Market Overview:
The global smart LED hula hoops 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 smart LED hula hoops from individual users and businesses. Additionally, the growing awareness about the health benefits associated with using smart LED hula hoops is also contributing to the growth of this market. Some of the major factors that are restraining the growth of this market are high cost and lack of awareness about these products among consumers.
Product Definition:
A smart LED hula hoop is a hula hoop that has been fitted with LEDs and circuitry that allow it to be controlled by a computer or other device. Smart LED hula hoops can be used for entertainment, exercise, or decoration.
Custom Charging Port:
Custom charging port is a smart solution that enables customers to charge their devices irrespective of the position or orientation. It can be used in any device such as LED Hula Hoops, remote control, mobile phone cases and more. The product has gained popularity owing to its ability to provide safe and convenient charging solutions for various consumer electronics products while they are being used.
Micro USB:
Micro USB is a small data transfer standard for charging and connecting smartphones, tablets, and other electronic devices. It is also used in LED hula hoops to control the light emission from the device by converting digital into analog signal. The Micro USB port offers high speed as compared to its counterparts such as mini USB and lightning connector which makes it suitable for fast-charging applications.
Application Insights:
The individual use application segment dominated the global smart LED hula hoops market in 2017. This can be attributed to rising adoption of fitness trackers and increasing disposable income levels across developing countries, such as India and China. Rising demand for wearable devices has also driven manufacturers to focus on development of products with enhanced features, which is expected to drive the demand over the forecast period.
The business use application segment is expected to witness significant growth over the forecast period owing to increased adoption by health & wellness centers, gyms and sports clubs as well as hotels & restaurants for providing entertainment during parties or events held at these places.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing product demand as a result of rising popularity of outdoor activities, such as fitness and aerobics, among millennials in U.S., Canada, and Mexico. In addition, growing use of LED hula hoops for corporate events by companies such as AT&T Inc.; Boeing; Ford Motors; Google LLC; Hewlett Packard Enterprise Development LP; Johnson & Johnson Services Inc.; Kellogg's Co., Ltd.; Levi Strauss & Co.; Microsoft Corporation; Nike Inc.; PepsiCo Incorporated; and Southwest Airlines Co., is expected to drive regional growth over the next eight years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income levels coupled with growing adoption of smart devices among consumers in China and India on account of technological advancements associated with smartphones.
Growth Factors:
- Increasing demand for smart LED hula hoops from fitness enthusiasts and professional dancers.
- Rising popularity of LED hula hoops as a fun and entertaining activity among all age groups.
- Growing trend of using LEDs in various forms of entertainment, including dance performances, concerts, and theater productions.
- Proliferation of online tutorials and how-to videos that teach people how to use LED hula hoops for various purposes such as exercise or dance routines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart LED Hula Hoops Market Research Report
By Type
Custom Charging Port, Micro USB
By Application
Individual Use, Business Use
By Companies
Astral Hoops, Hula LAB, Psihoops, Hybrid Hoops, Moodhoops, Zillion Lights, Zen Hoops
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Smart LED Hula Hoops Market Report Segments:
The global Smart LED Hula Hoops market is segmented on the basis of:
Types
Custom Charging Port, Micro USB
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
Individual Use, Business Use
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:
- Astral Hoops
- Hula LAB
- Psihoops
- Hybrid Hoops
- Moodhoops
- Zillion Lights
- Zen Hoops
Highlights of The Smart LED Hula Hoops 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:
- Custom Charging Port
- Micro USB
- By Application:
- Individual Use
- Business Use
- 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 Smart LED Hula Hoops 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?
Smart LED Hula Hoops are a new type of hoop that uses LED lights to create a colorful and mesmerizing display. These hoops are perfect for parties or events, and they're also easy to use - just set them up and watch the magic happen!
Some of the major players in the smart led hula hoops market are Astral Hoops, Hula LAB, Psihoops, Hybrid Hoops, Moodhoops, Zillion Lights, Zen Hoops.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart LED Hula Hoops Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart LED Hula Hoops Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart LED Hula Hoops Market - Supply Chain
4.5. Global Smart LED Hula Hoops Market Forecast
4.5.1. Smart LED Hula Hoops Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart LED Hula Hoops Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart LED Hula Hoops Market Absolute $ Opportunity
5. Global Smart LED Hula Hoops Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart LED Hula Hoops Market Size and Volume Forecast by Type
5.3.1. Custom Charging Port
5.3.2. Micro USB
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart LED Hula Hoops Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart LED Hula Hoops Market Size and Volume Forecast by Application
6.3.1. Individual Use
6.3.2. Business Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart LED Hula Hoops Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart LED Hula Hoops Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart LED Hula Hoops Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart LED Hula Hoops Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart LED Hula Hoops Demand Share Forecast, 2019-2026
9. North America Smart LED Hula Hoops Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart LED Hula Hoops Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart LED Hula Hoops Market Size and Volume Forecast by Application
9.4.1. Individual Use
9.4.2. Business Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart LED Hula Hoops Market Size and Volume Forecast by Type
9.7.1. Custom Charging Port
9.7.2. Micro USB
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart LED Hula Hoops Demand Share Forecast, 2019-2026
10. Latin America Smart LED Hula Hoops Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart LED Hula Hoops Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart LED Hula Hoops Market Size and Volume Forecast by Application
10.4.1. Individual Use
10.4.2. Business Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart LED Hula Hoops Market Size and Volume Forecast by Type
10.7.1. Custom Charging Port
10.7.2. Micro USB
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart LED Hula Hoops Demand Share Forecast, 2019-2026
11. Europe Smart LED Hula Hoops Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart LED Hula Hoops Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart LED Hula Hoops Market Size and Volume Forecast by Application
11.4.1. Individual Use
11.4.2. Business Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart LED Hula Hoops Market Size and Volume Forecast by Type
11.7.1. Custom Charging Port
11.7.2. Micro USB
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart LED Hula Hoops Demand Share, 2019-2026
12. Asia Pacific Smart LED Hula Hoops Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart LED Hula Hoops Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart LED Hula Hoops Market Size and Volume Forecast by Application
12.4.1. Individual Use
12.4.2. Business Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart LED Hula Hoops Market Size and Volume Forecast by Type
12.7.1. Custom Charging Port
12.7.2. Micro USB
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart LED Hula Hoops Demand Share, 2019-2026
13. Middle East & Africa Smart LED Hula Hoops Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart LED Hula Hoops Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart LED Hula Hoops Market Size and Volume Forecast by Application
13.4.1. Individual Use
13.4.2. Business Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart LED Hula Hoops Market Size and Volume Forecast by Type
13.7.1. Custom Charging Port
13.7.2. Micro USB
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart LED Hula Hoops Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart LED Hula Hoops Market: Market Share Analysis
14.2. Smart LED Hula Hoops Distributors and Customers
14.3. Smart LED Hula Hoops Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Astral Hoops
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hula LAB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Psihoops
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hybrid Hoops
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Moodhoops
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zillion Lights
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zen Hoops
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
