![]() Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. By sales channel, the global market is categorized into online sales and offline sales. By application, the market is categorized into off-road activities and daily commute. By product type, the global market is categorized into electric unicycle, and electric one wheel hoverboard. The one wheel electric scooter market is segmented on the basis of product type, application, sales channel, and region. The population in China has become concerned about the increasing pollution in the country and are choosing eco-friendly electric scooters over traditional vehicles, which is expected to drive the growth of the market. ![]() The growing environmental awareness of customers is driving the sales of one wheel electric scooters in China. ![]() China is the production hub for one wheel electric scooter as big market players have manufacturing facilities across nation. This gives significant growth opportunities for the growth of the one wheel E-scooter market.Ĭhina is one of the leading players in the Asia-Pacific region and the country has majority of the one wheel electric scooter market players situated around the nation as it comprises manufacturing facilities and exports mainly to North America and Europe. With increase in electrification of vehicles, micromobility has become an efficient and reliable means of transportation within cities in the Asia-Pacific region. Asia-Pacific is holding a significant share in the global market owing to high presence of end consumer in the region. The vehicle electrification is the emerging trend in the region and manufacturers based in this region are focused toward developing the electrical driven technology to cater the changing demand for electric mobility. With the increased production, electric mobility, especially in China and Japan, is witnessing foremost position in the world. Furthermore, the one wheel electric scooter market is affected by factors such as low safety as compared to other commuting options, uncomfortable riding experience due to design structure, and new regulations & rules, strong dealership and supplier network, continuous product development gains competitive advantage, and growing R&D investments for enhanced battery technologies However, each of these factors is anticipated to have a definite impact on the growth of the global market during the forecast period.Īsia-Pacific is one of the fastest growing region in one wheel electric scooter market. There are prominent key factors that drive the growth of the one wheel electric scooter market, such as increasing green mobility, high portability as compared to other personal electric vehicles, rising urbanization and local commute requirements, decline in price of batteries per KWH, and changing outlook of leisure & recreational activities. As one wheel electric are more prone to footpath and individual accidents, the use of these vehicles are regulated or banned in some countries. These one wheel electric scooters are self-balancing system, which mainly operate through software. ![]() One wheel electric scooter comprises of electric motor to drive the wheel and get the required torque for motion. Such transportation system is gaining traction in urban areas owing to changing outlook of the urban transportation. This personal transportation system is mainly used by millennial and generation Z across the globe. One wheel electric scooter is a personal commuter transportation system driven by one wheel, which mainly gets power through electrical energy. The global one wheel electric scooter market was valued at $130.2 million in 2019, and is projected to reach $355.5 million by 2031, growing at a CAGR of 8.3% from 2022 to 2031.
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