DUBLIN--(BUSINESS WIRE)--The "One Wheel Electric Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global one wheel electric scooter market reached a value of US$ 112.6 Million in 2021. Looking forward, the publisher expects the market to reach US$ 151.76 Million by 2027, exhibiting a CAGR of 4.70% during 2022-2027.

Companies Mentioned

  • 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
  • Swagtron

Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

A one-wheel electric scooter is a self-balancing recreational or sports vehicle used for personal commuting. It is powered through electrical energy and consists of a powerful hub motor with motorized wheels to get the required torque for motion. It is widely used for long-distance travel, daily commuting and off-road activities as it is faster and can move across long distances on a single charge. The electric scooter is also integrated with software applications to track the performance of the vehicle. It is commonly available in electric unicycle and one-wheel hoverboard variants. In comparison to the traditionally used vehicles, one-wheel electric scooters are highly cost-effective and environment-friendly. In addition, one-wheel electric scooters occupy minimal road space, generate no emissions and are convenient for solo travelers

The increasing preference for electric vehicles among the masses is one of the key factors driving the growth of the market. Due to the rising environmental consciousness, the consumer preference is rapidly shifting toward one-wheel electric scooters to adopt green mobility solutions. Additionally, the increasing demand for one-wheel electric scooters in place of four-wheelers and three-wheelers to avoid traffic jams and get convenient parking is positively impacting the market growth.

Moreover, various technological advancements, such as the integration of the electric scooter with the Internet of Things (IoT) solutions that provide improved maneuverability and tracking of repair operations, are providing a thrust to the market growth. In line with this, the increasing product utilization, especially among millennials, for local commute requirements is positively impacting the market growth. Other factors, including the widespread product adoption for leisure and recreational activities, along with the implementation of government initiatives to support small electric vehicles (EVs), are anticipated to drive the market toward growth

Key Questions Answered in This Report:

  • How has the global one wheel electric scooter market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global one wheel electric scooter market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the speed limit?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global one wheel electric scooter market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global One Wheel Electric Scooter Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product

7 Market Breakup by Speed Limit

8 Market Breakup by Distribution Channel

9 Market Breakup by Application

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/rsl8k

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