openPR Logo
Press release

A new report explores the Self Balancing Scooter Market for the forecast 2016-2026

06-28-2017 12:28 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

A new report explores the Self Balancing Scooter Market for

Self-balancing scooters or Hoverboard use gyroscope to determine balance of board, motors keep speed according to the inclination of the person riding it. These scooters are designed to look futuristic and an alternative to walking. Initially, self-balancing scooters did not perform in market because of many limitations such as low range, improper functioning of electronics, and high cost. Now after spending a lot in research & development and advertisement by manufacturing companies, these scooters are becoming a profitable product. Many nation have now removed ban over using these scooters in public areas. These scooters are majorly used in shopping complexes, manufacturing facilities, sidewalks, parks, and various government buildings. Self-balancing scooter market is still at primitive stage. Awareness regarding self-balancing scooter is still a primary concern for the manufacturers. A lot of promotion techniques are being used by companies such as promotion on social media, celebrity advertising, and free rides to increase the awareness about self-balancing scooter.

Self-balancing scooter market: Market Dynamics

Self-balancing scooter look futuristic and are fun to drive. Moreover these scooters are less expensive than any other mobility scooters available in market. Self-balancing scooters are being promoted at office and college campuses because they are environment friendly, noise free and operate on electricity. The trend of using modern and advanced electronic devices and increasing dependency on mobility equipment is driving its demand in advanced economies. These scooters are being used by police to petrol certain places like streets and airports. Manufacturers of self-balancing scooters are regularly improving its ergonomics, technology, range, and adding various modern features such as wireless charging, Wi-Fi, and Bluetooth which can connect it with user’s personal gadgets. Features like these are encouraging people to buy these advanced products.

There have been various reports of explosion and malfunctioning of Self-balancing scooters. As the result of these reports, in Feb 2016, United States government declared these scooters as unsafe for public use. Governments of various countries have different rules regarding use of these scooters. These barriers are restraining its use and limiting its market to private properties. Usually these scooters have 15- 30 km range, charging time and the unavailability of charging stations is major problem. Despite of using various promotion techniques, awareness is still a major problem restraining its market growth.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1804

Self-balancing scooter market: Segmentation

Self-balancing scooter market can be segmented on the basis of product types, end use industries and region.

Based on product type

Single wheeled and double wheeled. Single wheeled scooter or self-balancing Unicycle are comparatively new in market. Due to this Unicycle is manufactured by less number of companies.

Based on end use industries

Personal use and Commercial use. Residential and college campus market comes under Personal use, while Commercial use segment is further divided into office campus, manufacturing facilities and government infrastructure such as airport and railways (usually used by police during patrolling).

Self-balancing scooter market: Regional outlook

Countries with high per capita income are encouraging markets for self-balancing scooters. Western Europe and North America have highest demand for these scooters. Especially U.S. has shown big demand for these scooters. China players are providing cheap scooters throughout the world. This has made China a major manufacturer of both Unicycle and double wheeled scooters. Self-balancing scooter market has limited signs of rise in African nations. Safety regulations are still posing problem in many cities around the world.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1804

Self-balancing scooter market: Keyplayers

The key players involved in the manufacturing of Self-balancing scooter include:

Ninebot Inc.

Inventist, Inc.

IPS Electric Unicycle Co.,Limited

Robstep GB

Hangzhou Chic Intelligent Technology Co., Ltd.

ESWING TECH.

Airwheel

Shenzhen Counterbalance Technology Co., Ltd.

Esway

Solowheel

Segway, Inc.

IO Hawk

Oxboard B.V.

Freego Inc.

Evoy Technologies

Koogo Technology Inc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release A new report explores the Self Balancing Scooter Market for the forecast 2016-2026 here

News-ID: 599841 • Views:

More Releases from Future Market Insights

External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Driven by Innovation and Expanding Healthcare Access
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Driven by Innovation and Expanding Healthcare Access
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Driven by Innovation and Expanding Healthcare Access
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Driven by Innovation and Expanding Healthcare Access
External Anti-infective Preparations Market USD 6,728.7 Million through 2035, Dr …
The global external anti-infective preparations market is on track for sustained growth, with revenues projected to rise from USD 5,412.8 million in 2025 to approximately USD 6,728.7 million by 2035, representing an absolute increase of USD 1,315.9 million and a compound annual growth rate (CAGR) of 2.2%. This expansion is fueled by the increasing prevalence of external infections and the growing demand for localized antimicrobial treatment solutions across hospitals, clinics,

All 5 Releases


More Releases for Unicycle

Electric Unicycle Market Size with Key Industry Development, Report Coverag, Sco …
Latest Electric Unicycle Market Analysis - 2023-2030 The report titled Electric Unicycle Market showcases an in-depth analysis of the overall Electric Unicycle market in terms of market size, segmentation for Electric Unicycle providers, end-users, geographies, Analysis Up to 2030 The report Global Electric Unicycle Market analyzes the strategy patterns, and forecast in the coming years. The report evaluates the market size of the Global Electric Unicycle Market studies the strategy patterns adopted
Electric Unicycle Market Worth Observing Growth | Inventist, IPS, Robstep, INMOT …
The latest released Electric Unicycle market research of 121 pages suggests that the industry has made modest progress in tech-driven transformation since 2017. Many organizations have yet to scale their end use applications beyond pilots and proofs-of-concept. Yet, there is a group of manufacturers in Electric Unicycle Market that are making significant progress in driving use cases at scale. Characteristics of this group offers an insight into best practice in
Global Electric Unicycle Market: 2021 Analysis Report, Share, Trends, Overview 2 …
Electric unicycles consist of a single wheel. The self-balancing of an electric unicycle is achieved with the help of a gyroscope and accelerometer. The electric unicycle consists of an electric motor, a rechargeable battery, a motherboard with a driver and a gyro. Moreover, electric unicycles are driven not by human interaction, but by the help of electric motors. The versatility and compact size to be able to drive on any
Global Electric Unicycle Market Research Report 2017-2022
Global Electric Unicycle Market Report 2017 is a professional and deep research report in this field. For overview analysis, the report introduces Electric Unicycle basic information including definition, classification, application, Market chain structure, Market overview, policy analysis, and news analysis, etc. Read Complete Report @ http://www.marketresearchstore.com/report/global-electric-unicycle-industry-market-research-2017-130632 For technical data and manufacturing plants analysis, the report analyzes Electric Unicycle leading suppliers on capacity, commercial production date, manufacturing plants distribution, R&D status, technology sources,
United States Electric Unicycle Industry 2016 Market Research Report
MarketResearchReports.Biz presents this most up-to-date research on "United States Electric Unicycle Industry 2016 Market Research Report" Description The United States Electric Unicycle Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Electric Unicycle industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Electric Unicycle market analysis is provided for the United States markets including development
Global Electric Unicycle Consumption Report with Detailed Analysis of Competitiv …
Global Electric Unicycle Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. The report titled Electric Unicycle is a result of meticulous research carried out by a team of researchers and analysts and compiled using opinions and recommendations from industrial experts. It provides a detailed description of the primary and secondary research and economic indicators used in collating the report.