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According to the latest report by IMARC Group, titled “One Wheel Electric Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global one wheel electric scooter market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global one wheel electric scooter market size reached US$ 118.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 158.3 Million by 2028, exhibiting a growth rate (CAGR) of 4.72% during 2023-2028.

A one-wheel electric scooter is a self-balancing sport or recreational vehicle that is also used for personal commuting. It consists of a powerful hub motor with motorized wheels to get the required torque for motion and is powered through electrical energy. Electric scooters are incorporated with software applications to track the performance of the vehicle. They are mostly available in electric unicycle and one-wheel hoverboard variants. When compared to the traditionally-used vehicles, one-wheel electric scooters are highly cost-effective and environment-friendly. As such, they are extensively used for long-distance travel, daily commuting, off-road activities, etc., as they are faster and can move across long distances on a single charge. 

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One Wheel Electric Scooter Market Trends and Drivers:

The escalating demand for electric vehicles (EVs) among individuals is primarily driving the one-wheel electric scooter market. Besides this, the growing environmental consciousness and the shifting consumer preferences towards adopting green mobility solutions are further augmenting the market growth.

Apart from this, the elevating technological advancements, such as the integration of the Internet of Things (IoT) solutions to provide improved maneuverability and tracking of repair operations, are also catalyzing the global market. Moreover, the rising product utilization, especially among Millennials, for local commute requirements is acting as another significant growth-inducing factor.

Furthermore, the launch of favorable policies by government bodies to support the manufacturing and adoption of small EVs is expected to bolster the one-wheel electric scooter market in the coming years. 

Global One Wheel Electric Scooter Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

One Wheel Electric Scooter Companies:

Airwheel Holding Limited, Dongguan Begode Intelligent Technology Co. Ltd., DYU & F-wheel, Future Motion Inc., Inmotion Technologies Co. Ltd., IPS Electric Unicycle, King Song Intell Co. Ltd., Ninebot Limited, SuperRide and Swagtron.

The report has segmented the market on the basis of region, product, speed limit, distribution channel and application.

Breakup by Product:

• Electric Unicycle
• Electric One Wheel Hoverboard

Breakup by Speed Limit:

• 20 Kmph – 30 Kmph
• 30 Kmph – 50 Kmph
• More than 50 Kmph

Breakup by Distribution Channel:

• Online
• Offline

Breakup by Application:

• Off-road Activities
• Daily Commute

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

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 Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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