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Global Self-balancing Scooter Market Analysis and Forecast 2024-2030

April 2024 | 137 pages | ID: GF4477F0E5EFEN
APO Research

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According to APO Research, The global Self-balancing Scooter market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

China is the largest Self-balancing Scooter market with about 49% market share. Europe is follower, accounting for about 20% market share.

The key players are Ninebot, Segway, Inventist, IPS, Robstep, INMOTION, i-ROBOT, OSDRICH, CHIC, Rijiang, ESWING, Airwheel, F-Wheel, Fosjoas, Wolfscooter, Freego, Freefeet Technology, Rooder, Yubu etc. Top 5 companies occupied about 63% market share.

This report presents an overview of global market for Self-balancing Scooter, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Self-balancing Scooter, also provides the sales of main regions and countries. Of the upcoming market potential for Self-balancing Scooter, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Self-balancing Scooter sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Self-balancing Scooter market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Self-balancing Scooter sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Ninebot, Segway, Inventist, IPS, Robstep, INMOTION, i-ROBOT, OSDRICH and CHIC, etc.

Self-balancing Scooter segment by Company
  • Ninebot
  • Segway
  • Inventist
  • IPS
  • Robstep
  • INMOTION
  • i-ROBOT
  • OSDRICH
  • CHIC
  • Rijiang
  • ESWING
  • Airwheel
  • F-Wheel
  • Fosjoas
  • Wolfscooter
  • Freego
  • Freefeet Technology
  • Rooder
  • Yubu
Self-balancing Scooter segment by Type
  • Two-wheeled Self-balancing Scooter
  • Unicycle Self-balancing Scooter
Self-balancing Scooter segment by Application
  • Personal Recreation Vehicle
  • Business
  • Patrol
Self-balancing Scooter segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Self-balancing Scooter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Self-balancing Scooter and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Self-balancing Scooter.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Sales (consumption), revenue of Self-balancing Scooter in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of Self-balancing Scooter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Self-balancing Scooter sales, revenue, price, gross margin, and recent development, etc.

Chapter 8: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.

Chapter 9: Europe by type, by application and by country, sales, and revenue for each segment.

Chapter 10: China type, by application, sales, and revenue for each segment.

Chapter 11: Asia (excluding China) type, by application and by region, sales, and revenue for each segment.

Chapter 12: Middle East, Africa, and Latin America type, by application and by country, sales, and revenue for each segment.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: The main concluding insights of the report.

Chapter 14: The main concluding insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Self-balancing Scooter Market by Type
  1.2.1 Global Self-balancing Scooter Market Size by Type, 2019 VS 2023 VS 2030
  1.2.2 Two-wheeled Self-balancing Scooter
  1.2.3 Unicycle Self-balancing Scooter
1.3 Self-balancing Scooter Market by Application
  1.3.1 Global Self-balancing Scooter Market Size by Application, 2019 VS 2023 VS 2030
  1.3.2 Personal Recreation Vehicle
  1.3.3 Business
  1.3.4 Patrol
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives

2 SELF-BALANCING SCOOTER MARKET DYNAMICS

2.1 Self-balancing Scooter Industry Trends
2.2 Self-balancing Scooter Industry Drivers
2.3 Self-balancing Scooter Industry Opportunities and Challenges
2.4 Self-balancing Scooter Industry Restraints

3 GLOBAL MARKET GROWTH PROSPECTS

3.1 Global Self-balancing Scooter Revenue Estimates and Forecasts (2019-2030)
3.2 Global Self-balancing Scooter Revenue by Region
  3.2.1 Global Self-balancing Scooter Revenue by Region: 2019 VS 2023 VS 2030
  3.2.2 Global Self-balancing Scooter Revenue by Region (2019-2024)
  3.2.3 Global Self-balancing Scooter Revenue by Region (2025-2030)
  3.2.4 Global Self-balancing Scooter Revenue Market Share by Region (2019-2030)
3.3 Global Self-balancing Scooter Sales Estimates and Forecasts 2019-2030
3.4 Global Self-balancing Scooter Sales by Region
  3.4.1 Global Self-balancing Scooter Sales by Region: 2019 VS 2023 VS 2030
  3.4.2 Global Self-balancing Scooter Sales by Region (2019-2024)
  3.4.3 Global Self-balancing Scooter Sales by Region (2025-2030)
  3.4.4 Global Self-balancing Scooter Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (Excluding China)
3.9 Middle East, Africa and Latin America

4 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

4.1 Global Self-balancing Scooter Revenue by Manufacturers
  4.1.1 Global Self-balancing Scooter Revenue by Manufacturers (2019-2024)
  4.1.2 Global Self-balancing Scooter Revenue Market Share by Manufacturers (2019-2024)
  4.1.3 Global Self-balancing Scooter Manufacturers Revenue Share Top 10 and Top 5 in 2023
4.2 Global Self-balancing Scooter Sales by Manufacturers
  4.2.1 Global Self-balancing Scooter Sales by Manufacturers (2019-2024)
  4.2.2 Global Self-balancing Scooter Sales Market Share by Manufacturers (2019-2024)
  4.2.3 Global Self-balancing Scooter Manufacturers Sales Share Top 10 and Top 5 in 2023
4.3 Global Self-balancing Scooter Sales Price by Manufacturers (2019-2024)
4.4 Global Self-balancing Scooter Key Manufacturers Ranking, 2022 VS 2023 VS 2024
4.5 Global Self-balancing Scooter Key Manufacturers Manufacturing Sites & Headquarters
4.6 Global Self-balancing Scooter Manufacturers, Product Type & Application
4.7 Global Self-balancing Scooter Manufacturers Commercialization Time
4.8 Market Competitive Analysis
  4.8.1 Global Self-balancing Scooter Market CR5 and HHI
  4.8.2 2023 Self-balancing Scooter Tier 1, Tier 2, and Tier

5 SELF-BALANCING SCOOTER MARKET BY TYPE

5.1 Global Self-balancing Scooter Revenue by Type
  5.1.1 Global Self-balancing Scooter Revenue by Type (2019 VS 2023 VS 2030)
  5.1.2 Global Self-balancing Scooter Revenue by Type (2019-2030) & (US$ Million)
  5.1.3 Global Self-balancing Scooter Revenue Market Share by Type (2019-2030)
5.2 Global Self-balancing Scooter Sales by Type
  5.2.1 Global Self-balancing Scooter Sales by Type (2019 VS 2023 VS 2030)
  5.2.2 Global Self-balancing Scooter Sales by Type (2019-2030) & (K Units)
  5.2.3 Global Self-balancing Scooter Sales Market Share by Type (2019-2030)
5.3 Global Self-balancing Scooter Price by Type

6 SELF-BALANCING SCOOTER MARKET BY APPLICATION

6.1 Global Self-balancing Scooter Revenue by Application
  6.1.1 Global Self-balancing Scooter Revenue by Application (2019 VS 2023 VS 2030)
  6.1.2 Global Self-balancing Scooter Revenue by Application (2019-2030) & (US$ Million)
  6.1.3 Global Self-balancing Scooter Revenue Market Share by Application (2019-2030)
6.2 Global Self-balancing Scooter Sales by Application
  6.2.1 Global Self-balancing Scooter Sales by Application (2019 VS 2023 VS 2030)
  6.2.2 Global Self-balancing Scooter Sales by Application (2019-2030) & (K Units)
  6.2.3 Global Self-balancing Scooter Sales Market Share by Application (2019-2030)
6.3 Global Self-balancing Scooter Price by Application

7 COMPANY PROFILES

7.1 Ninebot
  7.1.1 Ninebot Comapny Information
  7.1.2 Ninebot Business Overview
  7.1.3 Ninebot Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.1.4 Ninebot Self-balancing Scooter Product Portfolio
  7.1.5 Ninebot Recent Developments
7.2 Segway
  7.2.1 Segway Comapny Information
  7.2.2 Segway Business Overview
  7.2.3 Segway Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.2.4 Segway Self-balancing Scooter Product Portfolio
  7.2.5 Segway Recent Developments
7.3 Inventist
  7.3.1 Inventist Comapny Information
  7.3.2 Inventist Business Overview
  7.3.3 Inventist Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.3.4 Inventist Self-balancing Scooter Product Portfolio
  7.3.5 Inventist Recent Developments
7.4 IPS
  7.4.1 IPS Comapny Information
  7.4.2 IPS Business Overview
  7.4.3 IPS Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.4.4 IPS Self-balancing Scooter Product Portfolio
  7.4.5 IPS Recent Developments
7.5 Robstep
  7.5.1 Robstep Comapny Information
  7.5.2 Robstep Business Overview
  7.5.3 Robstep Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.5.4 Robstep Self-balancing Scooter Product Portfolio
  7.5.5 Robstep Recent Developments
7.6 INMOTION
  7.6.1 INMOTION Comapny Information
  7.6.2 INMOTION Business Overview
  7.6.3 INMOTION Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.6.4 INMOTION Self-balancing Scooter Product Portfolio
  7.6.5 INMOTION Recent Developments
7.7 i-ROBOT
  7.7.1 i-ROBOT Comapny Information
  7.7.2 i-ROBOT Business Overview
  7.7.3 i-ROBOT Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.7.4 i-ROBOT Self-balancing Scooter Product Portfolio
  7.7.5 i-ROBOT Recent Developments
7.8 OSDRICH
  7.8.1 OSDRICH Comapny Information
  7.8.2 OSDRICH Business Overview
  7.8.3 OSDRICH Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.8.4 OSDRICH Self-balancing Scooter Product Portfolio
  7.8.5 OSDRICH Recent Developments
7.9 CHIC
  7.9.1 CHIC Comapny Information
  7.9.2 CHIC Business Overview
  7.9.3 CHIC Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.9.4 CHIC Self-balancing Scooter Product Portfolio
  7.9.5 CHIC Recent Developments
7.10 Rijiang
  7.10.1 Rijiang Comapny Information
  7.10.2 Rijiang Business Overview
  7.10.3 Rijiang Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.10.4 Rijiang Self-balancing Scooter Product Portfolio
  7.10.5 Rijiang Recent Developments
7.11 ESWING
  7.11.1 ESWING Comapny Information
  7.11.2 ESWING Business Overview
  7.11.3 ESWING Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.11.4 ESWING Self-balancing Scooter Product Portfolio
  7.11.5 ESWING Recent Developments
7.12 Airwheel
  7.12.1 Airwheel Comapny Information
  7.12.2 Airwheel Business Overview
  7.12.3 Airwheel Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.12.4 Airwheel Self-balancing Scooter Product Portfolio
  7.12.5 Airwheel Recent Developments
7.13 F-Wheel
  7.13.1 F-Wheel Comapny Information
  7.13.2 F-Wheel Business Overview
  7.13.3 F-Wheel Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.13.4 F-Wheel Self-balancing Scooter Product Portfolio
  7.13.5 F-Wheel Recent Developments
7.14 Fosjoas
  7.14.1 Fosjoas Comapny Information
  7.14.2 Fosjoas Business Overview
  7.14.3 Fosjoas Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.14.4 Fosjoas Self-balancing Scooter Product Portfolio
  7.14.5 Fosjoas Recent Developments
7.15 Wolfscooter
  7.15.1 Wolfscooter Comapny Information
  7.15.2 Wolfscooter Business Overview
  7.15.3 Wolfscooter Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.15.4 Wolfscooter Self-balancing Scooter Product Portfolio
  7.15.5 Wolfscooter Recent Developments
7.16 Freego
  7.16.1 Freego Comapny Information
  7.16.2 Freego Business Overview
  7.16.3 Freego Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.16.4 Freego Self-balancing Scooter Product Portfolio
  7.16.5 Freego Recent Developments
7.17 Freefeet Technology
  7.17.1 Freefeet Technology Comapny Information
  7.17.2 Freefeet Technology Business Overview
  7.17.3 Freefeet Technology Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.17.4 Freefeet Technology Self-balancing Scooter Product Portfolio
  7.17.5 Freefeet Technology Recent Developments
7.18 Rooder
  7.18.1 Rooder Comapny Information
  7.18.2 Rooder Business Overview
  7.18.3 Rooder Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.18.4 Rooder Self-balancing Scooter Product Portfolio
  7.18.5 Rooder Recent Developments
7.19 Yubu
  7.19.1 Yubu Comapny Information
  7.19.2 Yubu Business Overview
  7.19.3 Yubu Self-balancing Scooter Sales, Revenue, Price and Gross Margin (2019-2024)
  7.19.4 Yubu Self-balancing Scooter Product Portfolio
  7.19.5 Yubu Recent Developments

8 NORTH AMERICA

8.1 North America Self-balancing Scooter Market Size by Type
  8.1.1 North America Self-balancing Scooter Revenue by Type (2019-2030)
  8.1.2 North America Self-balancing Scooter Sales by Type (2019-2030)
  8.1.3 North America Self-balancing Scooter Price by Type (2019-2030)
8.2 North America Self-balancing Scooter Market Size by Application
  8.2.1 North America Self-balancing Scooter Revenue by Application (2019-2030)
  8.2.2 North America Self-balancing Scooter Sales by Application (2019-2030)
  8.2.3 North America Self-balancing Scooter Price by Application (2019-2030)
8.3 North America Self-balancing Scooter Market Size by Country
  8.3.1 North America Self-balancing Scooter Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  8.3.2 North America Self-balancing Scooter Sales by Country (2019 VS 2023 VS 2030)
  8.3.3 North America Self-balancing Scooter Price by Country (2019-2030)
  8.3.4 U.S.
  8.3.5 Canada

9 EUROPE

9.1 Europe Self-balancing Scooter Market Size by Type
  9.1.1 Europe Self-balancing Scooter Revenue by Type (2019-2030)
  9.1.2 Europe Self-balancing Scooter Sales by Type (2019-2030)
  9.1.3 Europe Self-balancing Scooter Price by Type (2019-2030)
9.2 Europe Self-balancing Scooter Market Size by Application
  9.2.1 Europe Self-balancing Scooter Revenue by Application (2019-2030)
  9.2.2 Europe Self-balancing Scooter Sales by Application (2019-2030)
  9.2.3 Europe Self-balancing Scooter Price by Application (2019-2030)
9.3 Europe Self-balancing Scooter Market Size by Country
  9.3.1 Europe Self-balancing Scooter Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  9.3.2 Europe Self-balancing Scooter Sales by Country (2019 VS 2023 VS 2030)
  9.3.3 Europe Self-balancing Scooter Price by Country (2019-2030)
  9.3.4 Germany
  9.3.5 France
  9.3.6 U.K.
  9.3.7 Italy
  9.3.8 Russia

10 CHINA

10.1 China Self-balancing Scooter Market Size by Type
  10.1.1 China Self-balancing Scooter Revenue by Type (2019-2030)
  10.1.2 China Self-balancing Scooter Sales by Type (2019-2030)
  10.1.3 China Self-balancing Scooter Price by Type (2019-2030)
10.2 China Self-balancing Scooter Market Size by Application
  10.2.1 China Self-balancing Scooter Revenue by Application (2019-2030)
  10.2.2 China Self-balancing Scooter Sales by Application (2019-2030)
  10.2.3 China Self-balancing Scooter Price by Application (2019-2030)

11 ASIA (EXCLUDING CHINA)

11.1 Asia Self-balancing Scooter Market Size by Type
  11.1.1 Asia Self-balancing Scooter Revenue by Type (2019-2030)
  11.1.2 Asia Self-balancing Scooter Sales by Type (2019-2030)
  11.1.3 Asia Self-balancing Scooter Price by Type (2019-2030)
11.2 Asia Self-balancing Scooter Market Size by Application
  11.2.1 Asia Self-balancing Scooter Revenue by Application (2019-2030)
  11.2.2 Asia Self-balancing Scooter Sales by Application (2019-2030)
  11.2.3 Asia Self-balancing Scooter Price by Application (2019-2030)
11.3 Asia Self-balancing Scooter Market Size by Country
  11.3.1 Asia Self-balancing Scooter Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  11.3.2 Asia Self-balancing Scooter Sales by Country (2019 VS 2023 VS 2030)
  11.3.3 Asia Self-balancing Scooter Price by Country (2019-2030)
  11.3.4 Japan
  11.3.5 South Korea
  11.3.6 India
  11.3.7 Australia
  11.3.8 China Taiwan
  11.3.9 Southeast Asia

12 MIDDLE EAST, AFRICA AND LATIN AMERICA

12.1 MEALA Self-balancing Scooter Market Size by Type
  12.1.1 MEALA Self-balancing Scooter Revenue by Type (2019-2030)
  12.1.2 MEALA Self-balancing Scooter Sales by Type (2019-2030)
  12.1.3 MEALA Self-balancing Scooter Price by Type (2019-2030)
12.2 MEALA Self-balancing Scooter Market Size by Application
  12.2.1 MEALA Self-balancing Scooter Revenue by Application (2019-2030)
  12.2.2 MEALA Self-balancing Scooter Sales by Application (2019-2030)
  12.2.3 MEALA Self-balancing Scooter Price by Application (2019-2030)
12.3 MEALA Self-balancing Scooter Market Size by Country
  12.3.1 MEALA Self-balancing Scooter Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
  12.3.2 MEALA Self-balancing Scooter Sales by Country (2019 VS 2023 VS 2030)
  12.3.3 MEALA Self-balancing Scooter Price by Country (2019-2030)
  12.3.4 Mexico
  12.3.5 Brazil
  12.3.6 Israel
  12.3.7 Argentina
  12.3.8 Colombia
  12.3.9 Turkey
  12.3.10 Saudi Arabia
  12.3.11 UAE

13 VALUE CHAIN AND SALES CHANNELS ANALYSIS

13.1 Self-balancing Scooter Value Chain Analysis
  13.1.1 Self-balancing Scooter Key Raw Materials
  13.1.2 Raw Materials Key Suppliers
  13.1.3 Manufacturing Cost Structure
  13.1.4 Self-balancing Scooter Production Mode & Process
13.2 Self-balancing Scooter Sales Channels Analysis
  13.2.1 Direct Comparison with Distribution Share
  13.2.2 Self-balancing Scooter Distributors
  13.2.3 Self-balancing Scooter Customers

14 CONCLUDING INSIGHTS

15 APPENDIX

15.1 Reasons for Doing This Study
15.2 Research Methodology
15.3 Research Process
15.4 Authors List of This Report
15.5 Data Source
  15.5.1 Secondary Sources
  15.5.2 Primary Sources
15.6 Disclaimer


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