Hoverboard Market (By Product - 6.5 inch, 8 inch, 10 inch; By Application - Recreational activities, Business Purposes, Personal Mobility, Others) - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Published | Pages : 180

Introduction

Hoverboard is a two-wheeled, battery operated self-balancing vehicle which is used for business and personal transportation purposes. It is also called an electric skateboard, self-balancing electric scooter or hands-free Segway, the conventional Segway's with no handles. Operator or the rider stands on the footrest of the hoverboard and uses their body weight to make good control on the movement of the hoverboard. A hoverboard, is a rechargeable, portable and battery operated scooter. It consists of two rubber wheels fitted on both sides and have two small platforms on upper side between the wheels which acts as the rider’s seat where the rider stands. Hoverboards are controlled by the feet of rider and stands on the pre-installed gyroscopic sensored pads.

Market Dynamics

Off late, the demand for hoverboards has increased considerably owing to the rising use of hoverboards for recreational activities as well as for personal mobility and is gaining popularity across the globe. Moreover, increasing interest of consumers towards self-balancing and battery operated scooters along with rising population of youngsters are some key factors further expected to boost the demand for hoverboards thus driving the growth of the global hoverboard market over the forecast period.

Regional Overview

The global hoverboard market is anticipated to witness fastest growth in Asia-Pacific owing to increasing per capita disposable income along with increasing inclination of consumers towards recreational activities. Moreover, rapid urbanization and increasing preference towards electronic devices among youngsters and kids is another major factor fueling the growth of global hoverboard market in Asia-Pacific. North America is anticipated to be the second largest market in global hoverboard market due to rising preference for electronic scooters among teenagers and office going population. Further, Europe is projected to register the third largest growth due to increasing development in emerging markets like Germany, Italy, U.K and France among others. Brazil and Argentina in Latin America are the two most lucrative markets anticipated to witness growth in the hoverboard market due to rising recreational and sports activities and increasing consumer preference towards battery operated commutation alternatives. Asia-Pacific region accounted for the largest market share in global hoverboard market and is forecasted to dominate during forecast period owing to increasing demand from developing countries such as Japan, China, Singapore, Australia and Malaysia among others.

Market Classification

The market can be bifurcated on the basis of product type, application and region. By product type, the global hoverboard market can be segmented into 6.5 inch, 8 inch and 10 inch. On the basis of application, the global hoverboard market can be segmented into recreational activities, business purposes, personal mobility and others. On the basis of region, the global hoverboard market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Global Hoverboard Market

Analysis Period

2014 – 2024

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Product, Application, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in the supply of power sports products are focusing on key market strategies such as mergers and acquisitions along with improvement in old products and innovations in new product development. They are also concentrating on bringing up new products to meet the demands in the ever-competitive market. Some of the players in the hoverboard market include Razor USA LLC, The White Chair Limited, Ninebot Limited, Hangzhou Chic Intelligent Technology Co., Ltd., Shenzhen Jialike Electronic Company Ltd., Wuyi Chuangxin Metal Tools Co., Ltd., Shenzhen Rooder Technology Co., Ltd., Inventist, Inc., Zhejiang Topso Technology Co., Ltd., Fosjoas Technology Co., Ltd., Airwheel Technology Holding (USA) Co., Ltd., Shenzhen Uwheel Technology Co., Ltd., Hoverboard Express, LLC, Shenzhen Freefeet Technology Co. Ltd., Swagway LLC, Phunkee Tree, Inc., PTX Performance Products USA, LLC, Soibatian Corporation d.b.a. IO HAWK, Zhengzhou F-wheel Industrial Co., Ltd. and Hama GmbH & Co KG among others.

Market Segmentation

Market By Product
  • 6.5 inch
  • 8 inch
  • 10 inch
Market By Application
  • Recreational activities
  • Business purposes
  • Personal mobility
  • Others
Market By Geography
 
North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Rest of Europe
Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
Latin America
  • Brazil
  • Rest of Latin America
Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA


Related Reports

On-Highway Vehicle Lighting Market (By Product Type: Halogen, High Intensity Discharge (HID), LED, Incandescent, LASER; By Application: Headlights, Other External Lights, Interior Lights; By Vehicle Type: Motorcycle, Passenger car, Buses, Light Trucks (Class 1-3), Medium Truck (Class 4-6), Heavy Truck (Class 7&8)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global On-highway vehicle lighting market size is anticipated to around USD 43.4 billion by 2026, this market is anticipated to grow with 5.4% CAGR during the forecast time period. Market Dynamics The market is driven by developing car generation crosswise ov

Automotive Interior Leather Market (By Vehicle: Passenger Cars, Light Commercial Vehicles, Trucks & Buses; By Material: Genuine, Synthetic; By Application: Upholstery, Headliners, Carpet, Seat Belt, Other) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global automotive interior leather market size is anticipated to reach USD 47.2 billion by 2026, registering at a CAGR growth of 6.9% over the forecast period. The speedily expanding automotive sector across the globe is anticipated to boost the automotive interior leather market during the forthcoming years. Also, blast in car manufacturing indust

Automotive Wiring Harness Market (By Component: Electric Wires, Connectors, Terminals, Others; By Application: Body, Chassis, Engine, HVAC, Sensors; By Electric Vehicle: Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV); By Vehicle: Light Vehicle, Heavy Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction The global automotive wiring harness market size is projected to around USD 78.3 billion by 2026, the market is projected to grow with 6.1% CAGR during the forecast time frame. Market Dynamics Expanding purchaser disposable income levels, especially in developing

Autonomous Vehicle Sensors Market (Product Type: LIDAR, RADAR, Ultrasonic Detectors, Image Censors; Application: Sports Cars, Taxis, Individuals, Others; End-Use Industry: E-Commerce, Automotive, Travels & Tours, Multinationals, Marine and Aerospace) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to research, the autonomous vehicle sensors market is expected to grow at a market value of nearly $XX Billion by 2026, at approximately XX% CAGR. Autonomous vehicle sensors are electronic devices that constantly monitor their surrounding areas and generate information. Sensors are the primary part of autonomous vehicles. As sensors play a vital role, without

Automotive Sensors Market (Sensor Type: Pressure Sensor, Temperature Sensor, Speed Sensor, Position Sensor, O2 Sensor, NOX Sensor, Inertia Sensor, Image Sensor, Others; Vehicle Type: Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV); Application: Powertrain, Chassis, Exhaust, Safety & Control, Body Electronics, Telematics, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction According to research, the automotive sensors market is expected to grow at a market value of nearly $44.2 Billion by 2026, at approximately 7% CAGR. Sensors are the crucial parts of the vehicle safety systems. Sensors are used in measuring or recording physical phenomena, detecting and consequently responding by transmitting information, affecting system control or in

Blind Spot Monitoring Market (Type: Passenger, Commercial; Product: RADAR Sensor, Ultrasonic Sensor, Application: OEM, After Market) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Introduction The blind spot monitor is an automobile based sensor device that senses other vehicles located to the driver’s side. Warnings from the system are generated and can be in forms such as audible, tactile, visual or vibrating. However, blind spot monitors may do more than monitoring from the sides and rear of the automobile. They may also incorporate cross traffic al

Cart Summary