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Hoverboard Scooter Market 2023-2032: Demand, Future Outlook, Competitive Landscape And Major Players | Lexus, Razor Inc., Ducati Motor Holding S.p.A, Gogoro Inc., Dynacraft BSC Inc.
Hoverboard Scooter Market
The Business Research Company's Hoverboard Scooter Global Market Report 2023 identifies increase in the trend of green mobility as the major driver for the Hoverboard Scooter Market's growth in the forecast period. Green mobility refers to using environmentally friendly and sustainable modes of transportation that have a lower impact on the environment than traditional vehicles. Hoverboard scooters, being battery-powered and emission-free, align with the principles of green mobility. They offer a convenient and eco-conscious solution for short-distance commuting, especially in urban areas.
The global hoverboard scooter market is expected to grow from $7.72 billion in 2022 to $8.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hoverboard scooter market is expected to reach $10.01 billion in 2027 at a CAGR of 5.1%.
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Major competitors in the hoverboard scooter market are Lexus, Razor Inc., Ducati Motor Holding S.p.A, Gogoro Inc., Dynacraft BSC Inc., Bluefin Robotics Corp, TOMOLOO, Segway Inc., Jetson Electric Bikes, Jetson Electric Bikes LLC, Megawheels Technologies Inc., Reid Bikes, Swagtron, Onewheel, Changzhou Airwheel Technology Co. Ltd., Skque Products, ERideHero, GoTrax, MiniMotors, EcoReco Electric Scooter, Evolve Skateboards USA, Fluid Freeride LLC, XPRIT, Future Motion Inc., and VORO Motors Inc.
A key trend in the Hoverboard Scooter Market includes technological advancement. Major companies operating in the hoverboard scooter market are adopting new technologies to sustain their position in the market. For instance, in October 2022, Swagtron, a US-based electric rideable manufacturing company, launched the Shuttle Zipboard, the second generation of hoverboards for kids and teens. It combines skateboarding, surfing, and snowboarding elements into a thrilling riding experience. With its self-balancing technology, riders of all skill levels can easily navigate any terrain with precision control. The board features a patented LiFePo battery, known for its durability and safety, providing a range of up to 3-5 miles on a single charge. With its cutting-edge design and advanced features like LED lights and a Bluetooth speaker, the Shuttle Zipboard delivers a unique and enjoyable riding experience for kids and teens.
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The Hoverboard Scooter Market is segmented -
By Product Type: One Wheel Hoverboard, Unicycle
By Battery: Lithium-ion, Lead Acid, Nickel-metal Hydride
By Connectivity: Bluetooth, Wi-Fi, No Connectivity
By Sales Channel: Online, Offline
By Application: Personal Mobility Device, Business Purposes
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hoverboard Scooter Market.
The Business Research Company's "Global Hoverboard Scooter Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hoverboard Scooter Market Include:
1. Executive Summary
2. Hoverboard Scooter Market Characteristics
3. Hoverboard Scooter Market Trends And Strategies
4. Hoverboard Scooter Market - Macro Economic Scenario
5. Global Hoverboard Scooter Market Size and Growth
……
32. Global Hoverboard Scooter Market Competitive Benchmarking
33. Global Hoverboard Scooter Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hoverboard Scooter Market
35. Hoverboard Scooter Market Future Outlook and Potential Analysis
36. Appendix
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