Canada One Wheel Electric Scooter Market, By Type (Electric Unicycle, and Electric One-Wheel Hoverboard), By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h), By Application (Off-Road Activities, and Commuting), By Distribution Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2028
The Canada one-wheel electric scooter market is expected to grow at a steady CAGR for the forecast period, 2024-2028. High demand from the youth population and the rapid transformations in urban transportation are the primary drivers of Canada one wheel electric scooter market. Also, the changing outlook of recreational activities and the high demand for green mobility solutions are expected to boost the market demand over the next five years.
Rising Demand for Sustainable Mobility Solution Drives the Market Growth
The growing pollution levels due to the release of greenhouse gases from automobiles harm the environment and health of the residents of Canada. According to a study by the government of Canada, transportation accounts for approximately 25% of Canada's greenhouse gas emissions which is one of the major reasons for the demand for zero-emission vehicles. Over 4000 electric two-wheelers were sold in Canada in 2020. The government is actively working on the decarbonization of the transportation sector and shifting towards clean energy fuel, thereby accelerating the adoption of electrically operated vehicles among consumers. The government has already invested over $1 billion to promote electric vehicles among consumers. The government is providing incentives to buyers and manufacturers to invest in purchasing electric vehicles. The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a 5-year $280 million program that ends by 2024 is a project taken by the government to build charging and refueling stations in Canada, and the target to achieve zero emission by 2035 are expected to act as a positive driver for Canada one wheel electric scooter market over the next five years.
Rapid Transformation of the Transportation Industry Supports the Market Growth
Canada is one of the largest countries in the world and is considered the most urbanized continent in the world. People prefer to live in urban areas in search of better job opportunities and quality living standards. The need for personal commutes is growing at a rapid rate to reduce traveling time. The urban passenger is inclined towards adopting technologically advanced commute solutions that are also eco-friendly and cost-effective for consumers. One-wheel electric scooter is one of the leading mobility options among the youth population owing to their aesthetic appearance and compact design. The changing rider requirements and the development of an effective and efficient commute system are expected to bolster the demand for Canada one wheel electric scooter market in the forecast period.
Low Maintenance and Operating Cost Fuels the Market Growth
The increasing price of petroleum products makes consumers look for alternate energy sources. One-wheel electric scooter operates on electricity which lowers the operating cost of the vehicles. Manufacturers are developing one-wheel electric scooters having a higher battery range than the previous versions, which is expected to improve sales. Also, there are fewer working parts present in one-wheel electric scooters, which eliminates the maintenance costs of wheel electric scooters. The ease of riding the one-wheel electric scooter and its affordability is expected to fuel the market demand for the next five years.
Market Segmentation
The Canada one-wheel electric scooter market is segmented based on type, speed limit, application, distribution channel, company, and regional distribution. Based on type, the market is divided into electric unicycles and electric one-wheel hoverboards. Based on the speed limit, the market is divided into 20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and more than 50 Km/h. Based on application, the market is divided into off-road activities and commuting. Based on the distribution channel, the market is bifurcated into online and offline. The market is also studied by dividing Canada into regions namely Ontario, Quebec, The West, British Columbia, Atlantic Canada, and The North.
Market Players
Future Motion Inc., Ninebot Limited, SWAGTRON, IPS Electric Unicycle, SuperRide, Ride the Glide RTG – E-Bikes Inc., Airwheel Holding Limited, DYU & F-wheel, InMotion Canada are the major market players leading the growth of the Canada one wheel electric scooter market.
Report Scope:
In this report, Canada one wheel electric scooter market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in Canada one wheel electric scooter market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Rising Demand for Sustainable Mobility Solution Drives the Market Growth
The growing pollution levels due to the release of greenhouse gases from automobiles harm the environment and health of the residents of Canada. According to a study by the government of Canada, transportation accounts for approximately 25% of Canada's greenhouse gas emissions which is one of the major reasons for the demand for zero-emission vehicles. Over 4000 electric two-wheelers were sold in Canada in 2020. The government is actively working on the decarbonization of the transportation sector and shifting towards clean energy fuel, thereby accelerating the adoption of electrically operated vehicles among consumers. The government has already invested over $1 billion to promote electric vehicles among consumers. The government is providing incentives to buyers and manufacturers to invest in purchasing electric vehicles. The Zero Emission Vehicle Infrastructure Program (ZEVIP) is a 5-year $280 million program that ends by 2024 is a project taken by the government to build charging and refueling stations in Canada, and the target to achieve zero emission by 2035 are expected to act as a positive driver for Canada one wheel electric scooter market over the next five years.
Rapid Transformation of the Transportation Industry Supports the Market Growth
Canada is one of the largest countries in the world and is considered the most urbanized continent in the world. People prefer to live in urban areas in search of better job opportunities and quality living standards. The need for personal commutes is growing at a rapid rate to reduce traveling time. The urban passenger is inclined towards adopting technologically advanced commute solutions that are also eco-friendly and cost-effective for consumers. One-wheel electric scooter is one of the leading mobility options among the youth population owing to their aesthetic appearance and compact design. The changing rider requirements and the development of an effective and efficient commute system are expected to bolster the demand for Canada one wheel electric scooter market in the forecast period.
Low Maintenance and Operating Cost Fuels the Market Growth
The increasing price of petroleum products makes consumers look for alternate energy sources. One-wheel electric scooter operates on electricity which lowers the operating cost of the vehicles. Manufacturers are developing one-wheel electric scooters having a higher battery range than the previous versions, which is expected to improve sales. Also, there are fewer working parts present in one-wheel electric scooters, which eliminates the maintenance costs of wheel electric scooters. The ease of riding the one-wheel electric scooter and its affordability is expected to fuel the market demand for the next five years.
Market Segmentation
The Canada one-wheel electric scooter market is segmented based on type, speed limit, application, distribution channel, company, and regional distribution. Based on type, the market is divided into electric unicycles and electric one-wheel hoverboards. Based on the speed limit, the market is divided into 20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and more than 50 Km/h. Based on application, the market is divided into off-road activities and commuting. Based on the distribution channel, the market is bifurcated into online and offline. The market is also studied by dividing Canada into regions namely Ontario, Quebec, The West, British Columbia, Atlantic Canada, and The North.
Market Players
Future Motion Inc., Ninebot Limited, SWAGTRON, IPS Electric Unicycle, SuperRide, Ride the Glide RTG – E-Bikes Inc., Airwheel Holding Limited, DYU & F-wheel, InMotion Canada are the major market players leading the growth of the Canada one wheel electric scooter market.
Report Scope:
In this report, Canada one wheel electric scooter market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Canada One Wheel Electric Scooter Market, By Type:
- Electric Unicycle
- Electric One-Wheel Hoverboard
- Canada One Wheel Electric Scooter Market, By Speed Limit (Km/h):
- 20 Km/h - 30 Km/h
- 30 Km/h - 50 Km/h
- More than 50 Km/h
- Canada One Wheel Electric Scooter Market, By Application:
- Off-Road Activities
- Commuting
- Canada One Wheel Electric Scooter Market, By Distribution Channel:
- Online
- Offline
- Canada One Wheel Electric Scooter Market, By Region:
- Ontario
- Quebec
- The West
- British Columbia
- Atlantic Canada
- The North
Company Profiles: Detailed analysis of the major companies present in Canada one wheel electric scooter market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. IMPACT OF COVID-19 ON CANADA ONE WHEEL ELECTRIC SCOOTER MARKET
5. VOICE OF CUSTOMER
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. CANADA ONE WHEEL ELECTRIC SCOOTER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Type (Electric Unicycle, and Electric One-Wheel Hoverboard)
6.2.2. By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h)
6.2.3. By Application (Off-Road Activities, and Commuting)
6.2.4. By Distribution Channel (Online, Offline)
6.2.5. By Region
6.2.6. By Company (2022)
6.3. Product Market Map (By Type, By Speed Limit, By Application, By Distribution Channel, By Region)
7. CANADA ELECTRIC UNICYCLE MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Speed Limit
7.2.2. By Application
7.2.3. By Distribution Channel
7.3. Product Benchmarking
8. CANADA ELECTRIC ONE-WHEEL HOVERBOARD MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Speed Limit
8.2.2. By Application
8.2.3. By Distribution Channel
8.3. Product Benchmarking
9. MARKET DYNAMICS
9.1. Drivers
9.2. Challenges
10. MARKET TRENDS AND DEVELOPMENTS
11. POLICY AND REGULATORY LANDSCAPE
12. CANADA ECONOMIC PROFILE
13. COMPETITIVE LANDSCAPE
13.1. Company Profiles (Partial List of Leading Companies)
13.1.1. Future Motion Inc.
13.1.2. Ninebot Limited
13.1.3. SWAGTRON
13.1.4. IPS Electric Unicycle
13.1.5. SuperRide
13.1.6. Ride the Glide RTG – E-Bikes Inc.
13.1.7. Airwheel Holding Limited
13.1.8. DYU & F-wheel
13.1.9. InMotion Canada
14. STRATEGIC RECOMMENDATIONS
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. IMPACT OF COVID-19 ON CANADA ONE WHEEL ELECTRIC SCOOTER MARKET
5. VOICE OF CUSTOMER
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. CANADA ONE WHEEL ELECTRIC SCOOTER MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Type (Electric Unicycle, and Electric One-Wheel Hoverboard)
6.2.2. By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h)
6.2.3. By Application (Off-Road Activities, and Commuting)
6.2.4. By Distribution Channel (Online, Offline)
6.2.5. By Region
6.2.6. By Company (2022)
6.3. Product Market Map (By Type, By Speed Limit, By Application, By Distribution Channel, By Region)
7. CANADA ELECTRIC UNICYCLE MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Speed Limit
7.2.2. By Application
7.2.3. By Distribution Channel
7.3. Product Benchmarking
8. CANADA ELECTRIC ONE-WHEEL HOVERBOARD MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Speed Limit
8.2.2. By Application
8.2.3. By Distribution Channel
8.3. Product Benchmarking
9. MARKET DYNAMICS
9.1. Drivers
9.2. Challenges
10. MARKET TRENDS AND DEVELOPMENTS
11. POLICY AND REGULATORY LANDSCAPE
12. CANADA ECONOMIC PROFILE
13. COMPETITIVE LANDSCAPE
13.1. Company Profiles (Partial List of Leading Companies)
13.1.1. Future Motion Inc.
13.1.2. Ninebot Limited
13.1.3. SWAGTRON
13.1.4. IPS Electric Unicycle
13.1.5. SuperRide
13.1.6. Ride the Glide RTG – E-Bikes Inc.
13.1.7. Airwheel Holding Limited
13.1.8. DYU & F-wheel
13.1.9. InMotion Canada
14. STRATEGIC RECOMMENDATIONS
