Hoverboard Market Size, Share & Trends Analysis Report By Type (Single Wheel, Double Wheel), By Wheel Size, By Application (Recreational, Personal Mobility, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2025 - 2030

Hoverboard Market Size & Trends

The global hoverboard market size was estimated at USD 1.62 billion in 2024 and is expected to grow at a CAGR of 6.6% from 2025 to 2030. Hoverboards are widely seen as fun gadgets, especially among younger consumers, offering an exciting and trendy way to engage in outdoor activities. Their use as gifts, particularly during holidays and birthdays, has contributed to their growing popularity. As cities become more congested, individuals are seeking alternatives to cars and public transport for short-distance travel. Hoverboards offer a compact, portable, and emission-free option for navigating sidewalks, campuses, and other pedestrian-friendly zones. This demand is further fueled by a growing awareness of environmental issues and a desire to reduce carbon footprints, making hoverboards an appealing choice for environmentally conscious consumers.

The hoverboard market has witnessed significant traction among younger demographics, particularly teenagers and young adults. This trend is primarily driven by social media influence, viral marketing campaigns, and the perception of hoverboards as a trendy and recreational gadget. The ability to perform tricks, customize the boards with vibrant colors and designs, and share experiences on platforms such as TikTok and Instagram has contributed to the widespread adoption of hoverboards among this age group. Moreover, the increasing availability of affordable and feature-rich models caters to the budget constraints of younger consumers, further driving demand.

The hoverboard industry is characterized by continuous technological advancements and product innovation, catering to evolving consumer preferences. Manufacturers are focusing on improving battery life, motor power, and safety features to enhance the overall riding experience. The integration of smart features such as Bluetooth connectivity, mobile app control, and self-balancing technology has also gained popularity among tech-savvy consumers. Furthermore, the development of ruggedized models with enhanced durability and off-road capabilities is expanding the market's potential for outdoor enthusiasts and adventure seekers.

Online platforms offer a wide selection of hoverboard models, brands, and accessories at competitive prices, making them easily accessible to consumers worldwide. The convenience of online shopping, coupled with detailed product descriptions, customer reviews, and secure payment options, has encouraged consumers to purchase hoverboards through online channels. Moreover, manufacturers are increasingly leveraging online marketing strategies, such as social media advertising and influencer collaborations, to reach a wider audience and drive sales.

Type Insights

Double-wheel hoverboard accounted for a share of 67.13% of the global revenue in 2024. Double-wheel hoverboards are better equipped to handle a range of surfaces, from smooth indoor flooring to rough outdoor terrains such as gravel or grass. This versatility makes them appealing to users who want a multi-functional device for both recreation and commuting. Many double-wheel hoverboards come with advanced technological features such as Bluetooth connectivity, integrated speakers, and mobile app controls. These features enhance user experience, making them attractive to tech-savvy consumers who value both entertainment and convenience.

Single-wheel hoverboard is expected to grow at a CAGR of 7.2% from 2025 to 2030. Single-wheel hoverboards are typically lighter and more compact than their two-wheel counterparts, making them easier to carry and store. This portability appeals to urban commuters who need a lightweight device for last-mile transport or casual use. The single-wheel design provides a different balance challenge, appealing to more experienced riders seeking a thrilling, surf-like, or skateboard-like experience. This novelty factor is attracting consumers looking for something more adventurous than traditional hoverboards.

Wheel Size Insights

6.5-inch hoverboard accounted for a revenue share of 62.81% of the global revenue in 2024. The 6.5-inch wheel size provides a smooth and stable ride, making it ideal for beginners or those using the hoverboard primarily on flat surfaces such as sidewalks and indoor spaces. Its smaller size offers good control for first-time users, especially younger riders. Due to their smaller wheel size, 6.5-inch hoverboards are lightweight and compact, making them easy to carry around. This appeals to urban users or students who need a portable device that can be stored or transported with ease.

8-inch hoverboard is expected to grow at a CAGR of 7.2% from 2025 to 2030. The 8-inch wheel size provides a smoother ride over uneven surfaces, such as cracked pavements, grass, or gravel, compared to smaller models. This enhanced comfort appeals to users who need a hoverboard capable of handling both indoor and outdoor environments more effectively. With larger wheels, 8-inch hoverboards have better ground clearance, making it easier to navigate small obstacles like curbs or bumps. This feature increases their practicality for urban commuting, where riders may encounter uneven terrain regularly.

Distribution Channel Insights

The sales of hoverboards through offline channels accounted for a revenue share of 62.82% of the global revenue in 2024. Many consumers prefer to physically test hoverboards before purchasing to assess their quality, stability, and comfort. Offline retail locations provide the opportunity to try out different models, which can help build confidence in the purchase decision. In-store shopping allows for direct interaction with knowledgeable sales staff who can provide personalized recommendations and answer questions. This level of customer service can enhance the buying experience and help consumers feel more informed and supported in their choices.

The sales of hoverboards through online channels are expected to grow at a CAGR of 7.5% from 2025 to 2030. Online shopping offers consumers the convenience of browsing and purchasing from the comfort of their homes. This is especially appealing for larger items such as hoverboards, allowing customers to avoid the hassle of going to physical stores and carrying their purchases. E-commerce platforms provide access to a wider variety of hoverboards from different brands and manufacturers. Consumers can easily compare prices, features, and reviews across multiple sites, often finding better deals and discounts than they might in brick-and-mortar stores.

Application Insights

Recreational hoverboards accounted for a revenue share of 53.18% of the global revenue in 2024. As more people adopt health-conscious and active lifestyles, hoverboards are becoming a popular choice for outdoor recreational activities. They offer a fun and engaging way to stay active while enjoying outdoor spaces, which appeals to both children and adults looking for alternatives to traditional sports or fitness activities. Modern hoverboards come equipped with advanced features such as Bluetooth speakers, LED lights, and app connectivity, making them more attractive for recreational purposes. These features enhance the overall user experience, allowing riders to combine fun, music, and technology, which has further fueled their popularity for leisure activities.

Commercial hoverboards are expected to grow at a CAGR of 6.7% from 2025 to 2030. Hoverboards are being increasingly adopted in commercial settings such as warehouses and logistics centers. They offer a fast and efficient way for workers to move around large facilities, increasing productivity by reducing time spent walking between tasks. The convenience of personal mobility in these environments is driving their demand for commercial use. Businesses are using hoverboards as part of their marketing strategies to attract attention at events, trade shows, and promotional campaigns. The futuristic appeal of hoverboards makes them a great tool for brand activations and live demonstrations, driving their use in commercial environments.

Regional Insights

The hoverboard market in North America is expected to grow at a CAGR of 6.2% from 2025 to 2030. Hoverboards have gained significant traction among younger demographics, including teenagers and young adults, who are attracted to their novelty and trendiness. Social media platforms such as TikTok and Instagram have popularized hoverboarding, with influencers showcasing tricks and creative uses, driving interest and demand. Recent advancements in hoverboard technology have enhanced their performance, safety, and user experience. Improvements in battery life, charging times, and overall durability make them more appealing to consumers. In addition, features such as Bluetooth connectivity and mobile apps for tracking speed and distance further attract tech-savvy users.

U.S. Hoverboard Market Trends

The hoverboard market in the U.S. is facing intense competition due to innovation in hoverboard varieties. As urban areas become more congested, hoverboards offer a practical alternative for short-distance commuting. They are seen as a sustainable mode of transportation that can help reduce carbon footprints, appealing to environmentally conscious consumers looking for green transportation options.

Europe Hoverboard Market Trends

The hoverboard market in Europe accounted for a revenue share of 24.15% of the global revenue in 2024. With many European cities facing challenges related to traffic congestion and pollution, hoverboards provide an innovative and efficient means of transportation for short distances. As cities promote sustainable mobility options, hoverboards are viewed as a practical alternative for urban commuting. Many European countries are implementing regulations and infrastructure that support the use of electric scooters and hoverboards. This includes dedicated lanes and parking spaces, which enhance safety and convenience, making hoverboarding a more viable option for commuters.

Asia Pacific Hoverboard Market Trends

The hoverboard market in Asia Pacific dominated the hoverboard market with a share of 34.99% in 2024 and is expected to grow at a CAGR of 7.3% from 2025 to 2030. The Asia Pacific region is experiencing significant urbanization, with many cities growing rapidly. This urban environment creates a need for efficient and compact modes of transportation. Hoverboards offer a convenient solution for short-distance travel, helping to alleviate traffic congestion and making commuting easier for city dwellers. Advances in battery technology and design have led to improved performance, safety, and affordability of hoverboards. Enhanced features, such as longer battery life, faster charging, and better stability, have made hoverboards more appealing to consumers looking for reliable personal mobility devices.

Key Hoverboard Company Insights

The hoverboard market is characterized by dynamic competitive dynamics shaped by a combination of factors, including product innovation, regional production capabilities, and evolving consumer preferences. Leading manufacturers invest in R&D and technological advancements to provide cost-effective, quality products.

Market players are entering into joint ventures, partnerships, mergers, agreements, and acquisitions to strengthen their market position and expand their geographical reach. Companies are also focusing on raising consumer awareness of the ambiguity of the ingredients used while strictly adhering to international regulatory standards.

Recent Developments

In April 2023, Lexus launched an innovative partnership to introduce a unique NFT associated with its hoverboard as part of its broader marketing strategy. This initiative is designed to engage both existing customers and new audiences by integrating digital assets into their brand experience.

Hoverboard Market Report Scope

Global Hoverboard Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global hoverboard market report based on type, wheel size, application, distribution channel, and region:

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Single Wheel

  • Double Wheel

• Wheel Size Outlook (Revenue, USD Million, 2018 - 2030)

  • 6.5 Inches

  • 8 Inches

  • 10 Inches and Above

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Recreational

  • Personal Mobility

  • Commercial

  • Others

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online

  • Offline

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • France

    • Germany

    • Spain

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia & New Zealand

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa