Hoverboard Scooter Trends and Forecast
The future of the global hoverboard scooter market looks promising with opportunities in the personal mobility device and business purpose markets. The global hoverboard scooter market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing popularity of green transportation, rising urbanization, need for local commutes, along with the reduction in battery costs per kWh and shifts in the perception of leisure and recreational activities.Hoverboard Scooter by Segment
The study includes a forecast for the global hoverboard scooter by type, sales channel, speed limit, application, and region.Hoverboard Scooter Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Compact Size
- Mid-Size
- Full Size
Hoverboard Scooter Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]
- Online Sales
- Offline Sales
Hoverboard Scooter Market by Speed Limit [Shipment Analysis by Value from 2018 to 2030]
- Less Than 15 Kmh
- More Than 15 Kmh
Hoverboard Scooter Market by Application [Shipment Analysis by Value from 2018 to 2030]
- Personal Mobility Device
- Business Purposes
- Others
Hoverboard Scooter Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Hoverboard Scooter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hoverboard scooter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hoverboard scooter companies profiled in this report include-- FUTURE MOTION
- Halo Board
- HETECHI
- HoverRobotix
- INMOTION Technologies
- Jetson Electric Bikes
- Shenzhen Gyroor Tech
- SWAGTRON
- Tomoloo Technology Industrial
- UBOARD India
Hoverboard Scooter Market Insights
The publisher forecasts that compact size will remain the largest segment over the forecast period because the compact hoverboard scooters are small and lightweight, making them easy to carry and store.APAC is expected to witness highest growth over the forecast period due to increase in requirement for urban commute solutions.
Features of the Global Hoverboard Scooter Market
- Market Size Estimates: Hoverboard scooter market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Hoverboard scooter market size by various segments by type, sales channel, speed limit, application, and region in terms of value ($B).
- Regional Analysis: Hoverboard scooter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, sales channel, speed limit, application, and regions for the hoverboard scooter market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hoverboard scooter market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hoverboard scooter market size?Answer: The global hoverboard scooter market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for hoverboard scooter market?
Answer: The global hoverboard scooter market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hoverboard scooter market?
Answer: The major drivers for this market are growing popularity of green transportation, rising urbanization, need for local commutes, along with the reduction in battery costs per kWh and shifts in the perception of leisure and recreational activities.
Q4. What are the major segments for hoverboard scooter market?
Answer: The future of the global hoverboard scooter market looks promising with opportunities in the personal mobility device and business purpose markets.
Q5. Who are the key hoverboard scooter market companies?
Answer: Some of the key hoverboard scooter companies are as follows:
- FUTURE MOTION
- Halo Board
- HETECHI
- HoverRobotix
- INMOTION Technologies
- Jetson Electric Bikes
- Shenzhen Gyroor Tech
- SWAGTRON
- Tomoloo Technology Industrial
- UBOARD India
Answer: The publisher forecasts that compact size will remain the largest segment over the forecast period because the compact hoverboard scooters are small and lightweight, making them easy to carry and store.
Q7. In hoverboard scooter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increase in requirement for urban commute solutions.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hoverboard scooter market by type (compact size, mid-size, and full size), sales channel (online sales and offline sales), speed limit (less than 15 kmh and more than 15 kmh), application (personal mobility device, business purposes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Hoverboard Scooter Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- FUTURE MOTION
- Halo Board
- HETECHI
- HoverRobotix
- INMOTION Technologies
- Jetson Electric Bikes
- Shenzhen Gyroor Tech
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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