Personal Travel Systems Market Research Report 2024 | Valuates Reports

Personal Travel Systems Market Size

The global Personal Travel Systems market was valued at US$ 109 million in 2023 and is anticipated to reach US$ 146.7 million by 2030, witnessing a CAGR of 4.6% during the forecast period 2024-2030.

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A travel system refers to a pushchair that allows you to remove the seat unit and replace it with a car seat. This means you can move baby from your car to the pushchair chassis without having to unclip them from their car seat - it's ideal for saving time and effort if you're in and out of the car a lot.

With increasing concerns about climate change and environmental sustainability, there is a growing trend towards eco-friendly transportation alternatives. Electric skateboards, being powered by electric motors and not relying on fossil fuels, provide a greener and more sustainable mode of transportation for short distances. The emphasis on environmental consciousness drives the demand for electric skateboards. Electric skateboards serve as an efficient solution for urban mobility, particularly for short distances and last-mile connectivity. They are compact, lightweight, and agile, allowing riders to navigate through crowded city streets and reach their destinations quickly. The convenience and flexibility offered by electric skateboards make them an appealing option for urban commuters and individuals seeking alternative transportation methods. Continuous advancements in technology have significantly improved the design, performance, and safety features of electric skateboards. Integrated electronic systems, brushless motors, regenerative braking, and smart connectivity options enhance the overall riding experience and user convenience. Technological innovations in battery technology, such as longer battery life and faster charging, further contribute to the market growth. The rising popularity of electric vehicles in general has a positive influence on the electric skateboard market. As people become more familiar with the concept of electric-powered transportation, they are more likely to consider electric skateboards as a viable alternative for short trips. The overall growth and acceptance of electric vehicles create a favorable environment for the electric skateboard market to thrive. The growing interest in active and outdoor lifestyles, including recreational activities, has contributed to the increased demand for electric skateboards. Electric skateboards provide a fun and exhilarating way to explore the outdoors, engage in physical activity, and enjoy recreational riding. The desire for adventure, enjoyment, and a unique riding experience drives the market for electric skateboards. The influence of social media platforms and digital influencers plays a significant role in shaping consumer preferences and trends. Influencers who promote electric skateboards through social media platforms attract attention and generate interest among their followers. The exposure and positive portrayal of electric skateboards through influencer marketing contribute to increased awareness and demand for these products. Electric skateboards offer a cost-effective and convenient mode of transportation compared to traditional vehicles. They require less maintenance, have lower operating costs, and are often more affordable than cars or motorcycles. Additionally, electric skateboards can bypass traffic congestion, providing a time-saving advantage for riders. The cost-effectiveness and convenience associated with electric skateboards drive their adoption in the market.

This report aims to provide a comprehensive presentation of the global market for Personal Travel Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Personal Travel Systems.

By Type
• Skateboard Controller
• Scooter Controller
• Electric Moped Controller
• Accessories

By Application
• Electric Skateboard
• Electric Scooter
• Electric Bike

Key Companies
HOBBICO, T-motor, Shanghai Double Sky Model Co., Ltd., X-TEAM, Hobbywing Technology, Turnigy, Hobby king, SKYRC, Xiongcai Technology, Aerogenix

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