One Wheel Electric Scooter Market: ‘About 80% of early adopters want one wheel electric scooter for its thrilling ride experience’ (2024-2030)

The Global One Wheel Electric Scooter Market size is valued at USD 172.5 million in 2023 & is expected to grow to USD 356.8 million by 2030, representing a compound annual growth rate (CAGR) of 8.7 % during the forecast period.
One Wheel Electric Scooter Market Overview
One-wheel electric scooters, often called electric unicycles, have grown in popularity in recent years. Electric scooter sales and interest have increased significantly. Maximize Market Research found that one-wheel electric scooter sales grew 70% in the past two years. One-wheel electric scooters' unique riding experience attracts a varied audience. 80% of early adopters and tech aficionados wanted a one-wheel electric scooter for its thrilling ride. 65 percent of urban commuters are willing to switch to one-wheel electric scooters, which are convenient and efficient. Riders like one-wheel electric scooters' manoeuvrability.

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MMR found that 90% of riders choose one-wheel electric scooters for their compact size and agility. Riders also claimed a 30% reduction in urban commute time. Another advantage of one-wheel electric scooters is portability. Some models' folding designs have increased sales of one-wheel by 25%, making them appealing for convenient storage and movement. Environmentally aware shoppers are interested in one-wheel electric scooters. Electric scooters, particularly one-wheel ones, reduce carbon emissions by up to 75%. The One Wheel Electric Scooter Market is a small part of the electric mobility industry, although estimates show development and growth. MMR forecasts a 15% CAGR for the One Wheel Electric Scooter Market over five years. Technology, product availability, and customer knowledge and adoption will fuel this growth.
One Wheel Electric Scooter Market report scope
One Wheel Electric Scooter Market study covers industry size, growth potential, and main segments. It analyses historical data and predicts market trends to determine the market's size and growth over a given timeframe. The study analyses the One Wheel Electric Scooter Market by demographics, geography, and usage. To identify target consumers and adjust marketing strategies, it evaluates segment traits, preferences, and purchase behaviour. The study analyses one-wheel electric scooter industry leaders, their market share, and strategies. It analyses competitors' strengths and weaknesses and finds market entrance and differentiation possibilities.

Technology, regulations, and customer preferences are examined in the report. It identifies market growth drivers and potential barriers for new entrants. Surveys, interviews, and focus groups generate consumer data on one-wheel electric scooter perceptions, preferences, and purchase behaviour. These insights illuminate consumer demands, motives, and pleasure. Online, brick-and-mortar, and specialty dealerships sell one-wheel electric scooters. The report analyses channel performance and suggests improvements. Pricing analysis examines market leaders' strategy, pricing patterns, and market dynamics. Price elasticity and competitive pricing tactics are examined. Data analytics and statistical tools examine massive datasets to provide insights into sales, market share, consumer behaviour, and other variables. Expert interviews with manufacturers, researchers, and analysts reveal market trends, technology, and development prospects.
One Wheel Electric Scooter Market Dynamics
One Wheel Electric Scooter Market Drivers

The thriving One Wheel Electric Scooter Market is fueled by the growing demand for urban mobility solutions that offer convenience and efficiency in navigating congested metropolitan areas, thanks to their compact design and exceptional manoeuvrability. An additional driving force is the increasing environmental awareness, with one-wheel electric scooters emerging as eco-friendly alternatives to gas-powered cars. The electric power they harness significantly reduces carbon emissions and air pollution, aligning with the sustainability goals of environmentally conscious consumers. Technological advancements play a pivotal role in propelling market growth, with continuous innovations in battery technology, motor efficiency, and gyroscopic balancing systems contributing to improved performance and extended range, thereby enhancing the desirability of these vehicles. One Wheel Electric Scooter Market one-wheel electric scooters captivate thrill-seekers by offering a unique experience centered on maintaining balance and controlling the scooter through body movements, providing an exciting mode of transportation.

Portability and convenience are key factors driving the business of one-wheel electric scooters, as their lightweight and compact nature makes them easy to carry or store, catering to the needs of urban lifestyles and multi-modal transit requirements. Market expansion is further propelled by a growing awareness and adoption of the advantages offered by one-wheel electric scooters. Positive word-of-mouth, impactful social media presence, and influential endorsements contribute to heightened customer interest and increased market penetration. Moreover, the sector benefits from a supportive regulatory environment and developing infrastructure, as government legislation and investments facilitate the growth of electric micro-mobility solutions, fostering customer adoption and sustaining the upward trajectory of the One Wheel Electric Scooter Market.

One Wheel Electric Scooter Market trends

The increasing popularity of electric micro-mobility solutions is driving the demand for one-wheel electric scooters. Consumers are actively seeking sustainable and efficient transportation options, making electric scooters a favoured choice. Urban sharing programs, including scooter-sharing and bike-sharing services, are expanding to include one-wheel electric scooters, providing users with convenient rental options for short trips. This expansion of sharing programs contributes to increased visibility and accessibility of one-wheel electric scooters. Manufacturers are integrating smart features into one-wheel electric scooters to enhance the user experience. Safety and ride stability are becoming key focus areas in the One Wheel Electric Scooter Market.

Manufacturers are investing in advanced gyroscopic balancing systems, improved braking mechanisms, and adherence to robust safety standards to enhance rider confidence and mitigate risks. Design innovation plays a significant role in attracting consumers to One Wheel Electric Scooter Market Manufacturers are investing in eye-catching and innovative designs to differentiate their products in the market. Partnerships between one-wheel electric scooter manufacturers and ride-hailing platforms are emerging, enabling users to seamlessly access and utilize electric scooters for short-distance rides. This collaboration contributes to the integration of one-wheel electric scooters into existing transportation networks.

The industry is witnessing advancements in battery technology to address consumer concerns about range and charging time. Manufacturers are continuously improving battery performance, offering longer ranges and faster charging options, thus alleviating range anxiety and supporting longer commutes. Off-road or all-terrain one-wheel electric scooters are gaining popularity among adventure enthusiasts. These rugged models feature enhanced durability, robust suspension systems, and larger wheels to handle uneven surfaces and off-road conditions. Foldable designs are becoming increasingly popular in the One Wheel Electric Scooter Market. Price reductions are being observed in the One Wheel Electric Scooter Market due to increased competition and advancements in manufacturing processes. Lower prices make these scooters more accessible to a broader range of consumers, stimulating market growth.

One Wheel Electric Scooter Market Opportunities

The One Wheel Electric Scooter Market presents several opportunities for manufacturers to capitalize on, which can lead to growth and expansion. One of the most significant opportunities is urban mobility solutions. As urbanization increases, there is a need for efficient and eco-friendly transportation solutions in congested cities, making one-wheel electric scooters a practical option for daily commutes. Manufacturers can also tap into developing regions, where urbanization is rapidly increasing, by offering affordable and reliable one-wheel electric scooters tailored to the specific needs and infrastructure of these regions. The growing adoption of smart city initiatives presents an opportunity for manufacturers to collaborate with city authorities and integrate their products into urban transportation systems.

The One Wheel Electric Scooter Market has been growing demand for short-distance commuting and last-mile connectivity provides an opportunity for manufacturers to develop lightweight, portable, and easily foldable one-wheel electric scooters. The tourism and leisure sectors offer rental and guided tour opportunities, providing a unique and exciting experience for visitors. Continuous product differentiation and innovation can help manufacturers gain a competitive edge by incorporating advanced features such as improved battery life, enhanced safety mechanisms, and connectivity options. Collaborating with ride-hailing and delivery platforms can also open up opportunities for manufacturers to integrate one-wheel electric scooters into existing transportation networks. Corporate and campus mobility provide opportunities for manufacturers to offer custom-branded fleet solutions or rental programs, catering to the mobility needs of employees, students, and residents.

The growing market for accessories and aftermarket services also presents an opportunity for manufacturers to offer add-ons and maintenance, repair, and upgrade services. Manufacturers can leverage the demand for sustainable transportation options by promoting the eco-friendly nature of one-wheel electric scooters and aligning their marketing strategies with sustainability initiatives. By addressing evolving consumer needs and market demands, manufacturers can expand their presence, attract new customers, and drive the growth of the One Wheel Electric Scooter Market.

One Wheel Electric Scooter Market challenges

Lack of regulations and norms limits One Wheel Electric Scooter Market expansion and creates uncertainty for manufacturers and customers. One-wheel electric scooters require good balance and control, which raises safety concerns. Market acceptance and regulatory compliance depend on rider safety and accident prevention. Infrastructure limits one-wheel electric scooter deployment. These scooters' market potential is limited by poor bike lanes, charging stations, and parking. One-wheel electric scooters struggle with range and battery life. Range anxiety, greater ranges, and faster charging times are needed to match consumer expectations despite battery technology improvements. Safety, legality, and pedestrian space problems hinder social adoption. Market adoption requires overcoming unfavourable views and societal acceptance.

Pricing, product differentiation, and marketing initiatives face competition. Competing brands and startups are increasing industry competition. Durability and reliability matter. Consumer trust and malfunction reduction require durable motors, batteries, and balancing systems. Due of the unfamiliarity of one-wheel electric scooters, customer education and awareness are crucial. Market acceptance requires educating consumers about these scooters' benefits, usage, and safety. Price and affordability deter customers. Competitive price and reasonable solutions attract more customers and expand market accessibility. To maintain sustainable one-wheel electric scooter practises, battery recycling and limiting manufacturing, usage, and disposal must be addressed.
One-Wheel Electric Scooter Market Segment Analysis
Based on Product Type

In the dynamic landscape of the One Wheel Electric Scooter Market, the Electric Unicycle sub-segment commands an impressive 67.4 % market share. These agile, single-wheeled marvels are celebrated for their remarkable portability, making them perfect for urban commuting. Their unparalleled maneuverability allows for effortless carving and tricks, delivering a unique and thrilling riding experience as users feel like they're "floating" on one wheel. Recent strides in the market include advancements in motor technology, with more powerful and efficient motors enhancing range and hill-climbing capabilities. Manufacturers are also focusing on producing lighter, more portable models to cater to a broader range of riders who prioritize convenience. Emphasizing safety features, such as improved braking systems and rider education initiatives, contributes to enhancing overall safety and rider confidence. One Wheel Electric Scooter Market the rise of rental services and shared mobility options is making one-wheel scooters more accessible, encouraging users to experience and enjoy this exciting mode of eco-friendly personal mobility.

These dynamic trends underscore a promising trajectory for the One Wheel Electric Scooter Market, ensuring sustained growth through continued innovation and diversification. As the industry evolves, these developments position one-wheel electric scooters as not only thrilling but also as a practical and environmentally conscious mobility solution for a diverse range of riders.



Based on Sales Channel

In the rapidly expanding landscape of the One Wheel Electric Scooter Market, online sales take center stage, commanding a robust 60.9% market share. This online dominance is underpinned by various factors, including the broader selection offered by online retailers, presenting a diverse array of one-wheel scooter models from different brands to cater to various needs and budgets. Competitive pricing facilitated by online competition renders scooters more accessible to budget-conscious buyers, contributing to the significant sway of online sales. The convenience of online shopping further solidifies its prominence, allowing customers to comfortably research, compare, and purchase one-wheel electric scooters at their own pace. Notably, the rise of direct-to-consumer models sees many brands establishing online sales channels, cutting out intermediaries to potentially offer lower prices and improved customer service.

Offline sales still hold a substantial 40.65% market share, driven by the tangible benefits of in-person experiences. Brick-and-mortar stores provide opportunities for test rides and expert advice, enabling customers to make informed decisions. The immediate gratification of taking a new scooter home right away and the ability to build brand relationships in physical stores contribute to the enduring appeal of offline sales in the One Wheel Electric Scooter Market. Recent market developments underscore the dynamic interplay between online and offline channels, with the rise of online marketplaces like Amazon and Alibaba making one-wheel scooters globally accessible, alongside the growth of specialty stores offering curated selections and expertise. Many brands are strategically embracing omnichannel approaches, blending online and offline experiences to cater to diverse customer preferences, emphasizing the integral role played by both channels in fueling the market's growth and ensuring accessibility to a broader spectrum of riders in the vibrant One Wheel Electric Scooter Market.



Geographically, North America represents a mature market for one-wheel electric scooters, driven by environmental concerns and increasing awareness of sustainable transportation options. Europe is witnessing growing demand, supported by favourable government regulations and infrastructure development. The Asia Pacific region holds significant growth potential due to rapid urbanization, rising traffic congestion, and government initiatives promoting electric mobility.
One Wheel Electric Scooter Market Regional Analysis
North America stands as a mature market, with the United States and Canada being key contributors. The region showcases a high adoption rate of electric vehicles, including one-wheel electric scooters, driven by growing environmental consciousness and government initiatives promoting clean transportation. Favourable regulations, infrastructure development, and urbanization contribute to the market's expansion. Industry players in North America focus on innovation, product development, and expanding distribution networks to meet the rising demand.

Europe is experiencing significant growth in the One Wheel Electric Scooter Market. Countries such as Germany, France, and the United Kingdom lead the adoption of electric scooters due to stringent emissions regulations, government incentives, and investments in charging infrastructure. Urbanization, traffic congestion, and the demand for sustainable mobility solutions drive the market's expansion in Europe. European consumers prioritize eco-friendly transportation options and are willing to invest in electric scooters for daily commuting and leisure purposes.

The Asia Pacific region holds immense growth potential for the One Wheel Electric Scooter Market. China, Japan, and India, in particular, witness a surge in demand driven by rapid urbanization, increasing disposable income, and concerns over air pollution. Government support and incentives for electric vehicles, coupled with a large consumer base, contribute to the market's growth. Manufacturers in the Asia Pacific region focus on product localization, affordability, and customization to cater to diverse consumer preferences. Rest of the World regions, including South America, the Middle East, and Africa, demonstrate a gradual uptake of one-wheel electric scooters. Market growth is driven by increasing urbanization, growing awareness of environmental issues, and the need for efficient and cost-effective transportation solutions. These regions offer untapped opportunities for market players to expand their presence and cater to evolving consumer needs.

One Wheel Electric Scooter Market Competitive Landscape

In the One Wheel Electric Scooter Market, companies like Future Motion Inc., known for their One-wheel product line, have gained recognition for their technological advancements. Future Motion offers a range of One-wheel models catering to different consumer preferences, such as the One-wheel XR for long-range capabilities and the One-wheel Pint for a more compact design. Boosted, a leading player in the electric mobility market, has also entered the one-wheel electric scooter segment with its Boosted Rev. The Boosted Rev boasts premium features, including a powerful motor, long-range battery, and advanced suspension system, targeting the premium segment of the market.

One notable example of an emerging player is In Motion, a company that offers the In Motion V11, an off-road one-wheel electric scooter. The In Motion V11 is designed to handle various terrains and provides advanced stability and performance features for adventure enthusiasts. Strategic collaborations is observed, such as Bird's partnership with Segway-Ninebot. Bird, a major player in the shared electric scooter industry, has collaborated with Segway-Ninebot to introduce the Bird One, an electric scooter specifically designed for rental and shared mobility services. This collaboration allows Bird to leverage Segway-ninebot's expertise in electric scooter manufacturing and technology.
One Wheel Electric Scooter Market Scope: Inquire before buying



Global One Wheel Electric Scooter Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 172.5 Mn.


Forecast Period 2024 to 2030 CAGR:
8.7%
Market Size in 2030:
US $ 356.8 Mn.


 Segments Covered:
by Product Type
Electric Unicycle
Electric One one-wheel hoverboard


by Application
Off-road Activities
Daily Commute


by Sales Channel
Online Sales
Offline Sales



One Wheel Electric Scooter Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Company Profile: One Wheel Electric Scooter Market Key players
North America:
1.Future Motion Inc. (United States)
2.InMotion (United States)
3. Segway (United States)
4.Boosted (United States)

Europe:
1. Kingsong (Netherlands)
2. Onewheel Europe (Netherlands)
3. InMotion Europe (Netherlands)
4.Segway Europe (Netherlands)

Asia Pacific:
1. Ninebot (China)
2. Gotway (China)
3. InMotion (China)
4.Airwheel (China)

Middle East and Africa:
1.Ruroc (United Arab Emirates)
2. Gotway Middle East (United Arab Emirates)
3. Solowheel MEA (United Arab Emirates)
4. InMotion Africa (South Africa)

South America:
1. Super73 (Brazil)
2. Levit8 (Brazil)
3. Viper (Argentina)
4. Flow (Chile)

FAQs

1] What is the growth rate of the One Wheel Electric Scooter Market?
Ans. The Global One Wheel Electric Scooter Market is growing at a significant rate of 8.7 % over the forecast period.

2] Which region is expected to dominate the One Wheel Electric Scooter Market?
Ans. North America region is expected to dominate the One Wheel Electric Scooter Market over the forecast period.

3] What is the expected Global One Wheel Electric Scooter Market size by 2029?
Ans. The market size of the One Wheel Electric Scooter Market is expected to reach USD 356. 8 Million by 2029.