- October 2018 |
- Healthcare & Pharmaceutical / Health Care
- August 2019 |
- Electronics Services / Surveillance
Global Ground Penetrating RADAR (GPR) Market Size, by Product Type (Hand Held and Cart Based), Application (Transport & Road Inspection, Archaeology, Disaster inspection and Municipal & Environmental Protection), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Growth Potential, Trends Analysis, Competitive Market Size and Forecast, 2015-2025
- April 2019 |
- Automotive & Transportation / Automotive
Global Self-Balancing Scooter Market Size, by Product Type (unicycle and double wheeled), by End-Use Industry (Personal use and Commercial use), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Growth Potential, Trends Analysis, Competitive Market Size and Forecast, 2019-2025
Global Self-Balancing Scooter Market: Overview
Global Self-Balancing Scooter market is anticipated to worth USD 577.1 million by 2025, with a CAGR of 4.6% during 2019-2025. Self-Balancing Scooter is two-wheeled, electric, portable devices that are also commonly known as a hoverboard. They are powered by a battery operated device that in turn powers a motor which gives them the ability to move in all directions. Self-Balancing Scooter function like powered skateboards and consist of a platform for the rider, situated between two wheels and powered by large lithium-ion batteries. The trend of using modern and advanced electronic devices and increasing dependency on mobility equipment are vital factors expected to encourage the growth of the global Self-Balancing Scooter market in the upcoming period.
In addition, low power consumption and low maintenance cost in a self-balancing scooter coupled with alternative to walking and regular electric scooters are estimated to accelerate the growth of the market in the next few years. Moreover, increasing usage for entertainment and commuting purposes in college premises, entertainment parks, and organized events will fuel the growth of Self-Balancing Scooter market in the forecast period. Applications of Self-Balancing Scooter as new devices can be helpful for security guards and police officers in patrolling areas of public places where automobiles might not be an efficient alternative will contribute in the growth of Self-Balancing Scooter market in upcoming periods.
Furthermore, growing uses of Self-Balancing Scooter in office and college campuses owing to their features such as environment-friendly, noise-free and operate on electricity will prompt the global Self-Balancing Scooter market in the future timeline. Also, its advanced features like wireless charging and Bluetooth coupled with the increasing inclination toward advanced electronic devices is expected to provide opportunities in green zone places like college campuses will fuel the global Self-Balancing Scooter market in the forecast period.
Self-Balancing Scooter Product Type analysis
On the basis of Product type, the Self-Balancing Scooter market has been segmented into Unicycle and double wheeled. Double wheeled scooter dominates the global Self-Balancing Scooter owing to growing its uses in college premises, government offices and commuters due to its more flexibility and easier turn. Moreover, its high-performance control technology comes coupled with the number of sensors and advanced processors for ensuring of maximum flexibility and its lightweight in the account of durable aircraft-grade magnesium alloy will induce the...
- February 2019 |
- Chemicals And Materials / Chemicals