According to www.techsciresearch.com report, “Global Hoverboard Market By Type, By Application, By Region, Competition Forecast & Opportunities, 2015-2021”, hoverboards market is projected to surpass $1.8 billion by 2021.
Report URL:- https://www.techsciresearch.com/report/global-hoverboard-market-by-hoverboard-type-wheel-size-6-5-inch-8-inch-and-10-inch-by-region-north-america-south-america-europe-asia-pacific-and-rest-of-the-world-competition-forecast-opportunities-2021/752.html
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Global Hoverboard Market Forecast 2021 - brochure
1. Global Hoverboard Market By Type,
By Application, By Region, Competition
Forecast & Opportunities, 2021
M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
15. I n d u s t r y B r i e f
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Hoverboard Market to Surpass $1.8 Bn by 2021
Expanding youth population, coupled with increasing adoption of hoverboards for personal mobility and
recreational activities set to propel sales of hoverboards till 2021
According to TechSci Research report, “Global Hoverboard Market By Type, By Application, By Region,
Competition Forecast & Opportunities, 2015-2021”, global hoverboard market is projected to surpass $1.8
billion by 2021, on account of rising demand for hoverboards from several countries in European, Asia-Pacific
and Americas. Moreover, about 30% of Chinese population, 31% of the United States population, 22% of
German population, 30% of French population, and 38% of Brazilian population fall in the age group of 0-25
years, thus expanding youth population across the globe is further anticipated to fuel demand for hoverboards
during the forecast period.
Hoverboards can be segmented on the basis of wheels used into 6, 8 and 10.5 inch hoverboards, out of which
6.5 inch hoverboard dominated global hoverboards market in 2015, and same trend is further anticipated to
continue during the forecast period, on account of its low price and easy availability. Moreover, Asia-Pacific
region accounted for largest share in global hoverboard market in 2015, and the region is forecast to dominate
during the forecast period as well, on account of huge markets for hoverboards in countries such as China,
Japan, Australia, Singapore, Malaysia, coupled with China emerging as one of the most prominent
manufacturer for hoverboards.
“Global hoverboard market is expected attract a number of consumer from various countries in European,
North American, Asia-Pacific region in coming years, owing to shifting consumer interest towards use of
hoverboards as personal mobility devices. Moreover, declining average selling price of hoverboards are further
expected to fuel demand for hoverboards across the globe during the forecast period.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management consulting firm.
17. R e p o r t O r d e r i n g
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Report Name: Global Hoverboard Market By Type, By Application,
By Region, Competition Forecast & Opportunities, 2021
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