India Self Balancing Scooter Market (2016-2022) | Industry, Forecast, Companies, Value, Revenue, Outlook, Size, Trends, Analysis, Growth & Share

The electric vehicle market has registered favorable growth since its inception into the Indian market. The concept of the self-balancing scooter is new in India, however, it holds immense growth potential. Presently, India's self-balancing scooter market demand is primarily derived from Tier-I cities.

According to 6Wresearch, India self-balancing scooter market is projected to grow at a CAGR of 18% from 2016 to 2022. In form factor type, hoverboard accounted for the majority of revenues in the overall market, wherein Ninebot led in terms of market share followed by Airwheel and others.

Hoverboard leads in the Indian market owing to its low cost and ease of availability of these over e-commerce websites. Additionally, personal mobility applications acquired the largest revenue share due to increasing usage for recreational and commuting purposes in residential premises, entertainment parks, and educational institutions.

The report thoroughly covers the self-balancing scooter market by form factor and application. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

India self-balancing scooter market is projected to gain traction in the upcoming six years on the back of the rising popularity of the product which makes the product an ideal choice for the customers. The increase in the growth of the young working population in the country had led to spending high to purchase their desired things and self-balancing scooter is one of them and is likely to bolster the sugnifuncta demand for the self-balancing scooter and is estimated to bolster the impressive growth of the India self-balancing scooter market in the upcoming six years.

Key Highlights of the Report

• Market Dynamics Including Drivers and Restraints for India Self Balancing Scooter Market
• Historical Market Revenue for Global Self Balancing Scooter Market, 2010 - 2015
• Market Size & Revenue Forecast of Global Self Balancing Scooter Market until 2022
• Historical Market Revenue Trends for India Self Balancing Scooter Market, 2013 - 2015
• Market Size & Revenue Forecast of India Self Balancing Scooter Market until 2022
• Historical Market Volume Trends for India Self Balancing Scooter Market, 2013- 2015
• Market Size & Volume Forecast of India Self Balancing Scooter Market until 2022
• Market Volume and Revenue Forecast and Estimations by Form Factor until 2022
• Market Revenue Trends and Forecast by Applications until 2022
• Existing Market Trends 
• Industry Life Cycle & Value Chain Analysis
• Porter's Five Forces Analysis
• Players Market Share
• Competitive Benchmarking
• Company Profiles and Key Strategic Pointers

Markets Covered

The report provides a detailed analysis of the following market segments:

• Form-Factor
    o Hoverboard
    o Self Balancing Board with Handle Bar
    o Electric Unicycle

• Application
    o Retail
    o Event Management
    o Personal Mobility