Published Date: May 2024
One wheel electric scooter is a personal transportation vehicle driven by on wheel on electric motor and are used mainly by Z generation across globe. It provides wide variety of benefits such as low operating costs, light & portability which has fueled the demand for market growth. Further, growing adoption of Tech-driven Mobility Services and IoT-Enabled Connected Devices has fruitful the demand for market growth. Growing hoverboards applications in industries for smooth and easy functioning of production process has provided lucrative opportunities in One Wheel Electric Scooter market growth over the forecast period.
The report “One Wheel Electric Scooter Market, By Product Type (One Wheel Hoverboard, Unicycle), By Application (Daily Commute, Off-road Activities), By Sales Channel (Offline Sales, Online Sales), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Highlights:
- In May 2020, an Indian EV (electric vehicle) group Ola acquired Etergo a Dutch electric scooter company. This acquisition will enable Ola group to strengthen and expand its Electric Vehicle business in market.
Analyst View:
One wheel electric scooter is an eco-friendly personal transportation system which has powered market growth. Growing advancement in one wheel electric scooter coupled with new launched innovative product has boost the market growth. Further, growing strategic partnerships among companies to strengthen its position in market is expected to propel the demand for One Wheel Electric Scooter market growth in coming years. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “One Wheel Electric Scooter Market, By Product Type (One Wheel Hoverboard, Unicycle), By Application (Daily Commute, Off-road Activities), By Sales Channel (Offline Sales, Online Sales), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Market Insights from the report:
One Wheel Electric Scooter Market accounted for US$ 162.6 million in 2022 and is estimated to be US$ 359.8 million by 2032 and is anticipated to register a CAGR of 8.6%. The One Wheel Electric Scooter Market is segmented based on Product Type, Application, Sales Channel and Region.
- Based on Product Type, One Wheel Electric Scooter Market is segmented into One Wheel Hoverboard, Unicycle.
- Based on Application, One Wheel Electric Scooter Market is segmented into Daily Commute, Off-road Activities.
- Based on Sales Channel, One Wheel Electric Scooter Market is segmented into Offline Sales, Online Sales.
- By Region, the One Wheel Electric Scooter Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of One Wheel Electric Scooter Market:
The prominent players operating in the One Wheel Electric Scooter Market includes, Changzhou Smilo Motors Co., Ltd., Airwheel Holding Limited, Future Motion Inc., IPS Electric Unicycle, Inmotion Technologies Co., Ltd., Dongguan Begode Intelligent Technology Co. Ltd., SuperRide, King Song Intell Co., Ltd., Ninebot Limited, Swagtron, and Others.
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