France Hoverboard Market Size, Share, and COVID-19 Impact Analysis, By Type (Single Wheel and Double Wheel), By Application (Recreational, Personal Mobility, and Commercial), and France Hoverboard Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsFrance Hoverboard Market Insights Forecasts to 2035
- The France Hoverboard Market Size was Estimated at USD 294.7 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 2.57% from 2025 to 2035
- The France Hoverboard Market Size is Expected to Reach USD 389.5 Million by 2035
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According to a research report published by Spherical Insights and Consulting, The France Hoverboard Market Size is anticipated to reach USD 389.5 Million by 2035, growing at a CAGR of 2.57% from 2025 to 2035. This is due to Hoverboards being a desirable option for customers who care about the environment because of this demand, which is further driven by a growing awareness of environmental issues and a desire to reduce carbon footprints.
Market Overview
The France hoverboard market is the national market for both self-balancing scooters and electric skateboards called hoverboards. As described earlier, hoverboards are devices that use gyroscopic sensors and motors to assist rider movement and maneuvering, while the rider simply has to balance their weight. All hoverboard manufacturers, retailers, and service providers compose the market. Hoverboards are perceived as fun gadgets by many, especially younger consumers, providing an exciting and stylish opportunity to engage in outdoor activities. The idea that these can be used as gifts, especially during the holidays and birthdays, has helped to propel their popularity. Additionally, with more traffic in cities, people are looking for alternatives to use instead of cars and public transport methods for short-range travel. Hoverboards provide another option for travel for short distances without having to drive an automobile, ride a bicycle, or have to pay for public transportation; these are lightweight, portable, and emission-free to travel on sidewalks, on university or college campuses, and in pedestrian-friendly places.
Report Coverage
This research report categorizes the market for the France hoverboard market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France hoverboard market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France hoverboard market.
France Hoverboard Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 294.7 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 2.57% |
2035 Value Projection: | USD 389.5 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 266 |
Tables, Charts & Figures: | 98 |
Segments covered: | By Type and By Application |
Companies covered:: | JIALIKE Electronic Company Ltd., Ninebot Inc., Segway Inc.Hangzhou Chic Intelligent Technology Co., Razor USA LLC, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The France hoverboard market is booming, driven by an increase in consumer interest in personalized urban mobility options and increased growth in the acceptance and usage of electric-powered mobility devices. Three notable driving forces include the trend towards green mobility, urbanization, and the associated local commuting needs, and increased hoverboard uptake for recreational and commuting purposes, with a strong focus on youth demographics. The hoverboard market has seen accelerated adoption among youth demographics, particularly teens and young adults. The primary driver behind this is the influence of social media and viral marketing campaigns, and hoverboards being viewed as a trendy recreational gadget.
Restraining Factors
Consumer price sensitivity, high production costs, and safety concerns are some of the issues facing the France hoverboard market. Particularly for off-road hoverboards and for entering more competitive and cost-conscious markets, these obstacles may impede market expansion and uptake.
Market Segmentation
The France hoverboard market share is classified into type and application.
- The double wheel segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The France hoverboard market is segmented by type into single wheel and double wheel. Among these, the double wheel segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. From smooth indoor flooring to rough outdoor terrain like grass or gravel, double-wheel hoverboards are better suited to handle a variety of surfaces. This is because of their adaptability; these are desirable to consumers seeking a multipurpose gadget for both leisure and transportation. Numerous double-wheel hoverboards are equipped with cutting-edge technology, including built-in speakers, Bluetooth connectivity, and controls via mobile apps.
- The recreational segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The France hoverboard market is segmented by application into recreational, personal mobility, and commercial. Among these, the recreational segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Hoverboards are gaining popularity as an outdoor recreational option as more people lead active, health-conscious lives. Both kids and adults searching for alternatives to conventional sports or fitness activities will find them to be an entertaining and captivating way to stay active while taking in outdoor settings.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France hoverboard market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- JIALIKE Electronic Company Ltd.
- Ninebot Inc.
- Segway Inc.Hangzhou Chic Intelligent Technology Co.
- Razor USA LLC
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the France Hoverboard Market based on the below-mentioned segments:
France Hoverboard Market, By Type
- Single Wheel
- Double Wheel
France Hoverboard Market, By Application
- Recreational
- Personal Mobility
- Commercial
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