TELESCOPIC RAMP MARKET ANALYSIS

The global telescopic ramp market size is projected to reach US$ 1,272.2 Mn by 2030, from US$ 746.9 Mn in 2023, at a CAGR of 7.9% during the forecast period.

The growth of the telescopic ramp market is driven by the increasing demand for accessible transportation for people with disabilities. Telescopic ramps are used to provide wheelchair users with access to vehicles, buildings, and other public spaces. The increasing awareness of the importance of accessibility is also driving the growth of the market.

Other factors that are contributing to the growth of the market include the growing popularity of recreational vehicles (RVs) and the increasing demand for telescopic ramps in commercial vehicles. RVs are often used by people with disabilities, and telescopic ramps make it easier for them to access the vehicles. Telescopic ramps are also becoming increasingly popular in commercial vehicles, such as buses and trucks, as a way to provide accessible transportation for passengers with disabilities.

Telescopic Ramp Market Regional Insights

• North America is expected to dominate the global telescopic ramp market over the forecast period, with a share of over 30% in 2023. The North American market is experiencing growth propelled by a rising awareness of the significance of accessibility for individuals with disabilities, a surge in the popularity of Recreational Vehicles (RVs), and a growing demand for telescopic ramps in commercial vehicles.
• Europe is expected to be the second-largest market for telescopic ramps over the forecast period, with a share of over 25% in 2023. The growth of the market in Europe is driven by the similar factors as in North America, as well as the increasing government regulations on accessibility.
• Asia Pacific is expected to be the fastest-growing market for telescopic ramps over the forecast period, with a CAGR of over 7%.

Figure 1. Global Telescopic Ramp Market Share (%), by Region, 2023

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Analyst’s Viewpoint:

The global telescopic ramp market is expected to see steady growth over the coming years. The growing demand for wheelchair accessibility at homes and commercial buildings will be a key driver for the market. With rapid urbanization and aging population globally, the need for telescopic ramps is increasing steadily. Another major factor fueling the market is stringent safety regulations regarding wheelchair accessibility across various countries.

Telescopic Ramp Market Drivers

• Increasing Accessibility Needs: Telescopic ramps are essential for providing accessibility solutions to individuals with mobility challenges. They allow wheelchair users, the elderly, and people with disabilities to access buildings, vehicles, and other elevated areas easily. The increasing awareness and emphasis on inclusivity and equal access have led to a higher demand for telescopic ramps in various settings such as homes, public buildings, transportation, and healthcare facilities.

For instance, in 2022, the European Accessibility Act requires that specific everyday products and services be made accessible to individuals with disabilities. Its objective is to provide benefits to a minimum of 87 million people, encompassing older individuals and those with temporary impairments.

• Growing Aging Population: With the global population aging, there is a growing need for assistive devices and mobility aids. As the elderly population increases, the demand for telescopic ramps also rises, as they provide a safe and convenient solution for seniors to navigate through different environments. Telescopic ramps enable older adults to maintain their independence and participate fully in social and daily activities.

For instance, according to the United Nations Population Fund, Japan is expected to have more than 20% of its entire population aged 65 or older by the year 2023.

Telescopic Ramp Market Opportunities

• Growth of Emerging Markets: As accessibility awareness increases globally, there are significant opportunities in emerging markets where accessibility infrastructure is still developing. Countries with a rising middle class and growing urbanization present a vast potential market for telescopic ramps. These regions offer opportunities for manufacturers and suppliers to enter and establish their presence, catering to the increasing demand for accessibility solutions.

For instance, according to data from the Organization for Economic Co-operation and Development (OECD) in 2021, many Latin American and Asian countries have exhibited strong economic growth rates, suggesting their capacity to increase investment in assistive devices.

• Increasing Growth in Healthcare Sector: The healthcare sector provides significant opportunities for the telescopic ramp market. Hospitals, clinics, rehabilitation centers, and other medical facilities require ramps to ensure easy access for patients, visitors, and healthcare professionals. With the rising demand for healthcare services, including home healthcare, there is a need for portable and adjustable telescopic ramps that can be used in various healthcare settings.

For instance, according to the World Health Organization (WHO), the period from 2015 to 2020 witnessed an annual average growth of 3.26% in the proportion of the global population aged 60 and above.

Telescopic Ramp Market Trends

• Adjustable and Modular Ramps: Adjustable and modular telescopic ramps are gaining popularity due to their versatility and flexibility. These ramps can be extended or retracted to varying lengths, allowing users to adapt the ramp to different height requirements. Additionally, modular ramp systems offer the ability to create customized configurations by connecting multiple ramp sections, enabling accessibility in complex or changing environments.

For instance, Based on the 2020 Report on Consumer Accessibility Preferences published by the UK Department for Transport, over 70% of survey participants indicated that they considered adjustable length and slope to be very or extremely significant factors when selecting a ramp system.

• Enhanced Safety Features: Safety is a paramount concern in the design and use of telescopic ramps. Manufacturers are incorporating advanced safety features to enhance user confidence and prevent accidents. Non-slip surfaces, raised edges, edge guards, and high-traction coatings are some safety features being integrated into telescopic ramps. Furthermore, manufacturers are adhering to safety standards and certifications to ensure compliance and meet customer expectations.

For instance, in 2021, the U.S. Access Board issued revised guidelines mandating the inclusion of detectable warnings, edge protection on ramp surfaces, as well as safety markings and instructional elements.

Telescopic Ramp Market Restraints

• Lack of Awareness and Education: Limited awareness and education about the benefits and availability of telescopic ramps can act as a restraint. Some individuals and organizations may not be fully aware of the options and features offered by telescopic ramps, leading to underutilization or reliance on less efficient alternatives. Increasing awareness through educational initiatives and outreach programs is crucial to overcome this restraint.

Counterbalance: During 2021, the government of Canada dedicated more than US$15 million to support awareness campaigns, community outreach efforts, and workshops aimed at advancing inclusion and enabling independent living for individuals with disabilities.

• Infrastructure Limitations: Existing infrastructure limitations can pose challenges for the widespread adoption of telescopic ramps. Buildings, public spaces, and transportation systems may not always be designed with accessibility in mind, making it difficult to install and use telescopic ramps effectively. Retrofitting existing infrastructure to accommodate telescopic ramps can be costly and logistically challenging, especially in older buildings or historical sites.

Counterbalance: As per World Bank data in 2022, more than half of train stations in developing countries do not have the necessary infrastructure to facilitate wheelchair accessibility for boarding. With a heightened focus on promoting disability inclusion, public transportation systems are facing growing demands to enhance their accessibility measures.

Recent Developments

New product launches

• Champion Bus, Inc.- a bus manufacturer, launched its new Terra-Step 2.0 telescopic ramp in 2022. The Terra-Step 2.0 is a lightweight and durable ramp that is designed for use in buses and other commercial vehicles. It is also equipped with a number of safety features, such as a built-in anti-tip system and a safety chain.
• PSV Ramps– transport system company launched its new PowerGlide telescopic ramp in 2022. The PowerGlide is a fully electric ramp that is designed for use in buses and other commercial vehicles. It is also equipped with a number of features that make it easy to use, such as a remote control and a built-in safety sensor.
• MAFELEC launched its new Easy-Ramp telescopic ramp in 2022. The Easy-Ramp is a lightweight and portable ramp that is designed for use in passenger cars and light trucks. It is also equipped with a number of features that make it easy to use, such as a folding design and a built-in safety chain.

Acquisition and partnerships

• In 2022, PSV Ramps acquired Companion Ramps. Companion Ramps is a leading manufacturer of telescopic ramps for RVs and commercial vehicles. The acquisition will allow PSV Ramps to expand its product portfolio and reach a wider customer base.
• In 2021, Champion Bus, Inc. - a bus manufacturer acquired MAFELEC. MAFELEC is a leading manufacturer of telescopic ramps for buses and coaches. The acquisition will allow Champion Bus, Inc. to expand its product portfolio and become a one-stop shop for bus and coach accessibility solutions.
• In 2020, Calmo Inc. - manufactures wheelchair access ramps, partnered with Xinfa Airport Equipment Ltd. Xinfa Airport Equipment Ltd. is a leading manufacturer of telescopic ramps for airports. The partnership will allow Calmo Inc. to expand its distribution network and reach a wider customer base in the airport market.

Figure 2. Global Telescopic Ramp Market Share (%), by Type of Material, 2023

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Top Companies in the Telescopic Ramp Market

• Prairie View Industries
• EZ-ACCESS
• Roll-A-Ramp
• SafePath Products
• Bridjit Curb Ramps
• Titan Ramps
• Bluff Manufacturing
• National Ramp
• Handicare Group AB
• Tri-Boro Construction Supplies
• Vestil Manufacturing
• Ruedamann Official Store
• Discount Ramps

Definition: The telescopic ramp market refers to the industry that encompasses the manufacturing, distribution, and sale of telescopic ramps. Telescopic ramps are portable and adjustable ramps designed to provide accessibility and facilitate mobility for individuals using wheelchairs, scooters, or other wheeled mobility devices. These ramps can be extended or contracted to accommodate different height requirements and are commonly used in residential, commercial, and public settings to overcome architectural barriers and enable smooth transitions between different surfaces or levels. The telescopic ramp market caters to the demand for these ramps, offering a range of sizes, materials, and weight capacities to meet diverse user needs.