| Product Code: ETC10393277 | Publication Date: Apr 2025 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Armenia self-balancing mobility market experienced a significant decline in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -34.07%. In 2023-2024, there was a year-on-year growth rate of -10.53%, contributing to the overall downward trend during the period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Self-Balancing Mobility Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Self-Balancing Mobility Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Self-Balancing Mobility Market - Industry Life Cycle |
3.4 Armenia Self-Balancing Mobility Market - Porter's Five Forces |
3.5 Armenia Self-Balancing Mobility Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Self-Balancing Mobility Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Armenia Self-Balancing Mobility Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Armenia Self-Balancing Mobility Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Self-Balancing Mobility Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization leading to higher demand for efficient and compact personal transportation solutions |
4.2.2 Growing focus on sustainable mobility solutions and reducing carbon footprint |
4.2.3 Rising trend of incorporating smart technologies in personal transportation devices |
4.3 Market Restraints |
4.3.1 High initial cost of self-balancing mobility products limiting widespread adoption |
4.3.2 Lack of awareness and understanding about the benefits and functionalities of self-balancing mobility devices |
4.3.3 Regulatory challenges and restrictions on the use of self-balancing mobility products in certain areas |
5 Armenia Self-Balancing Mobility Market Trends |
6 Armenia Self-Balancing Mobility Market, By Types |
6.1 Armenia Self-Balancing Mobility Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Self-Balancing Mobility Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Armenia Self-Balancing Mobility Market Revenues & Volume, By Hoverboards, 2021 - 2031F |
6.1.4 Armenia Self-Balancing Mobility Market Revenues & Volume, By Self-Balancing Scooters, 2021 - 2031F |
6.1.5 Armenia Self-Balancing Mobility Market Revenues & Volume, By Self-Balancing Wheelchairs, 2021 - 2031F |
6.1.6 Armenia Self-Balancing Mobility Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Armenia Self-Balancing Mobility Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Armenia Self-Balancing Mobility Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.3 Armenia Self-Balancing Mobility Market Revenues & Volume, By Battery, 2021 - 2031F |
6.2.4 Armenia Self-Balancing Mobility Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2.5 Armenia Self-Balancing Mobility Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Armenia Self-Balancing Mobility Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Self-Balancing Mobility Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.3.3 Armenia Self-Balancing Mobility Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Armenia Self-Balancing Mobility Market Revenues & Volume, By Healthcare Facilities, 2021 - 2031F |
6.3.5 Armenia Self-Balancing Mobility Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Armenia Self-Balancing Mobility Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Armenia Self-Balancing Mobility Market Revenues & Volume, By Personal Transport, 2021 - 2031F |
6.4.3 Armenia Self-Balancing Mobility Market Revenues & Volume, By Last-Mile Delivery, 2021 - 2031F |
6.4.4 Armenia Self-Balancing Mobility Market Revenues & Volume, By Patient Mobility, 2021 - 2031F |
6.4.5 Armenia Self-Balancing Mobility Market Revenues & Volume, By Others, 2021 - 2031F |
7 Armenia Self-Balancing Mobility Market Import-Export Trade Statistics |
7.1 Armenia Self-Balancing Mobility Market Export to Major Countries |
7.2 Armenia Self-Balancing Mobility Market Imports from Major Countries |
8 Armenia Self-Balancing Mobility Market Key Performance Indicators |
8.1 Average daily usage time per self-balancing mobility device |
8.2 Percentage of users who have shifted from traditional transportation modes to self-balancing mobility devices |
8.3 Number of new product innovations and technological advancements in the self-balancing mobility market |
9 Armenia Self-Balancing Mobility Market - Opportunity Assessment |
9.1 Armenia Self-Balancing Mobility Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Self-Balancing Mobility Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Armenia Self-Balancing Mobility Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Armenia Self-Balancing Mobility Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Self-Balancing Mobility Market - Competitive Landscape |
10.1 Armenia Self-Balancing Mobility Market Revenue Share, By Companies, 2024 |
10.2 Armenia Self-Balancing Mobility Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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