Hoverboard refers to a battery operated, two wheeled and self balancing vehicle which is widely used for personal, business and transportation purposes. It is also known as an self balancing electric scooter, electric skateboard or hands free Seg way, or also called as the conventional Segway's with no handles. The operator or the rider stands on the foot rest of the hoverboard and with the use of their body weight, they try to make efficient control on the movement of the hoverboard. A two wheeled and self balancing scooter board or also known as a self balancing scooter such as a hoverboard, is a portable, rechargeable and battery operated scooter. Hoverboards usually contains two rubber based wheels which are fitted on both the sides of the hoverboard and have two small footrest platforms on the upper side across the wheels which acts as the seat of the rider where the rider stands. Hoverboards are generally controlled by the feet of the rider and the rider stands on the pre installed gyroscopic sensored pads. The global hoverboard market is projected to foresee the fastest growth especially in the Asia Pacific region due to rising per capita disposable incomes of the consumers as well as rising inclination of customers towards recreational activities. Moreover, increasing urbanization as well as increasing preference of consumers towards various advanced electronic devices across kids and youngsters is one of the major aspects driving the growth of the global hoverboard market especially in the Asia Pacific region. In addition to this, the North America region is expected to be the second largest market in the global hoverboard market owing to increasing preference for electronic scooters across teenagers, youth and office going population. Furthermore, Europe is anticipated to account for the third largest growth owing to rising number of developments in the emerging countries like Italy, Germany, France and U.K among others. The market can be divided on the basis of application, product type and region. By product type, the global hoverboard market can be classified into 8 inch, 6.5 inch and 10 inch. On the basis of application, the global hoverboard market can be classified into business purposes, recreational activities, others and personal mobility device. On the basis of region, the global hoverboard market can be classified into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is anticipated to be one of the key driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in various other developing economies such as Russia, Brazil, Indonesia, Poland, Argentina, New Zealand, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. In addition to this, rising per capita disposable income and surge in the global economy is another key factor which is expected to bring impetus in the growth of the global market during the forecast period. Key players operating in the global market are concentrating on some of the major market strategies such as mergers, partnerships, collaborations and acquisitions in order to keep hold in the ever competitive global market. Furthermore, they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Some of the players in the hoverboard market include The White Chair Limited, Razor USA LLC, Hangzhou Chic Intelligent Technology Co., Ltd., Ninebot Limited, WuyiChuangxin Metal Tools Co., Ltd., Shenzhen Jialike Electronic Company Ltd., Inventist, Inc., Shenzhen Rooder Technology Co., Ltd., Fosjoas Technology Co., Ltd., Zhejiang Topso Technology Co., Ltd., Shenzhen Uwheel Technology Co., Ltd., Airwheel Technology Holding (USA) Co., Ltd., Shenzhen Freefeet Technology Co. Ltd., Hoverboard Express, LLC, Phunkee Tree, Inc., Swagway LLC, Soibatian Corporation d.b.a. IO HAWK, Zhengzhou F-wheel Industrial Co., Ltd. PTX Performance Products USA, LLC and Hama GmbH & Co KG among others.
TABLE OF CONTENTS 1. MARKET OVERVIEW 1.1. Market Definitions 1.2. Research Methodology 1.3. Market Segmentation 2. EXECUTIVE SUMMARY 3. MARKET DYNAMICS 3.1. Drivers 3.2. Restraints 3.3. Opportunities 3.4. Premium Market Trends 4. INDUSTRY ANALYSIS 4.1. Value Chain Analysis 4.2. Application / Product Roadmap 4.3. Market Attractiveness Analysis 5. Hoverboard Market, BY PRODUCT TYPE 5.1. Segment Share (%) (2016 v/s 2022) 5.2. Product Type 5.2.1. 6.5 inch 5.2.2. 8 inch 5.2.3. 10 inch 6. Hoverboard Market, BY APPLICATION 6.1. Segment Share (%) (2016 v/s 2022) 6.2. Application 6.2.1. Recreational activities 6.2.2. Business purposes 6.2.3. Personal mobility device 6.2.4. Others 7. Hoverboard Market, BY GEOGRAPHY 7.1. Segment Share (%) (2016 v/s 2022) 7.2. Geography 7.2.1. North America 188.8.131.52. Segment Share (%) (2016 v/s 2022) 184.108.40.206. By Region 220.127.116.11.1. U.S. 18.104.22.168.2. Rest of North America 22.214.171.124. By Product Type 126.96.36.199. By Application 7.2.2. Europe 188.8.131.52. Segment Share (%) (2016 v/s 2022) 184.108.40.206. By Region 220.127.116.11.1. France 18.104.22.168.2. Germany 22.214.171.124.3. U.K 126.96.36.199.4. Rest of Europe 188.8.131.52. By Product Type 184.108.40.206. By Application 7.2.3. Asia Pacific 220.127.116.11. Segment Share (%) (2016 v/s 2022) 18.104.22.168. By Region 22.214.171.124.1. China 126.96.36.199.2. India 188.8.131.52.3. Japan 184.108.40.206.4. Rest of Asia-Pacific 220.127.116.11. By Product Type 18.104.22.168. By Application 7.2.4. Middle East & Africa 22.214.171.124. Segment Share (%) (2016 v/s 2022) 126.96.36.199. By Region 188.8.131.52.1. GCC 184.108.40.206.2. North Africa 220.127.116.11.3. South Africa 18.104.22.168.4. Rest of Middle East & Africa 22.214.171.124. By Product Type 126.96.36.199. By Application 7.2.5. Latin America 188.8.131.52. Segment Share (%) (2016 v/s 2022) 184.108.40.206. By Region 220.127.116.11.1. Brazil 18.104.22.168.2. Rest of Latin America 22.214.171.124. By Product Type 126.96.36.199. By Application 8. COMPETITIVE LANDSCAPE 8.1. Market Share Analysis, 2015 (%) 8.2. Key Innovator Companies 9. KEY MARKET PLAYERS 9.1. Razor USA LLC 9.1.1. Overview 9.1.2. Key Strategies 9.1.3. Recent Developments 9.2. The White Chair Limited 9.2.1. Overview 9.2.2. Key Strategies 9.2.3. Recent Developments 9.3. Ninebot Limited 9.3.1. Overview 9.3.2. Key Strategies 9.3.3. Recent Developments 9.4. Hangzhou Chic Intelligent Technology Co., Ltd 9.4.1. Overview 9.4.2. Key Strategies 9.4.3. Recent Developments 9.5. Shenzhen Jialike Electronic Company Ltd 9.5.1. Overview 9.5.2. Key Strategies 9.5.3. Recent Developments 9.6. WuyiChuangxin Metal Tools Co., Ltd 9.6.1. Overview 9.6.2. Key Strategies 9.6.3. Recent Developments 9.7. Shenzhen Rooder Technology Co., Ltd 9.7.1. Overview 9.7.2. Key Strategies 9.7.3. Recent Developments 9.8. Inventist, Inc. 9.8.1. Overview 9.8.2. Key Strategies 9.8.3. Recent Developments 9.9. Zhejiang Topso Technology Co., Ltd. 9.9.1. Overview 9.9.2. Key Strategies 9.9.3. Recent Developments 9.10. Fosjoas Technology Co., Ltd. 9.10.1. Overview 9.10.2. Key Strategies 9.10.3. Recent Developments 10. APPENDIX 10.1. About Us 10.2. Research Methodology 10.2.1. Coverage 10.2.2. Secondary Research 10.2.3. Primary Research 10.3. Glossary 10.4. Contact Us 10.5. Disclaimer
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