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The revenue generated by the market was approximately USD 1518.2 million in 2020 and is expected to reach approximately USD 5924.9 million in 2027.
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Market Drivers Growing demand for self balancing vehicles in urban setup. Growing awareness of environmental benefits of electric vehicles.
Market Segmentation
Segmentation by Region North America • Asia Pacific • Europe • RoW • China, Japan, India, • South Korea, Australia, Rest of Asia-Pacific • Germany, United Kingdom, France, Italy, Rest of Europe Latin America, Middle East, Africa U.S., Canada, Mexico
Leading Market Players • Inventist, Inc. • Segway, Inc. • Airwheel Holding Limited • Hangzhou Halsun Technology Co., Ltd. • Ninebot Inc. • HoverRobotix • IPS Electric Unicycle Co.,Limited • Freego High-Tech Corporation Limited • Oxboard B.V. • Inmotion Technologies Co., Ltd.
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