Global Personal Transporter Market, By Vehicle Type (E-bike, E-Scooter, E-hoverboard, E-skateboard, and Others), Product (Retro, Standing or Self-Balancing, and Folding), Weight Capacity (Up To 10 Kg, 10 Kg-20kg, and More Than 20 kg), Travel Range (up to 20 km, 20 km-35km, and more than 35 km), Application (On-Road and Off-Road), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Personal Transporter Market
The personal transporter market is expected to witness market growth at a rate of 8.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on personal transporter market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the popularity of scaled-down electric vehicles is escalating the growth of personal transporter market.
A personal transporter is also referred to as personal light or electric rideable electric vehicle. The personal transporter is utilized as a motorized vehicle for transporting an individual at speeds up to 25 km/h (16 mph). Personal transporters are of several types such as kick scooters, electric skateboards, self-and balancing unicycles.
Major factors that are expected to boost the growth of the personal transporter market in the forecast period are the increase in the need and sale of e-mobility vehicles. Furthermore, the growing acceptance of automation system for personal transporter is further anticipated to propel the growth of the personal transporter market. Moreover, the rise in the attention on improving the safety and effectiveness of the personal transporters is further estimated to cushion the growth of the personal transporter market. On the other hand, the stringent regulations is further projected to impede the growth of the personal transporter market in the timeline period.
In addition, the technological development in personal transporter, shift in the lifestyle and the enhancements in the advancing countries will further provide potential opportunities for the growth of the personal transporter market in the coming years. However, the dearth of skilled professionals, and the high initial costs and maintenance costs related with personal transporter market might further challenge the growth of the personal transporter market in the near future.
This personal transporter market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the personal transporter market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Personal Transporter Market Scope and Market Size
The personal transporter market is segmented on the basis of vehicle type, product, wheel type, weight capacity, travel range and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of vehicle type, the personal transporter market has been segmented into E-bike, E-Scooter, E-hoverboard, E-skateboard, and Others.
- On the basis of Product, the personal transporter market has been segmented into retro, standing/self-balancing, and folding.
- On the basis of weight capacity, the personal transporter market has been segmented into up to 10 kg, 10 kg-20kg, and more than 20 kg.
- On the basis of travel range, the personal transporter market has been segmented into up to 20 km, 20 km-35km, and more than 35 km.
- On the basis of application, the personal transporter market has been segmented into on-road and off-road.
Personal Transporter Market Country Level Analysis
The personal transporter market is analysed, and market size, volume information is provided by country, vehicle type, product, wheel type, weight capacity, travel range and application as referenced above.
The countries covered in the personal transporter market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Asia-Pacific dominates the personal transporter market due to the swift urbanization. Furthermore, the sturdy acceptance from Chinese consumers will further boost the growth of the personal transporter market in the region during forecast period. North America is projected to observe significant amount of growth in the personal transporter market due to the sturdy preference towards rental models. Moreover, the occurrence of major key players is further anticipated to propel the growth of the personal transporter market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Personal Transporter Market Share Analysis
The personal transporter market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the personal transporter market.
The major players covered in the personal transporter market report are Hangzhou Chic Intelligent Technology Co., Ltd, Airwheel Holding Limited, T3 Holdings, Inc., Onewheel, BOXX Corp., Razor USA LLC, INMOTION TECHNOLOGIES CO., LTD., SEGWAY INC., Honda Motor Company, Ltd., Inventist Inc., Jiangsu Xinri E-Vehicle Co., Ltd., Terra Motors Corporation, Gogoro Inc. and BMW AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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