Sandra Taylor01 Jul, 2025Sport
Hoverboard Market: A Fast-Gliding Evolution in Urban Mobility Introduction to the Hoverboard Industry Hoverboards, often synonymous with self-balancing scooters, have transcended from sci-fi fantasy into a tangible urban mobility tool. Initially viewed as a novelty, these futuristic platforms have swiftly found utility among tech-savvy consumers, commuters, and thrill-seekers. What began as a recreational gadget has matured into a versatile micro-mobility solution that caters to a dynamic, convenience-driven world. The hoverboard market represents not just a product category, but a cultural movement reflecting the broader pursuit of smart, efficient, and compact transportation solutions. Market Size and Growth Trajectory The global hoverboard market was valued at approximately $1.5 billion in 2024 and is poised to exceed $2.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.7%.
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