Micro Mobility Market Research Report - Global Forecast till 2027

Micro-Mobility Market Research Report: By Weight Capacity (Up to 100 kg, 100–250 kg, Above 250 kg), By Travel Range (Up to 20 km, 20–40 km, Above 40 km), By Type (2-wheeler, 3-wheeler, Others) and By Application (Commercial, Residential) ; Forecast to 2030

ID: MRFR/AM/6843-HCR | February 2021 | Region: Global | 111 Pages         

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Suppliers

3.1.3. Threat of Substitutes

3.1.4. Bargaining Power of Buyers

3.1.5. Rivalry

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Micro Mobility Market, by Weight Capacity

5.1. Introduction

5.2. Up to 100 kg

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast, by Region, 2020-2027

5.3. 100–250 kg

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast, by Region, 2020-2027

5.4. More than 250 kg

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast, by Region, 2020-2027

6. Global Micro Mobility Market, by Travel Range

6.1. Introduction

6.2. Up to 20 km

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast, by Region, 2020-2027

6.3. 20–40 km

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast, by Region, 2020-2027

6.4. More than 40 km

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast, by Region, 2020-2027

7. Global Micro Mobility Market, by Type

7.1. Introduction

7.2. 2-Wheeler

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, by Region, 2020-2027

7.3. 3-Wheeler

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, by Region, 2020-2027

7.4. Others

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast, by Region, 2020-2027

8. Global Micro Mobility Market, by Application

8.1. Introduction

8.2. Commercial

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, by Region, 2020-2027

8.3. Residential

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast, by Region, 2020-2027

9. Global Micro Mobility Market, by Region

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, by Country, 2020-2027

9.2.2. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.2.3. Market Estimates & Forecast, by Travel Range, 2020-2027

9.2.4. Market Estimates & Forecast, by Type, 2020-2027

9.2.5. Market Estimates & Forecast, by Application, 2020-2027

9.2.6. US

9.2.6.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.2.6.2. Market Estimates & Forecast, by Type, 2020-2027

9.2.6.3. Market Estimates & Forecast, by Travel Range, 2020-2027

9.2.6.4. Market Estimates & Forecast, by Application, 2020-2027

9.2.7. Canada

9.2.7.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.2.7.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.2.7.3. Market Estimates & Forecast, by Type, 2020-2027

9.2.7.4. Market Estimates & Forecast, by Application, 2020-2027

9.3. Europe

9.3.1. Market Estimates & Forecast, by Country, 2020-2027

9.3.2. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.3. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.4. Market Estimates & Forecast, by Type, 2020-2027

9.3.5. Market Estimates & Forecast, by Application, 2020-2027

9.3.6. UK

9.3.6.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.6.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.6.3. Market Estimates & Forecast, by Type, 2020-2027

9.3.6.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.6.5.

9.3.7. Germany

9.3.7.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.7.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.7.3. Market Estimates & Forecast, by Type, 2020-2027

9.3.7.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.8. France

9.3.8.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.8.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.8.3. Market Estimates & Forecast, by Type, 2020-2027

9.3.8.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.9. Italy

9.3.9.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.9.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.9.3. Market Estimates & Forecast, by Type, 2020-2027

9.3.9.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.10. Rest of Europe

9.3.10.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.3.10.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.3.10.3. Market Estimates & Forecast, by Type, 2020-2027

9.3.10.4. Market Estimates & Forecast, by Application, 2020-2027

9.3.10.5.

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, by Country, 2020-2027

9.4.2. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.4.3. Market Estimates & Forecast, by Travel Range, 2020-2027

9.4.4. Market Estimates & Forecast, by Type, 2020-2027

9.4.5. Market Estimates & Forecast, by Application, 2020-2027

9.4.6. China

9.4.6.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.4.6.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.4.6.3. Market Estimates & Forecast, by Type, 2020-2027

9.4.6.4. Market Estimates & Forecast, by Application, 2020-2027

9.4.7. Japan

9.4.7.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.4.7.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.4.7.3. Market Estimates & Forecast, by Type, 2020-2027

9.4.7.4. Market Estimates & Forecast, by Application, 2020-2027

9.4.8. India

9.4.8.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.4.8.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.4.8.3. Market Estimates & Forecast, by Type, 2020-2027

9.4.8.4. Market Estimates & Forecast, by Application, 2020-2027

9.4.9. Rest of Asia-Pacific

9.4.9.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.4.9.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.4.9.3. Market Estimates & Forecast, by Type, 2020-2027

9.4.9.4. Market Estimates & Forecast, by Application, 2020-2027

9.5. RoW

9.5.1. Market Estimates & Forecast, by Region, 2020-2027

9.5.2. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.5.3. Market Estimates & Forecast, by Travel Range, 2020-2027

9.5.4. Market Estimates & Forecast, by Type, 2020-2027

9.5.5. Market Estimates & Forecast, by Application, 2020-2027

9.5.6. Middle East & Africa

9.5.6.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.5.6.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.5.6.3. Market Estimates & Forecast, by Type, 2020-2027

9.5.6.4. Market Estimates & Forecast, by Application, 2020-2027

9.5.7. Latin America

9.5.7.1. Market Estimates & Forecast, by Weight Capacity, 2020-2027

9.5.7.2. Market Estimates & Forecast, by Travel Range, 2020-2027

9.5.7.3. Market Estimates & Forecast, by Type, 2020-2027

9.5.7.4. Market Estimates & Forecast, by Application, 2020-2027

10. Competitive Landscape

11. Company Profiles

11.1. Yellow Scooters

11.1.1. Company Overview

11.1.2. Products/Services Offered

11.1.3. Financial Overview

11.1.4. Key Developments

11.1.5. Key Strategies

11.1.6. SWOT Analysis

11.2. Bird Rides, Inc.

11.2.1. Company Overview

11.2.2. Products/Services Offered

11.2.3. Financial Overview

11.2.4. Key Developments

11.2.5. Key Strategies

11.2.6. SWOT Analysis

11.3. Lime Scooter

11.3.1. Company Overview

11.3.2. Products/Services Offered

11.3.3. Financial Overview

11.3.4. Key Developments

11.3.5. Key Strategies

11.3.6. SWOT Analysis

11.4. Micro Mobility Systems AG

11.4.1. Company Overview

11.4.2. Products/Services Offered

11.4.3. Financial Overview

11.4.4. Key Developments

11.4.5. Key Strategies

11.4.6. SWOT Analysis

11.5. ofo Inc.

11.5.1. Company Overview

11.5.2. Products/Services Offered

11.5.3. Financial Overview

11.5.4. Key Developments

11.5.5. Key Strategies

11.5.6. SWOT Analysis

11.6. Mobike

11.6.1. Company Overview

11.6.2. Products/Services Offered

11.6.3. Financial Overview

11.6.4. Key Developments

11.6.5. Key Strategies

11.6.6. SWOT Analysis

11.7. Motivate (Lyft)

11.7.1. Company Overview

11.7.2. Products/Services Offered

11.7.3. Financial Overview

11.7.4. Key Developments

11.7.5. Key Strategies

11.7.6. SWOT Analysis

11.8. Pride Mobility Products Corp.

11.8.1. Company Overview

11.8.2. Products/Services Offered

11.8.3. Financial Overview

11.8.4. Key Developments

11.8.5. Key Strategies

11.8.6. SWOT Analysis

11.9. EV RIDER LLC

11.9.1. Company Overview

11.9.2. Products/Services Offered

11.9.3. Financial Overview

11.9.4. Key Developments

11.9.5. Key Strategies

11.9.6. SWOT Analysis

11.10. Golden Technologies

11.10.1. Company Overview

11.10.2. Products/Services Offered

11.10.3. Financial Overview

11.10.4. Key Developments

11.10.5. Key Strategies

11.10.6. SWOT Analysis

11.11. Merits Co. Ltd

11.11.1. Company Overview

11.11.2. Products/Services Offered

11.11.3. Financial Overview

11.11.4. Key Developments

11.11.5. Key Strategies

11.11.6. SWOT Analysis

11.12. Invacare Corporation

11.12.1. Company Overview

11.12.2. Products/Services Offered

11.12.3. Financial Overview

11.12.4. Key Developments

11.12.5. Key Strategies

11.12.6. SWOT Analysis  


List of Tables

Table 1 Global Micro Mobility Market, by Region, 2020-2027

Table 2 North America: Micro Mobility Market, by Country, 2020-2027

Table 3 Europe: Micro Mobility Market, by Country, 2020-2027

Table 4 Asia-Pacific: Micro Mobility Market, by Country, 2020-2027

Table 5 RoW: Micro Mobility Market, by Region, 2020-2027

Table 6 Global Micro Mobility Weight Capacity Market, by Region, 2020-2027

Table 7 North America: Micro Mobility Weight Capacity Market, by Country, 2020-2027

Table 8 Europe: Micro Mobility Weight Capacity Market, by Country, 2020-2027

Table 9 Asia-Pacific: Micro Mobility Weight Capacity Market, by Country, 2020-2027

Table 10 RoW: Micro Mobility Weight Capacity Market, by Region, 2020-2027

Table 11 Global Micro Mobility Travel Range Market, by Region, 2020-2027

Table 12 North America: Micro Mobility Travel Range Market, by Country, 2020-2027

Table 13 Europe: Micro Mobility Travel Range Market, by Country, 2020-2027

Table 14 Asia-Pacific: Micro Mobility Travel Range Market, by Country, 2020-2027

Table 15 RoW: Micro Mobility Travel Range Market, by Region, 2020-2027

Table 16 Global Micro Mobility Type Market, by Region, 2020-2027

Table 17 North America: Micro Mobility Type Market, by Country, 2020-2027

Table 18 Europe: Micro Mobility Type Market, by Country, 2020-2027

Table 19 Asia-Pacific: Micro Mobility Type Market, by Country, 2020-2027

Table 20 RoW: Micro Mobility Type Market, by Region, 2020-2027

Table 21 Global Micro Mobility Application Market, by Region, 2020-2027

Table 22 North America: Micro Mobility Application Market, by Country, 2020-2027

Table 23 Europe: Micro Mobility Application Market, by Country, 2020-2027

Table 24 Asia-Pacific: Micro Mobility Application Market, by Country, 2020-2027

Table 25 RoW: Micro Mobility Application Market, by Region, 2020-2027

Table 26 Global Micro Mobility Weight Capacity Market, 2020-2027

Table 27 Global Micro Mobility Travel Range Market, 2020-2027

Table 28 Global Micro Mobility Type Market, 2020-2027

Table 29 Global Micro Mobility Application Market, 2020-2027

Table 30 North America: Micro Mobility Weight Capacity Market, 2020-2027

Table 31 North America: Micro Mobility Travel Range Market, 2020-2027

Table 32 North America: Micro Mobility Type Market, 2020-2027

Table 33 North America: Micro Mobility Application Market, 2020-2027

Table 34 Europe: Micro Mobility Weight Capacity Market, 2020-2027

Table 35 Europe: Micro Mobility Travel Range Market, 2020-2027

Table 36 Europe: Micro Mobility Type Market, 2020-2027

Table 37 Europe: Micro Mobility Application Market, 2020-2027

Table 38 Asia-Pacific: Micro Mobility Weight Capacity Market, 2020-2027

Table 39 Asia-Pacific: Micro Mobility Travel Range Market, 2020-2027

Table 40 Asia-Pacific: Micro Mobility Type Market, 2020-2027

Table 41 Asia-Pacific: Micro Mobility Application Market, 2020-2027

Table 42 RoW: Micro Mobility Weight Capacity Market, 2020-2027

Table 43 RoW: Micro Mobility Travel Range Market, 2020-2027

Table 44 RoW: Micro Mobility Type Market, 2020-2027

Table 45 RoW: Micro Mobility Application Market, 2020-2027

 

List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approaches

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Micro Mobility Weight Capacity Market Share, 2020 (%)

Figure 9 Global Micro Mobility Weight Capacity Market , 2020-2027 (USD Million)

Figure 10 Global Micro Mobility Travel Range Market Share, 2020 (%)

Figure 11 Global Micro Mobility Travel Range Market, 2020-2027 (USD Million)

Figure 12 Global Micro Mobility Type Market Share, 2020 (%)

Figure 13 Global Micro Mobility Type Market, 2020-2027 (USD Million)

Figure 14 Global Micro Mobility Application Market Share, by Application, 2020 (%)

Figure 15 Global Micro Mobility Application Market, 2020-2027 (USD Million)

Figure 16 Global Micro Mobility Market Share, by Region, 2020 (%)

Figure 17 Global Micro Mobility Market, by Region, 2020-2027 (USD Million)

Figure 18 North America: Micro Mobility Market Share, 2020 (%)

Figure 19 North America: Micro Mobility Market, by Country, 2020-2027 (USD Million)

Figure 20 Europe: Micro Mobility Market Share, 2020 (%)

Figure 21 Europe: Micro Mobility Market, by Country, 2020-2027 (USD Million)

Figure 22 Asia-Pacific: Micro Mobility Market Share, 2020 (%)

Figure 23 Asia-Pacific: Micro Mobility Market, by Country, 2020-2027 (USD Million)

Figure 24 RoW: Micro Mobility Market Share, 2020 (%)

Figure 25 RoW: Micro Mobility Market, by Region, 2020-2027 (USD Million)

Micro-Mobility Market

The Micro-Mobility Market will reach up to USD 210 Billion is expected to grow at a 13% CAGR during the forecast period 2022-2028.

$210 Billion

Market Size


13%

CAGR


North America

Dominating Region

2022-2028

Forecast Period

Segmentation

By Application Commercial Private
By Types Bicycles Shared Bicycles Electric Scooters Electric Skateboards Weight Capacity Up To 100 Kg Between 100 250 Kg Above 250 Kg
By End-Users State And National Authority Micro Mobility Services Investors /Shareholders Research Organizations Government Associations

Key Players

  • Yellow Scooters (US)
  • Bird Rides Inc. (US)
  • Lime Scooter (US)
  • Micro Mobility Systems AG (Switzerland)
  • ofo Inc. (China)
  • Mobike (China)
  • Motivate (Lyft) (US)
  • Pride Mobility Products Corp. (US)
  • EV RIDER LLC (US)
  • Golden Technologies (US)
  • Merits Co. Ltd (Taiwan)
  • Invacare Corporation (US)

Drivers

  • Rising oil & gas prices
  • Excellent energy conversion rates
  • Growing demand for shared and dockless scooters
  • Reduction in emissions
  • Rapidly growing global population
  • Growing e-scooter and e-bike sharing and renting services
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Micro Mobility Market Overview


The market experts anticipate that the global Micro-Mobility Market is expected to grow with a 13% CAGR during the forecast period 2022-2028. The Micro-Mobility Market Revenue will reach up to USD 210 Billion within the forecast period.


Micro-mobility vehicles are used for traveling short distances. Some of the commonly used micro-mobility vehicles are bicycles, skateboards, electric vehicles, and others. Micro-mobility vehicles have wide application areas including the commercial sector. The demand for micro-mobility vehicles is continuously rising across the globe.


The rising demand for carpool and electric riding in urban areas will contribute to the steady Micro-Mobility Market Growth within the forecast period. These vehicles are flexible, sustainable, and cost-effective and these are the main factors for the significant growth of the global Micro-Mobility Industry.


COVID-19 Analysis


During the pandemic period, the strict lockdown measures had helped in curbing the spread of the virus but across the world, the economic growth slowed down drastically. Many factors had led to the decline in the requirements for the Micro-Mobility Market Demand such as work from home, cancelation of trips, restricted outings, closure of shops and restaurants, and others. In the post-pandemic period, the demand for Micro-Mobility vehicles is expected to rise.


Market Dynamics



  • Market Drivers


Owing to the increase in the price of gas and oil due to geopolitical tensions and other factors, the demand for Micro-Mobility systems is high. These vehicles are environment-friendly and cost-effective. Across the world, people are looking for a cheap and clean alternative to conventional fuel and these are important market drivers leading to the increase in the Micro-Mobility Market Size.


Traveling by micro-mobility vehicles saves money and time both. The demand for these vehicles is rising in the urban areas and the Micro-Mobility Market is anticipated to have significant growth during the forecast period.


Governments of different countries are offering incentives to encourage the use of micro-mobility vehicles. Setting up micro-mobility vehicle lanes, charging stations, and parking zones are some of the government initiatives that will help in the growth of the Micro-Mobility Industry during the forecast period.



  • Restraints


The extensive Micro-Mobility Market Analysis has revealed that there are certain hindrances for the growth of the Micro-Mobility Industry. Setting up the infrastructure for the Micro-Mobility System is very challenging. The designing and manufacturing process of a micro-mobile vehicle is very complex. Moreover, these vehicles are not suitable to be used in rural terrain. These are the restraints in the growth of the Micro-Mobility Market in the coming years.



  • Opportunities


Government initiatives for sharing Micro-mobility vehicles and intelligent transportation systems used in these vehicles are expected to create new opportunities for the growth of the Micro-Mobility Industry. During the forecast period, the market of Micro-Mobility is expected to have huge investments. According to the Micro-Mobility Market Report, the key players will invest in this sector which will lead to market expansion and new product development.



  • Challenges


The lack of awareness about micro-mobility vehicles is will also hamper the growth of the Micro-Mobility Market in the coming years. Lack of product awareness will result in a lesser adoption rate. Additionally, the shared transportation providers occupy a significant Micro-Mobility Market Share but these service providers are restricted mostly to the urban areas. This is a major challenge for the steady growth of the market.



  • Cumulative Analysis


The detailed study of Micro-Mobility Market Trends indicates that the global market of micro-mobility vehicles will have a CAGR of 13 % during the forecast period 2022-2028. The market is estimated to expand up to USD 210 Billion within 2028.



  • Value Chain Analysis


The Micro-Mobility Market Trends indicate that the value-chain analysis of the market is continuously evolving. The main market driver for this market is increased urbanization. Cost efficiency, increased short-travels, light-weighted vehicles, flexibility, and environment-friendliness are the major drivers for the increase in the Micro-Mobility Market Size during the forecast period.


Market Segmentations


The huge Micro-Mobility Market is segmented based on types, weight-capacity, travel range, end-users, and region.


Based on the travel range, the Micro-Mobility Market is further divided into 20-40 km range and above 40 km range. During the forecast period, the 20-40 km range is expected to occupy the maximum share of the Micro-Mobility Market Revenue. This sector includes vehicles that are lightweight, flexible, easy-to-park, and have better energy conservation.


Based on application, the Micro-Mobility Market is divided into Commercial and Private. During the forecast period, the commercial sector is expected to grow significantly owing to growth in different industries, reliability of micro-mobility vehicles in traveling short distances, and cost-efficiency.


Based on the weight capacity, the market is divided into up to 100 kg, 100-250 kg, and above 250 kg. The 100 kg sector is expected to have the highest Micro-Market Market Opportunities within the forecast period 2022-2028 due to cost-efficiency, flexibility, wide product range, and increasing customer base.


Based on region, the market is further divided into Europe, North America, Asia-Pacific, and the Rest of the world.


Based on the end-users the sectors of the Micro-Mobility Industry are state & National authority, Micro-mobility services, investors/stakeholders, research organizations, and government associations.


By the transport mode, the market of Micro-Mobility vehicles is segmented into bicycles, electric scooters, shared bicycles, and electric skateboards. The electric scooters segment is expected to grow rapidly within the forecast period owing to flexibility, excellent energy conservation, easy-to-park, and faster traveling within short ranges.


Regional Analysis


Based on the region, the global Micro-Mobility Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.


Due to the higher adoption rate of the micro-mobility vehicles in the North American region, it is expected to show a significant rise in the Micro-Mobility Market Share during the forecast period. The North American region is anticipated to do well during the forecast period.


The Asia-Pacific region of the Micro-Mobility Market is anticipated to show a faster growth rate during the forecast period. Owing to the increased demand for micro-mobility vehicles both in commercial and industrial sectors, the Asia-Pacific region is estimated to earn the highest revenue in the coming years.


Competitive Analysis


The global Micro-Mobility Market has moderate competition. With the rise in demands for different types of micro-mobility vehicles in the post-pandemic period, the key players are taking up strategies like mergers, acquisitions, investing in the adoption of new technologies, and innovative products. The key players are expanding their businesses across the globe aiming at the steady growth of the Micro-Mobility Market.



  • Volatility GmbH

  • Easy mile SAS

  • LimeBike

  • Scoot Network

  • Spin Scooters

  • Zagster

  • Beijing Mobile Technology Co. Ltd

  • Sway Mobility


Report Overview


The overview of the Micro-Mobility Market Forecast is given below.



  • Market Overview

  • COVID-19 Analysis

  • Market Dynamics

  • Value-Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Analysis

  • Recent Development


Report Scope and Segmentation


The scope of the Micro-Mobility Market Report is to provide valuable information after doing a detailed study of the market. Micro-Mobility vehicles are used for short-distance travel. In recent times, these vehicles are considered one of the most sought-after vehicles owing to their sustainable, cost-effective, and eco-friendly features.



  • Study Period- 2022-2028

  • Base Year- 2022

  • Forecast Period- 2022-2028

  • Historical Period- 2019-2021


Segmentation


Based on the application



  • Commercial

  • Private


Based on the travel range



  • 20-40 km

  • Above 40 km


By on the type of transport



  • Bicycles

  • Shared bicycles

  • Electric Scooters

  • Electric skateboards

  • Weight capacity

  • Up to 100 kg

  • Between 100-250 kg

  • Above 250 kg


By region



  • Europe

  • North America

  • Asia pacific

  • Rest of the World


By end-users



  • State and national authority

  • Micro mobility services

  • Investors /shareholders

  • Research organizations

  • Government associations



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 210 Billion: 2028
  CAGR   13% CAGR (2022-2028)
  Base Year   2021
  Forecast Period   2022-2028
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By Application, By End Users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Yellow Scooters (US), Bird Rides, Inc. (US), Lime Scooter (US), Micro Mobility Systems AG (Switzerland), ofo Inc. (China), Mobike (China), Motivate (Lyft) (US), Pride Mobility Products Corp. (US), EV RIDER LLC (US), Golden Technologies (US), Merits Co. Ltd (Taiwan), Invacare Corporation (US)
  Key Market Opportunities

  • Sustainable, cost efficient, energy efficient, and flexible transportation alternative
  • Increasing road congestion, ease of parking, ease of accessibility as well as excellent energy conversion rates

    		•
      Key Market Drivers

  • Rising oil & gas prices
  • Excellent energy conversion rates
  • Growing demand for shared and dockless scooters
  • Reduction in emissions
  • Rapidly growing global population
  • Growing e-scooter and e-bike sharing and renting services

    		•


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    Frequently Asked Questions (FAQ) :

    The growth rate of the micro-mobility market is expected as 13%.

    The crucial segment in the market is electric scooters.

    The key players of the micro-mobility market are Scoot Network, Beijing Mobike Technology Co. Ltd, LimeBike, Zagster, Spin Scooters, Sway Mobility, Floatility GmbH and Easymile SAS.

    Asia pacific market will dominate the market in the forecast period. It is a region with highest market shares.