In past few years, the use of personal transport products and its integration with electricity is transforming the automotive industry. Similarly, electric unicycles are picking up the steam across the globe. An electric unicycle consists of single wheel. Self-balancing in electric unicycle is achieved with the help of gyroscope and accelerometer. The electric unicycle is composed of electric motor, rechargeable battery, motherboard with a driver and gyroscope. Moreover, the electric unicycle is driven with the help of electric motor rather than the human interaction. The versatility to drive on any surface and its compact size is anticipated to grow the market.
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Key Market Players
- Gotway
- InMotion
- KingSong
- Hoverclub
- Ninebot
- Swagtron
- Solowheel
- Airwheel
- MonoRover
- IPS.
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COVID-19 scenario analysis:
- The novel coronavirus is possessing a burgeoning threat on economies. Besides the shutdown of industries has impacted in revenue generation and recession.
- However, due to the impact of COVID-19 and the implication of strict physical distancing norms will anticipate considerable decrease in use of public transport.
- Also, with economic activity slowing down, impacting buying power of consumers, demand will shift towards lower priced or smaller vehicles in personal mobility space
- This shift will gravitate consumers to procure electric unicycle market for commuting in certain countries.
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Key benefits of the report:
- This study presents the analytical depiction of the electric unicycle industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the electric unicycle market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the electric unicycle market research report:
- What are the leading market players active in the Electric unicycle market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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