Press release
Hoverboard Scooter Market Expands at 5.1% CAGR, Hitting $1,246.2 Million by 2030
The global hoverboard scooter market was valued at $781.2 million in 2020, and is projected to reach $1,246.2 million by 2030, registering a CAGR of 5.1%. North America was the highest revenue contributor, accounting for $274.2 million in 2020, and is estimated to reach $402.6 million by 2030, with a CAGR of 4.2%. Asia-Pacific is estimated to reach $295.5 million by 2030, at a significant CAGR of 6.4%.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A12257
Increase in adoption of electric mobility solution pertaining to its low carbon footprints, continual changes in urban commute outlook, and inclination of millennial and Z generation toward these mobility equipment are the key driving factors of the global hoverboard scooter market. Moreover, the online sales segment is anticipated to create lucrative growth opportunities for the hoverboard scooter market, owing to its changing consumer preference toward the buying patterns and growing internet penetration. In addition, hoverboard scooters with the speed limit of less than 15 Kmh is expected to garner highest share in 2020, due to its wide range of applications and enhanced consumers safety while riding experience.
North America dominated the global hoverboard scooter industry. The U.S. is expected to be a leader in the market during the forecast period. However, Asia-Pacific is expected to witness highest growth rate in the global market, owing to increase in requirement for urban commute solutions. The global hoverboard scooter market is a fairly fragmented market with several number of players. Majority of the market participants are strategically involved in product launch, product development, partnership, and expansion activities.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/hoverboard-scooter-market/purchase-options
The spread of the COVID-19 pandemic has negatively impacted the global hoverboard scooters market, owing to commute restrictions, and is expected to weaken the financial performance of the market players in 2020. It has impacted the overall economy, and market participants are formulating strategic cost-saving plans. The major risk factors of the hoverboard scooters market participants are supply chain execution, regulatory & policy changes, dependency on labor, working capital management, and liquidity & solvency management.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
By type, the mid-size segment is expected to register significant growth during the forecast period.
On the basis of sales channel, the online sales segment is projected to lead the global market in terms of market share by the end of the forecast period.
Depending on speed limit, the Less than 15 Kmh segment is projected to lead the global market, in terms of market share.
Region wise, North America dominated the global hoverboard scooter market in 2020 in terms of market share.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A12257
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Future Motion Inc.,
Tomoloo Technology Industrial Co., Ltd.,
Halo Board,
HoverRobotix,
Uboard India Limited,
SWAGTRON,
Hetechi Ltd.,
Shenzhen Gyroor Tech (China) Co., Ltd.,
INMOTION Technologies Co., Ltd.,
Jetson Electric Bikes LLC
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Railway System Market
https://www.alliedmarketresearch.com/railway-system-market-A05987
Self-Driving Electric Vehicle Market
https://www.alliedmarketresearch.com/self-driving-electric-vehicle-market-A12266
Automotive Fintech Market
https://www.alliedmarketresearch.com/automotive-fintech-market
Asia-Pacific Marine HVAC Market
https://www.alliedmarketresearch.com/asia-pacific-marine-hvac-market-A74764
Cryogenic Liquid Transport Vehicle Market
https://www.alliedmarketresearch.com/cryogenic-liquid-transport-vehicle-market
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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