Micromobility Market Overview:
Micromobility Market size was valued at US$ 52.39 Billion in 2023 and the total Micromobility Market revenue is expected to grow at 17.5% through 2024 to 2030, reaching nearly US$ 162.00 Billion.
The study is based on thorough research, qualitative and quantitative assessment by industry experts, and inputs from professionals in the field and supply chain players. The research examines parent market trends, macroeconomic data, and controlling variables in-depth, as well as market attractiveness by segment. The qualitative influence of key market variables on market segments and regions is also mapped out in the study.
Market Scope:
This Micromobility market review examines the latest developments, regulatory frameworks, trade analysis, business model, supply chain utilization, market dominance, the impact of residential and localized market participants, assessments possibilities in terms of evolving revenue spots, shifts in market regulations, tactical industry growth analysis, sales volume, categorical market growth, implementation niches and dominance, product releases, global coverage, and, product launches. Contact Stellar Market Research for an Analyst Brief to learn more about the Micromobility market. Our staff will assist you in making an educated market decision to achieve market growth.
Take a closer look: Free sample report inside@https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
Segmentation:
by Vehicle Type
Skateboards
Hover board
Low Speed EVs
Segway
Mopeds and Scooters
E-kick scooters
Bicycles
The micromobility market is segmented into three categories based on vehicle type: electric kick scooters, electric skateboards, and electric bicycles. With over 85% of worldwide sales in 2023, the electric bicycle sector led the market. Since it is the most affordable and practical substitute for public transportation, the segment is anticipated to grow at a rate of more than 14.3% CAGR during the projection period. In order to lessen the strain on public transportation, some nations are attempting to promote the use of electric bicycles through changes to regulations and subsidies. Additionally, electric bicycles are less expensive, easier to charge, and require less infrastructure support than other forms of transportation like buses and taxis. Consequently, there is a rise in the market for electric bicycles.
Over the course of the forecast period, the electric scooter category is anticipated to have the second-highest CAGR of 10.3%. Because major companies in the shared electric scooter market made significant investments when the industry was still in its early stages of transition, demand for these scooters has grown since 2017. Due to the introduction of international businesses that operate in the on-demand transportation sector, like Uber Technologies, Inc., Bird, Inc., Lyft, and Lime, the scooter sharing market is currently seeing rapid development.
by Battery Type
Sealed Lead Acid
NiMH
Li-ion
By Sharing Type
Dockless
Docked
Key Players:
To extend their presence in emerging nations and eventually broaden their client base, the key players in the market are embracing different growth tactics such as agreements and strategic alliances, as well as new product debuts. The following are some of the major participants in the Micromobility market:
Yadea Technology Group Co., Ltd. (China)
JIANGSU XINRI E-VEHICLE CO., LTD. (China)
Xiaomi (China)
SEGWAY INC. (USA)
SWAGTRON (USA)
Boosted USA (USA)
Airwheel Holding Limited (USA)
YAMAHA MOTOR CO., LTD. (Japan)
Accell Group (Netherlands)
Derby Cycle (Germany)
Beam Mobility Holdings PTE. Ltd (Singapore)
Bird Rides (USA)
DOTT (Netherlands)
Electricfeel (Switzerland)
Floatility GmbH (Germany)
Lime (USA)
Neuron
VOI
Yulu Bikes Pvt. Ltd (China)
Discover the details within: Explore our sample PDF@https://www.stellarmr.com/report/req_sample/Micromobility-Market/495
Regional Analysis:
Individual market affecting elements and changes in market legislation that affect present and future marketing strategies are also discussed in the country-focused discussion of the Micromobility market study. Some of the primary elements utilized to anticipate the market situation for particular nations are consumer volumes, processing facilities, and inventories, shipping analysis, price predictive modeling, price of raw materials, and upstream and downstream value chain analysis. While offering forecast analysis of the national data, the existence and affordability of global brands, as well as the obstacles they face due to significant or limited rivalry from local and domestic manufacturers, the influence of local tariffs, and shipping lanes are all taken into account.
COVID-19 Impact Analysis on Micromobility Market:
The COVID-19 outbreak resulted in a severe and prolonged decline in production efficiency, while travel bans and factory closures kept people away from their businesses, leading the Micromobility market to slow . The new research features pandemic's impact on the Micromobility market, as well as observations, research, estimations, and projections. The Stellar Micromobility Market Research study contains an in-depth examination of customer behavior in the aftermath of the virus, as well as its influence on the Micromobility market's outlook, classification, trends, and economic constraints.
Key Questions Answered in the Micromobility Market Report are:
- What are the drivers motivating overall Micromobility market advancement in the upcoming period?
- What revenue potential is estimated from the Micromobility market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Micromobility market in the approaching period?
- Who are the significant contenders functioning in the Micromobility market?
- Which region is leading the global Micromobility market share at the end of the forecast period?
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
Contact Stellar Market Research
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud,
Pune, Maharashtra, 411029
+91 20 6630 3320 +91 9607365656
