The global micro mobility market is expected to reach a market size of USD 290.39 Billion in 2028 and register a double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. Robust revenue growth of the market can be attributed to rapidly increasing range of transportation services and vehicles, including e-bikes, dockless and docked shared bicycles, electric scooters, and electric skateboards. Rising need to reduce traffic congestion in urban areas and reduce reliance on private vehicles and encourage use of public transport is also driving a shift towards micro mobility solutions.

It will not be wrong to say that the Micro Mobility market report talks about customer experience that matters to every business owner planning to leverage the strategic insights for their brand growth. The case studies included in the study further demonstrate how recent innovation, mergers or acquisitions, new launches, research and development etc. have enables prominent leaders to curb toughest issues related to production volumes, demand and supply, supply chain management and more.

Study aims at providing data about key category dynamics such as user awareness and a buyer’s purchase intent, as well as tries to list down the relative influence of certain trends on the demand for a certain product or service.

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Here are the questions we answer…  

What are the future opportunities in store for the vendors operating in the Micro Mobility market?

What does the competitive landscape look like?

Which emerging technologies are believed to impact the Micro Mobility market performance?

What are the key trends and dynamics?

Which regulations that will impact the industry?

Which segment will offer the most opportunity for growth between 2020 and 2027?

Where will most developments take place in the long term?

Who are the most prominent vendors and how much market share do they occupy?

What are the latest technologies or discoveries influencing the Micro Mobility market growth worldwide?

The report segments the Micro Mobility market on the basis of geography, end-user, end-use, product application, type, share, growth rate and size to reveal where the industry will be in the coming years. The researchers assessing the industry have included the details about the recent decisions and events such acquisition and mergers, collaborations, product launch and investments. Important decisions connected with such events come handy for business owners when positioning their brands in the global market and finalizing the marketing strategies.

You Can Download Free Sample PDF Copy of Micro Mobility Market at https://www.emergenresearch.com/request-sample/493

Key Highlights of Report

In June 2019, Bird Rides announced the launch of a new electric micro mobility offering named Bird Cruiser, which is a new seated electric vehicle. The new electric micro mobility offering increases access for a greater number of individuals who want to adopt eco-friendly transportation in place of car trips.

The residential segment accounted for largest market share of 59.4% in 2019. Rapid urbanization and population increase are factors causing an exponential increase in congestion, which is driving demand for micro mobility solutions for use in residential areas.

3-wheeler segment revenue is expected to expand at a rapid CAGR of 19.3% during the forecast period. Better balance offered by 3-wheelers as compared to two-wheeler makes them a more convenient and safer option for covering a longer distance.

Up to 20 Km segment accounted for a significantly high revenue share in the micro mobility market in 2019. Better energy efficiency is a prime feature offered by the travel range of up to 20 km.

Up to 100 Kg segment accounted for a significantly high revenue share in the micro mobility market in 2019. Shifting consumer preference towards more convenient, affordable, lightweight and efficient modes of transportation are factors driving demand for micro mobility solutions with a weight capacity of up to 100 Kg.

North America accounted for largest revenue share contribution to the global micro mobility market in 2019. Stringent government regulations regarding emission levels is a primary factor driving adoption of micro mobility solutions in countries in the region.

Key players in the market include Bird Rides, Inc., Lime Scooter, Micro Mobility Systems Ltd.s, Ofo Inc., Mobike, Motivate International Inc. (Lyft), Pride Mobility Products® Corporation, Golden Technologies, Uber, and Invacare Corporation. 

Application Outlook (Revenue, USD Billion; 2021–2028)

Residential

Commercial

Type Outlook (Revenue, USD Billion; 2021–2028)

2-wheeler

3-wheeler

Others

Travel Range Outlook (Revenue, USD Billion; 2021–2028)

Up To 20 Km

20-40 Km

More than 40 Km

Weight Capacity Outlook (Revenue, USD Billion; 2021–2028)

Up to 100 Kg

100-250 Kg

More than 250 Kg

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Report Objectives

Examine the size of the global Micro Mobility market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Micro Mobility market.Explore the underlying dynamics of the global Micro Mobility market.

Highlight significant trends of the global Micro Mobility market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Micro Mobility market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Micro Mobility market.

Forecast the market size and share of all segments and regions in the global landscape.

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Micro Mobility Market Segmentation & Impact Analysis

Chapter 5. Micro Mobility Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Micro Mobility Market By Sensor Type Insights & Trends Revenue (USD Billion)

Chapter 7. Micro Mobility Market By Network Technology Insights & Trends, Revenue (USD Billion)

Continued…

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