According to Cognitive Market Research, the global Hoverboard Scooters market size was USD 8514.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 3405.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2554.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1958.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 425.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 170.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
The dominant category in the hoverboard scooters market is those with a speed limit of less than 15 km/h. These hoverboards are particularly popular due to their safety, ease of use, and accessibility for a broad audience, including beginners and younger riders
