Hoverboard Market Projected to Hit USD 1,384.19 Million by 2032, to grow at a CAGR of 4.90% | PMR

According to the research report, the global Hoverboard Market was valued at USD 900.72 million in 2023 and is expected to reach USD 1,384.19 million by 2032, to grow at a CAGR of 4.90%during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐋𝐢𝐧𝐤: https://www.polarismarketresearch.com/industry-analysis/hoverboard-market/request-for-sample

The report examines everything a marketer needs before financing in the global hoverboard industry during the forecast period 2024-2032. Hoverboard Market Share, Size, Trends, Industry Analysis Report, By Product Type (Single Wheeled and Double Wheeled); Application; Sales Channel; Region; Segment Forecast, 2024 - 2032. This report provides a thorough understanding of market shares, size, current trends, and sales value.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

Because there are so many companies in the industry, it is expected to be both competitive and fragmented.

𝐓𝐡𝐞 𝐌𝐚𝐣𝐨𝐫 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬 𝐈𝐧 𝐓𝐡𝐞 𝐇𝐨𝐯𝐞𝐫𝐛𝐨𝐚𝐫𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐫𝐞:

• Ninebot Inc.
• HaloBoard
• Segway Inc.
• TOMOLOO Technology Industrial Co. Ltd.
• SURFUS
• Hangzhou Chic Intelligent Technology Co.
• Shenzhen Rooder Technology Co. Ltd.
• JIALIKE Electronic Company Ltd.
• Airwheel Technology Company Co. Ltd.
• Shenzhen Uwheel Technology
• Skque Products
• Razor USA LLC
• Sky Walkers
• Shenzhen Lezway Technology
• Evoy Technologies
• and Robstep GB.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/2490/2

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

• Single Wheeled
• Double Wheeled

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

• Recreational Activities
• Business Purpose
• Personal Mobility

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:

A hoverboard is a two-wheeled, self-balancing, battery-powered vehicle that can be used for both personal and professional transportation. It is also known as an electric skateboard, an electric scooter that balances on its own, or a hands-free Segway-that is, a traditional Segway without grips. By using their body weight to control the hoverboard's movement, the rider or operator stands on the footrest of the device. A hoverboard is a battery-powered, portable, rechargeable scooter. It has two little platforms on the upper side between the wheels that serve as the rider's seat when the rider is standing. It has two rubber wheels installed on both sides.

𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:

● The global hoverboard market size and share were valued at USD 900.72 million in 2023 and are expected to grow to USD 1,384.19 million by 2032.

● The industry is expected to expand at a CAGR of 4.90% during the forecast period.

● The market is mainly segmented based on product type, application, sales channel, and region.

● The Europe region dominated the global hoverboard industry, accounting for a sizable share in 2022. This was due to the expanding need and demand for eco-friendly commuting alternatives and growing awareness of the importance of sustainable and environmentally friendly products, particularly in developed countries.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/hoverboard-market

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬:

The rapid rise in the global tendency for green mobility, as well as the increasing popularity of several electric-powered mobility solutions and the emergence of hoverboards as an adequate confidential commute solution powered by an electric-based engine are the major factors driving the global hoverboard market growth.

𝐇𝐨𝐯𝐞𝐫𝐛𝐨𝐚𝐫𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• Single wheeled segment is expected to grow at the fastest CAGR during the projected period, mainly driven by its growing adoption because of the integration of gyroscopic sensors and its ability to provide a unique riding experience

• Recreational activities segment held the majority market share in 2022, on account of the rising number of people participating in outdoor fitness activities and the growing popularity of hoverboards as a fun activity on picnics and beach trips

• Online segment accounted for the largest market share in 2022, which is highly attributable to an increase in internet penetration and the surging number of people opting for online platforms for purchasing hoverboards

• Europe region dominated the market with considerable market share in 2022, owing to the emergence of various sustainable transportation solutions and the incorporation of high-tech features

• The global key market players include TOMOLOO Technology Industrial, JIALKE Electronic Evoy Technologies, Ninebot, and Chic Intelligent Technology

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐅𝐚𝐬𝐭𝐞𝐧𝐞𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/07/19/2707462/0/en/Global-Industrial-Fasteners-Market-Size-Share-Likely-to-Reach-Around-USD-137-476-98-Million-By-2032-at-4-4-CAGR-Polaris-Market-Research-Analysis-Report.html

𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭 𝐎𝐟 𝐓𝐡𝐢𝐧𝐠𝐬 (𝐈𝐨𝐓) 𝐈𝐧 𝐑𝐞𝐭𝐚𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/07/20/2708338/0/en/Internet-Of-Things-IoT-In-Retail-Market-Size-Share-Envisaged-to-Reach-USD-507-32-Billion-By-2032-at-28-2-CAGR-Statistics-Applications-Trends-Analysis-by-Polaris-Market-Research.html

𝐏𝐨𝐥𝐲𝐥𝐚𝐜𝐭𝐢𝐜 𝐀𝐜𝐢𝐝 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/07/24/2709629/0/en/Global-Polylactic-Acid-Market-Size-Value-Projected-to-Exceed-USD-3-665-79-Million-By-2032-at-19-3-CAGR-Rise-Polaris-Market-Research.html

𝐈𝐧𝐭𝐞𝐫𝐧𝐞𝐭 𝐨𝐟 𝐁𝐞𝐡𝐚𝐯𝐢𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/07/25/2710527/0/en/Global-Internet-of-Behavior-IoB-Market-Size-Share-Will-Reach-USD-2-635-01-Billion-By-2032-at-21-8-CAGR-Growth-Polaris-Market-Research.html

𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐄𝐧𝐠𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/07/26/2711419/0/en/Global-Insights-Engine-Market-Size-Share-Estimated-to-Grow-Over-USD-14-74-Billion-By-2032-With-25-3-CAGR-Report-by-Polaris-Market-Research.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

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Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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