Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Hoverboard Scooter Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Hoverboard Scooter Market?
The Hoverboard Scooter Global Market Report 2025 indicates that the size of the Hoverboard Scooter market has seen steady growth over the years. The market value increased from $8.55 billion in 2024 to $8.86 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 3.6%.
What Are the Expected Market Growth Trends for the Hoverboard Scooter Market Through 2029?
The global hoverboard scooter market is predicted to experience significant growth, reaching a value of $10.92 billion in 2029. The market is expected to grow at a compound annual growth rate (CAGR) of 5.4%.
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What Are the Key Business Drivers in the Hoverboard Scooter Market Landscape?
The key drivers in the hoverboard scooter market are:
• Access to manufacturing, social media promotion, and user-generated content
• Competitive pricing, affordability, and advanced safety features
• Increase in electric mobility market and use of hoverboards in recreation and sports
• Customization options for personalized designs and integration of AI for improved user experience.
How Is the Hoverboard Scooter Market Divided Across Key Categories?
The hoverboard scooter market covered in this report is segmented –
1) By Product Type: One Wheel Hoverboard, Unicycle
2) By Battery: Lithium-Ion, Lead Acid, Nickel-Metal Hydride
3) By Connectivity: Bluetooth, Wi-Fi, No Connectivity
4) By Sales Channel: Online, Offline
5) By Application: Personal Mobility Device, Business Purposes
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What Are the Ongoing Trends in the Hoverboard Scooter Market?
The key trends in the hoverboard scooter market are:
• Innovative design and engineering of hoverboards is one of the major emerging trends.
• Technological advancements, specifically in battery technology, are playing a huge role.
• There's a noticeable move towards the adoption of sustainable and eco-friendly materials.
• Collaborations between hoverboard brands and tech companies are becoming increasingly common.
Which Companies are Expanding in the Hoverboard Scooter Industry?
Major players in the hoverboard scooter market are:
• Razor USA LLC
• Segway Inc.
• Swagtron
• GOTRAX
• Hover-1
• Jetson Electric Bikes
• Epikgo
• Halo Board
• Skque
• TOMOLOO
• EPIKGO
• CHO Power Sports
• Xprit
• Megawheels
• Gyroor
• Sisigad
• StreetSaw
• Lamborghini
• Veeko
• Levit8ion
• Hoverheart
• Felimoda
• Hiboy
• Hyper GOGO
• EverCross
• FLYING-ANT
• Smart Balance
• Longway
• CXM Hoverboards
• NHT
Which is the Largest Region the Global Hoverboard Scooter Market?
North America was the largest region in the hoverboard scooter market in 2024
