Micro-Mobility Market Comprehensive Study With Key Trends, Major Drivers, Growth Prospects and Forecast to 2028

According to our latest market study on "Micro-Mobility Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (First and Last Mile Trips, Short Distance Trips); Location (Tracks, Roads, Footpaths); Application (Commercial, Private); Autonomy Level (Manual, Semi-autonomous, Autonomous) and Geography"

Micro-mobility involves transportation using light vehicles like shared bicycles, electric scooters, electric skateboard etc. Micro mobility vehicles are mostly used for travelling short distances. These vehicles can be used for private as well as commercial purpose. Also, considering traffic jams in urban areas, demand for micro mobility vehicles is expected to increase noticeably. For the forecast period, micro mobility market is anticipated to show a promising growth.

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Companies Profiled in this report includes: Bird Rides, Inc.,  Donkey Republic,  Dynamic Bicycles, Inc.,  Floatility GmbH,  Lime,  Mobike,  Rydies,  Skip,  Spin (Skinny Labs Inc.),  Zagster Inc.

MARKET SEGMENTATION

  Based on type, the global micro-mobility market is segmented into first and last mile trips and short distance trips.

  On the basis of location, the market is segmented into tracks, roads and footpaths.

  Based on application, the market is bifurcated into commercial and private.

  On the basis of autonomy level, the market is segmented into manual, semi-autonomous and autonomous.

MARKET DYNAMICS

Drivers

  Quick and easy travel for short distances.

  Rising urbanization and increasing per capita disposable income to boost market growth of micro mobility vehicles.

  New market players are entering the market considering the increased usage of micro mobility vehicles.

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IMPACT OF COVID-19 ON MICRO-MOBILITY MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Due to pandemic, movement of people from one place to another was restricted considerably. Also, due to job losses and salary cuts, purchasing power of the customer was reduced. They tried to avoid all the non-essential expenses. Considering these factors, demand for micro mobility vehicles was affected to a great extent.

Key suggestions for the new participants.

Piece of the pie examination of the top business players.
Market conjectures for at least 9 years of the relative multitude of referenced fragments, sub-portions, and the local business sectors.
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and suggestions).
Organization profiling with point by point techniques, financials, and ongoing turns of events.
Serious arranging planning the key regular patterns.
Key suggestions in key business portions dependent on market assessments.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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