One Wheel Electric Scooter Market Introduction and Overview
According to SPER Market Research, the Global One Wheel Electric Scooter Market is estimated to reach USD 418.97 million by 2033 with a CAGR of 8.56%.
The report includes an in-depth analysis of the Global One Wheel Electric Scooter Market, including market size and trends, product mix, Applications, and supplier analysis. A one-wheeled electric scooter is a type of personal transportation for commuting that is primarily powered by electricity. Millennials and Generation Z are the primary users of this personal transportation system worldwide. These kinds of transportation systems are becoming more popular in cities because of how urban transportation is evolving. An electric motor powers the wheel of a one-wheel electric scooter, providing the necessary torque for propulsion. The self-balancing mechanism of these one-wheeled electric scooters is primarily controlled by software. In certain countries, the use of one-wheel electric vehicles is prohibited or regulated due to their increased risk of pedestrian accidents and single-vehicle collisions.
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Market Opportunities and Challenges
Opportunities: At the moment, rising demand for one-wheel electric scooters, which are safe, convenient, and simple to use, is one of the primary factors driving market growth. Aside from that, the increasing adoption of one-wheel electric scooters, which are not fuel dependent and provide an eco-friendly mode of transportation, is providing a positive market outlook. Furthermore, the increasing use of one-wheel electric scooters for recreational and sport purposes is contributing to market growth. Furthermore, the growing demand for one-wheel electric scooters instead of four-wheelers and three-wheelers to avoid traffic and find convenient parking is positively impacting market growth.
Challenges: Future Motion's one wheel self-balancing electric skateboards pose a serious risk of death and serious injury. The CPSC strongly advises against purchasing any one wheel model, including the One wheel, One wheel+, One wheel+ XR, One wheel Pint, One wheel Pint X, and One wheel GT. According to the CPSC's evaluation of those items, being ejected from the one wheel devices could result in serious injury or death to the rider. At least four fatalities and numerous serious injuries have occurred as a result of the product's failure to balance the rider or stop unexpectedly while in motion. The fatalities were all caused by head injuries. As a result, the one wheel electric scooter market is expected to face significant challenges during the forecast period.
Market Competitive Landscape
To meet changing demand scenarios, participants in the one wheel electric scooter market are focusing product launch and product development efforts to expand their product portfolio and meet new business opportunities. The major players in the market include: IPS Electric Unicycle, Segway Inc., INMOTION Technologies Co., Ltd., SuperRide, Dongguan Begode Intelligent Technology Co., Ltd., SWAGTRON, Inventist, Inc., FUTURE MOTION INC., Ninebot Asia Pte Ltd., CHANGZHOU SMILO MOTORS CO.,LTD, Airwheel Holding Limited, King Song Intell Co., LTD.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application, By Sales Channel
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | IPS Electric Unicycle, Segway Inc., INMOTION Technologies Co., Ltd., SuperRide, Dongguan Begode Intelligent Technology Co., Ltd., SWAGTRON, Inventist, Inc., FUTURE MOTION INC., Ninebot Asia Pte Ltd., CHANGZHOU SMILO MOTORS CO.,LTD, Airwheel Holding Limited, King Song Intell Co., LTD.
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COVID-19 Impact on Global One Wheel Electric Scooter Market:
The covid-19 pandemic has had a negative impact on overall production and sales. According to the current scenario, the overall world is slowly getting back on track with new restrictions and policies to support economic activities while also catering to changing demand scenarios across all industries. The demand for one-wheel electric scooters is increasing as a result of the changing demand scenario and the growing need for personal commute solutions for urban commuters. The demand for one-wheel electric scooters is increasing and is expected to remain strong by the end of the forecast period.
Key Target Audience:
- Ages 16-35 Demographic
- Adventure Seekers
- Business Professionals
- Fitness Enthusiasts
- Last-Mile Transportation Users
- Recreational Users
- Students
- Tourists
- Others
Our in-depth analysis of the One Wheel Electric Scooter Market includes the following segments:
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By Product type: |
Electric Unicyle
Electric One Wheel Hoverboard
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By Application: |
Daily Commute
Off road Activities
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By Sales Channel: |
Offline Sales
Online Sales
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Key Topics Covered in the Report:
- Global One Wheel Electric Scooter Market Size (FY’2023-FY’2033)
- Overview of Global One Wheel Electric Scooter Market
- Segmentation of Global One Wheel Electric Scooter Market By Product type (Electric Unicycle, Electric Onewheel Hoverboard)
- Segmentation of Global One Wheel Electric Scooter Market By Application (Daily Commute, Off road Activities.)
- Segmentation of Global One Wheel Electric Scooter Market By Sales Channel (Offline Sales, Online Sales.)
- Statistical Snap of Global One Wheel Electric Scooter Market
- Expansion Analysis of Global One Wheel Electric Scooter Market
- Problems and Obstacles in Global One Wheel Electric Scooter Market
- Competitive Landscape in the Global One Wheel Electric Scooter Market
- Impact of COVID-19 and Demonetization on Global One Wheel Electric Scooter Market
- Details on Current Investment in Global One Wheel Electric Scooter Market
- Competitive Analysis of Global One Wheel Electric Scooter Market
- Prominent Players in the Global One Wheel Electric Scooter Market
- SWOT Analysis of Global One Wheel Electric Scooter Market
- Global One Wheel Electric Scooter Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global One Wheel Electric Scooter Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global One Wheel Electric Scooter Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global One Wheel Electric Scooter Market
7. Global One Wheel Electric Scooter Market, By Product type (USD Million)
7.1. Global One Wheel Electric Scooter Market Value Share and Forecast, By Product type, 2023-2033
7.2. Electric Unicyle
7.3. Electric One Wheel Hoverboard
8. Global One Wheel Electric Scooter Market, By Application (USD Million)
8.1. Global One Wheel Electric Scooter Market Value Share and Forecast, By Application , 2023-2033
8.2. Daily Commute
8.3. Off road Activities
9. Global One Wheel Electric Scooter Market, By Sales Channel (USD Million)
9.1. Global One Wheel Electric Scooter Market Value Share and Forecast, By Sales Channel , 2023-2033
9.2. Offline Sales
9.3. Online Sales
10. Global One Wheel Electric Scooter Market Forecast, 2019-2033 (USD Million)
10.1. Global One Wheel Electric Scooter Market Size and Market Share
11. Global One Wheel Electric Scooter Market, By Product type, 2019-2033 (USD Million)
11.1. Global One Wheel Electric Scooter Market Size and Market Share By Product type (2019-2026)
11.2. Global One Wheel Electric Scooter Market Size and Market Share By Product type (2027-2033)
12. Global One Wheel Electric Scooter Market, By Application, 2019-2033 (USD Million)
12.1. Global One Wheel Electric Scooter Market Size and Market Share By Application (2019-2026)
12.2. Global One Wheel Electric Scooter Market Size and Market Share By Application (2027-2033)
13. Global One Wheel Electric Scooter Market, By Sales Channel, 2019-2033 (USD Million)
13.1. Global One Wheel Electric Scooter Market Size and Market Share By Sales Channel (2019-2026)
13.2. Global One Wheel Electric Scooter Market Size and Market Share By Sales Channel (2027-2033)
14. Global One Wheel Electric Scooter Market, By Region, 2019-2033 (USD Million)
14.1. Global One Wheel Electric Scooter Market Size and Market Share By Region (2019-2026)
14.2. Global One Wheel Electric Scooter Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. Airwheel Holding Market
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. CHANGZHOU SMILO MOTORS CO.,LTD
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Dongguan Begode Intelligent Technology Co., Ltd.,
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. FUTURE MOTION INC., Ninebot Asia Pte Ltd.,
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. IPS Electric Unicycle
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. INMOTION Technologies Co. Ltd.
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. King Song Intell Co LTD.
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Ninebot Asia Pte Ltd
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. SuperRide
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. SWAGTRON
15.10.1. Company details
15.10.2. Financial outlook
15.10.3. Product summary
15.10.4. Recent developments
15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
