Global one wheel electric scooter market

One Wheel Electric Scooter Market Size, Share, Growth Analysis, By Product Type(Unicycle, One Wheel Hoverboard), By Sales Channel(Online, Offline), By Region - Industry Forecast 2024-2031

Report ID: SQSG25C2015 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 61 | Figures: 75

One Wheel Electric Scooter Market Regional Insights

North America now retains the top spot in the industry, due to the rising popularity of hoverboards among kids and teenagers as a recreational activity and the rising acceptance of one-wheel electric scooters for personal mobility. The majority of one-wheel electric scooter manufacturers are based in the United States, which is why it leads this regional market.

During the projected period, the one-wheel electric scooter market is anticipated to grow at the highest CAGR and lead the world. The sector has been expanding steadily, propelled by rising middle-class disposable income and falling production costs as a result of commoditization. China is a major manufacturer of affordable hoverboards and unicycles and is anticipated to keep its position in the Asia Pacific market over the coming years. The market for hoverboards in China is anticipated to continue growing as more technologically advanced unicycles and hoverboards are manufactured. Additionally, a number of micro-mobility firms in India providing mobility solutions to deal with inadequate road infrastructure, congested roads, with growing air pollution

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

One Wheel Electric Scooter Market size was valued at USD 155.39 million in 2019 and is poised to grow from USD 168.6 million in 2023 to USD 351.33 million by 2031, growing at a CAGR of 8.5% in the forecast period (2024-2031).

Many businesses are putting an emphasis on organic growth initiatives, including new launches, product approvals, and others like patents and events. Acquisitions and partnerships & collaborations were examples of inorganic growth tactics that were observed in the market. These actions have made it possible for market participants to increase their customer and revenue. With the growing demand for one wheel electric scooters in the worldwide industry, market players in the one wheel electric scooter market can expect attractive growth prospects in the future. 'Future Motion Inc.', 'InMotion Technologies, Inc.', 'Shenzhen Rooder Technology Co., Ltd.', 'Ninebot (Segway)', 'Kiwano Electric Scooter', 'Solowheel', 'Razor USA LLC', 'Airwheel', 'IPS Electric Unicycle', 'F-Wheel', 'IPS Intelligent People Transporters', 'Segway-Ninebot (Beijing) Co., Ltd.', 'KingSong', 'SBU V3 Self Balancing Unicycle', 'Hovertrax', 'Hoverboard', 'Yvolution', 'Swagtron', 'GOTRAX', 'TOMOLOO'

In the last ten years, the mobility landscape has undergone tremendous change as conventional transportation methods are replaced by electrically powered vehicles that feature cutting-edge technology. To get the best possible solution for electric mobility, electric-driven mobility provides primarily three benefits, including economic gain, environmental benefit, and technology benefit. One-wheel electric scooters are a popular personal transportation option for metropolitan areas because they have zero carbon emissions and are reasonably priced. In the next years, it is predicted that rising environmental awareness and a growing preference for e-mobility would promote market growth for one-wheel electric scooters.

Factors include growing urbanisation and the need for local transportation, high portability compared to other personal electric cars, declining battery prices per KWH, and shifting perspectives on leisure and recreational activities are predicted to drive the market for electric one-wheel scooters globally. Additionally, a powerful dealership and network of suppliers, ongoing product development, and competitive advantage are expected to support the expansion of the one-wheel electric scooter industry globally.

North America now retains the top spot in the industry, due to the rising popularity of hoverboards among kids and teenagers as a recreational activity and the rising acceptance of one-wheel electric scooters for personal mobility. The majority of one-wheel electric scooter manufacturers are based in the United States, which is why it leads this regional market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Electric Scooter Market
Buy Now GET FREE SAMPLE
North America Electric Scooter Market
Buy Now GET FREE SAMPLE
Europe Electric Scooter Market
Buy Now GET FREE SAMPLE
Asia pacific Electric Scooter Market
Buy Now GET FREE SAMPLE
Kids Scooter Market
Buy Now GET FREE SAMPLE
Electric Bike Market
Buy Now GET FREE SAMPLE
Electric Cargo Bike Market
Buy Now GET FREE SAMPLE
Electric Wheelchair Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global one wheel electric scooter market

Report ID: SQSG25C2015

$5,300
BUY NOW GET FREE SAMPLE