The Hoverboard Scooter Global Market Report 2023, provides comprehensive information on the hoverboard scooter market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Hoverboard Scooter Global Market Report 2023, the global hoverboard scooter market is expected to grow from $7.72 billion in 2022 to $8.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hoverboard scooter market is expected to reach $10.01 billion in 2027 at a CAGR of 5.1%.
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Technological advancements are a key trend gaining popularity in the hoverboard scooter market. Major companies operating in the hoverboard scooter market are adopting new technologies to sustain their position in the market. For instance, in October 2022, Swagtron, a US-based electric rideable manufacturing company, launched the Shuttle Zipboard, the second generation of hoverboards for kids and teens. It combines skateboarding, surfing, and snowboarding elements into a thrilling riding experience. With its self-balancing technology, riders of all skill levels can easily navigate any terrain with precision control. The board features a patented LiFePo battery, known for its durability and safety, providing a range of up to 3–5 miles on a single charge. With its cutting-edge design and advanced features like LED lights and a Bluetooth speaker, the Shuttle Zipboard delivers a unique and enjoyable riding experience for kids and teens.
The hoverboard scooter market is segmented:
1) By Product Type: One Wheel Hoverboard, Unicycle
2) By Battery: Lithium-ion, Lead Acid, Nickel-metal Hydride
3) By Connectivity: Bluetooth, Wi-Fi, No Connectivity
4) By Sales Channel: Online, Offline
5) By Application: Personal Mobility Device, Business Purposes
North America was the largest region in the hoverboard scooter market in 2022.
The table of contents in TBRC’s hoverboard scooter market report includes:
1. Executive Summary
2. Hoverboard Scooter Market Characteristics
3. Hoverboard Scooter Market Trends And Strategies
4. Hoverboard Scooter Market – Macro Economic Scenario
5. Global Hoverboard Scooter Market Size and Growth
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26. South America Hoverboard Scooter Market
27. Brazil Hoverboard Scooter Market
28. Middle East Hoverboard Scooter Market
29. Africa Hoverboard Scooter Market
30. Hoverboard Scooter Market Competitive Landscape And Company Profiles
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading player
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