Electric Skateboard Market: Introduction

  • An electric skateboard is similar to a traditional skateboard except that it comes with an electric motor. An electric skateboard can be controlled by a hand held controller, brakes, or by pads mounted on the skateboard.
  • Belt driven skateboards consist of a motor which is placed outside of the wheel next to the wheelbase from where RPM is transferred to the wheel via a belt. On the other hand, the motor is placed inside the wheel in hub design electric skateboards.
  • The electric skateboard market is expected to grow during the forecast period due to growing trend of personal mobility, rise in disposable income, and ecofriendly mode of transport.

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Key Drivers, Restraints, and Opportunities of the Global Electric Skateboard Market

  • Personal mobility is one of the growing trends and where transportation is an issue, electric skateboards come handy and are fun to ride. Electric skateboards are compact, lightweight, and are easy to carry around. Electric skateboards save money in the light of increasing population and parking being an issue.
  • Usage of electric skateboards has increased due to the popularity of outdoor sports and recreational activities. Electric skateboards are faster than conventional skateboards, requires less effort, and provides better control, which makes them an attractive option among skaters.

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  • People are concerned about the environment and have started adopting transport options which cause no harm to the environment. Also, people have become health conscience and are participating more in outdoor activities. In this scenario, electric skateboards help in improving stability and coordination.
  • Many communities or groups conduct competitions in a safe environment with precaution measures in place and thus promote the sport. The maintenance of electric skateboards is easy which makes it an attractive option for people in developing regions.
  • Many players are investing in R&D to come up with lighter, cheaper, and more advanced motorized skateboards. Technological advancement by global leaders is expected to have a positive impact on the electric skateboard market. However, advancement in technology may also result in a rise in price of the product which may act as a restraint to the market.
  •  Overall, the global electric skateboard market is expected to grow during the forecast period.

Key Players Operating in the Global Electric Skateboard Market

Leading manufacturers operating in the global electric skateboard market include:

  • Inboard Technology
  • Skatebolt
  • ACTON Inc.
  • Blitzart Inc.
  • RideRiptide Electric Skateboard
  • Teamgee Skateboard
  • Boosted, Inc.
  • Atom Longboards
  • Evolve Skateboards Australia
  • Swagtron

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Global Electric Skateboard Market: Research Scope

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Global Electric Skateboard Market, by Type

  • Belt driven
  • Hub motor design

Global Electric Skateboard Market, by Wheels

  • Generic Wheels
  • Clone Wheels

Global Electric Skateboard Market, by Deck Size

  • Mini Board
  • Mid Board
  • Full Board

Global Electric Skateboard Market, by Speed

  • Less than 10 mph
  • 10 – 20 mph
  • More than 20 mph

Global Electric Skateboard Market, by Distribution Channel

  • Online
  • Offline

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

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  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

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