Motorized Skateboard Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026
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Introduction
A motorized skateboard is a private mode of commuter centered on a skateboard. A weight-sensor controls or hand-held throttle assists in controlling speed and travel direction and can be adjusted by tilting the board to one side or the other. Such skateboard designs are highly accepted by teenagers and kids. Since the evolution of technology, there have been tremendous variations observed in the evolution of electric skateboards. Numerous skateboard producers are manufacturing longboard decks for more electric battery fittings into motorized skateboards, as the speed and range are determined by the number of battery cells, power, and size. Therefore, owing to its features, the market is expected to foresee growth in coming years.
Market Dynamics
Motorized skateboard market is witnessing numerous opportunities across the globe owing to increasing urbanization, especially in developing regions coupled with rising inclination of young population towards easy and eco-friendly commutation modes. Also, rising per capita disposable incomes in developing economies as well as increasing influence of western culture are some other key aspects driving the overall market growth. In addition, increasing governmental norms on the usage of vehicles driven by petroleum products as well as increasing accidental instances and risks associated with the use of motor vehicles, especially among young population, is further anticipated to drive the global motorized skateboard market. However, higher initial costs as well as low popularity of motorized skateboards in underdeveloped regions are expected to restrict the market growth. Although, increasing investments by key players in R&D activities to come up with lighter, cheaper and advanced motorized skateboards are some major factors posing lucrative opportunities in the global market.
Market Classification
The motorized skateboard market is segmented into length, design type, motor type, end-user and geography. Based on length, the market is divide into <30 inch, 30 inch ~ 40 inch and >40 inch. By design type, the market is divided into professional skateboard, and toy skateboard. By motor type, the market is divided into single drive and dual drive. Based on end-user, the market is divided into adults and kids. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa (MEA).
Report Coverage
Market |
Motorized Skateboard Market |
Analysis Period |
2015 – 2026 |
Historic Data |
2015 – 2016 |
Base Year |
2017 |
Forecast Data |
2018 – 2026 |
Market Stratification |
Length, Design Type, Motor Type, End-User, Geography |
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the market players in motorized skateboard market are Evolve Skateboards, Weizhiyan Electronic Technology (Shanghai) Limited, Boosted Boards, Inboard Technology Inc, Metroboard Electric Skateboard, Stary Board, Onewheel, Swagtron, LEIF Technologies Inc., Yuneec Ltd. and ZBoard among others.
Market Segmentation
Market By Length
- <30 Inch
- 30 Inch ~ 40 Inch
- >40 Inch
Market By Design
- Professional Skateboard
- Toy Skateboard
Market By Motor
- Single Drive
- Dual Drive
Market By End-User
- Adults
- Kids
Market By Geography
-
North America
- US
- Canada
- Mexico
-
Europe
- UK
- Germany
- France
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
-
Latin America
- Brazil
- Rest of Latin America
-
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA