Electric Skateboard Market, By Type, By Battery Type, By Application, By Geography

Description

Global electric skateboard market is estimated to be valued at US$ 4.07 Billion in 2024 and is expected to reach US$ 9.10 Billion by 2031, exhibiting a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.07 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	12.20%	2031 Value Projection:	US$ 9.10 Bn

Figure. Electric Skateboard Market Share (%), By Region 2024

Global electric skateboard market has been growing rapidly over the past few years. Electric skateboards are gaining popularity among youth as an eco-friendly and efficient mode of transportation within cities. Unlike conventional skateboards which require manual pushing using feet, electric skateboards come equipped with electric motors and rechargeable batteries allowing users to ride them with little physical effort. This has made them quite appealing for short-distance commuting. Rising environmental concerns and growing preferences for micro-mobility have spurred the adoption of electric skateboards. With continued technological advancements, these boards are becoming smarter and more responsive while offering longer riding ranges. This is expected to further catalyze the electric skateboard market in the coming years.

Market Dynamics:

Global electric skateboard market growth is driven by factors such as the growing popularity of micro-mobility solutions for urban commuting, increasing environmental concerns boosting the use of non-polluting vehicles, and rising health awareness encouraging outdoor recreational activities. However, high product and maintenance costs remains a key restraint. Ongoing innovations in battery technologies to enhance performance are expected to create significant opportunities for market players. Companies are investing in Research & Development to develop advanced lithium-ion and solid-state batteries with higher energy density and longer lives. This could help electric skateboards achieve longer riding ranges and realize their full commuting potential. Further, integration of technologies such as GPS, cloud connectivity, and regenerative braking could make these boards smarter and more user-friendly.

Key Features of the Study:

This report provides in-depth analysis of the global electric skateboard market and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global electric skateboard market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Boosted Boards, ELERIDERS, Evolve Skateboards, Inboard, Acton, Razor USA, Skatebolt, WOW go, Teamgee, Koowheel, Onan, Urban Arrow, Landwheel, and X1 Electric Skateboards

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global electric skateboard market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric skateboard market

Market Segmentation

Type Insights (Revenue, USD, 2019 - 2031)
- Hub Motor Electric Skateboards
- Belt Drive Electric Skateboards
Battery Type Insights (Revenue, USD, 2019 - 2031)
- Lithium-Ion Batteries
- Lead-Acid Batteries
Application Insights (Revenue, USD, 2019 - 2031)
- Commuting
- Recreation
- Sports
Regional Insights (Revenue, USD, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Boosted Boards
- Evolve Skateboards
- Meepo Board
- Inboard Technology
- Acton
- Razor USA
- Skatebolt
- WowGo
- Teamgee
- Koowheel
- Onan
- Urban Arrow
- Landwheel
- X1 Electric Skateboards

Product Code: CMI7444

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Battery Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, And Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Electric Skateboard Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Electric Skateboard Market - COVID-19
Impact Analysis

5. Global Electric Skateboard Market, By Type, 2019-2031, (USD BN)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hub Motor Electric Skateboards
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Belt Drive Electric Skateboards
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Electric Skateboard Market, By Battery Type, 2019-2031, (USD BN

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Lithium-Ion Batteries
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Lead-Acid Batteries
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Electric Skateboard Market, By Application, 2019-2031, (USD BN)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Commuting
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020- 2031
- Segment Trends
Recreation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Sports
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

8. Global Electric Skateboard Market, By Region, 2019-2031, (USD BN)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Battery Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (US$ Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Boosted Boards
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Evolve Skateboards
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Meepo Board
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Inboard Technology
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Acton
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Razor USA
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Skatebolt
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
WowGo
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Teamgee
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Koowheel
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Boosted Boards (now defunct but notable)
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Onan
- Company Overview
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Urban Arrow
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
Landwheel
- Company Overview
- Product Portfolio
- Recent Developments/ Updates
X1 Electric Skateboards
- Company Overview
- Product Portfolio
- Recent Developments/ Updates

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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