global hoverboard market forecast 2021 - brochure

Global Hoverboard Market By Type, By Application, By Region, Competit ion

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

T a b l e o f C o n t e n t s

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1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Hoverboard Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Company

4.2.2. By Region

4.2.3. By Type (6.5 Inch, 8 Inch and 10 Inch)

4.2.4. By Application

4.3. Market Attractive Index (By Region)

4.4. Market Attractive Index (By Hoverboard Type)

5. Global 6.5 Inch Hoverboard Market Outlook





5.2.2. By Region

6 Global 8 Inch Hoverboard Market Outlook



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6.2.2. By Region

7. Global 10 Inch Hoverboard Market Outlook





7.2.2. By Region

8. Asia-Pacific Hoverboard Market Outlook




8.2.1. By Country

8.2.2. By Type

8.2.3. Market Attractive Index (By Country)

8.2.4. Market Attractive Index (By Type)

8.3. Asia-Pacific Country Analysis

8.3.1. China Hoverboard Market Outlook

8.3.1.1 By Value & Volume

8.3.2. Japan Hoverboard Market Outlook


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8.3.2.1. By Value & Volume

8.3.3. Australia Hoverboard Market Outlook


8.3.4. Singapore Hoverboard Market Outlook


8.3.5. Malaysia Hoverboard Market Outlook


9. North-America Hoverboard Market Outlook




9.2.1. By Type

9.2.2. By Country



9.3. North America Country Analysis

9.3.1. United States Hoverboard Market Outlook


9.3.2. Canada Hoverboard Market Outlook


9.3.3. Mexico Hoverboard Market Outlook



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10. Europe Hoverboard Market Outlook




10.2.1. By Country

10.2.2. By Type



10.3. Europe Country Analysis

10.3.1. United Kingdom Hoverboard Market Outlook


10.3.2. Germany Hoverboard Market Outlook


10.3.3. France Hoverboard Market Outlook


10.3.4. Italy Hoverboard Market Outlook


10.3.5. Spain Hoverboard Market Outlook



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11. South America Hoverboard Market Outlook




11.2.1. By Country

11.2.2. By Type



11.3. South America Country Analysis

11.3.1. Brazil Hoverboard Market Outlook


11.3.2. Argentina Hoverboard Market Outlook


11.3.3. Colombia Hoverboard Market Outlook


12. Rest of World (ROW) Hoverboard Market Outlook




12.2.1. By Country


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12.2.2. By Type



12.3. Rest of World (ROW) Country Analysis

12.3.1. Saudi Arabia Hoverboard Market Outlook


12.3.2. United Arab Emirates Hoverboard Market Outlook


12.3.3. Russia Hoverboard Market Outlook


12.3.4. Turkey Hoverboard Market Outlook


13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends and Developments

14.1. Dominance of Chinese Hoverboards

14.2. Low Spending on Advertising

14.3. Widening End User Applications

14.4. Expanding Supply Chain Network


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14.5. Addition of Supplement Features

14.6. Increasing Online Sales

14.7. Tie-Ups with Consumer Electronic Companies

14.8. Introduction of Custom Models

14.9. Growing Popularity of 10 Inch Hoverboards

14.10. Declining Prices of Hoverboards

15. Policy & Regulatory Landscape

16. Competitive Landscape

16.1. Razor USA, LLC

16.2. Ninebot Limited

16.3. The White Chair Limited

16.4. Shenzhen Jialike Electronic Company Ltd.

16.5. Hangzhou Chic Intelligent Technology Co., Ltd.

16.6. Shenzhen Rooder Technology Co., Ltd.

16.7. Wuyi Chuangxin Metal Tools Co., Ltd.

16.8. Zhejiang Topso Technology Co., Ltd.

16.9. Inventist, Inc.

16.10. Airwheel Technology Holding (USA) Co., Ltd.

16.11. Fosjoas Technology Co., Ltd.

16.12. Hoverboard Express, LLC

16.13. Shenzhen Uwheel Technology Co., Ltd.

16.14. Swagway LLC


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16.15. Shenzhen Freefeet Technology Co. Ltd.

16.16. PTX Performance Products USA, LLC

16.17. Phunkee Tree, Inc.

16.18. Zhengzhou F-wheel Industrial Co., Ltd.

16.19. Soibatian Corporation d.b.a. IO HAWK

16.20. Hama GmbH & Co KG

17. Strategic Recommendation

18. Competitive Landscape

P r o d u c t O v e r v i e w

Vehicle Segment Sub-Segment Customer Segment

Hoverboard / Self-Balancing Scooter

Recreational Activities

Individuals

Business Purposes

Personal Mobility Device (PMD)

Others

Hoverboard is a battery operated, two-wheeled self-balancing device used forpersonal transportation. It is also referred to as a self-balancing electric scooter, orelectric skateboard, or hands-free Segway (traditional Segway's with handles arenot included in this definition). The rider or operator stands on a platform with bothfeet and uses their body weight to control the movement of hoverboard.

Classification According to Application

Product Definition

Vehicle Segment Sub-Segment Customer Segment

Hoverboard / Self-Balancing Scooter

6.5 Inch Hoverboard

Individuals8 Inch Hoverboard

10 Inch Hoverboard

Classification According to Type

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R e s e a r c h M e t h o d o l o g y

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn TechSci Internal

database

Factiva Hoovers

Paid Sources

Company Website Company Annual

Reports White Paper Study Financial Reports Investor

Presentations Regulatory Body, Associations, etc.

Secondary Research

Primary Research

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

•In-depth secondary research was used todetermine top players in global hoverboardmarket, overall market size and to identify tophoverboard manufactures.

Market Profiling

•In order to conduct interviews with the KOLs,TechSci Research formulated a detailedquestionnaire.

Formulating Questionnaire

•List of industry players (manufacturers),distributors, retailers, and industry specialistswas developed.

Developing list of respondents

•TechSci Research conducted interviews withindustry experts, industry players, for datacollection and verification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•The data was scrutinized using MS-Excel andstatistical tools such as Time Series analysis etc.to obtain qualitative and quantitative insightsabout the global hoverboard market.

Data Analysis

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Baseline Methodology:

For the study, TechSci Research has gathered information through primary research surveys with leadinghoverboard companies operating across the globe, and subsequently verified information from majordealers/distributors of hoverboards. We also put through an exhaustive search of credible paid databases such asBusiness Week, Factiva, Hoovers, etc., including our internal database. Our team of analysts has then prudentlyevaluated all the collected information and presented the same in chronological order to depict a meaningful andclear picture of global hoverboard market.

While compiling the data, we have also cross checked all the collected information from multiple sources and datawarehouses, so as to present the most accurate and precise information of the concerned industry. We useinnovative business model that focuses on improving productivity, which ensuring creation of high-quality reports.The reports are prepared with in-depth primary research, followed by exhaustive secondary research.

Sampling Technique:

While conducting the study, TechSci Research followed the stratified random sampling technique to shortlist theKOLs (Key Opinion Leaders) in various hoverboard manufacturing companies across the globe. KOLs based out ofprominent hoverboard companies in the specific countries were interviewed to identify the size of the globalhoverboard market.

Sample Size:

KOL No. of Respondents

Mid to Senior Management / Sales Managers etc.: Hoverboard Companies - Globally

20

Dealers/Distributors/Retailers 20

Experts from Industry/Associations 10

Total 50

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Market Size Calculation Technique:

Primary Research

For the preparation of global hoverboard report, bottom up model has been used, which has been later crossvalidated by using top down approach. TechSci Research interviewed Senior Managers and Regional Managers ofthe prominent hoverboard companies using Delphi technique for calculating the market size of the globalhoverboard market. Respondents were also asked about the current and the future growth rates, market shareby hoverboard type as well as by applications, across various categories of the hoverboards. All the informationgathered was carefully analyzed. Data points which exhibited high deviations from the majority estimates wereeliminated as outliers and the remaining refined data points were put together to arrive at the value and volumedata.

Primary Research – Companies/Dealers/Distributors Interviewed

S. No. Companies/Dealers/Distributor Names

1. Airwheel Technology Holding (USA) Co., Ltd.

2. Ninebot Limited

3 The White Chair Limited

4. Shenzhen Jialike Electronic Co., Ltd.

5. Soibatian Corporation

6. Zhengzhou F-wheel Industrial Co., Ltd

7. Hangzhou Chic Intelligent Technology

8. Hama GmbH

9. Inventist Inc.

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Secondary Research

We put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in addition to ourinternal database. Further analyses of credible publications, white papers, company’s annual reports, investorpresentations, news articles, etc. were also analysed to cross validate the end findings derived from primaryresearch.

Few Sources of Secondary Research

Forecasting Technique:

The team developed forecast on the basis of Econometric and judgemental analysis in addition to statisticaltechniques such as averaging, and geometric mean. During primary research interviews, respondents were askedabout the current and the future growth rates, market share by hoverboard type as well as by application type,across various categories of the hoverboards. In order to forecast the global hoverboard market, following forecasttechniques were used such as:

• Moving Average

• Time Series Analysis

• Econometric and Judgmental Analysis

S. No. Secondary Sources

1. Australian Competition & Consumer Commission

2. Crown Prosecution Services, United Kingdom

3. Consumer Product Safety Commission, United States

4. University of California

5. United States International Trade Commission

6. Underwriters Laboratory

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 andrecreational 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 $1.8billion by 2021, on account of rising demand for hoverboards from several countries in European, Asia-Pacificand Americas. Moreover, about 30% of Chinese population, 31% of the United States population, 22% ofGerman population, 30% of French population, and 38% of Brazilian population fall in the age group of 0-25years, thus expanding youth population across the globe is further anticipated to fuel demand for hoverboardsduring the forecast period.

Hoverboards can be segmented on the basis of wheels used into 6, 8 and 10.5 inch hoverboards, out of which6.5 inch hoverboard dominated global hoverboards market in 2015, and same trend is further anticipated tocontinue during the forecast period, on account of its low price and easy availability. Moreover, Asia-Pacificregion accounted for largest share in global hoverboard market in 2015, and the region is forecast to dominateduring 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 prominentmanufacturer 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 ofhoverboards as personal mobility devices. Moreover, declining average selling price of hoverboards are furtherexpected 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.

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

100 90 80 70 60 50 40

1000900

800700

600500

400

2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Million) Volume (Thousand Units)

S a m p l e D a t a - S n a p s h o t

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Global Hoverboard Market Size, By Value (USD Million), By

Volume (Thousand Units), 2015-2021F

Source:XXXXXNote: These are dummy figures; please purchase our report for actual data

Global Hoverboard Market Share, By Region, 2015-2021F

10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20%15% 15% 15% 15% 15% 15% 15%

25% 25% 25% 25% 25% 25% 25%

30% 30% 30% 30% 30% 30% 30%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Asia-Pacific North America EuropeRest of World* South America

Global Hoverboard Market Attractiveness

Index, By Region, By Volume, 2015

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

0.00 1.00 2.00 3.00 4.00 5.00 6.00

South America

Asia-Pacific

North America

Europe

Rest of World

10% 10% 10% 10% 10% 10% 10%

30% 30% 30% 30% 30% 30% 30%

60% 60% 60% 60% 60% 60% 60%

2015 2016E 2017F 2018F 2019F 2020F 2021F

6.5 Inch 10 Inch 8 Inch

Global Hoverboard Market Share, By Type,

By Volume 2015-2021F

Asia-Pacific Hoverboard Market Attractiveness

Index, By Type, By Volume, 2015

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

0.00 1.00 2.00 3.00 4.00

8 inch Wheel Size

6.5 inch Wheel Size

10 inch Wheel Size

Global 8 Inch Hoverboard Market Share,

By Region, By Volume, 2015-2021F

10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30%

15% 15% 15% 15% 15% 15% 15%25% 25% 25% 25% 25% 25% 25%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Asia-Pacific North America Europe Rest of World* South America

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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