Report

Canada one wheel electric scooter market is projected to grow at a formidable rate during the significant period, 2023-2027. The market growth can be attributed to the young population's high demand for one wheel electric scooters and rapid urban transportation changes. Besides, changing outlook towards recreational activities and the growing focus on green mobility solutions are anticipated to boost the market growth.
Rising pollution levels caused by the emission of greenhouse gases from automobiles threaten the environment and the health of Canadians. According to research from the government of Canada, transportation accounts for around 25% of Canada's greenhouse gas emissions, one of the key reasons for the strong demand for zero-emission automobiles. Hence, the government is actively attempting to decarbonize the transportation sector and shift toward clean energy fuel, consequently increasing consumer adoption of electric vehicles. The government has already spent more than a billion dollars to promote the usage of electric automobiles among customers. The Canadian government is also providing incentives to buyers and manufacturers to invest in purchasing electric vehicles. The Zero Emission Vehicle Infrastructure Program (ZEVIP) undertaken 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 positive drivers for Canada one wheel electric scooter market over the next five years.
Personal commuting is becoming increasingly popular to save travel time. The urban commuter is gravitating toward technologically enhanced commute options that are also environmentally friendly and cost-effective for consumers. Because of its attractive appearance and compact form, the one-wheel electric scooter is one of the most popular modes of transportation among the youth population. The changing rider expectations and the development of an effective and efficient commute system are projected to boost demand for Canada one wheel electric scooter market during the forecast period.
Consumers are looking for alternative energy sources as the price of petroleum products rises. The one-wheel electric scooter is powered by electricity, which reduces the vehicle's operating costs. Manufacturers are producing one-wheel electric scooters with longer battery ranges than previous models, which are likely to boost sales. Furthermore, one wheel electric scooters have fewer operating parts, which eliminates one wheel electric scooter maintenance expenditures. The ease of use and affordability of the one-wheel electric scooter are likely to drive market demand over the next five years.
Canada one wheel electric scooter market segmentation is based on type, speed limit, application, distribution channel, company, and regional distribution. Based on type, the market is divided into electric unicycle, and electric one-wheel hoverboard. The electric unicycle segment is expected to boost the market's growth as it is considered the most preferred mode of personal commute and is easier to ride.
Major players in Canada one wheel electric scooter market are 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, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of the Canada one wheel electric scooter market from 2017 to 2021.
- To estimate and forecast the market size of Canada one wheel electric scooter market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the Canada one wheel electric scooter market based on type, speed limit, application, distribution channel, region, and company.
- To identify the dominant region or segment in the Canada one wheel electric scooter market.
- To identify drivers and challenges for the Canada one wheel electric scooter market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Canada one wheel electric scooter market.
- To identify and analyze the profiles of leading players operating in the Canada one wheel electric scooter market.
- To identify key sustainable strategies adopted by market players in Canada one wheel electric scooter market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the Canada one wheel electric scooter market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Canada one wheel electric scooter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Canada One Wheel Electric Scooter Market, By Type:
o Electric Unicycle
o Electric One-Wheel Hoverboard
- Canada One Wheel Electric Scooter Market, By Speed Limit (Km/h):
o 20 Km/h - 30 Km/h
o 30 Km/h - 50 Km/h
o More than 50 Km/h
- Canada One Wheel Electric Scooter Market, By Application:
o Off-Road Activities
o Commuting
- Canada One Wheel Electric Scooter Market, By Distribution Channel:
o Online
o Offline
- Canada One Wheel Electric Scooter Market, By Region:
o Ontario
o Quebec
o The West
o British Columbia
o Atlantic Canada
o The North
Competitive Landscape
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).