Global Micro-mobility Market Report added at Market Study Report offers industry size, share, growth, trends and forecast analysis up to 2027. Micro-mobility Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Micro-mobility market and provides information regarding the revenue for the period 2021 to 2027.

Micro-mobility refers to a range of small, lightweight vehicles operating at a speed of not more than 15 miles per hour (25 km/h) and considered ideal for commuting within 10 km range. Rising awareness about carbon emissions from fossil fuels vehicles and environment degradation is growing the trend of micro-mobility vehicles.

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Additionally, growing preference for micro mobility shared trips and rising charging infrastructure for micro mobility vehicles. For instance, according to National Association of City Transportation Officials, number of micro mobility shared trips in United States has increased from 28 million in 2016 to 84 million in 2018. Also, in 2019, Charge announced its plan to construct charging and storage stations at 6,000 locations, in accordance with expanding its network of charging, storage and service stations for e-bikes and electric scooter across the US and Europe.

Furthermore, government initiatives to increase the adoption of clean-energy vehicles and new product launches by market players are expected to increase the demand for micro-mobility market during the forecast period. In April 2021, Electric Assisted Vehicles (EAV) Limited launched EAV2Charge, a new ultra-lightweight commercial vehicle. The launch is aimed to enable e-scooter companies to achieve a more sustainable approach to their operations. However, lack of public awareness and strategic framework for micro-mobility vehicles and insufficient charging infrastructure in developing countries are expected to hinder the growth during forecast period.

Major market player included in this report are:             

  • Yadea Technology Group Co., Ltd
  • Boosted USA
  • Airwheel Holding Limited
  • Accell Group
  • Derby Cycle
  • Xiaomi
  • Yellow Scooters
  • Bird Rides, Inc.
  • Lime Scooter

Asia Pacific is leading the world market among Asia Pacific, North America, Europe, Latin America, and Rest of the World, due to growing urbanization in the region leading to congested roads and growth of micro-mobility vehicles as cheaper and faster alternative to traditional vehicles. Whereas, North America is expected to grow at the fastest pace during forecast period, owing to rapid spread of charging infrastructure and rising awareness about eco-friendly mobilization.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

  • Electric Kick Scooters
  • Electric Skateboards
  • Electric Bicycle

By Battery:

  • Sealed Lead Acid
  • NiMH
  • Li-Ion

By Voltage:

  • Below 24V
  • 36V
  • 48V
  • Greater than 48V

Global Micro-mobility Market: regional analysis

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Micro-mobility market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.

Furthermore, years considered for the study are as follows:

  • Historical year – 2018, 2019
  • Base year – 2020
  • Forecast period – 2021 to 2027.

Some of the major questions addressed in the report are:

  • What are the crucial factors driving the market?
  • What shall be the expected growth acceleration and rate of the market during the forecasted timeframe?
  • What was the market size value of the Micro-mobility in 2020?
  • What shall be the Micro-mobility Market size by 2027?
  • Which region shall account for the largest market share of the Micro-mobility Industry?
  • What are the market threats and opportunities considered by the vendors in the Micro-mobility Market?

Questions? Get them answered via before taking a buying decision on Micro-mobility Market Report

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