Is an electric skateboard a good investment?

With an electric skateboard, you can get to where you need to be quickly and affordably. While normal non-electric skateboards and longboards will make you sweaty for work or class, an electric skateboard will give you a nice relaxing ride without exerting too much effort. Electric skateboarding is only getting bigger.

How big is the electric skateboard market?

About Electric Skateboard Market:- The Electric Skateboard market revenue was Million USD in 2016, grew to Million USD in 2020, and will reach Million USD in 2026, with a CAGR of during 2020-2026.

Why are electric skateboards bad?

Ankle and knee injuries Head injuries, including concussions (these are the greatest danger to electric skateboarders) these injuries, can lead to layovers in a hospital, permanent impairment, and — in extreme cases — even death. Ankle and knee injuries are also quite common.

Is the skateboarding industry growing?

The global skateboard market is expected to grow at a compound annual growth rate of 3.1\% from 2019 to 2025 to reach USD 2.38 billion by 2025. Which segment accounted for the largest skateboard market share? b. North America dominated the skateboard market with a share of 31.5\% in 2019.

Should I get an electric skateboard or bike?

Experts generally agree that bikes offer a more durable ride. Electric skateboards can sometimes get caught on cracks, grates or rocks that could throw the rider off. Bikes tend to go right over those obstacles. Although, be careful of grates or crevices where thin bike wheels can get stuck in.

How many people have died on electric skateboards?

The count of ER visits attributable to e-scooters rose to 27,700 in 2019 up from nearly 15,000 the year before, CPSC found. A total of 27 fatalities during the three-year period involved e-scooter accidents.

How safe is an electric skateboard?

Yes, if done correctly, electric skateboarding is a safe and fun practice for both adults and kids. It’s when you start to go reckless and not wear the proper safety gear that creates a dangerous environment for both you and others.

Are skateboard companies profitable?

Skate shop owners report a profit ranging from $30,000 to upwards of $200,000 annually.

Is skateboarding a trend?

Skateboarding was already on the rise and would spike when the 2020 Olympic games were due. However, its recent spike in popularity has to do with the pandemic, skateboarding popularity skyrocketed the moment we went into lock-down.

Are electric skateboards legal in the UK 2021?

The law states that the purchase and the ownership of e-scooters and e-skateboards is lawful in the UK. However, whist they are freely available to buy, their use is extremely restricted and is essentially limited to private land with the landowner’s permission.

How fast can electric skateboard go?

The average speed of electric skateboards range from 18-28 mph. There are boards that can achieve around 40mph available, but these are for super experienced riders and so in the interest of safety are not included in our round-up. For most people, around 22 mph to 25 mph on a skateboard is easily fast enough.