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

Hoverboard Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global hoverboard market was estimated to be worth USD 900.72 million in 2023 and is predicted to expand to USD 1,384.19 million by 2032, with a CAGR of 4.90% during the forecast period 2024-2032.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/hoverboard-market/request-for-sample

𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐜𝐨𝐩𝐞:

This comprehensive study provides an accurate overview of the worldwide hoverboard industry. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by product type, application, sales channel, and region, offering a comprehensive picture of the market's state.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:

A hoverboard is a two-wheeled, battery-powered, self-balancing vehicle that can be operated for both business and personal purposes. It is also referred to as an electric skateboard, an autonomously hovering electric scooter, or a hands-free segway, which is a conventional segway without holds. The operator or rider stands on the hoverboard's footrest and controls the device's movement with their body weight. A hoverboard is a rechargeable, portable scooter that runs on batteries. When the rider is standing, it features two little venues on the upper side in between the wheels that operate as the seat. It is equipped with two rubber wheels on each side.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬:

● The key factors propelling the growth of the hoverboard market are the swift escalation of the global green mobility trend, the rising acceptance of various electric-powered mobility options, and the introduction of hoverboards as a practical personal commuting option with an electric-powered motor that guarantees zero carbon emissions and environmental impact.

● The targeted products' increasing ubiquity in a variety of commercial settings, such as shopping centers, factories, amusement parks, and sidewalks, and the growing demand for travel products that provide enjoyment, excitement, and adventure when traveling have significantly increased in recent years. This has, in turn, accelerated the rate at which products are needed.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:

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

𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭:

• 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

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

• Single Wheeled
• Double Wheeled

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

• Recreational Activities
• Business Purpose
• Personal Mobility

𝐂𝐨𝐮𝐧𝐭𝐫𝐲-𝐖𝐢𝐬𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

According to regional research, with a significant market share, in 2022, Europe led the market in hoverboard sales. This trend is expected to continue throughout the study period, driven primarily by developed countries' growing awareness of the significance of sustainable and environmentally friendly products as well as their growing need and demand for eco-friendly commuting options. Additionally, due to the region's increasing rate of urbanization, North America is expected to grow at the fastest rate in the hoverboard market during the projected period. As cities get more crowded, hoverboards offer a quick and convenient way for people to get around, making them popular among urban commuters. Additionally, consumers' high level of disposable income allows them to afford pricey or luxury items like hoverboards easily.

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

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:

𝐄𝐱𝐩𝐚𝐧𝐝𝐞𝐝 𝐏𝐨𝐥𝐲𝐬𝐭𝐲𝐫𝐞𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/11/07/2774734/0/en/Expanded-Polystyrene-EPS-Market-Size-Projected-to-Touch-USD-22-26-Billion-With-8-3-CAGR-by-2032-Report-by-Polaris-Market-Research.html

𝐇𝐨𝐦𝐞 𝐁𝐞𝐞𝐫 𝐁𝐫𝐞𝐰𝐢𝐧𝐠 𝐌𝐚𝐜𝐡𝐢𝐧𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/11/07/2774668/0/en/Global-Home-Beer-Brewing-Machine-Market-Share-Projected-to-Reach-USD-57-30-Million-By-2032-With-9-4-CAGR-Growth-Polaris-Market-Research.html

𝟑𝐃 𝐏𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐇𝐢𝐠𝐡 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐏𝐥𝐚𝐬𝐭𝐢𝐜 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/11/08/2775797/0/en/Global-3D-Printing-High-Performance-Plastic-Market-Anticipated-to-Reach-USD-1-108-93-Million-By-2032-at-24-5-CAGR-Growth-Polaris-Market-Research.html

𝐔𝐧𝐦𝐚𝐧𝐧𝐞𝐝 𝐒𝐮𝐫𝐟𝐚𝐜𝐞 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/11/10/2778058/0/en/Unmanned-Surface-Vehicle-USVs-Market-Size-Projected-USD-3-25-Billion-at-4-7-CAGR-Growth-By-2032-Global-Report-by-Polaris-Market-Research.html

𝐂𝐚𝐫 𝐂𝐚𝐦𝐞𝐫𝐚 𝐂𝐥𝐞𝐚𝐧𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/11/13/2778686/0/en/At-24-5-CAGR-Global-Car-Camera-Cleaning-Systems-Market-Size-Estimated-to-Reach-USD-4-401-80-Million-By-2032-Polaris-Market-Research.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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