Press Release

Canada One Wheel Electric Scooter Market to be dominated by Electric Unicycle through 2027

Emergence of online sales channel and growing environmental concerns among consumers are expected to drive the demand of Canada one wheel electric scooter market in the forecast period, 2023-2027.

According to TechSci Research report, Canada One Wheel Electric Scooter Market By Type (Electric Unicycle, and Electric One-Wheel Hoverboard), By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h), By Application (Off-Road Activities, and Commuting), By Distribution Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2027, the Canada one wheel electric scooter market is anticipated to grow at a rate of steady CAGR for the forecast period, 2023-2027. One wheel electric scooter are used for personal commute and are driven by one wheel, which is powered by electrical energy. They have a self-balancing system that majorly operates through software applications to track down the performance index. The high portability of one wheel electric scooters as compared to other personal mobility solutions coupled with rapid urbanization and local commute requirements are accelerating the demand for one wheel electric scooters among the consumers. Increased demand for personal commute solutions to reach the desired location in the densely populated city makes consumers invest in portable mobility solutions. The one wheel electric scooters can be folded and carried easily.

However, one wheel electric scooters offer low operational market safety compared to other personal commute solutions, which may restrain the market growth in the forecast period.

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The Canada one wheel electric scooter market is segmented into type, speed limit, application, distribution channel, company, and regional distribution.

Based on type, the market is divided into electric unicycle, and electric one-wheel hoverboard. The electric unicycle segment is projected to hold the prominent market share over the next years as they are the most preferred mode of personal commute and are comfortable to ride. A single charge can provide the energy to travel a range of 10kms across the city. Electric unicycle is highly preferred among consumers as they are highly convenient and the most economical mode of personal commute for short-distance travel.

Based on the speed limit, the market is divided into 20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and more than 50 Km/h. 30 Km/h - 50 Km/h segment is expected to dominate the market for the next five years. Market players are making efforts to equip the one wheel electric scooter with LEDs to facilitate safe traveling at night and develop batteries with higher capacity that can support long-distance traveling. The launch of advanced one wheel electric scooter in the market is expected to fuel the segment growth for the next five years.

Based on application, the market is divided into off-road activities and commuting. Off-road activities are expected to witness the fastest incremental growth in the forecast period. Consumers use one wheel electric scooter for recreational activities due to their trendy look and fun ride experience, and they can be connected with smart devices. Also, the growing disposable income of the consumers enables them to invest in a quality lifestyle that is expected to fuel the segment demand.

Based on the distribution channel, the market is bifurcated into online and offline. The offline segment is expected to capture the highest market share in the forecast period. Offline stores are witnessing massive demand as consumers prefer to buy the products physically rather than shopping online. Market players also keep employees in the stores to explain the queries and make the shopping experience more pleasurable for the consumers.

Major market players operating in the Canada one wheel electric scooter market are :

·         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

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“Market players are expected to invest in research and development activities to find innovative solutions such as Internet of Things (IoT), Wi-fi, and Bluetooth technology to improve the efficiency and performance of one wheel electric scooter. Riders can get real-time information by using the smart device and make informed decisions to improve maneuverability and track repair operations, thereby enhancing riders' overall experience. Also, the rise in adoption of one wheel electric scooters among the millennials for local commute operations, along with the government support to promote small electric vehicles is expected to propel the Canada one wheel electric scooter market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Canada One Wheel Electric Scooter Market By Type (Electric Unicycle, and Electric One-Wheel Hoverboard), By Speed Limit (Km/h) (20 Km/h - 30 Km/h, 30 Km/h - 50 Km/h, and More than 50 Km/h), By Application (Off-Road Activities, and Commuting), By Distribution Channel (Online, Offline), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Canada one wheel electric scooter market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Canada one wheel electric scooter market.


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