Hoverboard Scooter Market Report: Trends, Forecast and Competitive Analysis to 2030

Hoverboard Scooter Trends and Forecast

The future of the global hoverboard scooter market looks promising with opportunities in the personal mobility device and business purpose markets. The global hoverboard scooter market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing popularity of green transportation, rising urbanization, need for local commutes, along with the reduction in battery costs per kWh and shifts in the perception of leisure and recreational activities.

A more than 150-page report is developed to help in your business decisions.

Hoverboard Scooter by Segment

The study includes a forecast for the global hoverboard scooter by type, sales channel, speed limit, application, and region.

Hoverboard Scooter Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Compact Size
• Mid-Size
• Full Size

Hoverboard Scooter Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:

• Online Sales
• Offline Sales

Hoverboard Scooter Market by Speed Limit [Shipment Analysis by Value from 2018 to 2030]:

• Less Than 15 Kmh
• More Than 15 Kmh

Hoverboard Scooter Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Personal Mobility Device
• Business Purposes
• Others

Hoverboard Scooter Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hoverboard Scooter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hoverboard scooter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hoverboard scooter companies profiled in this report include-

• FUTURE MOTION
• Halo Board
• HETECHI
• HoverRobotix
• INMOTION Technologies
• Jetson Electric Bikes
• Shenzhen Gyroor Tech
• SWAGTRON
• Tomoloo Technology Industrial
• UBOARD India

Hoverboard Scooter Market Insights

Lucintel forecasts that compact size will remain the largest segment over the forecast period because the compact hoverboard scooters are small and lightweight, making them easy to carry and store.

APAC is expected to witness highest growth over the forecast period due to increase in requirement for urban commute solutions.

Features of the Global Hoverboard Scooter Market

Market Size Estimates: Hoverboard scooter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hoverboard scooter market size by various segments by type, sales channel, speed limit, application, and region in terms of value ($B).

Regional Analysis: Hoverboard scooter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, sales channel, speed limit, application, and regions for the hoverboard scooter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hoverboard scooter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the hoverboard scooter market size?

Answer: The global hoverboard scooter market is expected to reach an estimated $1.1 billion by 2030.

Q2. What is the growth forecast for hoverboard scooter market?

Answer: The global hoverboard scooter market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hoverboard scooter market?

Answer: The major drivers for this market are growing popularity of green transportation, rising urbanization, need for local commutes, along with the reduction in battery costs per kWh and shifts in the perception of leisure and recreational activities.

Q4. What are the major segments for hoverboard scooter market?

Answer: The future of the global hoverboard scooter market looks promising with opportunities in the personal mobility device and business purpose markets.

Q5. Who are the key hoverboard scooter market companies?

Answer: Some of the key hoverboard scooter companies are as follows.

• FUTURE MOTION
• Halo Board
• HETECHI
• HoverRobotix
• INMOTION Technologies
• Jetson Electric Bikes
• Shenzhen Gyroor Tech
• SWAGTRON
• Tomoloo Technology Industrial
• UBOARD India

Q6. Which hoverboard scooter market segment will be the largest in future?

Answer: Lucintel forecasts that compact size will remain the largest segment over the forecast period because the compact hoverboard scooters are small and lightweight, making them easy to carry and store.

Q7. In hoverboard scooter market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increase in requirement for urban commute solutions.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hoverboard scooter market by type (compact size, mid-size, and full size), sales channel (online sales and offline sales), speed limit (less than 15 kmh and more than 15 kmh), application (personal mobility device, business purposes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?