Press release
Micromobility Market Size, Value, Analysis, Introduction, Overview, Porter's five forces analysis, Key Players: Beam Mobility Holdings, BIRD, Lime, Neuron Mobility, Voi, Yulu, Zagster, Floatility GmbH | Valuates Reports
The global micromobility market was valued at USD 40.19 Billion in 2020, and is projected to reach USD 195.42 Billion by 2030, registering a CAGR of 17.4% from 2021 to 2030. Key drivers of the micromobility market growth include the rising trend of on-demand transportation services, government initiatives for smart cities, and a rise in venture capital and strategic investments. Micromobility refers to a range of small, lightweight vehicles operating at a speed of not more than 15 miles per hour ( 25 km/hr) and is considered ideal for commuting within a 10 km range.
Download Free Sample: https://reports.valuates.com/request/sample/ALLI-Manu-1E46/Micromobility_Market
Trends Influencing the Growth of Micromobility Market
Rising environmental concern is driving the growth of the market
As urbanization increases the demand for micromobility will explode further due to rising pollution levels, increasing environmental consciousness, and growing congestion in urban cities.
Micromobility modes of transportation such as bikes, scooters, mopeds, and skateboards, etc provide much-needed easy access to public infrastructure, reduce the overall environmental footprint, and are much more cost-effective than traditional modes of transportation. Thus growing environmental concern will drive the growth of the micromobility market during the forecast period.
Increasing government initiatives for smart cities will accelerate the growth of the market
Rising government initiatives and support for building smart cities with necessary bike infrastructure etc are further fueling the growth of the market. Initiatives such as creating pop-up bike lanes, creating more open spaces, and making a few streets inaccessible to motorized vehicles, etc are contributing towards the growth of the micromobility market and will continue to rise further during the forecast period. Major governments around the world are completely changing their cities' transportation systems opening up spaces for bicyclers and pedestrians which is further boosting the growth of the micromobility market.
Increase in the trend of on-demand transportation systems is further driving the growth of the market
On-demand micromobility services include the availability of e-bikes and e-kick scooters provide flexibility, fare comparison, and other features such as real-time feedback, review ratings, etc. Furthermore, with the advent of various mobile applications location, price, and demand-supply determination has become far easier. Thus, the rising demand for micromobility transportation services is fueling the growth of the micromobility market and will continue to grow during the forecast period.
Presence of key market players and rising investments will accelerate the growth of the market
The surge in demand for carpool and bike pooling services among office commuters and the presence of big markets players such as Uber and Ola has further given a huge thrust to the growth of the market. Several offers like pick up and drop facility, co-passenger information, higher convenience, and affordable pricing has increased the demand for micromobility transport services further driving the growth of the micromobility market. Rising investments are also contributing to the growth of the market.
View Full Report: https://reports.valuates.com/reports/ALLI-Manu-1E46/micromobility
Micromobility Market Share Analysis
Based on vehicle type, the electric bicycle segment is expected to provide lucrative opportunities for growth during the forecast period as e-bikes are the cheapest modes of transportation leading to faster adoption among end consumers.
Based on propulsion type, the electrically powered segment is expected to hold the largest micromobility market share during the forecast period due to the rising demand for electric-powered micromobility transportation modes.
Micromobility Market by Propulsion Type
• Human Powered
• Electrically Powered
Micromobility Market by Vehicle Type
• E-kick Scooters
• Bicycles
• Skateboards
• Others
Micromobility Market by Sharing Type
• Docked
• Dock-less
Micromobility Market by Age Group
• 15-34
• 35-54
• 55 and Above
Micromobility Market by Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Key Companies
• Beam Mobility Holdings
• Bird
• Electricfeel
• Dott
• Lime
• Neuron Mobility
• VOI
• Yulu
• Zagster
• Floatility GmbH
Inquire for Regional Report: https://reports.valuates.com/request/regional/ALLI-Manu-1E46/Micromobility_Market
Similar Reports:
1. Ebike Market: https://reports.valuates.com/market-reports/360I-Auto-3N194/the-global-electric-bike
2. Pedelec Market: https://reports.valuates.com/market-reports/QYRE-Auto-771/global-pedelec
3 EBike Lithium Battery market: https://reports.valuates.com/market-reports/QYRE-Auto-13D5644/global-e-bike-lithium-battery-sales
4. Folding Bike Market: https://reports.valuates.com/reports/ALLI-Manu-3F64/folding-bike
5. Electric Scooter and Motorcycle Market: https://reports.valuates.com/market-reports/QYRE-Auto-1Z1154/global-electric-scooter-and-motorcycle
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Micromobility Market Size, Value, Analysis, Introduction, Overview, Porter's five forces analysis, Key Players: Beam Mobility Holdings, BIRD, Lime, Neuron Mobility, Voi, Yulu, Zagster, Floatility GmbH | Valuates Reports here
News-ID: 2588062 • Views: …
More Releases from Valuates Reports
AI-powered ESG Reporting Software Market Revenue Share, Insights & Future Outloo …
AI-powered ESG Reporting Software Market Size
The global market for AI-powered ESG Reporting Software was valued at US$ 841 million in the year 2024 and is projected to reach a revised size of US$ 2524 million by 2031, growing at a CAGR of 17.0% during the forecast period.
North American market for AI-powered ESG Reporting Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at…
Electric & Hydraulic Wellhead Drives for Onshore Market Revenue Share, Insights …
Electric & Hydraulic Wellhead Drives for Onshore Market
The global market for Electric & Hydraulic Wellhead Drives for Onshore was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
A wellhead is the component at the surface of an oil or gas well that provides the structural and pressure-containing interface for…
All Flash Network Attached Storage (NAS) Market Revenue Share, Insights & Future …
All Flash Network Attached Storage (NAS) Market
The global market for All Flash Network Attached Storage (NAS) was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Network additional storage is the name of a specialized data storage technology that can be directly connected to the computer network, providing centralized data…
Portable Normal Pressure Fire Fighting Pump for Industrial Market Revenue Share, …
Portable Normal Pressure Fire Fighting Pump for Industrial Market Size
The global market for Portable Normal Pressure Fire Fighting Pump for Industrial was valued at US$ 132 million in the year 2024 and is projected to reach a revised size of US$ 186 million by 2031, growing at a CAGR of 5.1% during the forecast period.
Download Free Data: https://reports.valuates.com/request/sample/QYRE-Auto-34T15717/Global_Portable_Normal_Pressure_Fire_Fighting_Pump_for_Industrial_Market_Research_Report_2023?utm_source=Openpr&utm_medium=Referral
Report Scope
This report aims to provide a comprehensive presentation of the global market…
More Releases for Micromobility
Latest Trends In Global Micromobility Market
Micromobility refers to a mode of transportation that involves lightweight, small-scale vehicles designed for short-distance travel within urban or suburban areas.
These vehicles are typically compact, easy to maneuver, and well-suited for covering relatively short distances, often referred to as the "last mile" or "first mile" of a journey.
Micromobility solutions have gained prominence as cities seek to address issues related to congestion, pollution, and limited urban space.
One real-world example…
Latest Trends In Global Micromobility Market
Private car ownership has been the most common and preferred way of moving people from point A to point B. But, over the past few years with the rise of Mobility-as-a-service, even car companies want to be a complete Mobility service provider in order to keep pace with changing consumer behaviour.
Request for Sample@ https://mobilityforesights.com/product/micromobility-market/
It first started with Ride hailing taxis in the US in 2009, moved on to the bike…
Micromobility Telematics Market Analysis, Trends, and Forecasts
Some of the key factors propelling the micromobility telematics market expansion are the growing need for first- and last-mile transportation, substantial expenditures on micromobility, and rising demand for micromobility services.
Due to all these factors, the market is projected to reach $13,010.4 million by 2030. The market is anticipated to grow quickly because of the quick integration of locking mechanisms, network services, smartphone connections, and fleet optimization into such services.
To receive…
E-Bikes Dominated the Japan Micromobility Market
The Japanese micromobility market is a growing and it will grow at a rate of 78.7% in the years to come, to reach a value of USD 11,663 million by 2030, as per a report by a market research firm P&S Intelligence in one of its reports.
E-bikes had the largest share in the industry in Japan in the past. This has a lot to do with fact that e-bike sharing…
The Popularity of Micromobility Sporting Requirement for Micromobility Telematic …
Micromobility services, which offer alternatives for transportation across lengths of up to 5 km, are crucial in bridging the first- and last-mile connection gap. These services are provided using station-based, dockless, or hybrid models, allowing commuters to leave their cars wherever it is most convenient for them.
Therefore, these models make it easier to connect last- and first-mile transportation. For shorter trips, kick scooters, scooters/motorcycles, and bike-sharing services are available from…
Shared Micromobility Services Will Influence Malaysia Micromobility Market
Due to their low costs and capacity to offer more convenience than traditional mobility services, micromobility services are becoming increasingly popular in Malaysia for last- and first-mile commuting. These services are typically offered using a station-less or dock-less paradigm, allowing clients to drop off their cars wherever it is most convenient.
To receive free sample pages of this report: https://www.psmarketresearch.com/market-analysis/malaysia-micromobility-market/report-sample
For instance, due to their capacity to offer affordable transportation, bike-sharing programs…
