Personal Transporter Market

By Product;

Hoverboards, Electric Unicycles, Electric Skateboards, Segways & Personal Transporters and Electric Scooters

By Engine;

Electric, Gasoline & Petrol and Hybrid

By Application;

On-Road and Off-Road

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn375110052 Published Date: September, 2025 Updated Date: November, 2025

Personal Transporter Market Overview

Personal Transporter Market (USD Million)

Personal Transporter Market was valued at USD 1669.37 million in the year 2024. The size of this market is expected to increase to USD 3253.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.


Personal Transporter Market

*Market size in USD million

CAGR 10.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.0 %
Market Size (2024)USD 1669.37 Million
Market Size (2031)USD 3253.13 Million
Market ConcentrationMedium
Report Pages382
1669.37
2024
3253.13
2031

Major Players

  • INMOTION TECHNOLOGIES
  • Segway
  • Honda Motor

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Personal Transporter Market

Fragmented - Highly competitive market without dominant players


The Personal Transporter Market is expanding rapidly as individuals seek convenient, compact, and environmentally friendly mobility options. More than 60% of city commuters are exploring personal transporters for daily travel needs, underscoring their growing importance as alternatives to conventional vehicles.

Increasing Use in Daily Commuting
Demand is rising, with over 55% of consumers adopting transporters such as electric scooters and self-balancing devices for last-mile travel. Their portability, efficiency, and ability to shorten commute times are making them popular choices across multiple lifestyles.

Advances in Smart Mobility
Nearly 45% of manufacturers are focusing on technological enhancements, including GPS tracking, mobile app integration, and improved battery systems. These features expand functionality, extend driving ranges, and deliver greater convenience to users.

Emphasis on Safety and Reliability
Safety continues to drive adoption, with 65% of buyers preferring models with robust designs, braking assistance, and stability features. The combination of performance and safety assurance is fostering wider consumer confidence in personal transporters.

Market Outlook
Looking ahead, the Personal Transporter Market is expected to grow further, with nearly 50% of companies developing lightweight, sustainable, and smart designs. Innovation, eco-conscious preferences, and the shift toward urban mobility solutions will define the next phase of market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Engine
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Personal Transporter Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Environmental concerns
        3. Technological advancements
        4. Rising consumer demand
      2. Restraints
        1. Regulatory challenges
        2. Safety concerns
        3. Limited infrastructure
        4. High initial costs
      3. Opportunities
        1. Technological innovation
        2. Emerging markets
        3. Integration with smart cities
        4. Partnerships and collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Personal Transporter Market, By Product, 2021 - 2031 (USD Million)
      1. Hoverboards
      2. Electric Unicycles
      3. Electric Skateboards
      4. Segways & Personal Transporters
      5. Electric Scooters
    2. Personal Transporter Market, By Engine, 2021 - 2031 (USD Million)
      1. Electric
      2. Gasoline & Petrol
      3. Hybrid
    3. Personal Transporter Market, By Application, 2021 - 2031 (USD Million)
      1. On-Road
      2. Off-Road
    4. Personal Transporter Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
      4. Rest of Asia Pacific
        1. Middle East & Africa
        2. GCC
        3. Israel
        4. South Africa
        5. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Segway
      2. Xiaomi
      3. Ninebot
      4. Razor USA
      5. Hover-1
      6. Gotrax
      7. Meepo
      8. InMotion (Kingsong)
      9. Segway-Ninebot
      10. Boosted
      11. Unagi
      12. Swagtron
      13. Glion
      14. NANROBOT
      15. E-Wheels
  7. Analyst Views
  8. Future Outlook of the Market