Hoverboard Market

Hoverboard Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The global hoverboard market is estimated to expand at a CAGR of 6.1% between 2023 to 2032.

The hoverboard market size was estimated to be US$ 787 Million in 2022.

The hoverboard market is driven by a combination of technological advancements, rising popularity, growing demand for eco-friendly transport, and increasing disposable income.

The single wheeled hoverboard product type is the fastest growing in the market. This is because single wheeled hoverboards are more compact and easier to maneuver, making them a popular choice for users who need a more agile and manoeuvrable hoverboard.

The full-size hoverboard segment is the largest owing to its versatility and ability to accommodate riders of all sizes. Full-size hoverboards typically have larger wheels and a longer deck, making them suitable for riders of all heights.

The personal mobility is the largest segment owing to it growing popularity due to the increasing demand for hoverboards as a convenient and eco-friendly mode of transportation.

The Asia-Pacific region is the largest in the global hoverboard market, primarily due to the presence of major manufacturing countries such as China, South Korea, and Taiwan.

Prominent players in the global hoverboard market include Airwheel (China), B-Board (China), Chic Robotics (South Korea), Gyroor (China), Hover-1 (USA), Inmotion (China), IO Hawk (USA), Ninebot (China), Razor (USA), Segway (USA), Solowheel (USA), Swagtron (USA), Uwheels (China), WL Toys (China), Xtreme (USA), and many more.