The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Balancing Scooter Market Research Report 2024
Synopsis
Self-balancing scooters or Hoverboard use gyroscope to determine balance of board, motors keep speed according to the inclination of the person riding it. These scooters are designed to look futuristic and an alternative to walking. Initially, self-balancing scooters did not perform in market because of many limitations such as low range, improper functioning of electronics, and high cost. Now after spending a lot in research & development and advertisement by manufacturing companies, these scooters are becoming a profitable product.
The global Balancing Scooter market was valued at US$ 499.3 million in 2023 and is anticipated to reach US$ 663.3 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
The opportunity anticipated to boost the self-balancing scooter market includes its increasing demand in college campuses owing to its stylish look and fun ride experience. Also, it is noise-free and operates on electricity, thus causing no pollution. Apart from being environment friendly, it incorporates advanced features including wireless charging and Bluetooth. Thus, the increasing inclination toward advanced electronic devices is expected to provide opportunities to the self-balancing scooter market in college campuses in the near future. Other factors responsible for the growth of this market is the increasing dependency on mobility equipment. In terms of geography, Europe is expected to be a highly attractive region contributing to the self-balancing scooter market owing to high disposable income of consumers and availability of sufficient area to use these scooters in the region.
This report aims to provide a comprehensive presentation of the global market for Balancing Scooter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Balancing Scooter.
Report Scope
The Balancing Scooter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Balancing Scooter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Balancing Scooter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ninebot
Inventist
IPS Electric Unicycle
Robstep
Hangzhou Chic Intelligent Technology
Solowheel
Segway
Oxboard
Freego
Segment by Type
Single Wheeled
Double Wheeled
Segment by Application
Personal Use
Commercial Use
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Balancing Scooter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Balancing Scooter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Self-balancing scooters or Hoverboard use gyroscope to determine balance of board, motors keep speed according to the inclination of the person riding it. These scooters are designed to look futuristic and an alternative to walking. Initially, self-balancing scooters did not perform in market because of many limitations such as low range, improper functioning of electronics, and high cost. Now after spending a lot in research & development and advertisement by manufacturing companies, these scooters are becoming a profitable product.
The global Balancing Scooter market was valued at US$ 499.3 million in 2023 and is anticipated to reach US$ 663.3 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
The opportunity anticipated to boost the self-balancing scooter market includes its increasing demand in college campuses owing to its stylish look and fun ride experience. Also, it is noise-free and operates on electricity, thus causing no pollution. Apart from being environment friendly, it incorporates advanced features including wireless charging and Bluetooth. Thus, the increasing inclination toward advanced electronic devices is expected to provide opportunities to the self-balancing scooter market in college campuses in the near future. Other factors responsible for the growth of this market is the increasing dependency on mobility equipment. In terms of geography, Europe is expected to be a highly attractive region contributing to the self-balancing scooter market owing to high disposable income of consumers and availability of sufficient area to use these scooters in the region.
This report aims to provide a comprehensive presentation of the global market for Balancing Scooter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Balancing Scooter.
Report Scope
The Balancing Scooter market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Balancing Scooter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Balancing Scooter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ninebot
Inventist
IPS Electric Unicycle
Robstep
Hangzhou Chic Intelligent Technology
Solowheel
Segway
Oxboard
Freego
Segment by Type
Single Wheeled
Double Wheeled
Segment by Application
Personal Use
Commercial Use
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Balancing Scooter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Balancing Scooter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Balancing Scooter Market Overview
1.1 Product Overview and Scope of Balancing Scooter
1.2 Balancing Scooter Segment by Type
1.2.1 Global Balancing Scooter Market Value Comparison by Type (2024-2030)
1.2.2 Single Wheeled
1.2.3 Double Wheeled
1.3 Balancing Scooter Segment by Application
1.3.1 Global Balancing Scooter Market Value by Application: (2024-2030)
1.3.2 Personal Use
1.3.3 Commercial Use
1.4 Global Balancing Scooter Market Size Estimates and Forecasts
1.4.1 Global Balancing Scooter Revenue 2019-2030
1.4.2 Global Balancing Scooter Sales 2019-2030
1.4.3 Global Balancing Scooter Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Balancing Scooter Market Competition by Manufacturers
2.1 Global Balancing Scooter Sales Market Share by Manufacturers (2019-2024)
2.2 Global Balancing Scooter Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Balancing Scooter Average Price by Manufacturers (2019-2024)
2.4 Global Balancing Scooter Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Balancing Scooter, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Balancing Scooter, Product Type & Application
2.7 Balancing Scooter Market Competitive Situation and Trends
2.7.1 Balancing Scooter Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Balancing Scooter Players Market Share by Revenue
2.7.3 Global Balancing Scooter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Balancing Scooter Retrospective Market Scenario by Region
3.1 Global Balancing Scooter Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Balancing Scooter Global Balancing Scooter Sales by Region: 2019-2030
3.2.1 Global Balancing Scooter Sales by Region: 2019-2024
3.2.2 Global Balancing Scooter Sales by Region: 2025-2030
3.3 Global Balancing Scooter Global Balancing Scooter Revenue by Region: 2019-2030
3.3.1 Global Balancing Scooter Revenue by Region: 2019-2024
3.3.2 Global Balancing Scooter Revenue by Region: 2025-2030
3.4 North America Balancing Scooter Market Facts & Figures by Country
3.4.1 North America Balancing Scooter Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Balancing Scooter Sales by Country (2019-2030)
3.4.3 North America Balancing Scooter Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Balancing Scooter Market Facts & Figures by Country
3.5.1 Europe Balancing Scooter Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Balancing Scooter Sales by Country (2019-2030)
3.5.3 Europe Balancing Scooter Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Balancing Scooter Market Facts & Figures by Country
3.6.1 Asia Pacific Balancing Scooter Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Balancing Scooter Sales by Country (2019-2030)
3.6.3 Asia Pacific Balancing Scooter Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Balancing Scooter Market Facts & Figures by Country
3.7.1 Latin America Balancing Scooter Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Balancing Scooter Sales by Country (2019-2030)
3.7.3 Latin America Balancing Scooter Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Balancing Scooter Market Facts & Figures by Country
3.8.1 Middle East and Africa Balancing Scooter Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Balancing Scooter Sales by Country (2019-2030)
3.8.3 Middle East and Africa Balancing Scooter Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Balancing Scooter Sales by Type (2019-2030)
4.1.1 Global Balancing Scooter Sales by Type (2019-2024)
4.1.2 Global Balancing Scooter Sales by Type (2025-2030)
4.1.3 Global Balancing Scooter Sales Market Share by Type (2019-2030)
4.2 Global Balancing Scooter Revenue by Type (2019-2030)
4.2.1 Global Balancing Scooter Revenue by Type (2019-2024)
4.2.2 Global Balancing Scooter Revenue by Type (2025-2030)
4.2.3 Global Balancing Scooter Revenue Market Share by Type (2019-2030)
4.3 Global Balancing Scooter Price by Type (2019-2030)
5 Segment by Application
5.1 Global Balancing Scooter Sales by Application (2019-2030)
5.1.1 Global Balancing Scooter Sales by Application (2019-2024)
5.1.2 Global Balancing Scooter Sales by Application (2025-2030)
5.1.3 Global Balancing Scooter Sales Market Share by Application (2019-2030)
5.2 Global Balancing Scooter Revenue by Application (2019-2030)
5.2.1 Global Balancing Scooter Revenue by Application (2019-2024)
5.2.2 Global Balancing Scooter Revenue by Application (2025-2030)
5.2.3 Global Balancing Scooter Revenue Market Share by Application (2019-2030)
5.3 Global Balancing Scooter Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Ninebot
6.1.1 Ninebot Corporation Information
6.1.2 Ninebot Description and Business Overview
6.1.3 Ninebot Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Ninebot Balancing Scooter Product Portfolio
6.1.5 Ninebot Recent Developments/Updates
6.2 Inventist
6.2.1 Inventist Corporation Information
6.2.2 Inventist Description and Business Overview
6.2.3 Inventist Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Inventist Balancing Scooter Product Portfolio
6.2.5 Inventist Recent Developments/Updates
6.3 IPS Electric Unicycle
6.3.1 IPS Electric Unicycle Corporation Information
6.3.2 IPS Electric Unicycle Description and Business Overview
6.3.3 IPS Electric Unicycle Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.3.4 IPS Electric Unicycle Balancing Scooter Product Portfolio
6.3.5 IPS Electric Unicycle Recent Developments/Updates
6.4 Robstep
6.4.1 Robstep Corporation Information
6.4.2 Robstep Description and Business Overview
6.4.3 Robstep Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Robstep Balancing Scooter Product Portfolio
6.4.5 Robstep Recent Developments/Updates
6.5 Hangzhou Chic Intelligent Technology
6.5.1 Hangzhou Chic Intelligent Technology Corporation Information
6.5.2 Hangzhou Chic Intelligent Technology Description and Business Overview
6.5.3 Hangzhou Chic Intelligent Technology Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Hangzhou Chic Intelligent Technology Balancing Scooter Product Portfolio
6.5.5 Hangzhou Chic Intelligent Technology Recent Developments/Updates
6.6 Solowheel
6.6.1 Solowheel Corporation Information
6.6.2 Solowheel Description and Business Overview
6.6.3 Solowheel Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Solowheel Balancing Scooter Product Portfolio
6.6.5 Solowheel Recent Developments/Updates
6.7 Segway
6.6.1 Segway Corporation Information
6.6.2 Segway Description and Business Overview
6.6.3 Segway Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Segway Balancing Scooter Product Portfolio
6.7.5 Segway Recent Developments/Updates
6.8 Oxboard
6.8.1 Oxboard Corporation Information
6.8.2 Oxboard Description and Business Overview
6.8.3 Oxboard Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Oxboard Balancing Scooter Product Portfolio
6.8.5 Oxboard Recent Developments/Updates
6.9 Freego
6.9.1 Freego Corporation Information
6.9.2 Freego Description and Business Overview
6.9.3 Freego Balancing Scooter Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Freego Balancing Scooter Product Portfolio
6.9.5 Freego Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Balancing Scooter Industry Chain Analysis
7.2 Balancing Scooter Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Balancing Scooter Production Mode & Process
7.4 Balancing Scooter Sales and Marketing
7.4.1 Balancing Scooter Sales Channels
7.4.2 Balancing Scooter Distributors
7.5 Balancing Scooter Customers
8 Balancing Scooter Market Dynamics
8.1 Balancing Scooter Industry Trends
8.2 Balancing Scooter Market Drivers
8.3 Balancing Scooter Market Challenges
8.4 Balancing Scooter Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Retail Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
