Electric Skateboard Market Overview
An electric skateboard differs from a regular skateboard mainly in that it contains an electric motor. An electric skateboard can be controlled with a hand-held controller, brakes, or pads mounted on the skateboard.
Personal mobility is an increasing trend, and electric skateboards come in handy and are enjoyable to ride when transportation is a problem. Electric skateboards are small, light, and convenient to transport. Electric skateboards save money as the population grows and parking becomes a problem. The popularity of outdoor sports and recreational activities has expanded the use of electric skateboards. Electric skateboards are faster, require less effort, and provide better control than traditional skateboards, making them a popular choice among skaters. All these aforementioned factors are majorly contributing to the growth of the Electric Skateboard Market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Wheels, Deck Size, Speed, Distribution Channel, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Inboard Technology, Skatebolt, ACTON Inc., Blitzart Inc., RideRiptide Electric Skateboard, Teamgee Skateboard, Boosted, Inc., Atom Longboards, Evolve Skateboards Australia, Swagtron. |
Covid-19 Impact on Electric Skateboard Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Electric Skateboard Market Segment Overview
Based on the Type, Belt driven is one of the largest segments in the global Electric Skateboard market. Belt-driven skateboards have a motor outside the wheel, close to the wheelbase, from which RPM is transferred to the wheel via a belt. On the other hand, Hub designs electric skateboards, have the motor built into the wheel.
Electric Skateboard Market, By Type
· Belt driven
· Hub motor design
Electric Skateboard Market, By Wheels
· Generic Wheels
· Clone Wheels
Electric Skateboard Market, By Deck Size
· Mini Board
· Mid Board
· Full Board
Electric Skateboard Market, By Speed
· Less than 10 mph
· 10 – 20 mph
· More than 20 mph
Electric Skateboard Market, By Distribution Channel
· Online
· Offline
Electric Skateboard Regional Overview
The global Electric Skateboard market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to lead the global market, followed by Europe during the projection period. Due to advancements in technology and increased disposable income, the electric skateboard market in the Asia Pacific is expected to grow rapidly. In emerging economies, the cost-effectiveness of electric skateboards is expected to inspire more people to buy them.
Electric Skateboard Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Electric Skateboard Market, Key Players
· Inboard Technology
· Skatebolt
· ACTON Inc.
· Blitzart Inc.
· RideRiptide Electric Skateboard
· Teamgee Skateboard
· Boosted, Inc.
· Atom Longboards
· Evolve Skateboards Australia
· Swagtron
Q1. What are the driving factors for the global Electric Skateboard market?
The popularity of outdoor sports and recreational activities has expanded the use of electric skateboards. This key factor is expected to rise the growth of the global Electric Skateboard market at a considerable rate in the coming years.
Q2. Which Segments are covered in the global Electric Skateboard market report?
Type, Wheels, Deck Size, Speed, Distribution Channel, and Region. these segments are covered in the global Electric Skateboard market report
Q3. Which segment is projected to hold the largest share in the global Electric Skateboard market. ?
Belt driven segment is projected to hold the largest share in the global Electric Skateboard market.
Q4. Which region holds the largest share in the global Electric Skateboard market?
North America held the largest share in the global Electric Skateboard market
Q5. Which are the prominent players in the global Electric Skateboard market?
Inboard Technology, Skatebolt, ACTON Inc., Blitzart Inc., RideRiptide Electric Skateboard, Teamgee Skateboard, Boosted, Inc., Atom Longboards, Evolve Skateboards Australia, Swagtron. are some key players in the global Electric Skateboard market.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
