The Global Hoverboard Market is expected to grow by $ 402.93 mn during 2021-2025, progressing at a CAGR of 1.63% during the forecast period

Global Hoverboard Market 2021-2025 The analyst has been monitoring the hoverboard market and it is poised to grow by $ 402. 93 mn during 2021-2025, progressing at a CAGR of 1. 63% during the forecast period.

New York, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Hoverboard Market 2021-2025" - https://www.reportlinker.com/p05176130/?utm_source=GNW
Our report on the hoverboard market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing R&D on supercapacitors to replace lithium-ion batteries and rise in the number of Chinese manufacturers. In addition, the growing R&D on supercapacitors to replace lithium-ion batteries is anticipated to boost the growth of the market as well.
The hoverboard market analysis includes the wheel size segment and geographic landscape.

The hoverboard market is segmented as below:
By Wheel Size
• Compact size
• Mid-size
• Full-size

By Geographical Landscape
• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increasing popularity of online channelsas one of the prime reasons driving the hoverboard market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on hoverboard market covers the following areas:
• Hoverboard market sizing
• Hoverboard market forecast
• Hoverboard market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hoverboard market vendors that include EPIKGO, Fosjoas Technology Co. Ltd., Hangzhou Chic Intelligent Technology Co. Ltd., Inventist Inc., Jetson Electric Bikes LLC, Lamboscooter, Omni Hoverboards Inc., Razor USA LLC, Segway Inc., and SWAGTRON. Also, the hoverboard market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05176130/?utm_source=GNW

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