logo
logo
Sign in

Global Hoverboard Market Competition, Opportunities and Challenges 2019

avatar
shradha gholap

Summary

A new market study, titled “Global Hoverboard Market Professional Survey Report 2019” has been featured on WiseGuyReports.

The hoverboard is a battery-operated, self-balancing device, which is mainly used for recreational activities and personal mobility. Hoverboard has made significant advancement after the first-generation hoverboards were released in 2014. The advanced features, such as Bluetooth connectivity, GPS system, integrating hoverboard with smartphones, etc. are being added in hoverboards.
The formation of trade alliance by Chinese hoverboard manufacturers is expected to be one of the major factors that will have a positive impact on the growth of the market. In China, over 100 Chinese hoverboard manufacturers have introduced trade association called the Hoverboard Industry Alliance in 2017. The objective of this alliance is mainly to work with the organizations that set safety standards for hoverboard and patents in the US, China, and other countries. This will help hoverboard manufacturers to get assistance on UL certification on exporting hoverboards to the US that is required by most of the US retailers. Moreover, this alliance also communicates constantly with UL and CPSC to bring in and enforce safety standards. The formation of this alliance will offer guidance to the Chinese hoverboard manufacturers to meet the stringent safety norms and raise the sales of their products.

The global Hoverboard market was valued at 1700 million US$ in 2018 and will reach 2350 million US$ by the end of 2025, growing at a CAGR of 4.2% during 2019-2025.
This report focuses on Hoverboard volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hoverboard market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hoverboard in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hoverboard manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

ALSO READ:  https://icrowdnewswire.com/2019/09/25/hoverboard-market-global-key-players-trends-share-industry-size-growth-opportunities-forecast-to-2024/

The following manufacturers are covered:
Swagtron
Airwheel
Razor Hovertrax
IO HAWK
Megawheels
...

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Compact-Size
Mid-Size
Full-Size

Segment by Application
Recreational Activities
Personal Mobility Device
Business Purposes
Others

FOR MORE DETAILS – https://www.wiseguyreports.com/reports/4473969-global-hoverboard-market-professional-survey-report-2019

 

 

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.               

 

Contact Us:

NORAH TRENT                                                      

[email protected]       

Ph: +162-825-80070 (US)                          

Ph: +44 203 500 2763 (UK)      

collect
0
avatar
shradha gholap
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more