Canada One Wheel Electric Scooter Markets, Analysis, Competition, Forecast & Opportunities, 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Canada One Wheel Electric Scooter Market By Type, By Speed Limit, By Application, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

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.

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.

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.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Canada one wheel electric scooter market.

• 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

Report Scope:

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022E
• Forecast Period: 2023F-2027F

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

For more information about this report visit https://www.researchandmarkets.com/r/h9rksl