Global Hoverboard Market will Surpass a Valuation of US$ 1,700 Mn by 2022, Driven by Growing Enthusiasm about the Gadget Among the Youth Population

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Rockville, US, 2018-Feb-23 — /EPR Network/ — In recent years, the demand for hoverboards has surged to a certain degree due to growing enthusiasm about the gadget among the youth population. For many hoverboard riders, the gadget is a source of entertainment. Expert riders perform various hoverboard stunts as well as use them for engaging in recreational activities. In addition, quick acceptance of battery operated vehicles coupled with the urgency to develop innovative transportation modes is expected drive the popularity of hoverboards in the forthcoming years. If perfected, hoverboards are fun to ride and can be an alternative to walking. A futuristic look and the cutting-edge technology that powers the gadget continues to attract the tech savvy consumer class. The latest versions of hoverboards are far more efficient as compared to the initial models. Developers are actively focusing on making their use more practically possible and also trying to improve their functionalities. Higher investment on research & development and product promotion by manufacturing companies are expected to make a positive impact on the global hoverboard market. Fact.MR’s latest report projects that the global hoverboard market will expand at an impressive CAGR of 6.1% over the forecast period (2017-2022).

Hoverboard is a self-balancing, and battery operated gadget that is used for personal transportation. Some high performance hoverboards are even referred to as electric skateboards or electric scooters. The gadget typically has two wheels that are parallel to each other and connected by a small electronic panel. The user has to place his/her feet on the panel and maneuver the hoverboard using body weight.

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Overview

The next section offers an overview of the hoverboard market. This comprises an introduction to the market, along with a standard definition of the product – hoverboard. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

In order to offer readers with up-to-date information about the latest advancements in the global hoverboard market, the report provides updates about market opportunities, which can benefit leading manufacturers of hoverboards. With continuous evolution of the sporting goods & accessories industry, keeping a record of latest developments and trends is fundamental for hoverboard manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global hoverboard market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast. The hoverboard market has been categorized on the basis of product type, wheel size, application, sales channel and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters. The report’s last section comprises of the global hoverboard market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global hoverboard market.

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Table of Contents:

  1. Global Hoverboard Market – Executive Summary
     
    2. Global Hoverboard Market Overview
    2.1. Introduction
    2.1.1. Global Hoverboard Market Taxonomy
    2.1.2. Global Hoverboard Market Definition
    2.2. Global Hoverboard Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Hoverboard Market Y-o-Y Growth
    2.3. Global Hoverboard Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  2. Global Hoverboard Market Analysis and Forecast By Product Type 
    3.1. Global Hoverboard Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Single Wheeled Hoverboard Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Double Wheeled Hoverboard Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized  Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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