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Global Balancing Scooter Market for Law Enforcement and Security 2017- 2021

Global Balancing Scooter Market for Law Enforcement and Security 2017- 2021

Published: Mar 2017 70 Pages SKU: IRTNTR12145

Global balancing scooter market for law enforcement and security industry analysis

Technavio’s security market analysis predicts the global balancing scooter market for law enforcement and security to project a gross revenue of USD 136.6 million by 2021. One of the major factors responsible for the growth of this market is the growing use of these scooters for police patrolling. Balancing scooter provide policemen with enhanced agility, visibility, and faster mobility. Moreover, they are cost-effective and environment-friendly when compared with cars or motorbikes. These scooters are extremely helpful for criminal pursuit, prevention of crimes/illegal activities, and for patrolling activities. Moreover, these scooters have an option for the installation of a digital camera, which would further enhance the vigilance of policemen and security personnel. These advantages of the balancing scooters have created a significant demand for these scooters in law enforcement and security across the globe, consequently this will propel the global balancing scooter market during the forecast period.

The development of three-wheeled patrollers is one of the latest balancing scooter market for law enforcement and security trends gaining traction in this market. After facing some challenging issues with the two-wheeled balancing scooters, a three-wheeled scooter was developed. These vehicles are equipped with emergency lights, siren, and an LED headlight. It also has a display screen aboard the scooter that shows the battery life and the speed of the vehicle.  Also, the scooter includes safety features such as anti-rollover technology, which prevents the vehicle from skidding, when a rider is not in control of the vehicle. Moreover, the ability to attach additional equipment such as video surveillance cameras will drive the demand for these scooters, which in turn, will propel growth for the global balancing scooter market in the coming years.

 

 

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Technavio's industry research report on the global balancing scooter market for law enforcement and security 2017-2021 will help you-

  • Identify latent opportunities and explorative solutions in the balancing scooter market
  • Identify your key competition, and what's making them tick?
  • Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors

The global balancing scooter market for law enforcement and security is characterized by the presence of several global, regional, and local vendors. The market is highly competitive with all the players competing to gain the maximum market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are the key factors that confront the market growth for these vendors.

Leading vendors in the market are –

  • Dongguan Jinlu Electronic Technology
  • Ninebot
  • Robstep
  • Shenzhen Geteer Electric

Other prominent vendors in the balancing scooter market include Hangzhou Chic Intelligent Technology, HoverTech, MonoRover, Razor USA, and Vecaro Lifestyle.

Segmentation by end-user and analysis of the balancing scooter market for law enforcement and security

  • Balancing scooters for police officers
  • Balancing scooters for special forces

During 2016, the balancing scooters for police officers dominated the balancing scooter market for law enforcement and security and accounted for a major part of the overall market share. The increase in security threats globally has compelled several governments to implement better security measures for the protection of the people. This has contributed significantly to the domination of this segment in the global market.

Geographical segmentation and analysis of the balancing scooter market for law enforcement and security

  • Americas
  • APAC
  • EMEA

In this market study, analysts have estimated the Americas to dominate the balancing scooter market for law enforcement and security during the forecast period. High budget allocation for law enforcement and security in countries like the US and Canada is the major factor responsible for the growth of this market in the region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global balancing scooter market for law enforcement and security?
  • What are the key market trends impacting the growth of the global balancing scooter market for law enforcement and security?
  • What are the challenges to market growth?
  • Who are the key vendors in the global balancing scooter market for law enforcement and security?
  • What are the market opportunities and threats faced by the vendors in the global balancing scooter market for law enforcement and security?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global balancing scooter market for law enforcement and security?

Technavio also offers customization on reports based on specific client requirement.

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

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The market is expected to grow at a CAGR of %.

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are a few of the key vendors in the market.

will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.

  • is the driving factor this market.

The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.