One Wheel Electric Scooter Market Size, Share, Industry Growth, Analysis Report and Forecast by 2022-2027
According to the latest report by IMARC Group, titled " Global One Wheel Electric Scooter Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027 ", the global one wheel electric scooter market reached a value of US$ 112.6 Million in 2021 . Looking forward, IMARC Group expects the market to reach US$ 151.76 Million by 2027 , exhibiting at a CAGR of 4.70% during 2022-2027 . A one-wheel electric scooter is a self-balancing sport or recreational vehicle that is also used for personal commuting. It consists of a powerful hub motor with motorized wheels to get the required torque for motion and is powered through electrical energy. Electric scooters are incorporated with software applications to track the performance of the vehicle. They are mostly available in electric unicycle and one-wheel hoverboard variants. When compared to the traditionally-used vehicles, one-wheel electric scooters are highly cost-effective and environment-friendly. As such, they a...