Press release
Hoverboard Scooter Market Skyrockets: Projected to Reach $11.19 Billion by 2029 Driven by Eco-Friendly Mobility and Technological Advancements
Hoverboard Scooter Market Share
What Is The Projected Market Size Of The Global Hoverboard Scooter Market And Its Growth Rate?
The hoverboard scooter market saw steady growth in recent years due to factors such as:
• Market size in 2024: $8.55 billion
• Estimated market size in 2025: $8.97 billion, growing at a CAGR of 4.9%
• Anticipated market size in 2029: $11.19 billion, growing at a CAGR of 5.7%
Key factors in this growth include the viral popularity of hoverboards, the challenges of urban commuting, and the expansion of e-commerce.
What Is Driving The Growth In The Hoverboard Scooter Market?
The trend of green mobility is a major driver for the growth of the hoverboard scooter market. Hoverboard scooters, being battery-powered, offer a convenient and eco-conscious solution for short-distance commuting, especially in urban areas. Furthermore, the global surge in electric vehicle sales reflects the growing emphasis on environmentally friendly transportation modes, thus propelling the growth of the hoverboard scooter market.
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Who Are the Key Players Driving Hoverboard Scooter Market Growth?
• Razor USA LLC
• Segway Inc.
• Swagtron
• GOTRAX
• Hover-1
• Jetson Electric Bikes
• Epikgo, Halo Board
• Skque
• TOMOLOO
• EPIKGO
• CHO Power Sports
• Xprit
• Megawheels
• Gyroor
• Sisigad
• StreetSaw
• Lamborghini
• Veeko
• Levit8ion
• Hoverheart
• Felimoda
• Hiboy
• Hyper GOGO
• EverCross
• FLYING-ANT
• Smart Balance
• Longway
• CXM Hoverboards
• NHT
What Are The Key Trends In The Hoverboard Scooter Market?
Emerging trends in the hoverboard scooter market include:
• Innovative design and engineering
• Technological advancements in battery technology
• Adoption of sustainable and eco-friendly materials
• Collaboration between hoverboard brands and tech companies
• Integration of AI for improved stability and user experience
What Are The Segments Of The Global Hoverboard Scooter Market?
The hoverboard scooter market can be segmented as follows:
• 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
Which Region Leads The Hoverboard Scooter Market?
North America was the largest region in the hoverboard scooter market in 2024, with the Asia-Pacific region expected to be the fastest-growing. The global market report includes regional data for Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Hoverboard Scooter Market Global Market Report?
- Market Size Analysis: Analyze the Hoverboard Scooter Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hoverboard Scooter Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hoverboard Scooter Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hoverboard Scooter Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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