In 2019 it is estimated at $ 110,2 million for the worldwide one-wheel electric scooter market, and by 2027 is projected to reach $ 146,7 million, at CAGR 5,0%. The biggest revenue generator in 2019 was North America, accounting for $38.7 million, with a projected CAGR of 3.5% and predicted to reach $45.9 million by 2027. Asia-Pacific is projected, with a substantial CAGR of 6.6%, to cross $34,8 million by 2027. A single-wheel electric scooter is an electricity-powered personal commuter transport vehicle. This personal transport system is usually used in the world for thousands of years and Z generation. Due to the changing urban transport landscape, success. An electric motor drives the wheel and gives a single-wheel electric scooter the torque needed for movement. These electric one-wheel scooters are auto-equilibrium systems primarily controlled by software apps that track every performance indicator. However, as the number of walking trails and individual accidents increases, the number of these electric scooters in some countries is restricted and is even banned in others.
Factors such as increasing versatility for the eco, high portability compared with other electrical passenger vehicles, increased urbanization and demand for local travel, falling battery prices, and a changing perspective in leisure and recreation activities are expected to drive the global single-wheel electric scooter industry. In comparison with other transport modes, however, low safety is expected to restrict the market growth in the forecast period, due to the uncomfortable riding climate, the design structure, and new regulations and laws. In addition, a large dealer and supply network, along with continuous product creation, are expected to gain a competitive edge, thereby enhancing global market growth for one-wheel power scooters.
The global market for single-wheel scooters is categorized by form, application, channel, limit speed (km), and the surface of products. In the global market of one-wheel electric scooters, electric unicycles and one-wheel electric boards are divided into two product groups. The market is divided into two application-based sections: off-road and regular route operations. Online demand and offline sales, the global one-wheel electric scooter market is divided into two distribution channel segments. There are three segments based on speed limit (km): 20 km h – 30 km, 30 km h – 50 kilometers, and over 50 kilometers H. In North America, Europe, Asia-Pacific, and Latin America, the world market for electric scooters with one wheel have been examined.
The main players in the one-wheel electric scooter market survey are INMOTION Technologies Co., Ltd., F-WHEEL, Dongguan Begode Intelligent Technology Co. Ltd., NineboT Limited, Guangzhou Veteran Intelligent Technology Ltd., King Song Intelligence Ltd., FUTURE MOTION INC.