April 2019
BWC19140

110
global self balancing scooter market bwc19140
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 global double wheel self-driving
scooter. Unicycle market will grow by its features such as faster speed than
the double wheel and larger wheel size led to high pace & battery
performance is their wheel size.
Self-Balancing Scooter
End-Use Industry analysis
On the basis of End-User industry, the global
Self-Balancing Scooter market has been segmented Personal use and Commercial
use. By end-user industry, Commercial use segment will lead the market due to rising
adoption of Self-Balancing Scooter in public places and industry such as office
campus, manufacturing facilities and government places such as airport & railways
and by police during patrolling for its environmentally friendly and high pace
performance features. Personal use segment will trigger by the growing use of
it in residential and college campus especially by millennial generation.
Regional analysis of
Self-Balancing Scooter Market
On the basis of region, the Self-Balancing
Scooter market has been segmented into North America, Europe, Asia Pacific,
Middle East & Africa, and Latin America. Europe dominates the world
Self-Balancing Scooter market over the forecast period owing to the high
disposable incomes coupled with rapid urbanization and sufficient campuses and
places for utilizing it. North America market will grow by the presence of
giant players of the self-balancing scooter, the increment in disposable income
of consumers and the availability of ample space to use self-balancing scooters
·
To analyze and forecast market size of the Global
Self-Balancing Scooter market in terms of Value and Volume
·
To examine the careful market segmentation and forecast the
market size, in terms value and Volume, on the basis of the region by
segmenting Self-Balancing Scooter into five regions, namely, North America,
Europe, Asia Pacific, Middle East, and their leading countries.
·
To outline, categorized and forecast the global Self-Balancing
Scooter on the basis of product type and end-user Industry.
·
To examine competitive developments like expansions,
technological advancement, services, and regulative framework within the global
Self-Balancing Scooter market.
·
To highlight the impact analysis of the factors, affecting
the market dynamics such as drivers, restraints, opportunities, and challenges.
·
To strategically profile the key players and comprehensively
analyze their market shares along with detailing the competitive landscape for
market leaders.
Global Self-Balancing
Scooter Market Competitive Landscape
Companies such as Hangzhou Chic
Intelligent Technology Co., Ltd., Ninebot Inc., Shenzhen Counterbalance
Technology Co., Ltd., Inventist, Inc., Segway, Inc., Koogo Technology Inc.,
Freego Inc., Oxboard B.V., Robstep GB, IPS Electric Unicycle Co., Limited, Evoy
Technologies LLC, Razor USA LLC, Sky Walkers USA, RioRand Advanced Technology,
ESWING., ,Airwheel, Esway, Solowheel, Evoy Technologies, and Shenzhen Iezway
Technology are the key players for Manufacturing of Self-Balancing Scooter.
Key Target Audience:
·
Market research and consulting
firms
·
Industry associations
·
Global Self-Balancing
Scooter Services Providers
·
Research organizations and
consulting companies
·
Global Self-Balancing
Scooter distributors
·
Organizations, associations and
alliances related to Self-Balancing Scooter
market
·
Regulatory bodies
Scope of the Report
By Product Type
·
Unicycle Wheeled
·
Double-Wheeled
By End-User Industry
·
Personal use
·
Commercial use
In
addition, the report provides analysis of the Self-Balancing Scooter Market
with respect to the following geographic segments:
North
America
·
U.S.
·
Canada
Europe
·
Germany
·
U.K.
·
Italy
·
France
·
Rest of Europe
Asia
Pacific (APAC)
·
China
·
India
·
Japan
·
Australia
·
South Korea
·
Indonesia
·
Rest of Asia Pacific
LATAM
·
Brazil
·
Argentina
·
Rest of Latin America
MEA
·
Saudi Africa
·
UAE
·
Egypt
·
Rest of Middle-East
Business Questions answer by the report
·
How will the market
drivers, restraints and opportunities affect the market dynamics?
·
What will be the market size in
terms of value and volume and market statistics with detailed classification
·
Which segment dominates the
market or region and one will be the fastest growing and why?
·
A comprehensive survey of the
competitive landscape and the market participant players
·
Analysis of strategy adopted by
the key player and their impact on other players.
Customization Scope for the Client
Client
satisfaction is our first and last priority. And that’s why BlueWeave
Consulting offers customization according to Company’s specific needs. The
following customization options are available for the report:
Additional Company Information
·
With five
additional company detail analysis.
·
Additional country
analysis.
·
Detailed segment
analysis.
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