One Wheel Electric Scooter Market to grow by USD 35.42 million from 2021 to 2026

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29 Aug, 2023, 19:00 ET

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NEW YORK, Aug. 29, 2023 /PRNewswire/ -- The one-wheel electric scooter market is poised to grow by USD 35.42 million from 2021 to 2026, progressing at a CAGR of 5.6% during the forecast period, according to Technavio. High portability compared to other electric vehicles is a key factor driving market growth. These scooters offer convenient portability and maneuverability, making them user-friendly. In densely urbanized and traffic-congested areas, one-wheel electric scooters offer a fast and efficient travel option that ensures on-time arrival. In addition, they contribute to the cleanliness of the environment by not emitting carbon. Their lightweight construction allows users to take them easily anywhere in their journey. Hence, these factors are expected to drive market growth during the forecast period. The report offers an up-to-date analysis and to know the exact growth variance and the Y-O-Y growth rate Request a sample report.

One-Wheel Electric Scooter Market 2022-2026: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our one-wheel electric scooter market report covers the following areas:

One-Wheel Electric Scooter Market 2022-2026: Segmentation

One Wheel Electric Scooter Market is segmented as below:

The one-wheel electric scooter market share growth by the offline segment will be significant during the forecast period. This is due to the fact that customers tend to buy goods in person rather than transact online. However, the outbreak of the COVID-19 pandemic in 2020 has led to a significant decline in offline sales of non-essential items, such as one-wheel electric scooters. The situation improved in the second half of 2020 with the start of vaccination efforts around the world, which led to an easing of containment measures and an increase in demand. Hence, these are expected to drive segment growth during the forecast period.

What's New?

One-Wheel Electric Scooter Market 2022-2026: Market Dynamics

Key Driver - High portability compared to other electric vehicles is a key factor driving market growth.

Major Trend - Increasing marketing initiatives are a major trend in the market.

Significant Challenge - High safety concerns is one of the significant challenge restricting the market growth.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

One-Wheel Electric Scooter Market 2022-2026: Key Highlights

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Distribution Channel

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Company Landscape

11 Company Analysis

12 Appendix

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

SOURCE Technavio