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Hoverboard-Global Market Insights and Sales Trends 2024
Synopsis
The hoverboard is a battery-operated, self-balancing device, which is mainly used for recreational activities and personal mobility. Hoverboard has made significant advancement after the first-generation hoverboards were released in 2014. The advanced features, such as Bluetooth connectivity, GPS system, integrating hoverboard with smartphones, etc. are being added in hoverboards.
The global Hoverboard market size is expected to reach US$ 2169.7 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Hoverboard in various end use industries. The expanding demands from the Recreational Activities, Personal Mobility Device, Business Purposes and Others, are propelling Hoverboard market. Compact-Size, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mid-Size segment is estimated at % CAGR for the next seven-year period.
The formation of trade alliance by Chinese hoverboard manufacturers is expected to be one of the major factors that will have a positive impact on the growth of the market. In China, over 100 Chinese hoverboard manufacturers have introduced trade association called the Hoverboard Industry Alliance in 2017. The objective of this alliance is mainly to work with the organizations that set safety standards for hoverboard and patents in the US, China, and other countries. This will help hoverboard manufacturers to get assistance on UL certification on exporting hoverboards to the US that is required by most of the US retailers. Moreover, this alliance also communicates constantly with UL and CPSC to bring in and enforce safety standards. The formation of this alliance will offer guidance to the Chinese hoverboard manufacturers to meet the stringent safety norms and raise the sales of their products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hoverboard, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hoverboard market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hoverboard market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hoverboard sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hoverboard covered in this report include Swagtron, Airwheel, Razor Hovertrax, IO HAWK and Megawheels, etc.
The global Hoverboard market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Swagtron
Airwheel
Razor Hovertrax
IO HAWK
Megawheels
Global Hoverboard market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hoverboard market, Segment by Type:
Compact-Size
Mid-Size
Full-Size
Global Hoverboard market, by Application
Recreational Activities
Personal Mobility Device
Business Purposes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hoverboard manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hoverboard in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The hoverboard is a battery-operated, self-balancing device, which is mainly used for recreational activities and personal mobility. Hoverboard has made significant advancement after the first-generation hoverboards were released in 2014. The advanced features, such as Bluetooth connectivity, GPS system, integrating hoverboard with smartphones, etc. are being added in hoverboards.
The global Hoverboard market size is expected to reach US$ 2169.7 million by 2029, growing at a CAGR of 4.2% from 2023 to 2029. The market is mainly driven by the significant applications of Hoverboard in various end use industries. The expanding demands from the Recreational Activities, Personal Mobility Device, Business Purposes and Others, are propelling Hoverboard market. Compact-Size, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mid-Size segment is estimated at % CAGR for the next seven-year period.
The formation of trade alliance by Chinese hoverboard manufacturers is expected to be one of the major factors that will have a positive impact on the growth of the market. In China, over 100 Chinese hoverboard manufacturers have introduced trade association called the Hoverboard Industry Alliance in 2017. The objective of this alliance is mainly to work with the organizations that set safety standards for hoverboard and patents in the US, China, and other countries. This will help hoverboard manufacturers to get assistance on UL certification on exporting hoverboards to the US that is required by most of the US retailers. Moreover, this alliance also communicates constantly with UL and CPSC to bring in and enforce safety standards. The formation of this alliance will offer guidance to the Chinese hoverboard manufacturers to meet the stringent safety norms and raise the sales of their products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hoverboard, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hoverboard market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hoverboard market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hoverboard sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hoverboard covered in this report include Swagtron, Airwheel, Razor Hovertrax, IO HAWK and Megawheels, etc.
The global Hoverboard market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Swagtron
Airwheel
Razor Hovertrax
IO HAWK
Megawheels
Global Hoverboard market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hoverboard market, Segment by Type:
Compact-Size
Mid-Size
Full-Size
Global Hoverboard market, by Application
Recreational Activities
Personal Mobility Device
Business Purposes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hoverboard manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hoverboard in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hoverboard Market Overview
1.1 Hoverboard Product Overview
1.2 Hoverboard Market Segment by Type
1.2.1 Compact-Size
1.2.2 Mid-Size
1.2.3 Full-Size
1.3 Global Hoverboard Market Size by Type
1.3.1 Global Hoverboard Market Size Overview by Type (2018-2029)
1.3.2 Global Hoverboard Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hoverboard Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hoverboard Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hoverboard Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hoverboard Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hoverboard Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hoverboard Sales Breakdown by Type (2018-2023)
2 Global Hoverboard Market Competition by Company
2.1 Global Top Players by Hoverboard Sales (2018-2023)
2.2 Global Top Players by Hoverboard Revenue (2018-2023)
2.3 Global Top Players by Hoverboard Price (2018-2023)
2.4 Global Top Manufacturers Hoverboard Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hoverboard Market Competitive Situation and Trends
2.5.1 Hoverboard Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hoverboard Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hoverboard as of 2022)
2.7 Date of Key Manufacturers Enter into Hoverboard Market
2.8 Key Manufacturers Hoverboard Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hoverboard Status and Outlook by Region
3.1 Global Hoverboard Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hoverboard Historic Market Size by Region
3.2.1 Global Hoverboard Sales in Volume by Region (2018-2023)
3.2.2 Global Hoverboard Sales in Value by Region (2018-2023)
3.2.3 Global Hoverboard Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hoverboard Forecasted Market Size by Region
3.3.1 Global Hoverboard Sales in Volume by Region (2024-2029)
3.3.2 Global Hoverboard Sales in Value by Region (2024-2029)
3.3.3 Global Hoverboard Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hoverboard by Application
4.1 Hoverboard Market Segment by Application
4.1.1 Recreational Activities
4.1.2 Personal Mobility Device
4.1.3 Business Purposes
4.1.4 Others
4.2 Global Hoverboard Market Size by Application
4.2.1 Global Hoverboard Market Size Overview by Application (2018-2029)
4.2.2 Global Hoverboard Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hoverboard Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hoverboard Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hoverboard Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hoverboard Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hoverboard Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hoverboard Sales Breakdown by Application (2018-2023)
5 North America Hoverboard by Country
5.1 North America Hoverboard Historic Market Size by Country
5.1.1 North America Hoverboard Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hoverboard Sales in Volume by Country (2018-2023)
5.1.3 North America Hoverboard Sales in Value by Country (2018-2023)
5.2 North America Hoverboard Forecasted Market Size by Country
5.2.1 North America Hoverboard Sales in Volume by Country (2024-2029)
5.2.2 North America Hoverboard Sales in Value by Country (2024-2029)
6 Europe Hoverboard by Country
6.1 Europe Hoverboard Historic Market Size by Country
6.1.1 Europe Hoverboard Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hoverboard Sales in Volume by Country (2018-2023)
6.1.3 Europe Hoverboard Sales in Value by Country (2018-2023)
6.2 Europe Hoverboard Forecasted Market Size by Country
6.2.1 Europe Hoverboard Sales in Volume by Country (2024-2029)
6.2.2 Europe Hoverboard Sales in Value by Country (2024-2029)
7 Asia-Pacific Hoverboard by Region
7.1 Asia-Pacific Hoverboard Historic Market Size by Region
7.1.1 Asia-Pacific Hoverboard Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hoverboard Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hoverboard Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hoverboard Forecasted Market Size by Region
7.2.1 Asia-Pacific Hoverboard Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hoverboard Sales in Value by Region (2024-2029)
8 Latin America Hoverboard by Country
8.1 Latin America Hoverboard Historic Market Size by Country
8.1.1 Latin America Hoverboard Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hoverboard Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hoverboard Sales in Value by Country (2018-2023)
8.2 Latin America Hoverboard Forecasted Market Size by Country
8.2.1 Latin America Hoverboard Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hoverboard Sales in Value by Country (2024-2029)
9 Middle East and Africa Hoverboard by Country
9.1 Middle East and Africa Hoverboard Historic Market Size by Country
9.1.1 Middle East and Africa Hoverboard Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hoverboard Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hoverboard Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hoverboard Forecasted Market Size by Country
9.2.1 Middle East and Africa Hoverboard Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hoverboard Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Swagtron
10.1.1 Swagtron Company Information
10.1.2 Swagtron Introduction and Business Overview
10.1.3 Swagtron Hoverboard Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Swagtron Hoverboard Products Offered
10.1.5 Swagtron Recent Development
10.2 Airwheel
10.2.1 Airwheel Company Information
10.2.2 Airwheel Introduction and Business Overview
10.2.3 Airwheel Hoverboard Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Airwheel Hoverboard Products Offered
10.2.5 Airwheel Recent Development
10.3 Razor Hovertrax
10.3.1 Razor Hovertrax Company Information
10.3.2 Razor Hovertrax Introduction and Business Overview
10.3.3 Razor Hovertrax Hoverboard Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Razor Hovertrax Hoverboard Products Offered
10.3.5 Razor Hovertrax Recent Development
10.4 IO HAWK
10.4.1 IO HAWK Company Information
10.4.2 IO HAWK Introduction and Business Overview
10.4.3 IO HAWK Hoverboard Sales, Revenue and Gross Margin (2018-2023)
10.4.4 IO HAWK Hoverboard Products Offered
10.4.5 IO HAWK Recent Development
10.5 Megawheels
10.5.1 Megawheels Company Information
10.5.2 Megawheels Introduction and Business Overview
10.5.3 Megawheels Hoverboard Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Megawheels Hoverboard Products Offered
10.5.5 Megawheels Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hoverboard Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hoverboard Industrial Chain Analysis
11.4 Hoverboard Market Dynamics
11.4.1 Hoverboard Industry Trends
11.4.2 Hoverboard Market Drivers
11.4.3 Hoverboard Market Challenges
11.4.4 Hoverboard Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hoverboard Distributors
12.3 Hoverboard Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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