One Wheel Electric Scooter Market Overview
[PDF] One wheel electric scooter is a form of unicycle powered by an electric motor which is comprised of sensors, gyroscopes and accelerometers. One wheel electric scooter are convenient, safe and easy to use. Rapidly growth in urbanization and need of local commute has driven market growth. Presence of major players and growing strategic acquisitions of is likely to propel One Wheel Electric Scooter market growth.
One Wheel Electric Scooter Market Size:
|
Attributes |
Details |
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One Wheel Electric Scooter Market Value (2022) |
US$ 162.6Mn |
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One Wheel Electric Scooter Market Projected Value (2032) |
US$ 359.8Mn |
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One Wheel Electric Scooter Market CAGR (2022 – 2032) |
8.6% |
One Wheel Electric Scooter Market Dynamics
One Wheel Electric Scooter Market Drivers and Restrains:
Increased Green Mobility to fuel market growth
Increased green mobility across globe has become a leading factor in market growth. Rapidly growing population coupled with increased use of vehicles has resulted in severe air pollution causing wide range of health issues especially in an individual living in urban areas. Government initiative in reducing greenhouse gas emission across globe has fueled the market growth. One wheel electric scooter are eco-friendly with no use of fuel is likely to propel market growth.
For instance, in June 2023, according to (THE TIMES OF INDIA), green mobility has become a need of hour in India due to rapidly growing population and increased number of vehicles. Green Mobility is the use of eco-friendly transportation technologies such as hybrid vehicles, electric vehicles and alternative fuels like hydrogen and biofuels. Adoption of these technologies can help in reducing greenhouse gas emission, air pollution in India. Further, the launch of ‘Faster Adoption and Manufacturing of Electric Vehicles’ (FAME) scheme to promote adoption of electric vehicles is expected to power the demand for One Wheel Electric Scooter market growth.
Restrains:
However, uncomfortable riding experience and low safety as compared to other electric vehicles has restrained the demand for One Wheel Electric Scooter market growth.
One Wheel Electric Scooter Market Segmentation
One Wheel Electric Scooter Market Segmentation:
One Wheel Electric Scooter Market is segmented based on Product Type, Application, Sales Channel and Region.
Product Type Insight
On the basis of Product Type, One Wheel Electric Scooter Market is segmented into One Wheel Hoverboard, Unicycle. Unicycle product type segment is expected to dominate the target market growth as they are mostly preferred by consumers due to its level of comfort.
Application Insights
On the basis of Application, One Wheel Electric Scooter Market is segmented into Daily Commute, Off-road Activities.
Sales Channel Insights
On the basis of Sales Channel, One Wheel Electric Scooter Market is segmented into Offline Sales, Online Sales. Offline Sales channel is expected to dominate the target market growth due to growing customer preference towards buying product personally.
One Wheel Electric Scooter Market Regional Insights:
On region the One Wheel Electric Scooter Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market is estimated to witness a significantly high revenue share over the forecast period. High disposable income and rising adoption of one-wheel electric scooters as personal vehicle has boost the market growth in region.
Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. Rapidly growing urban population, increased green mobility coupled with rising production of electric vehicles especially in Japan and China has powered the market growth in region.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2022 |
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Forecast period |
2022 – 2032 |
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Market representation |
Revenue in USD Million & CAGR from 2022 to 2032 |
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Market Segmentation |
By Product Type - One Wheel Hoverboard, Unicycle By Application - Daily Commute, Off-road Activities By Sales Channel - Offline Sales, Online Sales |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.
Few Other Promising Reports:
One Wheel Electric Scooter Market Key Players
One Wheel Electric Scooter Market Key Players:
The key players operating 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.
Recent Development:
The New Launched Product News,
· In September 2023, INMOTION launched a new latest innovative ‘Electric Unicycle Adventure’. The new launched unicycle is designed with rugged design, cutting-edge technology, and with unparalleled performance for off-road adventures.
· In 2023, King Song showcased up at 2023 Hong Kong Global Sources Electronic Show with an impressive lineup of 2023 best electric unicycles, electric scooters, and e-bikes. The event has opened up a doors to electric vehicle enthusiasts and foreigners to showcase the China’s technological prowess in Electric Vehicle industry.
Strategic Acquisitions and Partnership News,
· In August 2022, Zeus Scooters an Irish start-up company acquired Zwings a UK-based scooter sharing company. Zwings provides e-bike, e-scooter rental options for almost 80,000 customers across cities, towns, and universities in UK.
One Wheel Electric Scooter Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- One Wheel Electric Scooter Market, By Product Type, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- One Wheel Hoverboard
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Unicycle
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- One Wheel Electric Scooter Market, By Application, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Daily Commute
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Off-road Activities
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Overview
- One Wheel Electric Scooter Market, By Sales Channel, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Offline Sales
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Online Sales
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- One Wheel Electric Scooter Market, By Region, Forecast Period up to 10 Years, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Sales Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Sales Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Sales Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Sales Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- Overview
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Sales Channel, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Mn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Changzhou Smilo Motors Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Airwheel Holding Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Future Motion Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IPS Electric Unicycle
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Inmotion Technologies Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dongguan Begode Intelligent Technology Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SuperRide
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- King Song Intell Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ninebot Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Swagtron
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The One Wheel Electric Scooter Market is segmented into Product Type, Application, Sales Channel and Region.
One Wheel Electric Scooter Market is driven by factors like increased green mobility.
By region, the One Wheel Electric Scooter Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating 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.
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%.