The single-wheeled electric scooter market are expected to boost in the coming years

A single-wheeled electric scooter is a self-balancing sport or leisure vehicle that is also used for personal commuting.It consists of a powerful in-wheel motor and big tire to get the torque needed for movement, powered by electricity.The electric scooter is combined with a software application to track the performance of the vehicle.Single-wheeled electric scooters are highly cost-effective and environmentally friendly compared to traditionally used vehicles.Therefore, they are widely used for long-distance travel, daily commuting, off-road activities, etc., because they are faster and can move long distances on a single charge.

The growing demand for electric vehicles (EVs) from individuals has primarily driven the single-wheeled electric scooter market.In addition to this, growing environmental awareness and shifting consumer preferences towards adopting green mobility solutions are further driving the market growth.

In addition to this, increasing technological advancements such as the integration of Internet of Things (IoT) solutions to provide improved operability and tracking of maintenance operations are also catalyzing the global market.Additionally, increasing product utilization to meet local commuting needs, especially among millennials, is emerging as another important growth inducer.

In addition, favorable policies introduced by government agencies to support the manufacture and adoption of small electric vehicles are expected to boost the single-wheeled electric scooter market in the coming years.