Global One Wheel Electric Scooter Market Overview:
The One Wheel Electric Scooter is an individual transportation framework running with the utilization on one wheel and through electrical power. A one-wheel electric scooter can take you across more lopsided territory also on account of the huge different inch wheel which makes it conceivable to go across rock and unpaved streets, which you would never do with a hoverboard. Also, this scooter is faster than a hoverboard, provides a top speed of around 20-30 miles each hour. This electric scooter is a genuine means of transportation and this is mostly utilized by millennials and generation Z across the globe. Such a transportation framework is acquiring a foothold in the metropolitan regions inferable from changing viewpoint of metropolitan transportation. These one wheel electric scooters are self-adjusting framework primarily works through programming applications to find all the index. Therefore, a one-wheel electric scooter is a way for you to leave the car at home when going to work or to the store.
- Providing high portability as compare to other personal electric vehicles
- Decrease in the price of batteries per KWH
- The high initial cost of purchasing the one wheel electric scooter
- Low safety as compared to other commuting options and uncomfortable riding experience due to design structure
- Formulation of new regulations & rules by regulatory Bodies regarding this technology framework
- Development of strong dealership and supplier network
- To attain economic benefit, environmental benefit, and technology benefit
- High cost of maintenance, repairing, and managing one wheel electric scooter
The leading players in the market to avail competitive advantage are collaborating with the other companies to deliver a qualitative and safer experience to their customers. Also, Organizations are following the guidelines of the regulatory bodies and make changes in their products in order to deliver safety to the customer by making a partnership with other companies.
Some of the key players profiled in the report are Ninebot Limited (China), Guangzhou Veteran Intelligent Technology Ltd. (China), King Song Intell Co., LTD. (China), FUTURE MOTION INC. (United States), INMOTION Technologies Co., Ltd. (China), F-WHEEL (European Union (EU)), Dongguan Begode Intelligent Technology Co. Ltd. (China), SWAGTRON (United States), IPS Electric Unicycle (China) and SuperRide (united States). Analyst at AMA Research see China Players to retain maximum share of Global One Wheel Electric Scooter market by 2026. Considering Market by By Speed Limit, the sub-segment i.e. 20 kmh - 30 kmh will boost the One Wheel Electric Scooter market. Considering Market by By Sales Channels, the sub-segment i.e. Online Sales will boost the One Wheel Electric Scooter market.
Latest Market Insights:
On 1 July 2021, Future Motion, makers of the popular one-wheel product line amd high-performance helmets announced a new Thousand x One wheel collaboration helmet. This offers to empower people to safely get around their cities, build closer communities, travel more sustainably, and lead healthier lives. This new collaboration continues Future Motion's commitment to safety and in particular the use of helmets whenever riding a one-wheel.
On 4 March 2021, Aurora Mobile Limited, a leading mobile development service provider in China, today announced that it has entered into a partnership agreement with Segway and Ninebot, Inc., a well-known unicorn company in the short-distance transportation sector. Aurora Mobile will provide push notification services and smart operational analytics to Segway-Ninebot to improve user experience and upgrade their smart mobility services. This partnership with Segway-Ninebot, Aurora Mobile will provide its artificial intelligence-based operational analytics and targeted push notification services to help Segway-Ninebot personalize its customers’ smart mobility experience
What Can be Explored with the One Wheel Electric Scooter Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global One Wheel Electric Scooter Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in One Wheel Electric Scooter
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global One Wheel Electric Scooter market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in One Wheel Electric Scooter market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Distribution Channel, Industrial Associations, Government Regulatory Bodies, Private Research Organization and IT Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global One Wheel Electric Scooter Market?
The One Wheel Electric Scooter market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in One Wheel Electric Scooter Market?
Top performing companies in the Global One Wheel Electric Scooter market are Ninebot Limited (China), Guangzhou Veteran Intelligent Technology Ltd. (China), King Song Intell Co., LTD. (China), FUTURE MOTION INC. (United States), INMOTION Technologies Co., Ltd. (China), F-WHEEL (European Union (EU)), Dongguan Begode Intelligent Technology Co. Ltd. (China), SWAGTRON (United States), IPS Electric Unicycle (China) and SuperRide (united States), to name a few.
3. What trending factors would impact One Wheel Electric Scooter Market growth most?
"The rise in green mobility all across the globe
" is seen as one of major influencing trends for One Wheel Electric Scooter Market during projected period 2020-2026.