The global market discussion on hoverboard industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Hoverboard Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on hoverboard market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining the competitive lead. Some of the prime regions emphasized in the study include key regions.
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According to the recent study conducted by Fact.MR, the global hoverboard market will surpass a valuation of US$ 1,700 Mn. The demand for hoverboards has gained traction owing to its increasing affordability. Manufacturers are trying to make the product accessible to a wide pool of consumers, which has led to the availability of hoverboards at a lower-price range. The rising trend of using new-age electronic devices and increasing reliance on mobility equipment is fueling the demand for hoverboard in developed markets
APEJ’s Hoverboard Market to Remain More Lucrative than Markets in North America & Europe
Asia-Pacific excluding Japan (APEJ) is to remain the most lucrative market for hoverboard in 2022, and the trend is anticipated to continue over the next couple of years. During the forecast period, the hoverboard market in APEJ is projected to expand at a strong CAGR of 6.2%.
Double Wheeled will Remain the Most Sought-After Hoverboard Type
On the basis of product type, demand for double wheeled segment will continue to grow in 2017 and beyond. Presently, the segment accounts for more than two-third share of the market in terms of revenue. The double wheeled product type segment is expected to grow at around US$ 75.6 Mn annually over the course of the forecast period.
Competition Tracking
Razor USA, LLC, Ninebot Inc., HaloBoard, EPIKGO, Segway Inc., Skque Products, TOMOLOO Technology Industrial Co., Ltd., Megawheels, SURFUS, Genesis, Hangzhou Chic Intelligent Technology Co., Ltd., Shenzhen Rooder Technology Co., Ltd, Shenzhen JIALIKE Electronic Company Ltd., Airwheel Technology Holding ( USA ) Co., Ltd., Shenzhen Uwheel Technology Co., Ltd., are the key companies profiled in the Fact.MR’s report.
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Table of Contents:
- Global Hoverboard Market - Executive Summary 2. Global Hoverboard Market Overview 2.1. Introduction 2.1.1. Global Hoverboard Market Taxonomy 2.1.2. Global Hoverboard Market Definition 2.2. Global Hoverboard Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Hoverboard Market Y-o-Y Growth 2.3. Global Hoverboard Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Cost Structure 2.6. Pricing Analysis 2.7. Raw Material Sourcing Strategy and Analysis 2.8. List of Distributors 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Hoverboard Market Analysis and Forecast By Product Type 3.1. Global Hoverboard Market Size and Forecast By Product Type, 2012-2022 3.1.1. Single Wheeled Hoverboard Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Double Wheeled Hoverboard Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region
- Global Hoverboard Market Analysis and Forecast By Wheel Size 4.1. Global Hoverboard Market Size and Forecast By Wheel Size, 2012-2022 4.1.1. 6.5 inch Hoverboard Market Size and Forecast, 2012-2022 4.1.1.1. Revenue (US$ Mn) Comparison, By Region 4.1.1.2. Market Share Comparison, By Region 4.1.1.3. Y-o-Y growth Comparison, By Region
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