openPR Logo
Press release

COVID-19 Accelerates Growth of Personal Transporter Market as Mass Transport Declines |Major Key Players are Inventist Inc. (US), Airwheel Holding Limited (China), BOXX Corp. (US), Segway Inc. (US).

07-27-2020 07:17 PM CET | Industry, Real Estate & Construction

Press release from: Market Research Future

Personal Transporter Market

Personal Transporter Market

Market Dynamics

Market Research Future (MRFR) projects the personal transporter market 2020 to accelerate at a robust pace of 8.5% from 2019 to 2025, which is the review period. We will provide COVID-19 impact analysis with the report, offering detailed market developments following the coronavirus disease outbreak.

Request a Sample Report @https://www.marketresearchfuture.com/sample_request/8278

Key Drivers and Primary Deterrents

With the recent COVID-19 outbreak, personal mobility solution has emerged as the latest buzzword within the automotive industry. Segways, autonomous vehicles and electric two-wheelers have come into the limelight since the lockdown imposed following the pandemic. The automotive consumers are changing their transport choices as the novel coronavirus prompts them to seek out safer travel options. As SARS-CoV-2 boosts the need for social distancing, many people are naturally drawn to personal transporters instead of mass transport.

The escalating demand for better-performance digital signal processors such as actuators and sensors and the thriving tourism industry worldwide can significantly boost the market growth for personal transporter. The mounting demand for self-balancing electric two-wheelers also adds to the market strength. One of the top trends in the market can be the accelerated demand for eco-friendly smart personal transporter, personal mobility transporter and personal e-transporter. Many of the renowned automakers are highly focused on product innovation to facilitate mass reduction, sophisticated DSP processor, as well as an advanced battery technology. These advancements can be huge investment opportunities for the leading market firms in the following years, especially considering the COVID-19 impact on the world economy.

The global industry is flooded with new product launches as renowned vendors strive to gain higher impetus among their existing as well as potential customers. For instance, in July 2020, Lidl launched its latest e-hoverboard and e-scooter that features a rear electric brake, 2 independent braking systems 8” double-walled tires, front lights along with high-contrast display and yellow side reflectors.

Market Segmentation

The personal transporter industry can be dissected with respect to vehicle type, product, wheel type, weight capacity, travel range as well as application.
The primary vehicle types considered in the market study are e-scooter, e-bike, e-skateboard, e-hoverboard, and more.
Products that are outlined in the report are standing/self-balancing, folding and retro.
Depending on the weight capacity, the market caters to up to 10 kg, 10 kg-20kg, along with more than 20 kg.
In terms of the travel range, the market can be considered for up to 20 km, 20 km-35km, and more than 35 km.
The main application areas of personal transporters are off-road as well as on-road.

Regional Insight

The personal transporter industry can be regionally segregated with respect to North America, Europe, Asia Pacific or APAC as well as rest of the world or RoW.

Over the next few years, it is expected that APAC can be the global leader in the personal transporter market, thanks to the escalating use of retro two-wheelers and self-balancing scooters across the emerging countries of Vietnam, India, Japan and China. The mounting popularity of affordable and scaled-down e-vehicles, technological innovations in personal transporters, evolving lifestyles of the people combined with the improving economy are also some of the key factors that can enhance the market attractiveness in the region.

Europe is slated to be another strong contender in the global market, as a result of the surge in the number of strict government regulations paired with the soaring preference and sales of personal motorized transporters. Swing personal transporters are also gaining traction in Spain, France and the UK, while the off-road personal transporters are gaining interest from malls, hospitals and school. The high frequency of technological innovations in the field also boosts the market growth prospects in Europe.

Renowned Industry Companies

The renowned industry companies outlined in the MRFR study are Honda Motor Co., Ltd. (Japan), Inventist Inc. (US), Airwheel Holding Limited (China), BOXX Corp. (US), Segway Inc. (US), RazorUSA LLC (US), INMOTION TECHNOLOGIES CO. LTD. (China), Hangzhou CHIC Intelligent Technology Co., Ltd. (China), T3 Motion, Inc. (US), Onewheel (US), to list a few.

Browse Report @https://www.marketresearchfuture.com/reports/personal-transporter-market-8278

Latest News
July 2020
Evolve, a world renowned e-skateboard brand from Australia, has decided to set up its London base in the East London location for its business expansion. The company is expected to sell and distribute their famous e-skateboards in the region, in addition to product demos as well as test rides.

Browse More Automotive Research Reports

Advanced Driver Assistance Systems Market Research Report – Global Forecast to 2025 - https://www.marketresearchfuture.com/reports/advanced-driver-assistance-systems-market-4434

Agricultural Tractors Market Research Report – Global Forecast till 2023 - https://www.marketresearchfuture.com/reports/agricultural-tractors-market-7360

Automobile Care Products Market Research Report - Global Forecast till 2025 - https://www.marketresearchfuture.com/reports/automobile-care-products-market-8657

Automotive Chassis Market Research Report - Global Forecast to 2023 - https://www.marketresearchfuture.com/reports/automotive-chassis-market-5183

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release COVID-19 Accelerates Growth of Personal Transporter Market as Mass Transport Declines |Major Key Players are Inventist Inc. (US), Airwheel Holding Limited (China), BOXX Corp. (US), Segway Inc. (US). here

News-ID: 2097504 • Views: 272

More Releases from Market Research Future

Ethernet PHY Chip Market to Post 10.3% CAGR from 2020 and 2026 By Size, Share, C …
Market Overview Market Research Future (MRFR) projects that the global ethernet PHY chip market is set to expand at 10.3% CAGR between 2020 and 2026. The market is expected to surpass a valuation of the USD 14,200 Mn by the year 2026. Ethernet devices are used of support various types of physical media interfaces that requires high-speed networks. The rising application in digital televisions, gaming consoles, embedded telecom systems, set-top boxes is
Shortwave Infrared Market 2020 Global Industry Analysis By Identifying the Key M …
Market Synopsis: Shortwave infrared is sensitive to wavelengths ranging from 0.4 to 3 microns, which is 1,100 to 3,000 nanometers. This range is not visible to naked eyes, which is expected to lead to rising applications of the technology in the upcoming years. According to the study offered by Market Research Future MRFR), the global shortwave infrared market is anticipated to surpass USD 300 Mn mark by 2023 up from
Hybrid Fibre Coaxial (HFC) Market 2020 Size, Share, Growth, Trends, Product Spec …
Market Analysis Currently, hybrid fibre coaxial (HFC) is identified as one of the leading fibre optic technologies. In broadband communication, it uses optical fibre and coaxial cable combine, the major advantage of which, is that it offers greater enterprise video conferencing, voice transfer, telephony, and data services. Thus, the cost effictivness of HFC cables and their utility across industries and residential complexes can gain high earnings for the market. Moreover, the
Hybrid Fibre Coaxial (HFC) Market Size, Share, Top Key Players,Growth, Trends, P …
Market Analysis Currently, hybrid fibre coaxial (HFC) is identified as one of the leading fibre optic technologies. In broadband communication, it uses optical fibre and coaxial cable combine, the major advantage of which, is that it offers greater enterprise video conferencing, voice transfer, telephony, and data services. Thus, the cost effictivness of HFC cables and their utility across industries and residential complexes can gain high earnings for the market. Moreover, the

All 5 Releases


More Releases for Personal

Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
Personal Car Renting Business
The Car Rental sector has been there in the top list now for around a decade because the global economies are emerging and purchasing power of the people is increasing. The global car rental sector became an important part of the economy due to the introduction of the new concepts of doing the business-like personal car on rent service, outstation car renting, a car with and or without driver renting,
Personal Services Market
Personal Services Market Global Briefing 2017 Personal Services market global briefing provides strategists, marketers and senior management with the critical information they need to assess the global personal services sector. Reasons to Purchase: • Outperform competitors using accurate up to date demand-side dynamics information. Identify growth segments for investment. • Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market. • Develop strategies based on likely future developments. • Suitable for
Personal Care Appliances in China
Latest Report on Personal Care Appliances in China The growing pursuit of personal well-being, alongside increasing purchasing power, is fuelling demand for personal care appliances, with volume sales rising by a strong 6% in 2016. However, due to rising product penetration, growth is now slowing, with the economic downturn also having a negative impact on sales. Personal Care Appliances in China report offers a comprehensive guide to the size and shape of
Baby Personal Care Market
Monitoring the production of goods used for caretaking of babies becomes hypercritical in the premise of rising incidence of infections among infants. Owing to concerns about the potential health impact of chemicals in baby personal care products, manufacturers are scampering to include organic ingredients in their offerings. Authorities regulating the production of baby personal care products continue to adopt new techniques for eliminating the presence of harmful ingredients. In the
Personal Loan at loanbaba.com
If you give out a lot of repayments from monthly income, getting loans can be burdensome. This is why some cannot obtain one. However, for meeting main expenses, a personal loan is a smart tool. There is an application process that you have to follow to get the loan approved, especially if you do not possess a hard proof about your ability to pay. Importance of a Good Credit Score If you