Hoverboard is a battery operated, two-wheeled
self-balancing device that is used for personal transportation. It is also
referred to as a self-balancing electric scooter, or electric skateboard, or
hands-free Segway (traditional Segway's with handles are not included in this
definition). Rider or the operator stands on the hoverboard with both feet and
have to use their body weight to control movement of hoverboard. Over the past
few years, demand for hoverboards increased owing to growing use of hoverboard for
personal mobility, as well as for recreational activities across the globe.
Moreover, rising interest of
people in battery operated self-balancing scooters, coupled with growing youth
population are further anticipated to drive global hoverboard market during the
forecast period.
According
to TechSci Research report, “Global Hoverboard Market By Type, By
Application, By Region, Competition Forecast & Opportunities, 2015-2021”, hoverboards market is projected to
surpass $1.8 billion by 2021, owing to expanding youth population, increasing
adoption of hoverboards for personal mobility and recreational activities.
Moreover, 6.5 inch hoverboard dominated global hoverboard market in 2015, and
same trend is further anticipated to continue during the forecast period, on
account of it’s low price and easy availability.
Asia-Pacific
region accounted for largest share in global hoverboard market in 2015, and the
region is forecast to continue its dominance
during the forecast period as well due to increasing demand from countries such as China, Japan, Australia,
Singapore, Malaysia. “Global Hoverboard Market By Type, By
Application, By Region, Competition Forecast & Opportunities, 2015-2021” report
elaborates following aspects of hoverboards across the world:
- Global
Hoverboard Market Size, Share & Forecast
- Segmental
Analysis – By Type (6.5 Inch, 8 Inch and 10 Inch), By Application (Recreational
Activities, Personal Mobility Device, Business Purposes & Other*), By Region (Asia-Pacific, Europe, North America, Rest of World and South America)
- Policy
& Regulatory Landscape
- Changing
Market Trends and Emerging Opportunities
- Competitive
Landscape and Strategic Recommendations
Why You Should Buy This Report?
- To gain
an in-depth understanding of global hoverboard market
- To
identify the on-going trends and segment wise anticipated growth in the coming
years
- To help
industry consultants, hoverboard companies and other stakeholders to align
their market-centric strategies
- To
obtain research based business decision and add weight to presentations and
marketing material
- To gain
competitive knowledge of leading players
- To
avail 10% customization in the report without any extra charges and get the
research data or trends added in the report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based
on both primary and secondary sources. Primary research included interviews
with hoverboard manufacturers, distributors, retailers and industry experts.
Secondary research included an exhaustive search of relevant publications like
company annual reports, financial reports and proprietary databases.