Market Overview:
The global portable electric unicycle market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles, especially in developed countries. In addition, the growing awareness about the benefits of using electric vehicles is also contributing to the growth of this market. The global portable electric unicycle market can be segmented on the basis of type and application. On the basis of type, it can be divided into below 500W, 500-1000W and above 1000W segments. Among these segments, above 1000W segment is expected to witness highest growth during forecast period owing to its high performance and better efficiency as compared with other types. On the basis of application, it can be classified into adults and children segments.
Product Definition:
A Portable Electric Unicycle is a battery operated single-wheeled vehicle that is easy to operate and can be carried around. It is used for short distance travel and last-mile connectivity.
Below 500W:
Below 500W, it's usage.
The global below 500W, it's usage and growth factor in portable electric unicycle market size was valued at USD 6.5 million in 2016. It is expected to expand at a CAGR of XX% over the forecast period.
500-1000W:
500-1000W power range is used for portable electric unicycle, which can provide enough power required for long and short distance travel. 500-1000W power range is also used in some hybrid electric vehicles.
Is it possible to use less than 500-1000W? Yes, but the vehicle will not have optimal performance and may be dangerous to use due to underpowered motor or weak engine.
Application Insights:
Adults are the major users of electric unicycles. They prefer riding these bicycles as they help them in maintaining a healthy lifestyle. Rising health concerns among adults due to lack of physical exercise and sedentary lifestyle are expected to drive the demand for portable electric unicycle in this segment over the forecast period.
The children application segment is expected to witness significant growth over the forecast period owing to increasing awareness about proper education, early childhood development, and availability of educational toys for kids that will help them develop motor skills effectively. The product has been gaining popularity among pre-schoolers who can ride it easily because it weighs less than 50lbs which makes it easy for little hands to grasp and control its movement forward or backward by pedaling continuously with their legs.
Regional Analysis:
North America dominated the global market in 2017. The growing popularity of unicycles as a leisure activity in U.S., Canada, and Mexico is expected to remain a favorable factor for the regional portable electric unicycle market over the forecast period. Furthermore, presence of major players such as American Unicycle Inc.; Rad Power Bikes; and E-Gogo is also anticipated to boost product demand over the next eight years.
Asia Pacific region accounted for more than 25% share of total revenue in 2017 owing to increasing number of vendors focusing on strategic expansion strategies within China and India markets. In addition, rising awareness regarding health benefits associated with e-wheelers is further expected to fuel regional growth during the forecast period from 2018 to 2030 timeframe). Increasing disposable income levels coupled with growing penetration of organized sports activities within countries such as China, Japan, Australia etc., will also support regional growth during this timeframe (2018 - 2030).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This is primarily owing to the increasing concerns over environmental pollution and climate change.
- Government initiatives and subsidies: Governments across the globe are providing various incentives, such as tax rebates, subsidies, and parking privileges, to promote the adoption of electric vehicles. For instance, in China, a subsidy of up to ,000 is offered on each electric vehicle purchase.
- Rising consumer awareness about environment-friendly options: There has been a significant increase in consumer awareness about environment-friendly options in recent years. This has led to an increase in demand for eco-friendly products such as electric vehicles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Electric Unicycle Market Research Report
By Type
Below 500W, 500-1000W, Above 1000W
By Application
Adults, Children
By Companies
Airwheel, KingSong, Gotway, IPS, Solowheel, Rockwheel, Firewheel, ESWAY, Inmotion, Segway, Fosjoas, MonoRover, F-wheel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Portable Electric Unicycle Market Report Segments:
The global Portable Electric Unicycle market is segmented on the basis of:
Types
Below 500W, 500-1000W, Above 1000W
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airwheel
- KingSong
- Gotway
- IPS
- Solowheel
- Rockwheel
- Firewheel
- ESWAY
- Inmotion
- Segway
- Fosjoas
- MonoRover
- F-wheel
Highlights of The Portable Electric Unicycle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 500W
- 500-1000W
- Above 1000W
- By Application:
- Adults
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Electric Unicycle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Portable Electric Unicycle is a battery-powered two-wheeled vehicle that can be ridden without pedaling. They are typically smaller and lighter than traditional unicycles, making them easier to transport.
Some of the key players operating in the portable electric unicycle market are Airwheel, KingSong, Gotway, IPS, Solowheel, Rockwheel, Firewheel, ESWAY, Inmotion, Segway, Fosjoas, MonoRover, F-wheel.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Electric Unicycle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Portable Electric Unicycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Electric Unicycle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Portable Electric Unicycle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Portable Electric Unicycle Market Size & Forecast, 2020-2028
4.5.1 Portable Electric Unicycle Market Size and Y-o-Y Growth
4.5.2 Portable Electric Unicycle Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 500W
5.2.2 500-1000W
5.2.3 Above 1000W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Adults
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Electric Unicycle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Electric Unicycle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 500W
9.6.2 500-1000W
9.6.3 Above 1000W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Adults
9.10.2 Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 500W
10.6.2 500-1000W
10.6.3 Above 1000W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Adults
10.10.2 Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 500W
11.6.2 500-1000W
11.6.3 Above 1000W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Adults
11.10.2 Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 500W
12.6.2 500-1000W
12.6.3 Above 1000W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Adults
12.10.2 Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 500W
13.6.2 500-1000W
13.6.3 Above 1000W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Adults
13.10.2 Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Electric Unicycle Market: Competitive Dashboard
14.2 Global Portable Electric Unicycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airwheel
14.3.2 KingSong
14.3.3 Gotway
14.3.4 IPS
14.3.5 Solowheel
14.3.6 Rockwheel
14.3.7 Firewheel
14.3.8 ESWAY
14.3.9 Inmotion
14.3.10 Segway
14.3.11 Fosjoas
14.3.12 MonoRover
14.3.13 F-wheel
