Report Description

The Canada one wheel electric scooter market is expected to grow at a steady CAGR for the forecast period, 2023-2027. High demand from the youth population and the rapid transformations in urban transportation are the primary drivers of Canada one wheel electric scooter market. Also, the changing outlook of recreational activities and the high demand for green mobility solutions are expected to boost the market demand over the next five years.

Rising Demand for Sustainable Mobility Solution Drives the Market Growth

The growing pollution levels due to the release of greenhouse gases from automobiles harm the environment and health of the residents of Canada. According to the study of the government of Canada, transportation accounts for approximately 25% of Canada's greenhouse gas emissions which is one of the major reasons for the demand for zero-emission vehicles. Over 4000 electric two-wheelers were sold in Canada in 2020. The government is actively working on the decarbonization of the transportation sector and shifting towards clean energy fuel, thereby accelerating the adoption of electrically operated vehicles among consumers. The government has already invested over $1 billion to promote electric vehicles among consumers. The government is providing incentives to buys and manufacturers to invest in purchasing electric vehicles. The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a 5-year $280 million program that ends by 2024 is a project taken by the government to build charging and refueling stations in Canada, and the target to achieve zero emission by 2035 are expected to act as positive driver for Canada one wheel electric scooter market over the next five years.

Rapid Transformation of the Transportation Industry Supports the Market Growth

Canada is one of the largest countries in the world and is considered the most urbanized continent in the world. People prefer to live in urban areas in search of better job opportunities and quality living standards. The need for personal commute is growing at a rapid rate to reduce the traveling time. The urban passenger is inclining towards adopting technologically advanced commute solutions that are also eco-friendly and cost-effective for consumers. One wheel electric scooter is one of the leading mobility options among the youth population owing to its aesthetic appearance and compact design. Due to the changing rider requirements and the development of an effective and efficient commute system is expected to bolster the demand for Canada one wheel electric scooter market in the forecast period.

Low Maintenance and Operating Cost Fuels the Market Growth

The increasing price of petroleum products makes consumers look for alternate energy sources. One wheel electric scooter operates on electricity which lowers the operating cost of the vehicles. Manufacturers are developing one wheel electric scooters having a higher battery range than the previous versions, which is expected to improve the sales. Also, there are fewer working parts present in one wheel electric scooters, which eliminates the maintenance costs of one wheel electric scooter. The ease of riding the one wheel electric scooter and affordability is expected to fuel the market demand for the next five years. 


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Market Segmentation

The Canada one wheel electric scooter market is segmented based on type, speed limit, application, distribution channel, company, and regional distribution. Based on type, the market is divided into electric unicycle, and electric one-wheel hoverboard. Based on the speed limit, the market is divided into 20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and more than 50 Km/h. Based on application, the market is divided into off-road activities, and commuting. Based on distribution channel, the market is bifurcated into online and offline. The market is also studied by dividing Canada into regions namely Ontario, Quebec, The West, British Columbia, Atlantic Canada, and The North.

Market Players

Future Motion Inc., Ninebot Limited, SWAGTRON, IPS Electric Unicycle, SuperRide, Ride the Glide RTG – E-Bikes Inc., Airwheel Holding Limited, DYU & F-wheel, InMotion Canada are the major market players leading the growth of the Canada one wheel electric scooter market.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Speed Limit

·         Application

·         Distribution Channel

Region scope

Ontario, Quebec, The West, British Columbia, Atlantic Canada, The North

Key companies profiled

Future Motion Inc., Ninebot Limited, SWAGTRON, IPS Electric Unicycle, SuperRide, Ride the Glide RTG – E-Bikes Inc., Airwheel Holding Limited, DYU & F-wheel, InMotion Canada

Customization scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Canada one wheel electric scooter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Canada One Wheel Electric Scooter Market, By Type:
    • Electric Unicycle
    • Electric One-Wheel Hoverboard
  • Canada One Wheel Electric Scooter Market, By Speed Limit (Km/h):
    • 20 Km/h - 30 Km/h
    • 30 Km/h - 50 Km/h
    • More than 50 Km/h
  • Canada One Wheel Electric Scooter Market, By Application:
    • Off-Road Activities
    • Commuting
  • Canada One Wheel Electric Scooter Market, By Distribution Channel:
    • Online
    • Offline
  • Canada One Wheel Electric Scooter Market, By Region:
    • Ontario
    • Quebec
    • The West
    • British Columbia
    • Atlantic Canada
    • The North

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Canada one wheel electric scooter market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).


Canada one wheel electric scooter market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Canada One Wheel Electric Scooter Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Aided Brand Recall and Unaided Brand Recall

5.3.  Brand Satisfaction Level

6.    Canada One Wheel Electric Scooter Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Electric Unicycle, and Electric One-Wheel Hoverboard)

6.2.2.     By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h)

6.2.3.     By Application (Off-Road Activities, and Commuting)

6.2.4.     By Distribution Channel (Online, Offline)

6.2.5.     By Region

6.2.6.     By Company (2021)

6.3.  Product Market Map (By Type, By Speed Limit, By Application, By Distribution Channel, By Region)

7.    Canada Electric Unicycle Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Speed Limit

7.2.2.     By Application

7.2.3.     By Distribution Channel

7.3.  Product Benchmarking

8.    Canada Electric One-Wheel Hoverboard Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Speed Limit

8.2.2.     By Application

8.2.3.     By Distribution Channel

8.3.  Product Benchmarking

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends and Developments

11.  Policy and Regulatory Landscape

12.  Canada Economic Profile

13.  Competitive Landscape

13.1.              Company Profiles (Partial List of Leading Companies)

13.1.1.  Future Motion Inc.

13.1.2.  Ninebot Limited

13.1.3.  SWAGTRON

13.1.4.  IPS Electric Unicycle

13.1.5.  SuperRide

13.1.6.  Ride the Glide RTG – E-Bikes Inc.

13.1.7.  Airwheel Holding Limited

13.1.8.  DYU & F-wheel

13.1.9.  InMotion Canada

 14. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Changing outlook of the transportation industry and the high demand among the youth population are driving the demand for Canada one wheel electric scooter market.

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Future Motion Inc., Ninebot Limited, SWAGTRON, IPS Electric Unicycle, SuperRide, Ride the Glide RTG – E-Bikes Inc., Airwheel Holding Limited, DYU & F-wheel, InMotion Canada are the key players operating in the Canada one wheel electric scooter market.

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Based on type, the market is divided into electric unicycle, and electric one-wheel hoverboard. Electric unicycle is expected to hold the largest market share in the forecast period.

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Uncomfortable riding experience due to the design of one wheel electric scooter and low safety as compared to other commuting options may create hindrance in the Canada one wheel electric scooter market growth.

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Srishti Verma

Business Consultant
Press Release

Canada One Wheel Electric Scooter Market to be dominated by Electric Unicycle through 2027

Apr, 2022

Emergence of online sales channel and growing environmental concerns among consumers are expected to drive the demand of Canada one wheel electric scooter market in the forecast period, 2023-2027.