Press release
One Wheel Electric Scooter Market to Worth US$ 158.3 Million by 2028, With CAGR of 4.72% | IMARC Group
One Wheel Electric Scooter Market
How Big is the One Wheel Electric Scooter Market?
The global one wheel electric scooter market size reached US$ 118.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 158.3 Million by 2028, exhibiting a growth rate (CAGR) of 4.72% during 2023-2028.
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What is One Wheel Electric Scooter ?
A one-wheel electric scooter, also known as a single-wheel electric unicycle, is a personal mobility device designed for short-distance transportation. It features a single wheel and is powered by an electric motor, allowing riders to balance and maneuver using their body movements. It is available as a standard, off-road, high-performance, and foldable one-wheel electric scooter, which is designed to be easily folded, making it highly portable and suitable for urban commuters. It offers an efficient way to navigate congested urban areas and avoid traffic. It is also used for leisure and recreational activities and contributes to eco-friendly transportation options, as it produces no emissions during use.
What are the growth prospects and trends in the one wheel electric scooter industry?
At present, the increasing demand for one-wheel electric scooters as they help alleviate space issues in crowded urban environments where parking is limited represents one of the vital factors impelling the growth of the market. Besides this, the rising need for efficient, sustainable, and convenient modes of personal transportation is propelling the growth of the market.
In addition, the growing awareness about environmental preservation and focus on reducing carbon footprints is offering a favorable market outlook. Apart from this, the increasing availability of one-wheel electric scooters, which can be integrated with smartphones for navigation purposes, is supporting the growth of the market.
Additionally, the rising construction of cycle lanes on highways and main roads is bolstering the growth of the market.
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The report has segmented the market on the basis of region, product, speed limit, distribution channel and application.
Breakup by Product:
• Electric Unicycle
• Electric One Wheel Hoverboard
Breakup by Speed Limit:
• 20 Kmph - 30 Kmph
• 30 Kmph - 50 Kmph
• More than 50 Kmph
Breakup by Distribution Channel:
• Online
• Offline
Breakup by Application:
• Off-road Activities
• Daily Commute
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Airwheel Holding Limited, Dongguan Begode Intelligent Technology Co. Ltd., DYU & F-wheel, Future Motion Inc., Inmotion Technologies Co. Ltd., IPS Electric Unicycle, King Song Intell Co. Ltd., Ninebot Limited, SuperRide and Swagtron.
If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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