Hoverboard

Hoverboard Market Size US$ 1,312.3 Mn Value Anticipated To Reach By 2030 Hoverboard Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030

Share This Article

As per the experts, the hoverboard market is predicted to record a growth rate of 6% from 2021-2030 and is projected to reach US$ 1,312.3 million by 2030.

The study provides the overall revenue of the global hoverboard market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global hoverboard market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the hoverboard industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

We customize your report according to your research need. REQUEST SAMPLE OR CUSTOMIZED COPY OF THIS REPORT (Including TOC, List of Tables & Figures, and Chart) @ https://www.precedenceresearch.com/customization/1304

Crucial factors accountable for market growth are:

  • Rapidly growing urbanization
  • Increased demand for the high-tech products
  • Rising demand for hoverboards among children
  • Growing adoption of hoverboards in commercial spaces
  • Heavy investments on improving product safety
  • Growing demand for green mobility

Report Highlights

  • Based on the product type, the double wheeled segment dominated the market in 2020. This is owing to the increased penetration and easy availability of double wheeled hoverboards in the market. Double wheeled hoverboards are extensively used owing to its ease and convenience of riding.
  • Based on the size, the compact size segment is estimated to be the most opportunistic segment owing to the increasing popularity of the small sized and light-weight hoverboards among the children for indoor driving.
  • Based on the application, the commercial segment dominated the market in 2020. This is attributable to the rising adoption of hoverboard among the policemen and security personnel for patrolling purposes. Further, growing usage of hoverboards in the college campuses, manufacturing facilities, and shopping complexes has fueled the growth of this segment in the past years.

Scope of the Hoverboard Market Report

Report Coverage Details
Market Size in 2020 US$ 734.5 million
Growth Rate from 2021 to 2030 CAGR of 6.0%
Base Year 2021
Forecast Period 2021 to 2030
Largest Market Europe
Fastest Growing Market North America
Segments Covered Product, Size, Application, Region

Regional Snapshots

Based on the region, Europe dominates the global hoverboard market. Europe is characterized by increased demand for sustainable products, increased consumer awareness, rising demand for the high-end technically developed products, and rising demand for the hoverboards in the commercial spaces such as shopping malls and complexes. Hoverboard is now increasingly used in huge college campuses for its power efficiency and cheap mobility. The growing government initiatives to reduce carbon footprint is positively boosting the growth of the hoverboard market in the region. The high popularity of hoverboards among the children in Europe is significantly fueling the market growth. For this, Europe is expeted to sustain its position throughout the forecast period.

North America is estimated to be the most opportunistic market. This is attributed to the higher adoption rate of technologically developed products among the population. Moreover, the North American consumers are highly stimulated by the product quality and the rising investments in installing safety features is further propelling the market growth in this region. The adoption of hoverboard is increasing among the security staffs for patrolling. Moreover, it facilitates mobility in huge complexes and manufacturing facilities that fuels the demand for the hoverboard in the commercial spaces.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global hoverboard market are as follows:

  • Ninebot, Inc.
  • Segway, Inc.
  • Razor USA
  • Hangzhou Chic Intelligent Technology Co. Ltd.
  • RioRand Advanced Technology
  • Evoy Technologies
  • Sky Walkers USA
  • Robstep GB
  • IPS Electric Unicycle Co.
  • Shenzhen Lezway Technology

Segments Covered in the Report

By Product

  • Double Wheeled
  • Single Wheeled

By Size

  • Compact Size
  • Mid-Size
  • Full-Size

By Application

  • Personal Mobility
  • Recreational Activities
  • Commercial
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the hoverboard market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global hoverboard market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for hoverboard are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Hoverboard Market, By Product

7.1. Hoverboard Market, by Product Type, 2021-2030

7.1.1. Double Wheeled

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Single Wheeled

7.1.2.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Hoverboard Market, By Application

8.1. Hoverboard Market, by Application, 2021-2030

8.1.1. Personal Mobility

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Recreational Activities

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Commercial

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Hoverboard Market, By Size 

9.1. Hoverboard Market, by Size, 2021-2030

9.1.1. Compact Size

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Mid-Size

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Full-Size

9.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Hoverboard Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. Market Revenue and Forecast, by Size (2019-2030)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.5.3. Market Revenue and Forecast, by Size (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. Market Revenue and Forecast, by Size (2019-2030)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5.3. Market Revenue and Forecast, by Size (2019-2030)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6.3. Market Revenue and Forecast, by Size (2019-2030)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.7.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.7.3. Market Revenue and Forecast, by Size (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. Market Revenue and Forecast, by Size (2019-2030)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5.3. Market Revenue and Forecast, by Size (2019-2030)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6.3. Market Revenue and Forecast, by Size (2019-2030)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.7.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.7.3. Market Revenue and Forecast, by Size (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5.3. Market Revenue and Forecast, by Size (2019-2030)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6.3. Market Revenue and Forecast, by Size (2019-2030)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.7.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.7.3. Market Revenue and Forecast, by Size (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Market Revenue and Forecast, by Size (2019-2030)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4.3. Market Revenue and Forecast, by Size (2019-2030)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.5.3. Market Revenue and Forecast, by Size (2019-2030)

Chapter 11. Company Profiles

11.1. Ninebot, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Segway, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Razor USA

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Hangzhou Chic Intelligent Technology Co. Ltd.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. RioRand Advanced Technology

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Evoy Technologies

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Sky Walkers USA

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Robstep GB

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. IPS Electric Unicycle Co.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Shenzhen Lezway Technology

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Purchase This Premium Research Report @ https://www.precedenceresearch.com/checkout/1304

About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defence, among different ventures, present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://precedenceresearchnews.wordpress.com

Follow us on LinkedIn | Twitter | Facebook

Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

View all posts by Precedence Research →