices Market's growth rate compare across different segments?

The market's growth rate varies, with Wheelchairs expected to show considerable growth, reflective of evolving consumer needs.

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