Hoverboard Market Outlook:
Hoverboard Market size was valued at USD 2.1 billion in 2025 and is expected to reach USD 3.83 billion by 2035, registering around 6.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of hoverboard is evaluated at USD 2.22 billion.
A gradual shift toward sustainable mobility is driving the adoption of hoverboards. Consumers are becoming aware of the value of urban mobility systems that are sustainable, equitable, and accessible. As per a June 2023 report by the Eno Center for Transportation, about two-thirds of U.S. states have preempted local governments to minimize the use of fuel-powered vehicles by regulating the local transportation network companies (TNCs). This is aimed at promoting shared vehicles and EVs. Electric-powered mobility solutions are cost-effective. In 2023, the European Parliament stated that about 61% of EU transport emissions are credited to passenger cars. Ongoing measures to promote the adoption of EVs are projected to create opportunities for the market during the forecast period.
