Allied Market Research
Loading...
0

Hoverboard Scooter Market Expected to Reach $1.25 Billion by 2030—Allied Market Research

 

Report Code : A12257

quote “By type, the compact size segment dominated the global market in 2020 in terms of revenue. However, the mid-size segment is expected to lead the market during the forecast period. Depending on sales channel, the offline sales segment incurs a higher. North America was the highest revenue contributor in 2020, however, Europe is anticipated to lead the market share by 2030.” quote

Omkar Bachal
Lead Analyst, Automotive & Transportation at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, Hoverboard Scooter Market by Type, Application, Sales Channel, and Speed Limit: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global hoverboard scooter market was valued at $0.78 billion in 2020, and is projected to reach $1.25 billion by 2030, registering a CAGR of 5.1%. North America was the highest revenue contributor, accounting for $0.27 billion in 2020, and is estimated to reach $0.40 billion by 2030, with a CAGR of 4.2%. Asia-Pacific is estimated to reach $0.29 billion by 2030, at a significant CAGR of 6.4%.

Increase in adoption of electric mobility solution pertaining to its low carbon footprints, continual changes in urban commute outlook, and inclination of millennial and Z generation toward these mobility equipment are the key driving factors of the global hoverboard scooter market. Moreover, the online sales segment is anticipated to create lucrative growth opportunities for the hoverboard scooter market, owing to its changing consumer preference toward the buying patterns and growing internet penetration. In addition, hoverboard scooters with the speed limit of less than 15 Kmh is expected to garner highest share in 2020, due to its wide range of applications and enhanced consumers safety while riding experience.

North America dominated the global hoverboard scooter market. The U.S. is expected to be a leader in the market during the forecast period. However, Asia-Pacific is expected to witness highest growth rate in the global market, owing to increase in requirement for urban commute solutions. The global hoverboard scooter market is a fairly fragmented market with several number of players. Majority of the market participants are strategically involved in product launch, product development, partnership, and expansion activities.

The spread of the COVID-19 pandemic has negatively impacted the global hoverboard scooters market, owing to commute restrictions, and is expected to weaken the financial performance of the market players in 2020. It has impacted the overall economy, and market participants are formulating strategic cost-saving plans. The major risk factors of the hoverboard scooters market participants are supply chain execution, regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management.

KEY FINDINGS OF THE STUDY

  • By type, the mid-size segment is expected to register significant growth during the forecast period.
  • On the basis of sales channel, the online sales segment is projected to lead the global market in terms of market share by the end of the forecast period.
  • Depending on speed limit, the Less than 15 Kmh segment is projected to lead the global market, in terms of market share.
  • Region wise, North America dominated the global hoverboard scooter market in 2020 in terms of market share.

Key players operating in the global hoverboard scooter market include Future Motion Inc., Halo Board, Hetechi Ltd., HoverRobotix, Inmotion Technologies Co., Ltd., Jetson Electric Bikes LLC, Shenzhen Gyroor Tech (China) Co., Ltd., Swagtron, Tomoloo Technology Industrial Co., Ltd., and Uboard India Limited.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Hoverboard Scooter Market by Type (Compact Size, Mid-size, and Full Size), Application (Personal Mobility Device and Business Purposes), Sales Channel (Online Sales and Offline Sales), and Speed Limit (Less than 15 Kmh and More than 15 Kmh): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,716 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Hoverboard Scooter Market"
Purchase Enquiry